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Trinidad’s signature energy conference returns on May 31

OilNOW -
Trinidad and Tobago’s premier energy event – the Trinidad and Tobago Energy Conference & Trade Show 2022 is set to return on May 31. The conference will be held at the Hyatt Regency Hotel and will end on June 2. It is being held under the...
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Brazil, Guyana exploring Boa Vista-Georgetown Road corridor to boost trade, investment

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Following a state visit of the President of Brazil, Jair Bolsonaro to Guyana to meet with President Dr. Mohamed Irfaan Ali last Friday, the two agreed to explore the merits of a road corridor linking Boa Vista, the capital...
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Guyana signs air services agreement with world’s largest oil producer

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Aiming to be a major transport hub in the Latin America and Caribbean (LAC) region, Guyana has entered into an Air Services Agreement with the world’s largest oil producer, the Kingdom of Saudi Arabia. Guyana’s Minister of Public Works, Bishop Juan...
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World’s largest deepwater producer to exchange energy plans with Guyana

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The Presidents of Brazil and Guyana, Jair Bolsonaro and Dr. Mohamed Irfaan Ali, met in Georgetown on Friday and agreed to cooperate on energy matters. They intend to intensify information exchange on their national energy plans, experiences in regulatory matters...
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Brazil, Guyana Presidents say time for new phase of feasibility studies on regional energy corridor

Kemol King -
The Presidents of two star oil producers in South America - Brazil and Guyana - met in Georgetown on Friday to discuss how they may strengthen relations. Energy, being a going concern for both countries, was high on the...
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Brazil to increase oil production by 300,000 barrels per day, this year – AMI

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The Federative Republic of Brazil is preparing to increase its oil production by 300,000 barrels per day (bpd), a nearly 10% hike from its current approximate output of 3 million bpd, according to Americas Market Intelligence (AMI). Energy Co-Director at...
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JP Morgan cuts global oil demand outlook for 2022 by 1 million bpd – Reuters

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(Reuters) - JP Morgan on Wednesday lowered its outlook for global oil demand for 2022 by one million barrels per day (bpd) citing higher oil prices, a deteriorating growth outlook and escalating geopolitical tensions. "We now see total oil demand...
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Leader of South America’s largest oil-producing nation for Guyana visit

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President of the Brazilian Republic, Jair Bolsonaro is set to visit Guyana on Friday, May 6, to strengthen relations between Guyana and Brazil. President Dr. Mohamed Irfaan Ali had said that Guyana should improve its relationship with its Portuguese-speaking neighbour. Brazil...
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Hess targeting oil offshore Suriname at potential Stabroek Block play extension

OilNOW -
Much focus is being placed on Guyana’s oil and gas successes since the year began, but Hess Corporation is not taking its eyes off Suriname’s potential. In fact, during the company’s Q1 earnings call on Wednesday, Chief Operating Officer (COO) Greg...
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New Petrobras CEO takes office, vows to continue maximising value from deepwater assets

OilNOW -
Brazil’s state oil company Petrobras finally has a new Chief Executive Officer (CEO) Jose Mauro Coelho, putting an end to the messy public leadership change. Coelho took up his appointment last week in the presence of Brazil’s Minister of Mines and Energy, Bento...
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SLB secures multi-region deepwater contracts from Shell

Shell has awarded major drilling contracts to SLB, a global energy technology company. These contracts aim to support energy...

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