Headlines July 2022

[   Our header image this month is of Masie’s Galaxy named for the daughter of  one of the team from Edinburgh University who used the James Webb Space Telescope to spy on a corner of the early universe as it appeared only 235 million years after the Big Bang; the galaxy is an astounding 35 billion light-years away. The team is cautiously optimistic, since scientists need to fully verify galaxies’ ages with further analysis, but catching sight of stars this far away is remarkable, because the universe has been expanding ever more rapidly since the Big Bang 13.8 billion years ago.   –  It also makes an attractive abstract composition, ]

STOP PRESS   More Oil Discoveries in the Stabroek Block

GUYANA 1    CGX to drill Wei-1 :  Strohm work Liza :   Development  costs > $1 trillion:   borrower and lender :  Esso Guyana paid parent $2B :  to spend US$2B to 2025 :  can reclaim royalty :  Guyana gas for EU  US  inclusion & transparency :  CNOOC  US$2B for Stabroek :  Sinopec :  Local content law-an ill wind : Gas to Energy :  Oil & Gas Governance Network :

GUYANA 2      Guyana and USA sign US$2B MoU :  commitment to sustainable development :  Guyana to join Big League :  Natural Resource Fund :  World Bank :  loan :  Guyana leads petroleum exploration :  Vlaues  shown to USA :  oil and gas to fuel broad development :  SBM Offshore finances fourth FPSO :  CGX  transfers  interest in Corentyne  to FronteraLow Carbon Development :  NRF revenues :  Guyana Shore Base Inc signs  extension with EEPGLExxonMobil plans 35-wells offshore : Guyana banks US$232M :  VP Jagdeo accelerates exploration :

TRINIDAD  bp  new head of T&T operations :  OWTU, Guyana union sign MOU :  Ukraine Deal for   Black Sea exports :  Russia strikes on Odesa :  Save St Augustine Farmland :  US revokes fertiliser tariffs :  M5.7 Earthquake :  Samsoondar in Switzerland :  Raising output to benefit from high prices :  De Novo finds Zandolie gas :  Heritage to lift oil production :  Early budget :  Oil down but not for long :  Cap on fuel subsidy :  TT Dollar makes petrostate uncompetitive :  Touchstone  Cascadura high gas flow :  bpTT  Cassia C approaches first gas :  Trinity Exploration & Production plc :  Atlantic LNG :  Renewable energy :  Wind energy  in T&T. :

CARICOM    Suriname :-  Krabdagu  resources 180 MMbbl :  CCSI, Beharry Group in  JV :  oil lessons in T&T :  TT Energy Chamber  electricity markets :  TT Prime Minister, President Ali hold talks :  Caricom agenda in Suriname :  Suriname ‘hope and inspiration for rainforests’ :  CARICOM Chair backs petroleum production :  UAE may fund CARICOM ferry :  Guyana, Barbados update co-operation :  CARICOM HoGs agree : Oil resources belong to people :  UWI SEISMIC RESEARCH CENTRE WINS GLOBAL AWARD :  UWI Charter :  Caribbean Development Bank  TechBeach :  Vulnerability and Resilience Measurement Framework :

ISABELANA    Colombia/Ecuador :-  Gran Tierra Energy  update :  GeoPark Q2  operational update :  Opportunities in Cuba :  Guyana an important  partner for EU Electromagnetic Geoservices to work in the Caribbean :  Venezuela   Halliburton expansion :  Tullow  Exxon barred from selling Nigeria assets to Seplat EnergyShell adds $1 billion profit :  to start construction of  green hydrogen plant :  UK parliament approves windfall tax :  Oil and Gas Lobby Group vexed :  Energy Security Bill :  Neptune Energy :  Norway :  UK North Sea :  Russian gas flows :  IMF Dominican Republic :  World energy consumption BP review IEA  :  Mohammad Sanusi Barkindo 1959-2022 :  Brazil breaks wheat export records :  Brazil grains :

Headlines June   And links to earlier months