Energy & Oil

Wednesday, January 17th 2018 - 22:37 UTC
Falklands' lawmaker in Guyana to discuss self determination and border controversies

Falkland Islands lawmaker MLA Ian Hansen made on Wednesday a courtesy call on Guyana's Minister of State Joseph Harmon at his office in the Ministry of Presidency, in Georgetown, the country's capital.
Wednesday, January 17th 2018 - 08:37 UTC
Uruguayan farmers surprise government and take to the roads to protest fiscal policies

Uruguayan farmers with their tractors, harvesters, trucks, vans and on horseback took to the roads to protest the cost of fuel, power, increased taxes and an over bloated national budget and bureaucracy which they blame for making several farm activities unprofitable, and have had an overall negative impact for the different camp activities.
Friday, January 12th 2018 - 07:39 UTC
Falklands: Rockhopper satisfied with advance of Sea Lion project

Rockhopper Exploration said the Sea Lion phase 1 project in the North Falkland Basin was moving towards sanction at the end of 2018. London-listed Rockhopper said project partners had been focusing on securing the US$1.5billion of capex required to achieve first oil.
Tuesday, January 9th 2018 - 10:08 UTC
Sixth major oil find offshore Guyana at the Stabroek block

For the sixth time Exxon and partners at the Stabroek block offshore Guyana are celebrating another major find in northern South American waters. In effect, Ranger-1 exploration well, the sixth find since discovering Liza in 2015, hit approximately 70m of high-quality, oil-bearing carbonate reservoirs some 60mi northwest of the Liza development.
Tuesday, January 9th 2018 - 09:50 UTC
Brazil moving to clean-energy: 51 wind farms planned with 1.450 MW

Siemens Gamesa Renewable Energy SA is in final negotiations to supply about 700 megawatts of wind turbines for power plants in Brazil. The deal are to supply equipment for projects that Voltalia SA, EDP Renovaveis SA, Enel Green Power SpA, and Neoenergia SA are developing in northeast Brazil. The orders are all for wind farms that won government-organized power auctions in December.
Monday, January 8th 2018 - 09:06 UTC
Brazil announces end of building big hydroelectric dams in Amazon basin

In a surprise move, the Brazilian government has announced that the era of building big hydroelectric dams in the Amazon basin, long criticized by environmentalists and indigenous groups, is ending.
Friday, January 5th 2018 - 11:05 UTC
Petrobras Brazilian shareholders demand similar payment as those in a class action lawsuit in US

Brazilian shareholders of state-controlled Petrobras are petitioning a Brazilian court to be paid on similar terms as those given to U.S. shareholders in a US$ 2.95 billion settlement, according to lawyers representing them.
Thursday, January 4th 2018 - 09:18 UTC
Petrobras agrees to pay US$ 2.95bn to settle class action suit in New York

Petrobras has agreed to pay US$2.95 billion to settle a class action suit in New York brought on behalf of investors harmed by a huge corruption scandal at the Brazilian state oil giant, the company said on Wednesday.
Wednesday, January 3rd 2018 - 10:05 UTC
“2017 was the safest year for aviation ever”

Airlines recorded zero accident deaths in commercial passenger jets last year, according to a Dutch consulting firm and an aviation safety group that tracks crashes, making 2017 the safest year on record for commercial air travel. Dutch aviation consulting firm To70 and the Aviation Safety Network both reported there were no commercial passenger jet fatalities in 2017.
Wednesday, January 3rd 2018 - 09:52 UTC
AI system beats cardiologists and oncologists in detecting heart diseases and lung cancer

Researchers at an Oxford hospital have developed artificial intelligence (AI) that can diagnose scans for heart disease and lung cancer. The systems will save billions of pounds by enabling the diseases to be picked up much earlier. The heart disease technology will start to be available to NHS hospitals for free this summer.