Regional

T&T MP calls for Petrotrin Board to resign

“This is the second incident in two weeks which has brought grave danger to residents following last week's oil spill which the nation remains unsure of the total quantity of oil leakage,” - David Lee Pointe-a-Pierre MP David Lee has...

Bristow in new contract with Hess for search and rescue operations

"We are using sophisticated helicopters to deploy multiple types of airborne rescues for the new service, with crews that are highly skilled and trained and ready to respond to any type of medical emergency." Bristow U.S. LLC on Wednesday announced...

Oil prices shaping up to have major effect on Russian currency

The results of a recent Bloomberg survey of FX executives show that the biggest issue facing the Russian ruble in 2017 is the price of oil. Released today (May 3 2017), the results show that 51% of those polled saying...

Chinese oil & gas companies come big at OTC

A number of Chinese companies participated in the 48th Offshore Technology Conference (OTC), which kicked off Monday in Houston. Although the organizer did not give an exact number of Chinese companies attending this conference, it is a fact that more...

OTC: Oil companies should beef up cyber security

As oil companies outfit offshore platforms and drilling rigs with more automated, interconnected devices such as sensors, they should pay more attention to keeping those systems protected from online attacks, a speaker said at the Offshore Technology Conference on...

Guyana open to receiving support for oil & gas training from Australia

Guyana has been actively reaching out to its international partners for support and advice as the country continues to put systems in place for oil production, set to begin in 2020. One area where maximum support is needed is...

Trinidad’s Petrotrin investigating oil spill

Trinidad and Tobago State owned Trinihas established a team to investigate the cause of the oil spill where hundreds of barrels of black crude flowed into the Gulf of Paria from a leak at the Pointe-a-Pierre refinery which occurred...

ExxonMobil recommits to global support for malaria

In recognition of World Malaria Day, ExxonMobil announced on Tuesday that it is renewing support for local and global organizations working to end malaria around the world. Grants made this year will continue ExxonMobil’s longstanding support for efforts to...

Exxon making big time push for shale in South America

ExxonMobil Corporation will spend close to one billion dollars this year to ramp up the production of natural gas at the Vaca Muerta shale play located in Neuquen, Argentina. The governor of Neuquen province, Omar Gutierrez, said in a statement...

Apache hits dry well offshore Suriname

Apache Oil and Gas Corporation has failed to find commercial quantities of oil at its Kolibrie-1 well, offshore Suriname. The closely-watched drilling operations took place 129km off the coast of the South American country, in Block 53. The Noble Douglas drill...

Latest News

Second Guyana oil auction unlikely before November 2025 elections 

Guyana Vice President Bharrat Jagdeo said Thursday he is doubtful Guyana’s next auction of offshore acreage will happen before...