Energy & Oil

• Thursday, December 12th 2019 - 15:01 UTC

  Petrobras awards long-term FPSO contract to Dutch operators SBM Offshore

  

  The Dutch company SBM Offshore has been awarded a much-coveted long-term FPSO contract by Petrobras, it was announced Wednesday.

• Monday, December 2nd 2019 - 09:35 UTC

  Peru says the country is ready to responsibly begin mining uranium

  

  A representative from the Peruvian Ministry of Energy and Mines said this weekend that the country is ready to start mining uranium in the southern Puno region. During a workshop on uranium mining targeted at public service personnel, Martha Vásquez, head of the Mining Management Division at the ministry, said that the country is well-equipped to responsibly exploit the radioactive mineral.

• Monday, December 2nd 2019 - 09:19 UTC

  Russia the kingpin of the global gas sector; Putin launches “Power of Siberia” with China's Xi

  

  Russian President Vladimir Putin and Chinese leader Xi Jinping launched this Monday a gas pipeline that is the first of three ambitious projects intended to cement Moscow's role as top gas exporter.

• Monday, November 25th 2019 - 09:46 UTC

  Brazilian oil spill keeps advancing and has reached the north of Rio do Janeiro state

  

  Oil from a spill that has contaminated a stretch of Brazil's coast was detected in Rio de Janeiro state, the navy said over the weekend, as President Jair Bolsonaro warned the country was preparing for the worst.

• Saturday, November 23rd 2019 - 09:04 UTC

  Mexico's giant Pemex, remains world's most indebted oil company

  

  A Mexican government energy policy that gives more weight to state oil company Pemex could cause private sector investment to fall, an analyst with credit ratings agency Standard & Poor’s said on Friday.

• Wednesday, November 20th 2019 - 09:45 UTC

  Bolivian forces take control of major gas plant; crucial political discussions for a new election date

  

  Bolivian police and military forces used armoured vehicles and helicopters to clear access to a major gas plant in the city of El Alto on Tuesday, a show of strength after blockades at the facility had cut off fuel supply to nearby La Paz.

• Monday, November 18th 2019 - 09:58 UTC

  Bolivian surrounded cities running out of fuel and food; government attempts a supply air bridge

  

  Bolivians suffered long lines on the streets of La Paz on Sunday to secure chicken, eggs and cooking fuel as supporters of ousted President Evo Morales continued to cripple the country's highways, isolating population centers from lowland farms.

• Friday, November 15th 2019 - 09:45 UTC

  Germany and Brazil renew nuclear cooperation agreement; third nuclear plant to be built by 2026

  

  Germany's parliament, the Bundestag, on Thursday ignored pleas from the Green party to scrap a nuclear agreement with Brazil. “Our cooperation in this area has worked well for decades,” Parliamentary State Secretary for the Environment Rita Schwarzelühr-Sutter of the center-left Social Democratic Party (SPD) said. “There are currently no plans to cancel the agreement.”

• Friday, November 15th 2019 - 09:40 UTC

  First shipment of Vaca Muerta shale LNG to Brazil

  

  Argentine oil company YPF SA has sold its first commercial liquefied natural gas (LNG) cargo to Brazilian state energy firm Petrobras, according to media reports in Buenos Aires.

• Tuesday, November 12th 2019 - 21:05 UTC

  Bolivia warns Argentina of possible shortage in gas supply due to seizure of plants

  

  The Bolivian state-run oil company YPFB Monday notified Argentina that due to the taking over of some of its facilities in the hands of the groups leading to the overthrow of President Evo Morales, there could be problems with the supply of gas. But the Mauricio Macri administration sees no reason to fear shortages thanks to the reserves stocked, it was reported.