Stay updated with breaking news from Stabroek. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Suriname's oil boom hopes are back on track with TotalEnergies and APA planning to make the final investment decision on the Block 58 project by the end of 2024, targeting first oil in 2028.
Portugal's oil company Galp Energia shares skyrocketed on Monday after the company announced that the first phase of its exploration in the Mopane field in offshore Namibia could contain some 10 billion barrels of oil.
Investors are advised to avoid purchasing ExxonMobil (XOM) before the release of its Q1 earnings and, instead, closely monitor the stock for a more opportune entry point.
Suriname's oil boom hopes are back on track with TotalEnergies and APA planning to make the final investment decision on the Block 58 project by the end of 2024, targeting first oil in 2028.
These two oil stocks are attractive, but they might not necessarily be the best way for retail investors to play the energy sector.