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...
(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...
(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...
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...
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...
Brazil urgently needs investment in offshore pipelines and onshore processing facilities to develop its offshore gas resources, according to Wood Mackenzie.
The consultant expects the country to deliver close to 5 MMb/d of oil in the late 2020s, with more...
Staatsolie Maatschappij Suriname N.V. and Trinidad and Tobago’s Decker Petroleum Marketing Co. LTD, have signed a production sharing contract for the Nickerie block.
Decker will explore the Nickerie block for oil and gas. The duration of the contract, signed on...
Oil production in the US Gulf of Mexico (GoM) is poised to set new records in the imminent future, according to Rystad Energy.
Thanks to an impressive sprint, Royal Dutch Shell has started producing oil and gas at its Appomattox...
(S&P Global Platts) Brazilian state-led oil and natural gas producer Petrobras set fresh daily and monthly records for output from ultra-deepwater fields in the country's offshore subsalt frontier in April and May, capping a 10-year run since first oil...
(CMC) — The Government of Trinidad and Tobago on Wednesday signed a new energy agreement with Shell at the energy company's headquarters in Netherlands.
Prime Minister Dr Keith Rowley joined Ben van Beurden, Chief Executive Officer of Royal Dutch Shell...
