Considering the election of a new management team appointed by CEO Jean Paul Prates and the preliminary analysis, the ministry requested the firm to take "the necessary measures for a better evaluation of the issue."
The Trinidad and Tobago Manatee field is planned to start production in 2027.
With the offshore drilling market on a positive upswing, rig companies are trying to meet demand while adding the latest bells and whistles to their fleets.
Colombia state energy giant Ecopetrol has appointed COO Alberto Consuegra Granger as interim CEO, effective April 1, to replace Felipe Bayón Pardo who steps down on March 31.
Argentina looks to restart oil exports to Chile along the Trasandino Argentina SA (OTASA) oil pipeline over the next three to four months, Aleph Energy Managing Director Daniel Dreizzen told Hart Energy on the sidelines of CERAWeek by S&P Global.
Venezuela’s President Nicolás Maduro tapped PDVSA President Pedro Rafael Tellechea Ruiz as the OPEC country’s new petroleum minister to replace Tareck El Aissami.
In this Hart Energy Live exclusive interview, we're speaking with Meg Gentle, executive director at HIF Global, a company pursuing opportunities in synthetic fuels made using renewable power.
Venezuela’s petroleum minister, Tareck El Aissami, resigned his position, citing plans to assist in the investigative process regarding corruption at state-owned PDVSA.
Trinidad and Tobago’s Minister of Energy and Energy Industries Stuart Young spoke with Hart Energy at CERAWeek by S&P Global on gas production and bid rounds, flared gas and Atlantic LNG.
Trinidad and Tobago’s Energy Industries Minister Stuart R. Young led a delegation to Caracas and signed a confidentiality agreement with state-owned PDVSA regarding commercialization of gas from the Dragon field, part of the Mariscal Sucre offshore project.