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Montevideo, January 21st 2018 - 08:35 UTC

Energy & Oil

  • Wednesday, May 9th 2007 - 21:00 UTC

    Petrobras/Bolivia refineries dispute escalates

    Pte. Evo Morales

    President Evo Morales said Bolivia would respond in the coming hours to a proposal from Brazil's state-run oil company, Petrobras, regarding compensation for its two refineries in Bolivia recently nationalized.

  • Saturday, May 5th 2007 - 21:00 UTC

    Only Conoco-Phillips resisting Chavez Orinoco basin control

    Venezuela threatened to expel Conoco-Phillips, the US oil company, if it does not abide by the nationalization of stakes held by foreign investors in the country's Orinoco heavy oil operations.

  • Friday, May 4th 2007 - 21:00 UTC

    Brazil considering nuclear option for energy shortage

    Brazil will increase the use of nuclear energy if it cannot build enough hydroelectric plants, President Luiz Inacio Lula da Silva said on Thursday.

  • Friday, May 4th 2007 - 21:00 UTC

    Punta Arenas Methanex plans to cut Argentine gas dependency

    Metanex plant at Punta Arenas

    Canada's Methanex, the world's leading producer of methanol and which has a gigantic plant in Punta Arenas expects to break its Argentina natural gas dependency sometime in the next three years, and concentrate on Chilean supplies, said Bruce Aitken, the company's CEO.

  • Wednesday, May 2nd 2007 - 21:00 UTC

    Chavez completes re-nationalization of oil reserves

    The Orinoco region has more than 55,000 square kilometers

    Venezuela took control of the Orinoco oil installations on May first completing the process of “re-nationalization” of the nation's oil reserves. President Hugo Chávez led celebrations of the takeover of the Orinoco Oil Belt which could convert Venezuela into the country with the largest oil reserves.

  • Wednesday, May 2nd 2007 - 21:00 UTC

    Bolivia takes control of oil and gas industry

    These companies have understood they are not the owners of Bolivia's natural resources, said Pte. Morales

    Bolivia's government owned energy company YPFB took control on Wednesday of the country's oil and gas industry after a dozen oil companies, including Repsol YPF SA, British Gas, Total and Petrobras signed new contracts today.

  • Tuesday, May 1st 2007 - 21:00 UTC

    Venezuela Set To Gain Control Of Its Oil Fields

    Venezuela's military might will be on full display on Tuesday as Hugo Chávez, the country's president and a former paratrooper, celebrates winning back Venezuela's natural resources in the oil-rich Orinoco for the people.

  • Monday, April 30th 2007 - 21:00 UTC

    Desire Petroleum: pretax loss and no rig on sight

    Desire Petroleum PLC swung to full-year pretax loss due to the strengthening of the pound against the dollar reported the company.

  • Sunday, April 29th 2007 - 21:00 UTC

    Brazilian bio-ethanol for UK buses

    London Mayor Ken Livingstone is about to start trials of London's first bus fuelled by bio-ethanol.
    The Scania OmniCity double-decker will carry 81 passengers and be powered by ethanol made from Brazilian sugar cane.

  • Sunday, April 29th 2007 - 21:00 UTC

    Chavez hopes to gradually sell off refineries in US

    Pte. Chavez wants create an ALBA oil company

    President Hugo Chavez said Sunday that Venezuela hopes to gradually sell off its refineries in the United States and build a new network of refineries in Latin America, part of a plan to offer his leftist allies in the region a stable oil supply