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Tag: Energy

Rudoph Elias Optimism

Optimism in Guyana and Suriname

Development Caution Required  Amsterdam, December 30th 2021– The South American neighbors of  Guyana and Suriname have emerged as the two most exciting oil-producing provinces of the Latin America and Caribbean region.  But with renewed calls for a quick transition to renewables given the troubling impacts of climate change over the last decade, a cloud of worry…
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Oil Rig

Big Oil has a do-or-die decade ahead because of climate change

The 2020s are poised to be to energy firms what the 2010s were to utilities—disruptive As revolutionary slogans go, it hardly had the resonance of ¡No pasarán! But when Repsol, a Spanish oil company, said in December it would reduce the net carbon footprint of everything it produces to zero within 30 years, it marked the most powerful…
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Staatsolie Suriname

Staatsolie Maatschappij Suriname N.V: Uncovering one of South America’s largest untapped oil reserve

United States Geological Survey data shows offshore Guyana-Suriname Basin to have one of the largest untapped oil reserves in South America. As Suriname’s state oil company, Staatsolie Maatschappij Suriname N.V. is set to strike big In a world that’s craving more and more energy, oil is often described as ‘liquid gold’. But as depletion of…
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Westwook Oil Rig

Westwood Global Energy Group: Appetite for finding oil not diminishing

Around the world the energy transition and extinction discussions and debates led the energy news  agendas in company boardrooms in 2019, but the impact on exploration drilling is not yet apparent, according to market research provider Westwood Global Energy Group. Westwood said on Thursday that the global high impact well count in 2019 was 91 wells,…
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