Reminiscent of a 2013 maritime incident in which a US-operated vessel was seized by the Venezuelan navy while in Guyana waters searching for oil, British High Commissioner to Guyana, Greg Quinn, says similar aggression by the Bolivarian Republic in...
(Offshore) Brazilian oil company Petrobras has declared commerciality of the field in the Libra Northwest area, in the pre-salt of Santos Basin off Brazil, renaming it Mero.
Namely, Petrobras said in its statement last Thursday that it had submitted the declaration...
(Maritime Executive) The U.S. Senate approved a revised Tax Cuts and Jobs Act on Saturday, that API President and CEO Jack Gerard applauds as pro-growth and pro-development.
“With this morning’s Senate vote, Congress is poised for the first time in...
ExxonMobil announced today a partnership with retailer Grupo Orsan to open eight Mobil-branded service stations this week in Querétaro as part of the company’s entry in Mexico’s fuels market. ExxonMobil plans to open 50 Mobil stations in the Bajio region...
(Hart Energy) Mark Twain would appreciate irony in the Eagle Ford Shale, where rumors of the play’s impending exhaustion are greatly exaggerated.
The Eagle Ford has produced 2.5 billion barrels (Bbbl) of oil and will generate another 2.1 Bbbl, according...
As Venezuela's financial crisis deepens, President Nicolas Maduro announced on Sunday the creation of a digital cryptocurrency to fight a financial blockade fueled by US sanctions on the Latin American country.
The digital cryptocurrency will be called the Petro and...
The President of Trinidad and Tobagos’ state-owned oil company Petrotrin has resigned over a scandal involving discrepancies between reported oil production in the exploration and production operations in the Catshill Field operated by A&V Oil and Gas and the...
(Reuters) - Venezuela has ordered the removal of Rafael Ramirez, once a powerful oil minister and head of state oil company PDVSA, from his post as representative to the United Nations in New York, four sources with knowledge of...
The 14th Bidding Round of blocks for exploration and production of oil and natural gas, held on September 27 by Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP), marked the reestablishment of the sector in the South...
First oil has flowed from Brazil’s giant Libra field operated by Petrobras and a consortium that includes Total, Shell and China’s CNPC and CNOOC, the companies said on Monday.
Libra, which has recoverable volumes estimated by oil regulator ANP at...
