Production Favorite Exxon lost US$1B in second quarter as oil use dries up Exxon lost US$1.1 billion in the second quarter, its economic pain deepening as the pandemic... Jul 31 | BY
Energy Favorite Suriname revises 2020 oil-drilling programme due to falling prices Suriname’s State-owned oil company Staatsolie has revised its drilling campaign for this year from 95 wells to... Jul 22 | BY Josimar Scott
Energy Favorite Australian company ready to drill offshore Cuba Australian company Melabana Energy has received €425,000 (approximately US$675,000) from Angolan State-owned company Sonangol to... Jul 10 | BY Josimar Scott
Production Favorite End of Venezuela’s oil fortune looms over Maduro’s regime Oil revenue, the financial lifeline of Venezuela, is quickly drying up, adding to the growing... Jun 20 | BY
Production Favorite Venezuela’s oil production plunges to lowest level since 1945 Oil production in Venezuela, the country with the world’s largest reserves of crude, has fallen... Jun 13 | BY
Production Favorite Venezuela to raise fuel prices in historic policy shift Venezuela’s President Nicolas Maduro said fuel prices would increase starting in June, a historic policy shift after... May 31 | BY
Production Favorite Another million barrels of crude oil lifted from Guyana Another million barrels of crude oil has been lifted from Guyana, the most recent nation... May 25 | BY Paul Allen
Energy Favorite Venezuela says first of Iranian fuel tankers to arrive Saturday The first of five Iranian vessels bringing millions of barrels of gasoline to fuel-starved Venezuela... May 23 | BY