eyesonsuriname Amsterdam, 3 Jan 2024–High net worth investors who hold a large percentage of their savings in cash or money market funds risk missing out on the potential for sizable gains in bond markets. Reviewing the past five US rate-hiking cycles reveals that, three years after they peaked, cash delivered an average return of 15…
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Paris, September 13, 2023 – On the occasion of the meeting held in Paramaribo between Patrick Pouyanné, Chairman and CEO of TotalEnergies, H.E. Chandrikapersad Santokhi, President of Suriname, and Annand Jagesar, CEO of Staatsolie, TotalEnergies has announced the launching of the development studies for a large oil project in Block 58, offshore Suriname. Appraisal of…
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Our Common Future [ by Ian Bremmer ] Amsterdam, Jan1st 2024 — It used to be an easy question to answer. If you’re over 45 like me, you grew up in a world that was dominated by two giants. The United States called the shots on one side of the Wall, the Soviets set the rules on…
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Thanks for joining us on our whistle-stop tour of new year celebrations around the world. We’ve covered the major displays from Auckland in New Zealand, and the 12-minute extravaganza’s in Sydney and Hong Kong. Hundreds of thousands of people in Paris converged on the Champs Elysees for an Olympic-themed party ahead of the 2024 Games…
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Developments Galore eyesonsuriname Amsterdam, Jan 2nd 2023– The year 2024 is expected to welcome a massive expansion of operations in Guyana’s oil and gas industry. New blocks will be awarded, oil developments will advance, and the prospect of gas development will shift into focus. Here is a list of what to expect: Signed contracts from offshore…
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eyesonsuriname Amsterdam, 30 dec 2023– The Petronas discovery in Suriname has the potential to double the basin development projects available for Exxon Mobil Corporation. Exxon Mobil Corporation (NYSE:XOM) has been developing the Guyana discoveries for some time. That is likely to continue as Guyana has some very strong allies that want Guyana just as it is now. In…
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Reuters Indonesian President Joko Widodo, Friday (24/11) inaugurated the construction of a carbon capture, utilization and storage (CCUS) project in the province of West Papua operated by British Petroleum (BP). This CCUS project in West Papua is the first carbon storage project in the country. The CCUS project has the potential to store up to…
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eyesonsuriname Amsterdam, dec 21st 2023–After grappling with a lengthy political and economic crisis the government of Suriname pinned hopes of an economic recovery on a massive offshore oil boom. French supermajor TotalEnergies and APA Corporation have made five high-quality oil discoveries since 2020 in Suriname’s offshore Block 58. The discoveries ignited dreams of a transformational oil…
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On Dec. 6, 2023, we raised our long- and short-term foreign and local currency sovereign credit ratings on Suriname to ‘CCC+/C’ from ‘SD’ (selective default). At the same time, we withdrew our ratings on Suriname’s senior unsecured debt. We also raised our transfer and convertibility assessment to ‘CCC+’. The outlook on the long-term ratings is…
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The economy has dodged a recession, but not is out of the woods yet America’s economy in 2023 provided a lesson in humility for forecasters. Before the year began, almost all predicted that it was heading for sluggish growth at best, and a recession at worst. The logic was simple: beating inflation was bound to be…
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