China Interferes in South American Border dispute eyesonguyana Amsterdam, 20 april 2025– The long standing territorial dispute over the South American border region, named Essequibo, which is claimed by Venezuela, escalated into a crisis not too long ago. Fears are, it is escalating even faster, now that China tries to play its part and interferes. The dispute dates back many,…
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eyesonguyana Amsterdam, April 18th, 2025 – Guyana’s ascent in the global oil industry continues to gain momentum with the deployment of the fourth Floating Production, Storage, and Offloading (FPSO) vessel, aptly named “One Guyana.” This technological marvel is set to push the country’s oil production to an impressive milestone of one million barrels per day,…
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eyesonguyana Amsterdam, April 16, 2025 – The Essequibo region, a resource-rich area claimed by both Venezuela and Guyana, has become a focal point of geopolitical tension. Venezuelan President Nicolás Maduro’s renewed territorial claims have raised concerns among foreign investors eyeing Guyana’s burgeoning oil and gas sector. What does this mean for the industry, and how…
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One percent Global Supply eyesonsuriname Amsterdam, Jan. 26th 2025–Chevron said Friday that it had completed an expansion at its Tengiz oil Field in Kazakhstan intended to increase production this year to around one million barrels a day, approaching 1 percent of global supplies. Chevron, which recently moved its headquarters from near San Francisco to Houston, continues to plow…
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eyesonguyana Amsterdam, January 4th, 2025 – Guyana, a small South American nation, is on the brink of an economic transformation driven by its burgeoning oil and gas industry. The Gas to Shore Project is a cornerstone of this transformation, promising to bring significant benefits to the country’s population. This project, coupled with recent offshore discoveries,…
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O P I N I O N eyesonsuriname Suriname finds itself at a crucial turning point in its history. With recent discoveries of substantial oil reserves in its coastal area, the country has the potential to develop into a significant economic player. This natural wealth can not only bring Suriname economic stability and prosperity but…
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Suriname president plans to share future and upcoming oil wealth eyesonsuriname Amsterdam, 26 november 2024– All Surinamese adults to receive payment from recently discovered oil and gas reserves – ‘no one will be left behind’ Suriname’s president has announced a program of “royalties for everyone” as the South American nation plans for a boon from recently discovered oil and…
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or 110 Billion US$ Brazilian Oil and Gas Exploration eyesonsuriname Amsterdam, 22 november 2024– Brazil’s oil and gas giant, Petrobras plans to spend US$ 111 billion [ or 106.546.362.096,00 Euros ] in the next five years between 2025 and 2029, with US$ 77 billion of this total earmarked for oil and gas exploration and production activities, according to a securities filing, and…
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Guyana would also benefit eyesonsuriname Amsterdam, November 8, 2024– Research agency Wood Mackenzie reports that Suriname and Guyana could together produce 12 million tons of liquefied natural gas (LNG) annually. This could also be supplied at a competitive price. Demand for LNG is expected to increase at the end of this decade, as the industry…
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eyesonguyana Amsterdam, September 24th, 2024 – In 2015, Guyana’s fortunes changed dramatically with the discovery of vast offshore oil reserves. This small South American nation, known for its lush rainforests and diverse culture, suddenly found itself on the brink of an economic transformation. The potential for wealth was immense, but so were the risks. The…
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