(Reuters) - Venezuela’s oil exports fell to a historic low of 359,000 barrels per day (bpd) in October as most of state-run PDVSA’s long-term clients paused trade to meet a U.S. deadline to halt business with the firm, according...
As the Guyana government presses on with plans for a natural gas power generation plant to provide cheaper and more reliable energy to its citizens, the Caribbean Community (CARICOM) Secretariat is also looking at how the country’s oil and...
Large volumes of associated natural gas discovered with oil off the coast of both Guyana and Suriname can play a major role in the transformation of these neighbouring countries which are now moving to develop their deepwater hydrocarbon resources....
The Energy Chamber of Trinidad and Tobago said in an update on Friday that Italian-based multinational oil company, ENI has been given the green light from the United States to offload crude oil from the Nabarima FSO, without breaking...
Equinor (60%), and its partner BP Canada (40%), have made two oil discoveries offshore Newfoundland, Canada.
The two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons; however, it is too early to provide specific...
Suriname expects to potentially earn up to $60 billion from development of hydrocarbon resources at the three discoveries made to date offshore the South American country.
Rudolf Elias, CEO of Suriname’s National Oil Company, Staatsolie Maatschappij Suriname NV, during a...
(Reuters) Crude inventories at Venezuela’s main oil export terminal, Jose, have hit their highest levels since August as customers shy away from state oil company Petroleos de Venezuela due to U.S. sanctions, a document seen by Reuters on Monday...
(S&P Global Platts) BP has handed over operatorship of an environmentally sensitive exploration block offshore Brazil in the Amazon Delta to state-run oil company Petrobras, BP confirmed Oct 26.
Petrobras will take over the operation of the FZA-M-59 block in...
The Energy Chamber of Trinidad & Tobago (ECTT) and Suriname state oil company Staatsolie Maatschappij Suriname N.V. (Staatsolie) have signed a Memorandum of Understanding (MoU) to collaborate on building health, safety and environmental (HSE) capacity in the Surinamese oil...
(teleSUR) Venezuela’s President Nicolas Maduro Sunday announced the discovery of a high-effective treatment capable of eliminating COVID-19 and pointed out that a drug will be presented to the World Health Organization (WHO) for certification.
The treatment, based on a molecule called TR-10, was designed...