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Brazil to stay out of OPEC to make the most of...

(Bloomberg) Brazil, which became a net oil exporter last year, wants to expand its footprint in global energy markets without joining OPEC. The South American...

Companies investing big in South America’s massive offshore oil fields –...

Large sums of monies are being invested in bringing massive oil fields in Guyana and Brazil to development which will help to add significant...

South America leads for planned and announced FPSOs

South America has the highest number of planned and announced floating production storage and offloading (FPSO) additions globally between 2019 and 2025, with 27...

Bolivia crisis hits Shell, Total and Repsol

(Bloomberg) -- Natural gas exploration by global oil companies in Bolivia, key to growing the country’s sagging economy, has stopped amid an escalating political...

Major oil find excites southern Caribbean

(Amsterdam News) U.S. supermajor ExxonMobil announced two major oil finds offshore Guyana in the past week, and the discovery has raised the hopes for...

In South America ExxonMobil’s success makes Guyana-Suriname Basin second only to...

Following the recent Hammerhead-1 discovery by ExxonMobil in the Stabroek block in Guyana, Adrian Lara, Senior Oil and Gas Analyst at GlobalData, a leading data...

Guyana expected to play key role in South America’s petroleum output...

South America’s oil and gas output is expected to stay rather flat over the next five years, increasing to around 11.7 million barrels of...

S/America’s O&G output flat until 2023; Guyana seen as new supply...

Crude oil and natural gas production in South America is likely to remain fairly flat over the next five years, slightly increasing to roughly 11.7...