PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 11.Jan.2026, Words: 278) — Despite Venezuela’s claim to fame that it holds the world’s largest oil reserves, the South American country has long been forced to import refined products.
This, as its 6 domestic refineries, with a nameplate capacity to process 1,303,000 barrels per day (b/d), can’t meet local demand.
(IB Times, Palash Ghosh, 4.Dec.2019) — Ahead of this week’s meeting of the Organization of the Petroleum Exporting Countries in Vienna, the tiny South American […]
HOUSTON, TEXAS (Editors at Energy Analytics Institute and Arko International, 18.Jun.2025, Words: 1,200) — Suriname — a small Caribbean country on South America’s northeastern coast […]
(Energy Analytics Institute, Piero Stewart, 6.Jun.2019) — EP PetroEcuador awarded for export 3,960,000 barrels of Oriente crude oil of 24-degree API plus/minus 5% to Tesoro […]