Oil Trading

Oil Wealth Management: Guyana and Suriname’s Strategies

The 2016 PSC for Guyana's Stabroek Block faces criticism for favoring IOCs, offering low royalties and minimal taxes, yet has…

3 weeks ago

Guyana’s Oil Boom: Transforming the Nation (2015-2025)

From 2015 to 2025, Guyana transformed into a leading oil province following ExxonMobil's Liza discovery, resulting in significant offshore oil…

3 weeks ago

TotalEnergies’ Strategic Move in Suriname’s Block 58

In December 2019, TotalEnergies entered offshore Suriname’s Block 58 after Apache’s Maka Central-1 discovery revealed significant oil potential. The supermajor…

3 weeks ago

Suriname’s Oil Boom: The Journey of Block 58

Block 58 in offshore Suriname, initially marked by uncertainty after Apache's CEO resignation in 2019, gained momentum with a landmark…

3 weeks ago

Exploring the Porcellanite Clue in Araku-1

The Araku-1 well, drilled in 2017 off Suriname, was deemed a dry hole, but a porcellanite interval showed oil signs,…

4 weeks ago