Former Brazilian President Luiz Inacio Lula Da Silva says US President, Donald Trump “doesn't care about Latin America in the least” and added that “Bush and Condoleezza Rice pursued a much more democratic policy towards Brazil than Barack Obama...
For decades, many Latin America’s oil-producing nations have often shunned investment from foreign firms, instead keeping their vast reserves under the tight control of governments and state-run oil companies, Reuters states in a April 2 report.
They aimed to protect...
(Bloomberg) Bahrain, the smallest energy producer in the Persian Gulf, discovered its biggest oil field since it started producing crude in 1932, according to the country’s official news agency.
The shale oil and natural gas discovered in a deposit off...
Saipem America Incorporated has indicated that it will be contracting a Guyanese company to provide shore-base services for its operations in the Liza Field in the Stabroek Block.
The company - a tier one contractor of ExxonMobil Guyana – has been...
The Guyanese government on Thursday formally filed its Application with the International Court of Justice in The Hague, over its border controversy with neighbouring Venezuela.
The application stems from a decision in January last by United Nations Secretary General, Antonio...
The discovery of oil in Guyana and imminent first oil in 2020 has pushed the Georgetown Chambers of Commerce and Industry (GCCI) to embrace a two-pronged approach to promoting the country’s private sector involvement in and around the oil...
Guyanese Minister of State, Joseph Harmon has assured stakeholders that funds to be used from the US$18M signing bonus will first be placed in the country’s Consolidated Fund before being disbursed.
The US$18 signing bonus paid by US Oil Major...
Despite the discovery of more than 3.2 billion barrels of oil off the Guyana coast, the South American country’s offshore basin still remains risky with no guarantee that the unprecedented rate of discoveries – seven to date – will...
Guyana’s Ministry of Business has been tasked with spearheading the development of the country’s local content policy framework, now slated to be finalized and completed by the end of April.
This was disclosed by the South American country’s Minister of...
Guyanese authorities today began—through a one day stakeholder workshop—a review of its National Draft Oil Spill Contingency Plan, for finalizing and implementation within the next 24 months, ahead of first-oil in March 2020.
Spearheaded by the South American country’s Civil...
