(Energy Analytics Institute, 1.Feb.2022) — Energy briefs including Venezuela’s income from foreign currency sales to the Central Bank of Venezuela (BCV) obtained from PDVSA reaching $3.292bn in 2021; and ExxonMobil...
(Frontera, 31.Jan.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX and joint venture partner of CGX in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced that the Joint Venture has...
(Energy Analytics Institute, 31.Jan.2022) — Energy briefs including EP PetroEcuador and Abastecedora Ecuatoriana de Combustibles S.A. (ABASTIBLES S.A.) signing a petroleum products contract; shares of Frontera Energy and CGX Energy...
(Energy Analytics Institute, 26.Jan.2022) — Highlights from the budget speech by Guyana’s Honourable Dr. Ashni K. Singh, M.P. Senior Minister in the Office of the President with Responsibility for Finance...
(Hess, 26.Jan.2022) — Hess Corporation (NYSE: HES) reported net income of $265mn, or $0.85 per share, in the fourth quarter of 2021, compared with a net loss of $97mn, or...
(Hess, 25.Jan.2022) — Hess Corporation (NYSE: HES) announced a 2022 Exploration & Production capital and exploratory budget of $2.6bn, of which approximately 80% will be allocated to Guyana and the Bakken. Net production is...
(Energy Analytics Institute, 24.Jan.2022) — Selected highlights from the virtual Caribbean Sustainable Energy Conference hosted by the Energy Chamber of Trinidad and Tobago from 24-26 January 2022 including presentations from...
(DPI, 24.Jan.2022) — His Excellency Dr Irfaan Ali today said that reaching Net-Zero emissions by 2050 is essential for the development of the region, but it would only be possible...
(Gold Port Corp., 20.Jan.2022) — Gold Port Corporation, (CSE: GPO) (OTCQB: GPOTF) announced that fabrication of a Discovery I Core Rig, by Multi-Power Products Ltd of Kelowna, B.C., has now been completed....
(Energy Analytics Institute, 19.Jan.2022) — Energy briefs including Brazil’s President Jair Bolsonaro visiting w/ his counterparts in Suriname and Guyana to discuss oil and gas matters; and Venezuela’s state oil...
(Proactive Investors, 19.Jan.2022) — Eco (Atlantic) Oil & Gas Ltd (AIM:ECO, TSX-V:EOG) increased its interest in JHI Associates Inc, a junior explorer offshore Guyana, which is partnered with Exxon in the...
(Reuters, 17.Jan.2022) — Brazilian President Jair Bolsonaro will visit Suriname and Guyana on Thursday and Friday for talks on economic cooperation following recent discoveries of oil and gas by Brazil's...
(Maersk, 14.Jan.2022) — TotalEnergies E&P Suriname, Suriname Branch has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to the work scope of...
(Energy Analytics Institute, 11.Jan.2022) — The CARICOM Secretariat located in Georgetown, Guyana signed a handover agreement to take charge of a solar photovoltaic power generation plant. The secretariat is set...
(Saipem 11.Jan.2022) — Saipem has been awarded two new offshore contracts in Australia and Guyana, for a total amount of 1.1 billion USD. Francesco Caio, CEO and General Manager of...
(Reuters, 11.Jan.2022) — Italian energy services group Saipem said on Tuesday it had won two offshore contracts in Australia and Guyana for a total amount of $1.1 billion. One of...
(World Bank, 11.Jan.2022) — Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt,...
(Energy Analytics Institute, 10.Jan.2022) — Energy briefs including Chile enacting the country’s first Energy Efficiency Law in its history; bp naming Andrés Guevara De la Vega as its new president...
(DPI, 7.Jan.2022) — The Government of Guyana (GoG), through the Ministry of Natural Resources (MNR) is requesting proposals from consultants and firms to review and evaluate the Field Development Plan...
(Energy Analytics Institute, 6.Jan.2022) — ExxonMobil Senior Vice President Michael G. Cousins commented on the company’s two most successful wells offshore Guyana in the Stabroek Block. “With the latest discovery...
(Hess, 5.Jan.2022) — Hess Corporation (NYSE: HES) announced two significant discoveries at the Fangtooth-1 and Lau Lau-1 wells on the Stabroek Block offshore Guyana. These discoveries will add to the block’s previously announced...
(Exxon, 5.Jan.2022) — ExxonMobil made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. The Fangtooth-1 well encountered approximately 164 feet (50 meters) of high-quality...
(DPI, 30.Dec.2021) — “We want to ensure that with this Bill, Guyanese reap the benefits from the oil and gas sector. This bill will help us to truly assess our...
(CMC, 29.Dec.2022) — ExxonMobil Guyana says 2021 has been a safe year for the oil company, noting that there had been many days across offshore operations without major incident. “The...
(DPI, 23.Dec.2021) — December 20, 2019, marked a new, historic era for Guyana and its people. It was the day when ExxonMobil began producing light sweet crude offshore Guyana in...
(DPI, 18.Dec.2021) — As part of the Local Content Bill, the government is proposing the establishment of a Local Content Register said to be developed and maintained by the Local...
(Reuters, 16.Dec.2021) — Guyana's government on Thursday delivered to the National Assembly the draft of a local content bill that will regulate its nascent oil industry, proposing requirements beginning at...
(Reuters, 16.Dec.2021) – Latin America’s oil frontiers are back in the spotlight with auctions coming up in Brazil, Guyana and the Andean region that are expected to attract bids from...
(CGX, 16.Dec.2021) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of and joint venture partner of CGX in the Petroleum Prospecting Licenses for...
(Energy Analytics Institute, 14.Dec.2021) — Energy briefs including EP PetroEcuador announcing it has sufficient fuel supplies at all its terminals despite transport issues impacting Ecuador’s two oil pipelines and one...
(Energy Analytics Institute, 13.Dec.2021) — Energy briefs including Ecuador’s gov’t declaring force majeure on 12 Dec. 2021 on oil exports due to erosion issues around the Piedra Fina River and...
(Energy Analytics Institute, 8.Dec.2021) — Energy briefs including Fitch Ratings affirming Frontera's IDR at 'B'; Orea Mining Corp. commencing preparation for a diamond drilling program at the Maripa Gold Project,...
(Exxon, 1.Dec.2021) — ExxonMobil has finalized corporate plans, which increase spending to $15bn on greenhouse gas emission-reduction projects over the next six years while maintaining disciplined capital investments in its...
(DPI, 17.Nov.2021) — Vice President, Dr. Bharrat Jagdeo said the government will complete the audits of costs claimed by ExxonMobil for its operations, and assured that Guyana’s interests will be...
(SBM, 17.Nov.2021) — SBM Offshore has been awarded contracts to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and Offloading vessel (FPSO) for the Yellowtail development...
(TechnipFMC, 15.Nov.2021) — TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a large(1) contract by Exxon Mobil Corporation (NYSE: XOM) affiliate, Esso Exploration and Production Guyana Limited, to supply the...
(Energy Analytics Institute, 8.Nov.2021) — According to the government of Guyana, the goal of their local content policy is to “maximize the level, quality, and benefits of participation in the...
(Energy Analytics Institute, 4.Nov.2021) — Energy briefs including plans by Ecopetrol S.A. to host its 3Q:21 conf. call; Venture Global LNG and China Petroleum & Chemical Corp. (Sinopec) inking two 20yr...
(Frontera Energy, 3.Nov.2021) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the third quarter ended 30 September 2021. All financial amounts in this news release are in United...
(Reuters, 2.Nov.2021) — Guyana plans to auction new blocks for offshore oil exploration by the third quarter of 2022, Vice President Bharrat Jagdeo said late on Monday. A consortium led...
(Reuters, 28.Oct.2021) — Guyana plans to meet an unprecedented growth expected in its power demand by building a new gas-fueled plant and expanding its hydropower capacity, a key step to...
(Energy Analytics Institute, 28.Oct.2021) — Energy briefs including Hess Corp. confirming that production from its Liza Phase 2 development in Guyana is on track to startup in early 2022; Avino...
(Hess, 27.Oct.2021) — At the Stabroek Block (Hess – 30%), the corporation’s net production from the Liza Field was 32,000 bopd in the third quarter of 2021 compared with 19,000...
(Energy Analytics Institute, 27.Oct.2021) — Energy briefs including the Liza Unity FPSO reaching Guyana’s prolific Stabroek Block; liquefied petroleum gas (LPG) reaching approximately 12mn users across Colombia; and more. LATIN...
(Energy Analytics Institute, 22.Oct.2021) — Energy briefs including Corporación Nacional del Cobre de Chile (Codelco) announcing final results of a previously announced offer to purchase for cash outstanding notes due...
(The Geological Society of Trinidad, 21.Oct.2021) — ExxonMobil recently announced that their recoverable oil and gas resources in Guyana had reached an unbelievable ten billion barrels of oil equivalent. The...
(Energy Analytics Institute, 21.Oct.2021) — Energy briefs including details of Guyana’s President Irfaan Ali courting investors in the UAE; the repercussions in Caracas from the extradition of Alex Saab to...
(Frontera, 20.Oct.2021) — Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX Energy Inc. (TSXV: OYL) and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne and...
(Bloomberg, 19.Oct.2021) — Guyana will likely become one of South America’s top oil producers over the next four years, but the world’s newest petrostate increasingly sees gas as the bedrock...
(Energy Analytics Institute, 15.Oct.2021) — Energy briefs including details of four renewable energy-exporting opportunities in the Caribbean in Barbados, Jamaica, Trinidad and Tobago and Guyana; TotalEnergies extending the contract for...
(Energy Analytics Institute, 14.Oct.2021) — Energy briefs including comments from a webcast hosted by the ACIPET spanning speakers such as ANH head Armando Zamora as well as ANH’s José de...
(Trinidad Guardian, 7.Oct.2021) — The United Independent Petroleum Marketing Company Limited (Unipet) has announced plans to build a US$4.9 million multi-purpose fuel station in Guyana. According to Unipet it is...
(ExxonMobil, 7.Oct.2021) — ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels. The updated resource estimate includes a...
(Hess, 7.Oct.2021) — Hess Corporation (NYSE: HES) announced an increase in the gross discovered recoverable resource estimate for the Stabroek Block offshore Guyana to approximately 10 billion barrels of oil equivalent,...
(News America, 5.Oct.2021) — This year, the world has become increasingly aware of a global energy shortage as well as the irreversible damages of climate change. Throughout Europe, gas prices...
(DPI, 4.Oct.2021) — The Guyana Pavilion at the greatest international mega event – Expo 2020 Dubai – has seen scores of people from across the globe already showing their interest...
(Stabroek News, 15.Sep.2021) — Already coming out with the best responsive bid during evaluation for the one-year contract to market Guyana’s oil, Saudi Arabian company, Aramco Trading Limited, was also...
(Caricom.org, 14.Sep.2021) — The Caribbean Community (CARICOM) has taken note of the round of negotiations in Mexico and mediated by Norway between representatives of the Government of the Bolivarian Republic...
(Keppel, 9.Sep.2021) — Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd delivered the Liza Unity, a mega Floating Production Storage and Offloading vessel (FPSO), to SBM Offshore...
(ExxonMobil, 9.Sep.2021) — ExxonMobil made a discovery at Pinktail in the Stabroek Block offshore Guyana. The Pinktail well encountered 220 feet (67 meters) of net pay in high quality hydrocarbon...
(Hess, 9.Sep.2021) — Hess Corporation (NYSE: HES) announced another oil discovery on the Stabroek Block offshore Guyana at Pinktail. The Pinktail well encountered 220 feet (67 meters) of net pay...
(Reuters, 7.Sep.2021) — Guyana awarded a unit of Saudi Aramco a tender to purchase a portion of the country's oil production, and the two parties will likely enter into a...
(Energy Analytics Institute, 2.Sep.2021) — Energy briefs from the Latin America and Caribbean region including: ExxonMobil progressing its Payara project in Guyana for start-up in 2024 and Japan’s Inpex divesting...
(Eco Atlantic, 31.Aug.2021) — Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX‐V: EOG) announced its results for the three months ended 30 June 2021, alongside a corporate and operational...
(Eco Atlantic, 31.Aug.2021) — Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX‐V: EOG) announced that the Sapote-1 well on the Canje Block, offshore Guyana has been spudded. Eco was...
(AAPG, 31.Aug.2021) — AAPG’s Latin America and Caribbean Region invites you to the 2021 "Caribbean Technical Symposium and E&P Summit: Recent Activity and Exploration Opportunities" to be held virtually on...
(C2 Communications, 27.Aug.2021) — C2 Communications, a national award-winning public relations and marketing firm, has partnered with Excel Guyana, Inc. to raise awareness of the diverse business growth opportunities, infrastructure improvements...
(Gold Port, 26.Aug.2021) — Gold Port Corporation (CSE: GPO) (OTCQB: GPOTF) is providing a corporate update. The Discovery 1 Core Rig ordered from Multi-Power Products Inc., of Kelowna, British Columbia,...
(Energy Analytics Institute, 23.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina awaiting arrival of two LNG tankers, Guyana’s oil output, and Trinidad and Tobago’s strategic...
(Frontera, 23.Aug.2021) — Frontera Energy Corporation (TSX: FEC) announced the spudding of the Kawa-1 exploration well, offshore Guyana. CGX Energy Inc. (TSXV: OYL), Frontera majority-owned subsidiary, and its joint venture...
(Energy Analytics Institute, 21.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina pondering its allocation of energy subsidies, Ecopetrol closing on an earlier announced $3.7bn ISA...
(DPI, 19.Aug.2021) — Recognising the vast potential of Guyana and Suriname’s oil and gas sectors, their Excellencies Dr. Mohamed Irfaan Ali and Chandrikapersad Santokhi have indicated that the two countries...
(Reuters, 19.Aug.2021) — The world's newest oil-producing nations grabbed the spotlight at this week's Offshore Technology Conference with ambitious plans to tap oil and gas discoveries in a race against...
(The Guardian, 19.Aug.2021) — ExxonMobil’s huge new Guyana project faces charges of a disregard for safety from experts who claim the company has failed to adequately prepare for possible disaster,...
(S&P Global, 19.Aug.2021) — The presidents of Guyana and Suriname said Aug. 19 their countries will craft a joint strategy to develop their natural gas reserves to fuel their economic...