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America blows past the world in oil and natural gas

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(AXIOS) America is poised to produce far more oil and natural gas over the next five years than any other country in the world, according to a new report. Why it matters: It shows how America, already the world’s largest...
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Data from dry holes ‘sharpen chances of success’ in future exploration – Staatsolie

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Despite encountering 6 dry holes in its Nearshore Drilling Project (NSD), Suriname state oil company Staatsolie says the campaign allowed for valuable data to be collected which could play a key role in ultimately hitting pay offshore the Dutch-speaking...
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Brazil will drill massive oil find despite climate concerns: minister

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(Reuters) - Brazil will push to expand oil drilling in its massive “pre-salt” oil and gas area off its coast in spite of growing global concerns about climate change, the country’s energy minister told Reuters on Monday. Brazil’s Mines and...
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Mexico’s Pemex announces giant oil discovery

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Mexican state-owned petroleum company Petróleos Mexicanos (Pemex) announced on Friday the discovery of the Sen field in Nacajuca, Tabasco, with 536 million barrels of oil equivalent. General Director of Pemex, Octavio Romero Oropeza, informed Mexican President, Andrés Manuel López Obrador that three other...
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Oil companies swap stakes in Mexico as government holds off on auctions

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(Reuters) - With Mexico’s government insisting that energy companies increase oil and gas output before it auctions off more of the country’s vast reserves or offers more partnerships with state-run Pemex, firms ranging from foreign majors to local players...
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Adjustment in policies, enabling business environment for Guyanese necessary – fmr. Jamaican PM

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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...
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Brazil + OPEC forever? Hold off on those wedding invites says Rystad Energy

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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...
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TT gas shortage chipping away at country’s industrial base

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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...
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Former Jamaica PM set to speak at dinner hosted by business chamber in Guyana

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  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...
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Brazil subsalt production-sharing fields to pump 3.9 million b/d by 2031: management company

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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...
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Guyana and Lindsayca/CH4 to arbitrate GtE contract dispute 

The Government of Guyana (GoG) and Lindsayca/CH4 (LNDCH4) in a statement today said it will proceed to arbitration over...

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