After a third dud, ExxonMobil has abandoned current drilling efforts in Brazil’s deepwater acreage, according to a Wall Street Journal report.
WSJ’s sources indicate that Exxon has shifted geologists and engineers from Rio de Janeiro to its other prospects in...
The International Court of Justice (ICJ) on Thursday struck down Venezuela's preliminary objection against the admissibility of Guyana's case before the Court. The ruling removes a roadblock Venezuela intended to set up to prevent a final settlement of the...
The International Court of Justice (ICJ) said it will make a key ruling in the border case between Guyana and Venezuela: Arbitral Award of 3 October 1899 (Guyana v. Venezuela). The judgment is not related to the conclusion of...
Charges of appropriation or distraction of public patrimony, money laundering and association, influence peddling, among other crimes were laid against 19 of the 21 persons fingered in the massive US$21.2 billion PDVSA scandal.
In a Tweet, Venezuela’s Attorney General Tarek...
Trinidad and Tobago’s Energy Minister Stuart Young remains confident that the current PDVSA scandal will in no way affect its ongoing negotiations with Venezuela on the Dragon gas deal.
Young was forced to comment after Venezuela’s Energy Minister, Tareck Al...
Venezuela’s PDVSA is making headlines again. And not in a positive way.
Just when Venezuela’s oil industry appeared to be on the rebound, PDVSA has been hit with a major corruption scandal investigation, one that has seen its Energy Minister...
Trinidad and Tobago's economy got a favourable outlook from the International Monetary Fund (IMF) for 2023, seen as a positive sign that it is slowly recovering after years of struggling.
But its former Minister of Energy, Kevin Ramnarine disagrees.
“The International...
Chief Executive Officer of Hess Corporation, John Hess, said one exploration well will be drilled this year in Block 42 offshore Suriname.
Hess, Chevron and Shell, the operator, are equal stakeholders in the Block which lies north of Block 58,...
Trinidad and Tobago (TT) expects gas to start flowing from the Dragon field project in two years, once all goes well in negotiations with Venezuela, its Energy Minister, Stuart Young has said.Â
Young, according to Reuters, is due back in...
When it comes to the question of energy security with the Caribbean Community (CARICOM), Former Science Adviser with the Caribbean Climate Change Centre, Dr. Ulric Trotz, believes it would be better to pursue a ‘PetroCARICOM’ agreement rather than a...
