Energy & Oil

• Wednesday, October 16th 2019 - 18:35 UTC

  Russia eyeing a controlling stake in lithium project in Chile's Atacama desert

  

  Uranium One Group, a subsidiary of Russia’s state nuclear company Rosatom, may buy a controlling stake in a lithium project in Chile’s Atacama salt flat from Wealth Minerals Ltd, the Canada-listed company said on Tuesday.

• Wednesday, October 16th 2019 - 08:10 UTC

  A “ghost ship” smuggling Venezuelan oil probable cause of the massive spill along Brazilian northeast beaches

  

  A huge oil spill off Brazil's northeastern coast may have involved a “ghost ship” carrying Venezuelan oil in breach of US sanctions, a Petrobras expert close to the probe into the disaster said on Tuesday.

• Wednesday, October 16th 2019 - 07:27 UTC

  Brazil eyes a US$1.45 billion payday as big oil flocks to pre-salt

  

  Brazil expects to pocket some US$ 1.45 billion from the sixth round of oil and gas block licensing for the pre-salt zone offshore. Reuters reports, citing the special secretary to the Economy Ministry, Waldery Rodriguez, that the total minimum sum of signing bonuses for all the blocks that will be tendered on November 7th is US$ 1.9 billion.

• Monday, October 14th 2019 - 16:49 UTC

  Falklands oil industry warned by the Argentine government

  

  The recent announcements by Rockhopper PLC and Premier Oil referred to the development of the Sea Lion project in the Falkland Islands, have triggered a reaction from the Argentine foreign ministry.

• Friday, October 11th 2019 - 09:58 UTC

  Argentina: Oil industry fearful of tariffs' freezing as suggested by Alberto Fernandez advisors

  

  Argentina's front-running candidate for president, Alberto Fernandez, has been asked by advisors within his left-leaning coalition to freeze natural gas and power tariffs and to peg oil product prices to pesos instead of dollars as measures to contain inflation and spur economic growth.

• Friday, October 11th 2019 - 09:47 UTC

  Venezuela denies responsibility in the massive oil spill of Brazilian beaches

  

  Venezuela's state oil company PDVSA on Thursday denied accusations by Brazil that it was responsible for a massive oil spill that has polluted beaches on its northeastern Atlantic coast.

• Friday, October 11th 2019 - 09:44 UTC

  “Third world” blackouts in California to prevent deadly forest fires

  

  More than a million Californians were without electricity due to pre-emptive blackouts Thursday, but localized fires broke out as hot, windy conditions spread south toward Los Angeles.

• Wednesday, October 9th 2019 - 10:57 UTC

  Argentina extends exploration licenses to five oil companies in South Atlantic

  

  Argentina has awarded five oil companies licenses to explore for hydrocarbons offshore, in the country's continental shelf, in an area identified as the Argentine Sea, or South Atlantic, which basically extends between the continent and the Falkland Islands

• Tuesday, October 8th 2019 - 09:54 UTC

  Clashes in Ecuador as big march approaches Quito to protest rising fuel prices

  

  Hundreds of indigenous people and farmers clashed with Ecuadoran security forces on Monday as they marched toward the capital Quito to protest against rising fuel prices.

• Tuesday, October 8th 2019 - 09:18 UTC

  Brazil willing to open uranium deposits to private sector companies

  

  Brazil’s mines and energy minister, Bento Albuquerque, said the country expects to resume production at the country’s only uranium mine before the end of the year and would open the sector to private companies.