Guyana is racing against the clock to reap its oil wealth

More than 11 billion barrels of oil and gas have been found off the coast of Guyana The country wants to speed up production to develop the economy Hope to negotiate more suitable contracts for the next stage New offshore oil blocks on display from September GEORGETOWN (Reuters) – For the poor, tiny South American … Read more

Exclusively Saudi Arabia doubles its imports of Russian fuel oil in the second quarter for power generation

People walk near power plant No. 10 in the central operations area of ​​the Saudi Electricity Company, south of Riyadh, April 27, 2012. Reuters Register now to get free unlimited access to Reuters.com Register This includes content produced in Russia, where law restricts coverage of Russian military operations in Ukraine. Saudi Arabia burns Russian fuel … Read more