Energy & Oil

• Saturday, August 8th 2026 - 07:26 UTC

  Falklands: rise in the CPI, caused by the conflict in the Middle East

  

  The Consumer Price Index (CPI), according to official Falkland Islands figures, recorded a quarterly increase of 3.4% as a result of the impact of higher fuel prices.

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• Thursday, August 6th 2026 - 08:18 UTC

  Navitas broadens its US Gulf portfolio with stakes in two oil discoveries, oil industry media

  

  Navitas Petroleum has signed agreements to obtain a 33.33% interest in the Tiberius and Logan oil discoveries in the Gulf of America (Gulf of Mexico) from Occidental and Kosmos Energy, expanding its Gulf of America hydrocarbon portfolio.

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• Thursday, August 6th 2026 - 07:13 UTC

  Royal Navy nuclear deterrence program receives £8bn for the Dreadnought program

  

  More than £8bn is being pumped into the Royal Navy’s next-generation nuclear deterrent submarines in the latest investment in the Dreadnought program. The cash – the fourth phase of production of the biggest submarine construction project in a generation – will carry the program through to key milestones early next decade:

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• Wednesday, August 5th 2026 - 08:00 UTC

  Six million UK household will access the £150 Warm Home Discount; register names in energy bills

  

  Six million of British households are set to save £150 on energy bills this winter, as government urges eligible households to check they are named on their bill to get the Warm Home Discount automatically. Every household where the bill payer is on means-tested benefits is in line for the rebate, following the expansion of the scheme last year.

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• Tuesday, July 14th 2026 - 22:31 UTC

  Argentina's YPF Luz seeks dual listing in New York and Buenos Aires

  

  Argentine power generator YPF Luz has filed a preliminary prospectus with the US Securities and Exchange Commission (SEC) for a potential initial public offering of shares, which would list simultaneously on the New York Stock Exchange and on Bolsas y Mercados Argentinos (BYMA) in Buenos Aires.

• Thursday, July 9th 2026 - 16:52 UTC

  YPF plans to drill off Uruguay in 2027, says potential could top Vaca Muerta

  

  Argentina's state oil company YPF plans to begin exploratory drilling of an offshore block off the coast of Uruguay between late 2027 and early 2028, its chairman and chief executive, Horacio Marín, confirmed, saying the area holds potential that, if confirmed, could surpass the Vaca Muerta unconventional field.

• Saturday, June 27th 2026 - 09:43 UTC

  Repsol, Ecopetrol and 17 other oil firms cleared for Brazil's next pre-salt auction

  

  Nineteen oil companies, among them Spain's Repsol and Colombia's Ecopetrol, have been cleared to bid in the upcoming auction of licenses to partner with the Brazilian State in the exploitation of hydrocarbons in the pre-salt, the country's main crude reserve. The list was released on Friday by the National Agency for Petroleum, Natural Gas and Biofuels (ANP), following its publication in the Official Gazette.

• Monday, June 15th 2026 - 21:50 UTC

  Brazilian stocks slip as the US-Iran deal sinks oil prices and hits Petrobras

  

  São Paulo's stock exchange closed on Monday down 0.42%, dragged by the plunge of the state oil company Petrobras after the international crude price fell, linked to the preliminary agreement between the United States and Iran. The Ibovespa, the benchmark index of Latin America's main exchange, ended the session at 170,415 points.

• Thursday, June 11th 2026 - 23:12 UTC

  Venezuela hands Shell a license for the cross-border Loran gas field shared with Trinidad

  

  Venezuela on Thursday granted the British company Shell a license for a first phase of exploration and exploitation of the Loran gas field, which has seven reservoirs, six of them transboundary with Trinidad and Tobago. The signing was led by acting President Delcy Rodríguez at Miraflores Palace, the seat of the Venezuelan government.

• Thursday, June 11th 2026 - 22:34 UTC

  Colombia's government confirms El Niño will be among the most intense since 1950

  

  Colombia's Environment Ministry confirmed on Thursday that the El Niño phenomenon arrived about three months earlier than expected and that, if projections hold, it will be one of the “most intense recorded since 1950,” according to data from the Institute of Hydrology, Meteorology and Environmental Studies (Ideam). The agency said the conditions associated with the phenomenon —which warms ocean waters above normal— are already present in the equatorial Pacific.