Thursday, July 24, 2025
Guyana Scales Back Borrowing as Elections Test Oil Boom Stability- oil and gas 360

Guyana scales back borrowing as elections test oil boom stability

(Oil Price)– Guyana’s government will reduce external borrowing for major infrastructure projects, Vice President Bharrat Jagdeo said, citing the country’s swelling oil revenues and a growing push for fiscal restraint. Speaking at a press briefing, Jagdeo said new revenue flows made it unnecessary to pursue as many external loans for transport and energy projects as previously planned, adding, “We have

Maduro demands oil sanctions be lifted before elections take place- oil and gas 360

Maduro demands oil sanctions be lifted before elections take place

Oil Price Venezuela’s President Nicolas Maduro called on Wednesday for the lifting of all sanctions against the country’s oil industry before he discusses the holding of free elections with the opposition.   This weekend, the U.S. Administration eased some of the sanctions, allowing U.S. supermajor Chevron to resume limited natural resource extraction operations in Venezuela and oil and petroleum product exports to the United

Exxon, Guyana head toward uncertain future- oil and gas 360

Exxon, Guyana head toward uncertain future

Houston Chronicle GEORGETOWN, Guyana — They are the odd couple of the global oil patch: Guyana is a poor former British sugar colony. Exxon Mobil is America’s largest oil company. They came to depend on each other after a series of extraordinary oil discoveries off Guyana’s coast transformed the small South American country’s fortunes and boosted the oil company’s assets

Colorado Energy Law Fallout: Boulder County Enacts Emergency Oil and Gas Moratorium through Q1 2020 - Oil & Gas 360

Colorado’s Shale Boom Sparks a Ballot Box Threat

November election for governor could mark a turning point in the long-running battle over drilling in Colorado From The Denver Post For Colorado shale drillers, 2018’s been a record-setter for pumping oil and natural gas. It may also end up a banner year for the industry’s political foes. Spurred on by a fatal gas explosion last year, industry critics are

Venezuela Elects Opposition Government for the First Time in 17 Years

Maduro blames ‘economic war’ for loss of majority government For the first time in 17 years, Venezuela’s opposition party claimed a majority position in the National Assembly. Results from the election, held Sunday, indicate that the Democratic Unity Roundtable (Mesa de la Unidad Democratica, or MUD) Party claimed 99 seats, compared to just 46 for the United Social Party of

Canadian E&P

Liberal Party Wins Majority Government in Canada with 184 Seats

Justin Trudeau wins surprise majority government The Liberal Party, led by Justin Trudeau, won a majority government in a political upset in the Election for Canadian Prime Minister last night. The Liberals finished with 184 seats in the parliament (39.5%), while the former majority leading Conservative party followed with 99 elected (31.9%). The New Democratic Party (NDP) won 44 seats

Canadian E&P

National Elections in Canada are Less than Three Weeks Away

The three-way race for the seat of  Prime Minister of Canada The main federal party leaders, from left, Gilles Duceppe, Stephen Harper, Elizabeth May, Tom Mulcair and Justin Trudeau. (Reuters/Canadian Press) Elections for the head of Canada’s federal government are set to take place October 19, less than three weeks from now. The latest national poll shows the Conservatives at

TransCanada

Hopes for the Keystone XL Pipeline Renewed After Mid-Term Elections

After the Republican victories in the mid-term elections, many are now talking about the likely approval of the long awaited Keystone XL Pipeline. The pipeline, which would stretch 1,179 miles from Hardisty, Alberta to Steele City, Nebraska, has been in political limbo since 2009, awaiting approval from the Senate and President Obama. The president was concerned with the environmental impacts