Regional

Venezuela fuel shortages get worse as tanker staff flee

(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...

Trinidad presses dual gas supply from Venezuela

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,...

Guyana submits Memorial on Jurisdiction to ICJ in Venezuela border case

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...

US support shows all parties now consider Venezuelan claim “unacceptable and fabricated”- Greenidge

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...

Guyana prepared for submission on ICJ jurisdiction in border case -Greenidge

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...

TT Opposition Leader set to deliver oil and gas speech in Guyana

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...

Trump amps up Venezuelan crackdown, sanctions gold exports with executive order

(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...

ExxonMobil holds more acreage in Brazil than any other company

In September 2017, ExxonMobil had interest in just two offshore blocks in Brazil, totaling slightly more than 161,000 net acres. Fast forward one year later: the company now has interest in 26 deepwater blocks across five basins, covering an area nearly...

Venezuela running out of fuel, PdV suspends supply

(Argus) Venezuelan state-owned PdV has nearly exhausted its motor fuel stocks, forcing up to 80pc of the country's more than 2,700 service stations nationwide to suspend sales until further notice, according to four senior officials with the federation of...

Petrobras-led group drills first well in Peroba subsalt area

A consortium of Petrobras, BP Energy and CNPC has started drilling its first well in the offshore Brazil Peroba subsalt area, Petrobras said Friday. According to an S&P Global Platts report, the group acquired the area during Brazil's third subsalt...

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Staatsolie invites companies to join 2026 Blue Wave supplier program

Staatsolie is calling on Surinamese businesses to participate in the 2026 edition of its Blue Wave Supplier Development Program,...