Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, July 26th 2024 - 23:51 UTC

Energy & Oil

  • Friday, July 26th 2024 - 09:11 UTC

    Washington gives Indian refiners the nod to buy Venezuelan crude

    Indian refiners were purchasing Venezuelan crude through intermediaries until last month

    Major refiners Reliance Industries of India announced it would soon be purchasing crude from Venezuela once again after getting the nod from Washington DC, which would represent an easing of the current sanctions against the South American country.

    Add your comment!
  • Monday, July 22nd 2024 - 19:54 UTC

    Paraguay's first 30 electric buses to be delivered this year

    “We are working on the technological software,” Deputy Minister Fernández explained

    The first 30 electric buses of Asunción's public network will be operational before the end of 2024, Deputy Transport Minister Emiliano Fernández announced Monday after a meeting with experts from the Taiwanese company building the vehicles. President Santiago Peña has pledged that 1,000 of these units would become available shortly.

    Add your comment!
  • Monday, July 22nd 2024 - 10:11 UTC

    IMF Chief visits Paraguay's tourist attractions

    Georgieva visited the Itapú Hydroelectric Plant on her day as a tourist in Paraguay

    International Monetary Fund Managing Director Kristalina Georgieva Sunday visited the Itaipú Hydroelectric Power Plant and other Paraguayan tourist attractions before starting a series of engagements in the South American country this week. Her agenda includes encounters with government officials, women leaders, and representatives of civil society and the private sector. Georgieva underlined Paraguay's stability and Itaipú's role in this achievement.

    Add your comment!
  • Thursday, July 18th 2024 - 10:53 UTC

    Bolivia claims to have discovered a massive natural gas field

    President Luis Alberto Arce announced on X a massive discovery of a natural gas field, “the largest find in the country since 2005”.

    Bolivia’s President Luis Alberto Arce announced on X a massive discovery of a natural gas field, “the largest find in the country since 2005”. Bolivia’s state-owned hydrocarbons company YPFB described it as the biggest gas find in nearly two decades and could become the country’s third-largest producing field. 

    Add your comment!
  • Wednesday, July 10th 2024 - 08:56 UTC

    Petrobras subsidiary seeks to expand logistics capabilities

    Petrobras aims to be less dependent on third-party carriers

    Transpetro, a subsidiary of Brazil's State-run oil company Petrobras launched a tender this week for the construction of four vessels for the transport of fuels such as gasoline, Agencia Brasil reported. The winning shipyard is to be announced by the end of this year.

  • Tuesday, July 9th 2024 - 21:34 UTC

    Argentina admits dry well off the coast of Buenos Aires province

    Equinor, the Norwegian company will continue to keep 75% of both blocks, which contrary to the North basin, already has proven elements of hydrocarbons which is has been exploiting for decades

    The Argentine government authorized the sale of three offshore blocks from the Austral basin, a day after Norway's Equinor and Shell Oil said they had not found a trace of oil in the well Argerikch drilled offshore Argentine province of Buenos Aires.

  • Tuesday, July 9th 2024 - 14:48 UTC

    Argentina on track to become a global exporter of LNG by 2027

    ”The project is expected to start LNG exports by 2027, establishing Argentina as an LNG exporter, Golar LNG said

    Argentina could be on the path to start exporting LNG from its Vaca Muerta shale gas deposits, after Golar LNG signed a 20'year deal with Pan American Energy (PAE) for the deployment of a Floating Liquefied Natural Gas (FLNG) vessel in Argentina according to a report from US Energy Information Administration.  

  • Friday, July 5th 2024 - 19:16 UTC

    Lula visit announced to Mercosur's newest full member Bolivia

    “There are many issues that we have to take forward,” Alcón explained

    Bolivia's Deputy Communications Minister Gabriela Alcón announced Friday that Brazilian President Luiz Inácio Lula da Silva would be arriving in Santa Cruz de la Sierra next Monday for meetings with local authorities and businessmen. It will be the first visit of a foreign head of state since Bolivia's full Southern Common Market membership President Luis Arce Catacora signed into law this week.

  • Wednesday, July 3rd 2024 - 23:03 UTC

    Falklands New Power Station project in Stanley to begin, end of unplanned power cuts?

    The current Power Station is nearing the end of its life and the replacement has been a key priority for numerous Assemblies.

    Following approval at Executive Council on Tuesday 25 June, the Falkland Islands Government Public Works Department can now proceed with the final design and delivery program for the New Power Station in Stanley.

  • Wednesday, July 3rd 2024 - 23:00 UTC

    Falklands: Navitas updates emission assessment of Sea Lion environmental impact statement

    The Falkland Islands Government has started a public consultation on this revised EIS from Tuesday, 2 July 2024 to 13 August 2024.

    The Israeli/US company preparing to extract oil from Falkland Islands waters, Navitas Petroleum Development and Production Ltd. (Navitas) has issued a revised Environmental Impact Statement (EIS) concerning its proposals for the drilling of oil wells and offshore production from the Sea Lion Field Northern Development Area, Phase 1 and 2, which includes additional information on atmospheric emissions.

Previous