oil

Exxon Mobil and Hess Corp. said Wednesday they’ve made their seventh oil discovery in the developing offshore fields of Guyana in northeastern South America. The find at the new Pacora-1 exploration represents the continuation of emerging oil development off the coast of the Latin American country, which is immediately east of Venezuela, where political and […]

Guyana is considering the Trinidad and Tobago model of the Electronic Single Window (ESW) to fast-track the processing of imports and exports instead of waiting days, under a project being facilitated by the Inter-American Development Bank (IDB). With financing from South Korea, the hemispheric bank on Wednesday brought together stakeholders from the Ministry of Foreign […]

Total said that it has expanded its footprint in South America by investment in offshore blocks near Guyana, according to a new report by UPI. The contracts, which the French company recently signed, will give it a non-controlling stake in the Canje, Kanuku, and Orinduik offshore blocks. “Total is very pleased with this significant entry in the […]

KINGSTON (Reuters) – The United States, Mexico and Canada are already studying how to mitigate the impact on the Caribbean and oil refiners if the U.S. decides to sanction Venezuelan oil, Secretary of State Rex Tillerson said on Wednesday. Speaking en route between Colombia and Jamaica, his final stop on a tour of Latin America, […]


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