Annand Jagesar, managing director at Suriname state-owned oil company and market regulator Staatsolie, confirmed the Macaw-1 ...

The country accounts for nearly half of all such units in operation worldwide, thanks in most part to the strong and steady ...

U.S. oil producer Hess Corp has announced its decision to exit Suriname’s offshore Block?59, returning operations to the ...

Suriname’s parliament backed Jennifer Simons as the South American country’s first woman president on Sunday, setting the ...

PARAMARIBO - Suriname's parliament backed Jennifer Simons as the South American country's first woman president on Sunday, ...

Jennifer Simons becomes Suriname's first female president following a coalition agreement, as the country anticipates significant growth from an impending oil boom. This historic leadership change ...

SÃO PAULO—South American oil fields are booming. Brazil, Guyana and Argentina are forecast to drive more than 80% of growth ...

Her election comes six weeks after a tightly contested parliamentary election held on May 25. Simons’ opposition party, the National Democratic Party (NDP), secured 18 seats, narrowly surpassing the ...

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Big news for Suriname! Hess has exited offshore Block 59, returning it to Staatsolie after fulfilling obligations. This marks ...