News

While some leading experts and institutions across the world have called on nations to quickly transition to cleaner sources of energy, particularly renewable options, Trinidad & Tobago is insisting that it will adhere to this call on its own...

Guyana’s President Dr Mohamed Irfaan Ali said on Thursday that his government is pleased to partner with the International Energy Conference and Expo for the four-day event scheduled for mid-February in Guyana. “We believe that the multifaceted nature of the...

UK-based multinational oil and gas exploration company Tullow Oil is calling it a day in Suriname. Drilling operations at the Goliathberg-Voltzberg North (GVN) exploration well at Block 47 failed to deliver commercial crude earlier this year after reaching total...

APA Corporation announced results on Wednesday from flow testing at the Sapakara South appraisal well and drilling results from the Bonboni exploration well in Suriname. Both operations were recently completed on Block 58. Sapakara South-1 (SPS-1) flow test Flow and subsequent...

The Guyana Revenue Authority (GRA) on Wednesday announced a slew of regulatory procedures meant to govern the establishment of shorebases servicing the country’s petroleum sector. In a public notice, GRA said that back on October 9, 2021, it had published...

Guyana's Vice President Dr. Bharrat Jagdeo said the Government is seeking to assemble a group of strong local auditors to collaborate with an international firm for the audit of ExxonMobil’s post-2017 costs. “We have made it clear what our intention...

Prime Minister of Trinidad and Tobago, Dr. Keith Rowley announced on Wednesday that a crucial agreement was signed between his administration, Shell Trinidad and Tobago Limited, and Shell Trinidad and Tobago Resources SRL (Shell) on the terms and conditions...

(S&P Global Platts) Brazil is continuing to work cooperatively with OPEC but has no current plans to formally join the oil producer cartel, the country's energy minister said Nov. 17, noting rising domestic concerns over high oil and gas...

Guyana's political opposition has moved to Parliament with a list of questions it hopes would allow it to better understand why the government has not yet completed the audit of ExxonMobil’s Liza Phase 1 and 2 projects which total...

SBM Offshore announced on Wednesday that it has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for Guyana's Yellowtail Development project. The Dutch floater specialist said the award...