Latest Stories

Ongoing shifts in Venezuela’s relationships with Russia, Iran

29 September 2022

Russia’s entry into the ranks of countries sanctioned by the US appears to be damaging ties with Venezuela – and giving Venezuela reasons to expand its existing co-operation with Iran.

NGC signs deal with bpTT on domestic gas supplies

29 September 2022

National Gas Co. of Trinidad and Tobago Ltd (NGC) announced that it had finalised a “milestone” gas supply agreement with BP Trinidad and Tobago (bpTT), a subsidiary of BP (UK), on September 23.

Report: Swiss trader now handling majority of Venezuelan petcoke exports

29 September 2022

Geneva-based Maroil Trading has assumed responsibility for the majority of Venezuela’s petroleum coke exports, according to documents and sources close to the matter cited by Reuters.

Report says Russian gas supplies to Europe via TurkStream now endangered

29 September 2022

Gazprom unit that operates pipeline said to be withdrawing all technical support.

Lula wants Petrobras to expand refining operations, says top oil and gas advisor

29 September 2022

Luiz Inacio Lula da Silva, the leading candidate in Brazil’s upcoming presidential election, will expand the refining arm of the national oil company Petrobras if he wins the vote on October 2.

Petrobras preparing new business plan

29 September 2022

Brazil’s national oil company Petrobras will unveil a new strategic business development plan in November, according to Salvador Dahan, the state-owned firm’s executive director of governance.

ExxonMobil reportedly still undecided about bidding for more blocks offshore Guyana

29 September 2022

ExxonMobil has not yet decided whether it will bid for additional blocks of the coast of Guyana.

Equinor likely to make FID on Pão de Açúcar “soon,” company executive says

29 September 2022

Norway’s Equinor will soon make a decision on moving ahead with the development of Pão de Açúcar, a large gas and condensate field at Block BM-C-33 in the Campos basin offshore Brazil.