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Brazilian regulator IBAMA denies Total license for offshore drilling

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Brazilian federal environmental regulator IBAMA has denied French oil company Total a license to drill in the environmentally sensitive Foz do Amazonas Basin, accusing the company of failing to submit documents and complete impact studies despite several requests. The discovery...
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U.S. expected to end 2018 as world’s top oil producer: EIA

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(Reuters) - U.S. crude oil output growth was expected to slow slightly for this year compared with previous forecasts, the Energy Information Administration said on Tuesday, but at a record 10.88 million barrels per day, the nation will end...
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Guyana on track to produce 1 million bpd; could eventually surpass Venezuela/Mexico – WoodMac

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Oil and gas industry analyst Wood Mackenzie says Guyana could surpass Venezuela and Mexico in its oil production thanks to ExxonMobil’s run of success in oil exploration and noted that the country is on the path to becoming a...
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Venezuela fuel shortages get worse as tanker staff flee

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(Bloomberg) Venezuela’s fuel shortages are worsening as mass resignations at the state oil company’s tanker fleet have delayed gasoline shipments. Petroleos de Venezuela SA’s refineries are running at less than a quarter of their capacity, forcing the country to rely on imported gasoline. Once...
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Trinidad presses dual gas supply from Venezuela

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Venezuela, Trinidad and Tobago and oil majors Chevron and Shell appear to be making progress on two separate projects that would develop and supply offshore natural gas, Argus said in a report on Monday. Venezuelan gas supply is critical for Trinidad,...
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Guyana submits Memorial on Jurisdiction to ICJ in Venezuela border case

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Guyana has submitted its Memorial on Jurisdiction in the case brought against the Bolivarian Republic of Venezuela to confirm, in a final and binding judgment, the full legal validity of the arbitral award that established the international boundary between...
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US support shows all parties now consider Venezuelan claim “unacceptable and fabricated”- Greenidge

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Guyana’s Foreign Affairs Minister Carl Greenidge has described as significant, the decision taken by the United States of America to stand behind Guyana on the controversy with neighbouring Venezuela. At a farewell reception for US Ambassador Perry Holloway on Friday...
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Guyana prepared for submission on ICJ jurisdiction in border case -Greenidge

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The lawyers representing Guyana in the case against Venezuela before the International Court of Justice have prepared the memorial and are ready to make their submission on November 19. This was confirmed by Guyana’s Foreign Affairs Minister Carl Greenidge who...
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TT Opposition Leader set to deliver oil and gas speech in Guyana

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Trinidad and Tobago’s Leader of the Opposition and Political Leader of the United National Congress (UNC) Mrs Kamla Persad Bissessar will be the feature speaker at the 23rd Awards Presentation and Dinner hosted by the Guyana Manufacturing & Services...
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Trump amps up Venezuelan crackdown, sanctions gold exports with executive order

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(Fox News) US President Donald Trump is continuing to put pressure on the government of Venezuela’s leftist President Nicolas Maduro, introducing a new round of sanctions designed to further rattle the embattled South American country’s oil exports. Trump’s National Security...
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Suriname team tours Guyana’s FPSO simulator unit as oil development advances

SBM Offshore Guyana hosted a Local Content taskforce from Staatsolie, Suriname’s national oil company, at the Facility Simulator (FacTor)...

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