(S&P Global Platts) ExxonMobil has been awarded a
35-year concession for another block in Vaca Muerta, a massive shale play that
has been driving the company's growth in oil and natural gas production in
Argentina.
The government of Neuquen, a southwestern province where
most...
Total and its partners have taken the investment decision
for the third phase of the Mero project (Libra block), located 180 kilometers
off the coast of Rio de Janeiro, in the prolific pre-salt area of the Santos
Basin in Brazil.
The Mero 3...
The country with the largest oil reserves in the world could
soon be producing none of it. Venezuela—one of the world’s earliest and (at one
time) largest oil producers, as well as a founding member of OPEC—could soon be
producing close to...
(Associated Press) The Trump administration has seized the cargo of four tankers it was targeting for transporting Iranian fuel to Venezuela, U.S. officials said Thursday, as it steps up its campaign of maximum pressure against the two heavily sanctioned...
Guyana and Suriname, with populations of approximately 780,000 and 575,000 respectively, are among the smallest countries on the South American continent, both in terms of area and inhabitants.
But these two small nations have now become a big deal with...
(Trinidad Express) It’s the People’s National Movement (PNM) again. But with a reduced majority.
The PNM has held on to government with a 22/19 election result, giving it a three-seat majority.
The party, which won 23 seats in the last general...
(Loop News) Today, eligible electors from all over the country will cast their vote for the next government of Trinidad and Tobago.
It has been a brisk but eventful election season, set against the backdrop of a global pandemic and...
Following discussions over the last 24-hours between the newly elected Presidents of Guyana and Suriname, the two leaders announced on Sunday their intent to strengthen bilateral relations between the two South American countries that will see strategic collaboration in...
The Guyana-Suriname basin has been the subject of much discussion since US oil major ExxonMobil made its world class Liza discovery in 2015 at the prolific Stabroek Block. Appraisal drilling showed Liza contained 800 million to 1.4 billion barrels...
(MercoPress) Brazilian oil exports more than doubled in July to 8.19 million tons, compared to 3.76 million tons shipped in July 2019, according to data released by the Foreign Trade Secretariat, Secex.
The volume was the second highest in 2020,...