Oil major Royal Dutch Shell Plc won half the blocks awarded in Brazil’s deepwater oil auction on Friday, while rival BP took two blocks and Exxon Mobil Corp one in a historic opening of the pre-salt play to foreign...

Global Petroleum Group (GPG) has conducted a search for oil and gas offshore the Caribbean island of Grenada, raising hopes among the population of just over 107,000, that confirmation of a big discovery could be imminent. The New Today reports...

(Energy Business Review) The US Interior Department (DOI) has announced plans to offer 76.9 million acres in federal waters of the Gulf of Mexico, offshore Texas, Louisiana, Mississippi, Alabama and Florida in lease sale for oil and gas exploration...

Guyana’s Minister of Natural Resources, Raphael Trotman, says he is excited by the interest being shown by foreign companies looking to tap into the prospects of the country’s oil and gas sector. He made specific mention of US supermajor, Chevron,...

(Reuters) - Mexico’s oil regulator will likely add another auction in 2018 featuring conventional onshore oil and gas blocks, the head of the National Hydrocarbons Commission (CNH) said on Thursday, potentially teeing up a third tender in an election...

For centuries, the productive pillars of the Guyana economy have been agriculture, fishing, mining and forestry. Then, in recent decades, we saw efforts at diversification with bold steps taken to develop the services sector with tourism and information and...

(Reuters) Tullow Oil has signed four production-sharing contracts in Ivory Coast with an initial investment of $21 million, an Ivorian government spokesman said on Wednesday. The contracts, which include a 10 percent share for state oil company Petroci, span exploration...

A fifth oil discovery announced last week by ExxonMobil off the Guyana coast has further increased expectations that similar play could be expected in neighbouring Suriname as Tullow Oil farms into the Araku prospect on Block 54. Already, a 3D...

The natural gas industry is a major contributor to the GDP of many countries. It is by nature large-scale, employing thousands, generating millions of dollars in associated revenues and tax income, as natural gas has to be extracted from...

Ground Structures Engineering Consultants (GSEC), a Guyanese firm specializing in geotechnical engineering and environmental services, will soon open the doors to its new state-of-the-art 10,000 sq. building housing offices and a soils and material laboratory. GSEC is in a partnership...