News

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 31, 2022.
Exports of crude oil and petroleum products from Guyana to the United States almost tripled (+181.48%) in one year, going from an average of 27,000 in 2020 to 76,000 barrels per day in 2021, according to data from the Energy Information Administration. of the United States (Energy Information Administration EIA).

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 31, 2022.
The state oil company Petroecuador reported that this week it will start the program to reactivate more than 1,000 closed wells in the Ecuadorian Amazon. It will sign specific service contracts with private companies for the reactivation of the wells, which are now closed.

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 30, 2022.
The Government of Canada unveiled its new climate action plan, which calls for a 75% reduction in emissions from the country’s oil sector over the next eight years to meet the 2030 targets.