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  • More problems for Belize's struggling oil industry

    More problems for Belize's struggling oil industry. revenues have actually gone up due to the increase of oil prices on the world market. Breaking Belize News is able to offer a

  • Oil spill in Western Belize; Environmentalist continue

    In the meantime, organizations like Oceana Belize continue to campaign against oil exploration in Belize, particularly offshore. During the fifth anniversary of the People's Referendum against offshore oil drilling Oceana Vice President, Janelle Chanona stated that their position has not changed, and they will continue fighting the cause.

  • Belize earns $1.5 billion in crude oil sales, but production

    Belize International and Local Crude Oil Sales by adeleramosbz. Belize Natural Energy, which operates in Cayo in western Belize, is still the only company producing oil in Belize, but after hitting a peak of $146 million in 2011, crude oil sales have been on a rapid decline.

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    And despite the decline in production, higher world market prices for crude oil have not meant a proportionate decline in revenues. "Sustainability is a function of where the market is relative to volume and price," Gutierez notes. Still the decline does mean less revenue for the Government and people of Belize.

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    A small company called Treaty Energy Oil has been doing limited oil exploration in Belize and issuing frequent, upbeat press releases. In January 2012 it issued a sensational press release stating it had stuck oil in southern Belize and discovered a new oil field containing some 6 million barrels of oil.

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    approved a policy that bans offshore oil exploration in Belize's World Heritage Sites and within one kilometre on either side of Belize's Barrier Reef System, the largest reef system in the Western Hemisphere. This is equivalent to 15% of Belize's land area. This commitment is unprecedented globally, Mr. President.

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  • 7 News Belize

    And that the government must better define the moratorium on offshore oil exploration and activity, as well as the permanent ban around Belize's World Heritage Sites and Protected Areas. The Coalition also reiterates the importance of public consultation and advocates for a national referendum to decide the future of oil exploration in Belize.

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  • Belizeans Gather Across the Country for Hands Across The Sand

    On Saturday May 18th, 2019 at noon, Belizeans from across the country joined hands on beaches, across bridges, in conference rooms and along seawalls and other public areas to celebrate in OCEANA's 2019 Hands Across the Sand in solidarity against offshore oil development in Belize's economically important marine environment.

  • 2012 Belizean general election

    Another campaign theme was the issue of oil drilling off the coast of the country within proximity of the Belize Barrier Reef after Belize started exporting oil in 2006. However, opinion polls showed opposition to further oil exploration. Barrow promised to hold a referendum on the issue, while Fonseca pledged a moratorium over continued


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  • Exploring Mysterious and Enigmatic Belize Great Blue Hole

    The Mysterious Belize Great Blue Hole is a large underwater hole off the coast of Belize. It lies near the center of Lighthouse Reef, a small atoll 100 kilometers (62 mi) from the mainland and

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  • Price Premier Products Ltd - Cellular | FindYello

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