MercoPress, en Español

Montevideo, February 21st 2019 - 01:55 UTC

Tag: gas

  • Thursday, January 17th 2019 - 10:05 UTC

    Petrobras averaged 2.63 MMboed last year, targets 2.8 MMboed for 2019

    In December 2018, the total production of oil and gas, including natural gas liquids (NGL), was 2.70 MMboed, of which 2.64 MMboed produced in Brazil

    Petrobras reports that in 2018, its total production of oil and gas, including natural gas liquids (NGL), was 2.63 MMboed, of which 2.53 MMboed produced in Brazil and 101,000 boed abroad. Petrobras’ own production of oil in Brazil was 2.03 MMbpd.

  • Wednesday, December 26th 2018 - 08:55 UTC

    Petrobras plans to invest US$ 84bn mainly in pre-salt areas by 2023

    Around US$ 69bn of the planned investment will be channeled into the development of production in the pre-salt areas

    Petrobras has unveiled plans to invest US$ 84.1bn in deepwater exploration and production projects in Brazil, as well as raise $27bn through asset sales and partnerships by 2023. Around US$ 69bn of the planned investment will be channelled into the development of production in the pre-salt areas. Other key focus areas of investment include refining, transportation, trading, and natural gas and petrochemicals.

  • Wednesday, December 5th 2018 - 08:39 UTC

    Brazil's oil and gas output rose strongly in October after five flat months

    Oil production averaged 2.614 million b/d in October, jumping 5.2% from 2.486 million b/d in September, Brazil's National Petroleum Agency, ANP, reported

    Brazil's domestic crude oil output rose for the first time in five months in October as production from the subsalt region continued to grow and fewer floating production units were idled by maintenance shutdowns during the month.

  • Saturday, November 3rd 2018 - 08:40 UTC

    Bolivia delivering smaller volumes of gas to Argentina than set forth in the contract

    The problem with Argentina is negotiable, according to Minister Sánchez.

    Bolivia's Hydrocarbons Minister Luis Alberto Sánchez Friday admitted that gas deliveries to Argentina are kept at an average of 10 million cubic metres per day (MMm3d), far below the 17.2 MMm3d agreed upon in the contract

  • Saturday, November 3rd 2018 - 08:24 UTC

    Fracking shale gas flows in UK, but controversy over earth tremors intensifies

    Operations began at the Lancashire site in October for the first time since 2011 when it was suspended because of earth tremors

    Shale gas has flowed for the first time at the UK's only fracking site currently in operation, energy firm Cuadrilla says. Operations began at the Lancashire site in October for the first time since 2011 when it was suspended because of earth tremors. There have been suspensions of the renewed underground drilling operations after further tremors in the area.

  • Wednesday, October 31st 2018 - 08:23 UTC

    Argentina resumes natural gas export to Chile after twelve years

    The unconventional gas is being piped from Argentina’s oil- and gas-rich Vaca Muerta shale field, over the Andes mountain range to Chile’s southern provinces

    Argentina has begun exporting natural gas to Chile after a 12 year interlude, Chilean President Sebastian Piñera said on Tuesday, as the two neighboring countries seek to increasingly integrate their energy supply and electricity grids.

  • Sunday, October 28th 2018 - 19:25 UTC

    Argentina seeks extension on due Bolivian gas bills

    Argentina is tied to Bolivian gas supply until 2026.

    Argentina's cooking gas company Integración Energética Argentina S.A. (formerly Enarsa) has asked Bolivia's Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) for an extension to pay up the bills for the past two months plus interests due since 2007, it was reported.

  • Friday, August 31st 2018 - 08:29 UTC

    Norway's Equinor plans to invest US$ 15bn in Brazil's oil, gas and renewables

    “Brazil is a perfect match for Equinor with our operational, technical competence built over decades on the Norwegian continental shelf,” said Anders Opedal

    Norway's Equinor will invest up to US$ 15 billion in Brazil over the next 12 years to develop oil, gas and renewable energy sources, the company said. Coinciding with an expected drop in output from many aging oilfields off the cost of Norway, Brazil is expected to become a core region for Equinor as the firm takes advantage of the country’s opening in recent years to more foreign investment.

  • Wednesday, December 27th 2017 - 14:54 UTC

    Gasoline, another kind of business in Venezuelan scarcity

    Usually the smugglers sell 20 liters at a price of 1,600,000 Bs –or more-, which is equivalent to 3 and a half minimum salaries approximately. Photo: Santi Donaire<br />

    It is paradoxical how a country with the largest oil reserves in the world has a shortage of gasoline. Of course, Venezuela does not produce gasoline as such, but sells crude oil and imports gasoline, so with the sanctions imposed by various nations and the very crisis that PDVSA (State Company) suffers - which according to the unions works approximately 13% of its capacity- complicate the problem.

  • Saturday, April 5th 2014 - 03:05 UTC

    The most profitable gas in the world

    Privatizing the pipelines system could raise 50 billion dollars.

    By Robert Bensh of - There is only one certainty in Ukraine: The energy sector must and will be transformed, and how long this takes will depend on who ends up in the driver's seat and how serious they are about becoming a part of Europe and reducing dependence on Russia. But by then, investors will have missed the boat.

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