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Malaria surges back in crisis-hit Venezuela

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El Tucuco (Venezuela) (AFP) - The sweltering heat of the Venezuelan forest makes no difference to Jose Gregorio, who trembles with a cold chill. "I have pain everywhere, fever," he stammers. Gregorio has the classic symptoms of malaria, a disease...
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Venezuela: from a bright future to an economic disaster in 20 years

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Venezuela enjoys the largest proven oil reserves in the world. According to OPEC’s 2018 Annual Statistical Bulletin, some of Venezuela’s natural resources include gas, iron, gold, bauxite, and diamonds. Its economy, however, is spiraling downward with no end in...
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Venezuela’s June oil exports recover to over 1 million bpd: data

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(Reuters) - Venezuela’s oil exports recovered in June from a sharp drop the month before, helped by increased deliveries to China, which is now state-run oil firm PDVSA’s primary destination for its crude, according to company records and Refinitiv...
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Jamaica government urged to get out of the refinery business

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A review committee appointed by Jamaica’s Prime Minister, Andrew Holness, is recommending that the government of the Caribbean island nation get out of the refinery business and instead hand it over to the private sector. According to a June 27...
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Chevron has been in Venezuela for nearly 100 years; it could finally be forced to leave

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(CNN Business) Chevron's nearly century-long relationship with Venezuela might not survive the Maduro regime's fight with the United States. Not only is Venezuela's infrastructure crumbling, but the OPEC member's national oil company has been sanctioned by the Trump administration. Chevron...
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Venezuela reportedly gives Russia control of gas deposits near TT

OilNOW -
This week, Nicolás Maduro gave two new gas deposits to Russia, offering up 100% of the project and all gas rights exploited, according to a report on online news service Panam Post. The report, published on June 14, said...
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Petrobras, SBM sign LOI for Mero 2 FPSO

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(Oil & Gas Journal) Petroleo Brasileiro SA (Petrobras) signed a letter of intent with SBM Offshore for a 22.5-year lease and operation of the Mero 2 floating production, storage, and offloading vessel to be installed on giant Mero oil field in the...
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Trinidad moves past Venezuela to tap border gas

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(Argus) Trinidad and Tobago has cleared Shell to develop the country's side of a shallow-water natural gas field that straddles the maritime border with Venezuela, Prime Minister Keith Rowley said. The move indicates Trinidad's "impatience" with Venezuela's delay in agreeing...
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Guyana just months away from adding to South America’s O&G supply

OilNOW -
Guyana will begin producing oil within months at a modest peak rate of 120,000 barrels per day but with a rapid acceleration that will see production ballooning to almost 1 million bpd by the mid-2020s, adding to the South...
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US oil output poised to set yet another record in 2019 – Rystad Energy

OilNOW -
US oil production keeps accelerating towards new highs. New records are expected both when the final numbers for May emerge and at the end of the year. Rystad Energy is raising its forecast for US crude output to 13.4 million...
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BOMESC secures contract for Suriname’s first deepwater FPSO topside modules

BOMESC Offshore Engineering Company Limited has signed a contract with STS VOF to construct topside modules for Suriname’s first...

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