CARACAS, VENEZUELA (By Piero Stewart, Energy Analytics Institute, 11.Aug.2026, Words: 360) — Cobre Panamá remains in a phase of preservation and safe management (“P&SM”) with production halted.
RELATED: FRANCO-NEVADA 2Q:26 RESULTS BENEFITED FROM ROBUST METAL AND OIL PRICES
(Energy Analytics Institute, Jared Yamin, 20.Mar.2015) – Venezuela plans to continue defending a strategy within OPEC that favors higher oil prices versus a strategy based on volumetric production, reported Venezuelan state new agency AVN, citing Venezuela’s Oil Minister Asdrúbal Chávez. There are around 2 million barrels of excess oil on […]
(Trinidad and Tobago Newsday, 14.Dec.2021) — Despite volume increases in multiple fields, the 2020 Ryder Scott audit revealed on Tuesday that there was a decline in recoverable gas in TT. The report, explained by Ryder Scott vice president Herman Acuna, revealed that 56 per cent of volume replacement in proven […]
(Exxon Mobil, 14.Nov.2023) — ExxonMobil started production today at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximately 620,000 barrels per day. Highlights: Company’s third FPSO, Prosperity, starts up ahead of schedule and will add 220,000 barrels of oil per day […]