Tag: Crescent Global Oil

Crescent Global Oil
Tuesday, November 27th 2012 - 04:47 UTC

President Franco says Paraguay will begin pumping oil in mid-2013

The oil basin is close to Argentina and President Franco will be visiting the area next week

Paraguayan president Federico Franco announced on Monday that starting on 2013 the country will become an oil producing nation, after a recent discovery close to the border with Argentina.

Wednesday, October 17th 2012 - 05:13 UTC

Paraguay begins drilling for oil in the Chaco next December

President Franco was briefed on the coming operations

Paraguay will begin exploring for hydrocarbons in the Chaco region, heartland of South America next 8 December, said oil consultant Mario Garnero after meeting on Tuesday with President Federico Franco.


Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!