Suriname Oil Boom Back On Track As New Discoveries Excite Investors
November 27th, 2024
Via Brazil Energy Insight, a report on Suriname’s oil industry: Suriname, struggling with political unrest and a debt crisis, pins hopes on its oil sector after TotalEnergies delayed the billion-dollar final investment decision for Block 58. Latest appraisal drilling confirms that Block 58 could contain as much as 6.5 billion barrels of exploitable oil resources, […]
Read more »Suriname’s Unorthodox Plan To Finance The Protection of Its Forests
August 25th, 2024
Courtesy of The Financial Times, a report on Suriname’s unorthodox plan to finance the protection of its forests by trading ‘sovereign carbon’: When Guyana’s president was asked by a BBC journalist earlier this year about the South American country’s oil exploration and associated carbon emissions, the exchange heated up. “Let me stop you right there,” […]
Read more »Suriname: Selling Its Gold and Timber – at the Cost of Tribal Land Rights
February 26th, 2024
Via The Guardian, commentary on how Suriname’s claim to fame as the most forested in the world already been fatally undermined by increased logging and mining: “Welcome to Suriname – the most forested country in the world!” reads a billboard above the entrance of Suriname’s international airport terminal. Numerous signs remind travellers that more than 90% of […]
Read more »TotalEnergies Expands Its Suriname Presence
December 16th, 2023
Via Eurasia Review, a report on TotalEnergies growing activity in Suriname as it takes a new offshore exploration license: TotalEnergies’ presence in Suriname. Credit: TotalEnergies TotalEnergies and its partners QatarEnergy and Petronas have signed a production sharing contract for Block 64 with Staatsolie Maatschappij Suriname (Staatsolie), the State-owned oil company of Suriname. Block 64 was awarded […]
Read more »‘Black Gold’ For Guyana And Suriname: Blessing Or Curse?
October 17th, 2022
Via Oil & Gas Daily, an article on Guyana and Suriname resource potential: Emerging as potential oil powers while the world seeks to wean itself off planet-warming fossil fuels, poverty-stricken South American neighbors Guyana and Suriname say they have to cash in while they can. The former Dutch colonies are among the world’s most tree-covered countries, […]
Read more »Small Oil Producers Benefiting From Russia Sanctions
March 16th, 2022
Via Asia Times, a report on how smaller oil producers such as Ghana, Guyana and Suriname are benefiting from the Russian sanctions: As the US and Europe cut back purchases of Russian oil, and energy traders shun it for fear of sanctions, the search is on for other sources. Attention has focused on Iran and Venezuela, both of which are led by […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.