Citgo Drama Continues as Court-ordered Sale Date Nears
The fate of Venezuela’s U.S. refining arm Citgo Petroleum is closer to reaching a theatrical climax as a court ordered sale date approaches.
Pitts: Has US Policy Toward Venezuela Already Failed?
As Chinese and Venezuelan relations grow closer, the U.S. scrambles to salvage its failed sanctions strategy against President Nicolás Maduro.
Venezuela, Trinidad Sign Deal to Promote Energy Projects
The governments of Venezuela and Trinidad and Tobago signed an inter-institutional agreement related to joint hydrocarbon projects and bilateral trade between the countries.
How Carbon-neutral LNG Descended into a ‘Shadow Market’
Carbon-neutral LNG is here to stay, an oil and gas analyst at the King Abdullah Petroleum Studies & Research Center said at the World Petroleum Congress, but first the industry must repair its shady reputation.
Guyana’s Local Content Act Yet to Negatively Impact IOCs
The Guyanese government anticipates its petroleum sector will need at least 150,000 skilled laborers over the next two to five years to meet this demand.
E&P Highlights: Sept. 18, 2023
Here’s a roundup of the latest E&P headlines, including an awarding of blocks from Lease Sale 259 and the start of production from a new well.
Shell Greenlights Development of Trinidad's Manatee Offshore Gas Field
The Manatee field is part of the cross-border Loran-Manatee discovery, shared by Trinidad and Venezuela.
TotalEnergies, APA Eye $9B FID in Suriname’s Block 58
TotalEnergies and APA Corp. have launched development studies offshore Suriname in Block 58 and eye the start of detailed engineering studies by end 2023 and a $9 billion FID by year-end 2024.
Guyana’s Gas-to-energy Project Startup Expected in 2024
Guyana’s gas-to-energy project is on track to start-up in 2024, according to details revealed by the South American country’s government.
What's Affecting Oil Prices This Week? (Sept. 11, 2023)
The extension of the supply cuts from OPEC+ have overcome concerns about global oil demand and to push price of Brent crude above $90 for the first time since November 2022.