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Oil Industry News

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ExxonMobil signs deal to explore for oil and gas near Trinidad despite criticism
Posted inBreaking News Business News Caribbean News

ExxonMobil signs deal to explore for oil and gas near Trinidad despite criticism

PORT-OF-SPAIN, Trinidad (AP) — ExxonMobil signed a deal on Tuesday to explore a vast area near Trinidad and Tobago for oil and gas, even as the twin-island nation faces pressure to focus…
Posted by John McCarthy August 13, 2025
US licenses for Trinidad-Venezuela gas projects revoked, Trinidad says
Posted inBreaking News Business News Caribbean News

US licenses for Trinidad-Venezuela gas projects revoked, Trinidad says

WASHINGTON (Reuters) — The United States has revoked two licenses it had granted in recent years for the development of offshore natural gas projects between Trinidad and Tobago and Venezuela,…
Posted by John McCarthy April 9, 2025
Colombian court revokes order suspending gas well off Caribbean coast
Posted inBreaking News Business News Caribbean News

Colombian court revokes order suspending gas well off Caribbean coast

BOGOTA — A Colombian court overturned another court order issued last month that had suspended activities at Sirius-2, previously called Uchuva-2, a major gas well located off the country's Caribbean coast. The ruling,…
Posted by John McCarthy November 1, 2024
India’s Modi sucks up to Putin in Russia at Moscow meeting to lock in cheap oil prices
Posted inBreaking News Business News Crime News

India’s Modi sucks up to Putin in Russia at Moscow meeting to lock in cheap oil prices

MOSCOW — India and Russia each denied this week that there had been any disagreement between President Vladimir Putin and Indian Prime Minister Narendra Modi at their talks in Moscow…
Posted by John McCarthy July 14, 2024
Cuba Fuel Shortages Prompt Rationing, Event Cancellations
Posted inAt VIFreep Breaking News Business News

Cuba Fuel Shortages Prompt Rationing, Event Cancellations

HAVANA (AP) — Cuba’s fuel shortages have increased dramatically with authorities suspending activities, including a concert by the country’s national symphony, as well as rationing gasoline sales and moving some…
Posted by John McCarthy April 27, 2023
Venezuela Opposition Envoy Urges Biden To Ease Oil Sanctions
Posted inAt VIFreep Breaking News Business News

Venezuela Opposition Envoy Urges Biden To Ease Oil Sanctions

MIAMI (AP) — The new representative of Venezuela’s opposition in the U.S. is urging the Biden administration to relax crippling oil sanctions on Nicolas Maduro’s government or risk seeing the…
Posted by John McCarthy April 4, 2023
Venezuela To Ship Fuel To Cuba On U.S.-Blacklisted Supertanker
Posted inAt VIFreep Breaking News Business News

Venezuela To Ship Fuel To Cuba On U.S.-Blacklisted Supertanker

CARACAS (Reuters) — Venezuela's state-run oil company PDVSA today was loading a supertanker with crude and fuel for Cuba, maritime documents showed, an unusually large volume to help its political…
Posted by John McCarthy March 13, 2023
CERAWEEK-Trinidad In Substantive Negotiations With Venezuela On Gas Project
Posted inAt VIFreep Breaking News Business News

CERAWEEK-Trinidad In Substantive Negotiations With Venezuela On Gas Project

PORT OF SPAIN (Reuters) — Trinidad and Tobago has held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled…
Posted by John McCarthy March 10, 2023
Trinidad Invites Neighbors to Process Oil and Gas in the Country
Posted inAt VIFreep Breaking News Business News

Trinidad Invites Neighbors to Process Oil and Gas in the Country

PORT OF SPAIN (Reuters) — Trinidad and Tobago is inviting its energy-rich neighbors to process their oil and natural gas in the Caribbean country to produce commodities such as liquefied…
Posted by John McCarthy February 15, 2023
Trinidad & Tobago Proposes a Caribbean Energy Alliance With Guyana and Suriname
Posted inAt VIFreep Breaking News Business News

Trinidad & Tobago Proposes a Caribbean Energy Alliance With Guyana and Suriname

PORT OF SPAIN (Reuters) — Trinidad & Tobago Energy Minister Stuart Young this week proposed a Caribbean energy alliance with neighboring countries Guyana and Suriname that could reshape the region's…
Posted by John McCarthy January 29, 2023

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