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Canada’s most prolific gas producer, other O&G companies planning to grow production

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(S&P Global Platts) Multiple Canadian companies, including the country's most prolific natural gas producer, plan on growing volumes and capital spending in the quarters ahead, in a stark contrast from major US oil and gas operators prioritizing fiscal discipline...
Exploration

Platts panel talk up Guyana deepwater oil prospects

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Updated August 21, 2021 “So, it's like the western hemisphere's Abu Dhabi in a sense” Guyana – the biggest oil story in the last decade – remains the centre of attention in any discussion on deepwater prospects in the western hemisphere....
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Oil posts biggest week of losses in nine months

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(Reuters) - Oil prices closed out their biggest week of losses in more than nine months with another down day on Friday, as investors sold futures in anticipation of weakened fuel demand worldwide due to a surge in COVID-19...
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Investments and opportunities growing in South America’s new oil producing nation

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With Guyana approaching its second year as an oil-producing nation, the small South American country, with a population of approximately 750,000 continues to see increasing benefits from its resource-rich Exclusive Economic Zone (EEZ), in which its vast oil fields...
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Guyana, Suriname exploring unification of economic spaces – senior minister

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The Presidents of Guyana and Suriname, Dr. Mohamed Irfaan Ali and Chandrikapersad Santokhi, have discussed at length, ways in which the two countries can unify their economic spaces. So said senior minister in the Office of the President with responsibility...
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Argentina introduces gas plan too late, now forced to purchase LNG at record high prices, says GlobalData

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Argentina’s Plan Gas IV, which aimed to incentivize natural gas production in the country, was introduced too late, according to GlobalData. The data and analytics company notes that the plan’s delays have meant production has not ramped up enough...
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Oil drops as Delta variant spreads

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(Reuters) - Oil prices were down for a seventh straight session on Friday near three-month lows and heading for a weekly loss of over 7% as new lockdowns in countries facing surging cases of the COVID-19 Delta variant dampened...
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Guyana, Suriname discoveries span around 100 million years of deposition – Exxon Senior VP

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The unprecedented discoveries in the Guyana-Suriname Basin formed the basis of discussions on day 3 of the Offshore Technology Conference at a session where key stakeholders shared their views and talked about upcoming exploration and production campaigns. Chief among...
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Guyana-Suriname Joint Communique

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JOINT COMMUNIQUE ISSUED ON THE CONCLUSION OF THE OFFICIAL VISIT TO GUYANA BY HIS EXCELLENCY CHANDRIKAPERSAD SANTOKHI, PRESIDENT OF THE REPUBLIC OF SURINAME  AUGUST 17-20, 2021 At the invitation of His Excellency Dr Mohamed Irfaan Ali, President of the Cooperative...
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TotalEnergies says decision on 1st Suriname offshore development by year end

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TotalEnergies, operator of Suriname’s Block 58, says by the end of the year it will be able to determine if an announcement of the first commercial development offshore the South American country will be made. The French oil major along...
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Jennifer Geerlings-Simons makes history as Suriname’s first female President amid offshore oil plans 

PARAMARIBO-SURINAME: Suriname’s National Assembly convened on Sunday to elect the country’s next president in an important parliamentary session. In...

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