(MEEI, 8.Dec.2021) — On Wednesday 8 December 2021, Minister of Energy and Energy Industries and Minister in the Office of the Prime Minister the Honourable […]
Tag: IHS Markit
Guyana’s VP Jagdeo Says Oil Audits Will Be Completed
(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 […]
Suriname Latest Big Oil Find As Industry Cuts Costs
(The New York Times, 20.Jan.2021) — The small South American country has become a hot prospect for oil companies looking to produce fossil fuels while […]
The Oil Industry Is Stuck in Virus Alley
(IHS Markit, 29.Dec.2020) — Prices won’t break out of the $40 to $50 range until consumption gets back to normal sometime next year. When will […]
Venezuela Faces Possibility Oil Output Drops To Zero
(Oilprice.com, 1.Sep.2020) — Venezuela once considered one of Latin America’s prosperous countries has plunged into the abyss. Years of economic mismanagement, cronyism and corruption have […]
New Players Emerge In Venezuela Amid Sanctions
(AP, 13.Jul.2020) — As U.S. sanctions scare away the world’s largest shippers from Venezuela’s oil industry, new players are willing to brave the heightened risks […]
Global LNG Demand Resilient Amid COVID-19
(IHSMarkit, 30.Apr.2020) — The COVID19 pandemic has led to lockdowns across the globe and severe downgrades for short-term macroeconomic indicators. A major re-evaluation is needed […]
OPIS Mexico Fuel Week Opens Registration
(OPIS, 28.Aug.2019) — OPIS (Oil Price Information Service) by IHS Markit has opened registration for the third annual OPIS Mexico Fuel Week, October 21-24, 2019. […]
Venezuela’s Oil Output Collapse: IHS Markit
(Ford Tanner, 23.Jul.2019) — Venezuela’s political crisis remains in stalemate. Escalating oil-sector sanctions imposed by the United States have contributed to massive declines in crude […]
This New Oil Hotspot Is Replacing Venezuelan Crude
(Oilprice.com, Tsvetana Paraskova, 15.Apr.2019) — The U.S. sanctions on Venezuela’s oil industry have tightened the global heavy to medium crude oil market, sending oil buyers […]