Crypto
2 Aug 2026, 00:00Suriname's $26 Billion Oil Bet Is Finally Paying Off
Suriname's $26 Billion Oil Bet Is Finally Paying Off By Matthew Smith - Aug 01, 2026, 4:00 PM CDT TotalEnergies and APA Corporation greenlit the $26 b
Key Takeaways
- 1This article covers key developments in the crypto market
- 2Always verify claims with official ASIC and regulatory sources
- 3Past performance does not guarantee future results
- 4Consider speaking to a qualified financial adviser before acting
- 5TradeRadarNews provides information only — not financial advice
Suriname's $26 Billion Oil Bet Is Finally Paying Off By Matthew Smith - Aug 01, 2026, 4:00 PM CDT TotalEnergies and APA Corporation greenlit the $26 billion GranMorgu project, handing Staatsolie a 20% stake funded by a $1.6 billion loan and a March 2025 bond sale. Petronas has notched eight discoveries in Block 52's "Golden Lane," an extension of Guyana's prolific Stabroek trend, with a final investment decision expected before the end of 2026. Suriname's crude is chemically close to Guyana's, light, sweet and low-sulfur, positioning it to draw the same refiner demand that has fueled Guyana's boom.
📺 Related Videos
Explain Crypto To COMPLETE Beginners
📺 Coin Bureau
How Cryptocurrency ACTUALLY Works
📺 Mrwhosetheboss
Finance Podcasts
Written by
TradeRadarNews Team
Editorial Team
Our editorial team covers markets, fintech, and regulatory developments across Australia and globally.
