Oil Trading

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…

9 months 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…

9 months 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…

9 months 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,…

10 months ago

Unlocking Hungary’s Potential: From Fossil Fuels to Geothermal Energy

In 1992, Hungary's transformation began as it opened to international investment, leading to the establishment of a geological office in…

10 months ago

Decoding the Golden Lane: Seismic Breakthroughs in Guyana

In May 2015, the Liza-1 well discovery by ExxonMobil in offshore Guyana transformed the energy landscape, confirming a thriving petroleum…

10 months ago