Bolivia's state-run oil company YPFB will import 2.5 million liters of diesel fuel from Chile to reverse the current shortage, it was announced.Add your comment!
The Governor of the Argentine province of Misiones, Oscar Herrera Ahuad, Friday warned that the shortage of diesel fuel was particularly detrimental to the yerba mate sector, which is halfway through its harvest seasonAdd your comment!
Argentina's Ambassador Daniel Scioli Wednesday highlighted the integration process with Brazil and the current relationship between South America's two largest countries, which will “together guarantee food and energy for the region.”Add your comment!
Bolivia is diverting natural gas to Argentina, and unexpectedly has reduced the supply to Petrobras by 30% this month, catching the state-owned company off guard. As a result, Petrobras experienced a loss of more or less than 7 million cubic meters of gas per day. YPFB, the Bolivian state company, had been supplying Petrobras with approximately 20 million cubic meters per day.Add your comment!
Brazil's Government has replaced yet again the chairman of the state-run oil company Petrobras in which private investors also have a share.Add your comment!
Norway which is western Europe’s largest oil and gas producer, and also has one of the largest sovereign funds in the world, should share the huge profits it has made from oil and gas exports since the Russian invasion of Ukraine, Poland’s prime minister Mateusz Morawiecki said over the weekend, according to Tsvetana Parakova from Oilprice.Add your comment!
Complying with President Jose Biden's administration sanctions on Russia, United States refiners imported some 1.3 million barrels per day (bpd) of Latin American crude and fuel oil, the highest level in seven months, according to US customs data.Add your comment!
Peruvian authorities are seeking the extradition of the captain of the Italian-flagged Mare Doricum oil tanker, whom Repsol accuses of being responsible for the maneuvers that resulted in the oil spill at the La Pampilla refinery, 4 kilometers from the Ventanilla district.
Despite the rules agreed by the European Commission, one of Germany's largest natural gas importers, VNG, has opened an account with Gazprombank for payments for Russian gas under Moscow's new terms, in Euros then converted into Rubles helping the Russian currency to recover its value.
OPEC Secretary-General Mohammed Barkindo has visited Venezuela to strengthen bilateral ties between the rich oil-producing South American country, which is one of the 13 countries that make up the Organization of Petroleum Exporting Countries (OPEC).