Will Suriname become another oil boom province as neighboring Guyana? Wood Mackenzie hydrocarbons consultants believe it to be possible but exploration efforts have taken longer and the extraordinary Stabroek Block success and its dozen discoveries from the ex British colony has yet to be replicated.
After the Summit of South American leaders in Brasilia, the 11 attending presidents reached a consensus on cooperation and integration in the region.
The Brazilian government of President Luiz Inácio Lula Da Siva condemned during the weekend Friday's events in Paramaribo, Suriname, where scores of rioters stormed the Congress building in an episode that somehow echoed the Jan. 8 events in Brasilia.
Brazil is betting strongly to become the main player in the development of oil and gas production in its northeast corner, where the state of Amapá shares proximity with French Guiana, Suriname, and Guyana, these two of which are set to become significant players in the hydrocarbons business.
Inflation in Latin America for the year 2021 was way above projections, the Economic Commission for Latin America and the Caribbean (ECLAC) has said in a report issued from its Santiago headquarters.
Exploration and development of oil and gas resources in the ex Dutch colony of Suriname, now an independent country, was the main point of the agenda addressed by Brazilian foreign minister Carlos Franca and his Surinamese peer Albert Randim, during a meeting held in Brasilia.
China's embassies to Suriname and Guyana accused US Secretary of State Mike Pompeo of spreading rumors and smearing Beijing, after Washington's top diplomat criticized Chinese companies during a four-stop South America tour.
Mercosur associate, Suriname elected a new president Monday, ending the dictatorial rule of Desi Bouterse. Chan Santokhi, an Indian-origin former police chief, won a landslide victory in the general elections conducted in the country in May.
Apache Corp and Total SA announced they had made a major oil discovery in a closely watched area off the coast of South America’s Suriname, sending Apache’s shares surging nearly 27%.
Top secret documents drafted by Brazilian military, backed by President Jair Bolsonaro, indicate that the Amazon is under threat of Chinese penetration, according to a report published Friday by the site The Intercept, accessed by the Italian news agency ANSA.