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…

11 months 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…

11 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…

11 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…

11 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,…

11 months ago