Regional

As Guyana swiftly approaches first oil, which is expected next month, former Prime Minister of Jamaica, Portia Simpson-Miller, is warning that certain adjustments need to be made as the South American country prepares for the anticipated windfall. She expressed these...

At an October forum in Saudi Arabia, Brazil’s president Jair Bolsonaro suggested that he would like to see Brazil join OPEC. If such a marriage were to come to fruition, OPEC would be the clear winner and Brazil the...

Trinidad and Tobago's industries regulator is warning that a natural gas shortage is slowly chipping away at the country's industrial base. James Lee, executive director of the regulated industries commission, told Argus on the sidelines of a gas conference that the planned...

  Former Prime Minister of Jamaica, Portia Simpson-Miller, will deliver the keynote address at the Georgetown Chamber of Commerce and Industry’s (GCCI) Annual Awards Presentation and Dinner on Thursday, November 28. The event, set to take place at the Guyana Marriott...

Output from oil fields in Brazil’s subsalt frontier covered by production-sharing agreements will surge over the next decade to 3.9 million b/d by 2031, surpassing the country’s current total output of about 2.9 million b/d, the head of government...

SBM Offshore and Constellation Oil Services Holding S.A. said on Friday they have successfully completed the transaction regarding the sale to SBM Offshore of Constellation’s equity ownership in the lease and operating companies related to five Brazilian FPSOs. This follows...

Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, based on Rystad Energy’s latest data and forecasts. Brazil’s biggest-ever oil auctions in November were generally deemed to be disappointing, receiving muted interest...

Brazil’s largest-ever auction of oil deposits conducted just over a week ago was a total flop and CEO of state-controlled Petroleo Brasileiro SA says that the astronomic price tag and regulatory uncertainties are to blame. World Oil reported that Petrobras...

French oil giant Total announced on Friday first oil from the Iara license (Block BM-S-11A), located in the deepwater Santos Basin pre-salt in Brazil. According to a press release from the company, this development marks the start-up of the P-68,...

(Bloomberg) -- The Dragon, a massive oil tanker flying the Liberian flag, is supposed to be floating somewhere off the coast of France, according to its last GPS signal. Instead, it’s currently thousands of miles away in Venezuela where, under...