The Energy Chamber of Trinidad and Tobago is getting ready to host the second Guyana Safety Forum set to take place on the outskirts of Georgetown on Wednesday, October 16 at the Arthur Chung Conference Centre.
Under the theme “Building...
US crude exports could grow from current levels of 2.9 million barrels per day (bpd) to nearly 6 million bpd by 2022, according to a new forecast from Rystad Energy.
With US production expected to increase by 1.2 million bpd...
From the Dutch-speaking shores of Suriname to the island nations in the Caribbean Sea, mega oil discoveries in Guyana is fueling renewed hope for crude across the region.
Norway-based Rystad Energy says the industry has high hopes after the prolific...
Speaking after Brazil's Licensing Round 16 on Thursday, Juliana Miguez, from Wood Mackenzie’s Latin America upstream, said the round has set a record – the BRL 8.9 billion (US$2.2 billion) - in signature bonuses, the highest yet for a...
BP Trinidad and Tobago LLC (BPTT) has submitted a bid to the country’s Ministry of Energy and Energy Industries (MEEI) for a commercial scale solar power project with partners, LightSource BP and Shell.
In a news update published on October 4, Trinidad and...
Flaring and venting in the Permian Basin has stabilized in the range of 600 million to 650 million cubic feet per day (MMcfd), according to Rystad Energy’s preliminary data for the third quarter of 2019.
Venting is gas release without...
(Reuters) - Suriname’s state-owned oil firm said on Friday it had signed a production-sharing agreement for the onshore Weg Naar Zee (WNZ) block with Britain-based oil and gas exploration company Columbus Energy Resources.
In a statement, the company, Staatsolie Maatschappij...
US supermajor Chevron said on Friday it signed an agreement with Royal Dutch Shell to buy a 40% stake in three deepwater blocks on the Mexican Gulf.
The deal which was approved earlier this week by Mexico’s oil regulator, the...
US independent Apache has spud a wildcat on Suriname’s Block 58, probing a prospect considered to be closely on-trend with one of 14 discoveries made by US oil major ExxonMobil in neighbouring Guyana.
According to an October 4 report from...
As the mainstay industry withers, thieves take equipment, materials and the liquid itself
(Bloomberg) The men step out of the van and act fast. As one stands guard, the others approach an oil pump and remove filler plugs. They drain...
