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Category: Economy

News

New recoverable oil sources found in Suriname

Hopeful signs for the country eyesonsuriname Amsterdam, 20 may 2024–Petronas’ Roystonea-1 and Fusaea-1 discoveries in Block 52 offshore Suriname are estimated to hold recoverable resources approaching 400 million barrels, according to new numbers released by UK-based consultancy group Wood Mackenzie. “This could be enough to support an FPSO [floating production storage and offloading vessel] with…
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WoodMac: 4.6 billion barrels of oil discovered offshore Suriname.

Plus 12.5 trillion Cubic Feet of Gas eyesonsuriname Amsterdam, 20 May 2024–The Consultancy Group of Wood Mackenzie has put Suriname’s oil resource count at more than 2.4 billion barrels and its natural gas resources at 12.5 trillion cubic feet (tcf). Based on WoodMac’s numbers, assuming one trillion cubic feet of gas equals 176 million barrels of…
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Caricom building

Repairing nations dignity

Fighting Crime eyesonproject Amsterdam, 15 May 2024 — Several dignitaries and heads of State of Caribbean Community (Caricom) countries have signed the first-ever international treaty to regulate the trade of conventional weapons and promote peace by preventing the illicit trafficking of small arms and light weapons in the region. Crime and criminal activities on almost…
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Starlink’s Compassionate Response to Rio Grande do Sul Flooding

eyesonbrasil 1. A Beacon of Hope Amidst the Deluge In the wake of the devastating floods that have engulfed Rio Grande do Sul, a glimmer of hope emerges from the skies. Starlink, the ambitious satellite internet project by SpaceX, has stepped forward with an extraordinary gesture. Recognizing the urgency of the situation, they have pledged…
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Havan: Solidariedade em Tempos de Adversidade

Havan: Solidarity in Times of Adversity

eyesonbrasil 1. Solidarity Change for Affected Families The Havan chain of stores is making a difference in Rio Grande do Sul during the floods. In the month of May, the entire value of the Solidary Change will go to the families affected by the rains. Customers can contribute at Havan’s 176 megastores throughout Brazil and…
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Navigating Brazil’s Electoral Landscape: Challenges and Aspirations

eyesonbrasil 1. The Verdict: Lula’s Fine and Its Impact Brazil’s highest electoral court recently imposed a fine of 250,000 reais on President Luiz Inacio Lula da Silva and his coalition for a campaign video that criticized his 2022 election rival, Jair Bolsonaro1. This verdict has far-reaching implications for Brazilian society: 2. Upholding Fair Elections: A…
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Brazil’s Fiscal Journey: Learning from Argentina’s Milei

Brazil’s Fiscal Journey: Learning from Argentina’s Milei

eyesonbrasil 1. The Brazilian Fiscal Landscape Brazil, a nation of vibrant culture and diverse landscapes, grapples with fiscal challenges that threaten its economic stability. The Lula Administration, freshly elected, inherits a complex situation. Public debt looms large, and the delicate balance between growth and fiscal discipline remains elusive. 2. Javier Milei’s Triumph in Argentina a.…
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Brazil Voting Machines

Restoring Trust in Brazilian Democracy: A Path Forward

eyesonbrasil 1. The Current State of Brazilian Elections Brazilian elections have been a rollercoaster of emotions, with twists and turns that have left citizens questioning the very foundation of their democracy. The recent 2022 general election was no exception. As the dust settles, we find ourselves at a crossroads, wondering how we got here and…
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Suriname fossil fuels

Growing exploration activities eyesonsuriname Amsterdam, 27 april 2024– Hess Corporation said exploration activities are planned this year for two Suriname blocks in which it holds stakes – Block 42 and Block 59. The note is part of the company’s annual report filed with the U.S. Securities and Exchange Commission. Block 42’s previous operator, Kosmos Energy, had drilled…
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Exxon Guyana

Exxon CEO: Guyana is the most successful deepwater development in history

eyesonguyana Amsterdam, 27 april 2024–ExxonMobil’s Chief Executive Officer (CEO) and Chairman of the Board, Darren Woods, hailed Guyana’s oil story as one that will be well remembered in the history of the oil and gas sector. “I believe Guyana will go down as one of the most successful deepwater developments in the history of the…
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