Energy & Oil

Saturday, May 28th 2022 - 10:10 UTC
Bolivia to import diesel to relief drivers in the west

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.
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Saturday, May 28th 2022 - 10:01 UTC
Argentine northern provinces decry fuel shortage

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 season
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Thursday, May 26th 2022 - 10:20 UTC
Scioli: Argentina and Brazil will guarantee food and energy for the region

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.”
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Wednesday, May 25th 2022 - 09:38 UTC
Bolivia diverts LNG to Argentina and leaves Brazil 7 million cm short per day

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.
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Tuesday, May 24th 2022 - 09:15 UTC
Brazil sacks Petrobras CEO yet again

Brazil's Government has replaced yet again the chairman of the state-run oil company Petrobras in which private investors also have a share.
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Tuesday, May 24th 2022 - 08:55 UTC
Ukraine war: Poland wants Norway to share windfall gains from oil and gas sales

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.
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Saturday, May 21st 2022 - 23:03 UTC
US refineries purchasing more oil and fuel from Mexico, Colombia and Argentina

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.
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Thursday, May 19th 2022 - 09:04 UTC
Peruvian prosecutors to seek extradition of oil spill case tanker captain

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.
Wednesday, May 11th 2022 - 09:00 UTC
Germany's largest gas importer accepts Moscow terms and pays in Euros/Rubles

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.
Monday, May 9th 2022 - 19:28 UTC
OPEC Chief visits Venezuela to bolster bilateral ties

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).