Regional

Brazilian investors looking to farm into O&G opportunities in Guyana

Guyana’s Minister of State, Joseph Harmon, on Thursday, met with a delegation of Brazilian investors who are in Guyana to explore areas of investment in the country’s emerging oil and gas sector. The meeting took place at the Minister...

Guyana, Chile to step up cooperation on energy

A Statement of Intent for cooperation on energy was on Thursday signed between the Governments of Guyana and Chile.  The signing between Guyanese Foreign Affairs Minister Carl Greenidge and Ambassador and Under Secretary of Chile’s Foreign Affairs Ministry, Alfonso...

Guyana legal team preparing for next submission at ICJ as court considers matter of jurisdiction

The International Court of Justice (ICJ), as part of a formal process in the first stage of proceedings, will study the question of jurisdiction regarding the Guyana-Venezuela border controversy case currently engaging its attention. The oil-producing nation of Venezuela announced...

Pence urges Latin American countries to isolate Venezuela

(Reuters) - U.S. Vice President Mike Pence urged Latin American countries on Thursday to help isolate crisis-stricken Venezuela, an ideological adversary of Washington that is struggling under a severe and prolonged economic crisis. Pence met with Ecuadorean President Lenin Moreno...

EIA says U.S. imports of Venezuelan crude oil at lowest levels since 1993

The U.S. Energy Information Administration (EIA) reported that as of the first quarter of 2018, U.S. imports of crude oil from Venezuela reached their lowest levels since January 1993. The report said that Venezuela’s crude oil exports to the United...

Kosmos Energy plugs, abandons Anapai after failing to find hydrocarbons

Kosmos Energy (NYSE: KOS) (LSE: KOS) said Tuesday that drilling at the Anapai-1A exploration well located in Block 45 offshore Suriname has failed to find any hydrocarbons. Anapai-1A was drilled to a total depth of 4,556 meters and was designed to...

Venezuela says it will not participate in ICJ proceedings

Venezuela made it known on Monday that it will not be taking part in the proceedings at the International Court of Justice initiated by Guyana over a border controversy spanning several decades. A Communique issued by the Venezuelan government states...

Uruguay and oil hopes: a permanent bidding round scheme, after failure of latest auction

(MercoPress) Uruguay will move towards a permanent offer process for offshore oil blocks as other Latin American countries have done, after an April auction failed to attract bids, Industry, Energy and Mining Minister Carolina Cosse said in an interview. Uruguay...

St Vincent feeling squeeze of US sanctions on Venezuela

(CMC) — Prime Minister Ralph Gonsalves says he has received no indication that the State-owned oil and natural gas company, Petróleos de Venezuela (PDVSA) in Venezuela has suspended fuel shipments to St Vincent and the Grenadines under the PetroCaribe agreement. He,...

Guyana at heart of regional deep water province – Ramnarine

In what is being described as the emergence of a regional deep water province, former Trinidad and Tobago Minister of Energy and Energy Affairs, Kevin Ramnarine, believes that Guyana lies at the heart of this petroleum-rich geological system. After Tullow...

Latest News

ExxonMobil Guyana to release 2023 financials in a month – Routledge

ExxonMobil will release a report on the 2023 financial results of its Guyana affiliate in a month, its Guyana...