The two nations agreed to look into partnering to build an oil refinery after a recent official visit by Guyanan President Irfaan Ali.
Report: Oil Profits For Latin American Operators Will Fall By 2/3 In 2020
During 2020, Latin American oil and gas companies' profitability is expected to decline to one third of 2019 levels, while cash flow is expected to remain under pressure through 2021 as recovery will likely be protracted, according to a new Fitch Ratings report.
Even Without Infections, Fitch Says Coronavirus Threatens Caribbean & LatAm Economies
Sovereign and corporate issuers in Latin America will be adversely affected by slower Chinese demand and commodity price weakness caused by coronavirus due to high commodity export dependence and direct trade exposure to China, says Fitch Ratings.
Significant Offshore Oil & Gas Found Off Suriname Coast
Apache Corporation (NYSE, NASDAQ: APA) and Total S.A. (NYSE: TOT) today announced a significant oil discovery at the Maka Central-1 well drilled offshore Suriname on Block 58. The well was drilled using the drillship Noble Sam Croft with Apache as operator holding a 50% working ...
Low Cost, Low Demand Have Created a Renter’s Paradise for Office Space in Trinidad and Tobago
“We don't how long the prices will remain this competitive, but at the moment, it's very much a tenant's market," says Jean-Paul de Meillac of Terra Caribbean.
Latin American and Caribbean Exports Projected to Fall Again in 2016 – But Rate of Decline Is Slowing
The rate of export decline is slowing, with this projected 6% fall in 2016 being far less than the 15% plummet in 2015.