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CGX Energy and Frontera Energy’s joint venture has disputed the Government of Guyana’s termination of their Petroleum Agreement and Prospecting License for the Corentyne block. They believe their interests remain …
CGX and Frontera Energy Dispute Termination of Corentyne Block License by Guyana Government Read More
Guyana’s government has terminated the Frontera-CGX joint venture’s oil prospecting license for the Corentyne block, anticipated after a prior warning. ExxonMobil’s control over the country’s oil resources strengthens, as they …
Guyana Terminates Frontera-CGX Joint Venture, Strengthening Exxon’s Dominance Read More
Argentina’s president Javier Milei has implemented austerity measures that led to decreased inflation and economic recovery. Significant investments in the Vaca Muerta shale have surged oil production, positioning Argentina as …
Argentina’s Vaca Muerta Fuels Oil Production Surge Amid Economic Reforms Read More
Pietro Mendes has been nominated for a new term as chairman of Petrobras by the Brazilian government. Shareholders will vote on this nomination during a meeting scheduled for April 16. …
Brazil Nominates Pietro Mendes for New Term as Petrobras Chairman Read More
ExxonMobil may return two offshore concessions in Brazil to regulatory authorities. This move reflects the scrutiny faced in the oil and gas sector. Bnamericas offers comprehensive market information, including access …
ExxonMobil’s Offshore Concessions in Brazil Under Regulatory Review Read More
AbraSilver Resource Corp. announced promising results from its phase four drill program at the Diablillos project in Argentina, revealing high-grade silver and gold mineralization. Plans for further exploration aim to …
Encouraging Drill Results from AbraSilver’s Diablillos Project in Argentina Read More
Connected Minerals has appointed Hammerstein Drilling for a maiden drilling program at its Etango North-East and Swakopmund projects in Namibia. The program, commencing in April, will involve 33 holes totaling …
Connected Minerals Appoints Hammerstein Drilling for New Exploration Program Read More
Petrobras has received environmental approval to clear corals from a drilling vessel for the Foz do Amazonas project. This action is necessary if the company obtains a long-sought exploration license. …
Petrobras Gains Approval to Clear Corals for Foz do Amazonas Drilling Read More
Namibia’s oil exploration is a high-risk investment, with potential geological and financial challenges highlighted by Shell and Chevron’s recent struggles. The government plays a crucial role, asserting ownership of resources …
Understanding Namibia’s Oil Resources: Challenges and Strategic Management Read More
Petrobras has completed a successful drill stem test at the Sirius-2 well off the Colombian coast, confirming significant gas reserves exceeding six trillion cubic feet. This marks the largest gas …
Petrobras Achieves Landmark Gas Discovery at Sirius-2 Well in Colombia Read More