Regional

The Caribbean-Central American Action (CCAA) and the Inter-American Development Bank (IDB) will be hosting a business summit in Guyana in collaboration with a number of stakeholders, slated for September 25 and 26. The event; The Transformational Economy: Perspectives and Opportunities...

World energy consumption is projected to increase by 28% between 2015 and 2040 according to the US Energy Information Administration. In figures published last week, EIA said coal demand will remain flat, and renewable energy will be the world’s...

Country Representative of Tullow Oil in Guyana, Joachim Vogt, says not much opportunity exist for local content in the exploration phase of offshore operations. Vogt was at the time responding to a question from OilNOW about the likelihood of Guyanese...

(Bloomberg) -- Oil traded near $50/bbl in New York, close to a three-month high, as a further reduction in U.S. drilling added to signs the global crude surplus is abating. WTI futures slipped 0.5% after advancing 5.1% last week. Rigs...

Royal Dutch Shell and Petrobras last week signed  in The Hague, Netherlands, a Memorandum of Understanding (MoU) to establish a long-term mutual collaboration in developing pre-salt fields in Brazil. Shell will benefit from technical solutions, contract management expertise and cost...

Paradigm will present the latest innovations in its extensive suite of geological and geophysical software solutions in at the SEG International Exposition and 87th Annual Meeting in Houston, to be held September 24-29.  Demonstrations will feature integrated workflows for seismic processing and imaging, interpretation,...

Understanding the current political and socio-economic situation in Venezuela is not as simple as reading the news of the day. In order to grasp this ‘man made calamity’ according to Fernando Menendez – Economist and Senior Fellow from the...

Hess has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the eighth consecutive year. The index, which recognizes public companies for outstanding performance across economic, environmental and social factors, is used as a reference by shareholders...

(AP) New York, California and three other US States are suing the Trump administration, saying it must put in place higher penalties for automakers that violate federal fuel economy standards. The U.S. Department of Transportation more than doubled civil penalties...

ExxonMobil said Tuesday that facility assessments and restart activities continue at its Baytown refinery, and that it has made significant progress in restarting chemical production, pipelines and other logistical infrastructure in the Houston area. The company’s fuel terminals in Houston...