Energy & Oil

• Thursday, November 8th 2018 - 07:11 UTC

  US to review antidumping duties on biodiesel imported from Argentina

  

  The U.S. Commerce Department said it would begin a review of antidumping duties it placed last year on biodiesel imported from Argentina, the Argentine Foreign Ministry said in a statement on Wednesday.

• Tuesday, November 6th 2018 - 08:44 UTC

  Oil market cautious as US punitive sanctions on Iran become effective

  

  Oil prices were mixed on Monday after a steep five-day fall, as the United States formally imposed punitive sanctions on Iran but granted eight countries temporary waivers allowing them to keep buying oil from the Islamic Republic. The sanctions are part of U.S. President Donald Trump’s effort to curb Iran’s missile and nuclear programs and diminish its influence in the Middle East.

• Sunday, November 4th 2018 - 15:02 UTC

  Fuel goes up 7% in Argentina, 14th increase in 2018 to reach a total 65% this year

  

  The retail price of fuel went up around seven percent this weekend in Argentina, for an aggregate 65 percent yearly rise that led impoverished consumers to use other transport means to make up for it.

• Saturday, November 3rd 2018 - 08:40 UTC

  Bolivia delivering smaller volumes of gas to Argentina than set forth in the contract

  

  Bolivia's Hydrocarbons Minister Luis Alberto Sánchez Friday admitted that gas deliveries to Argentina are kept at an average of 10 million cubic metres per day (MMm3d), far below the 17.2 MMm3d agreed upon in the contract

• Saturday, November 3rd 2018 - 08:24 UTC

  Fracking shale gas flows in UK, but controversy over earth tremors intensifies

  

  Shale gas has flowed for the first time at the UK's only fracking site currently in operation, energy firm Cuadrilla says. Operations began at the Lancashire site in October for the first time since 2011 when it was suspended because of earth tremors. There have been suspensions of the renewed underground drilling operations after further tremors in the area.

• Wednesday, October 31st 2018 - 08:23 UTC

  Argentina resumes natural gas export to Chile after twelve years

  

  Argentina has begun exporting natural gas to Chile after a 12 year interlude, Chilean President Sebastian Piñera said on Tuesday, as the two neighboring countries seek to increasingly integrate their energy supply and electricity grids.

• Tuesday, October 30th 2018 - 17:14 UTC

  Bolivia's YPFB must be more competitive to negotiate gas with Brazil

  

  Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) needs to lay out a more competitive plan in terms of prices and delivery methods if it is to negotiate the sale of gas to private Brazilian companies in an adverse political context, according to former minister and hydrocarbons specialist Álvaro Ríos.

• Tuesday, October 30th 2018 - 08:45 UTC

  YPF plans US$ 4bn annual investment in oil and gas production

  

  Argentina's state-controlled oil company, YPF, will significantly boost oil and gas production, investing between US$4 and US$ 5 billion per year through 2022, Chief Executive Daniel Gonzalez said. The plan is to raise production by between 5and 7% per year, with the largest increase in the Vaca Muerta formation, one of the world's largest reserves of shale oil and gas.

• Sunday, October 28th 2018 - 19:25 UTC

  Argentina seeks extension on due Bolivian gas bills

  

  Argentina's cooking gas company Integración Energética Argentina S.A. (formerly Enarsa) has asked Bolivia's Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) for an extension to pay up the bills for the past two months plus interests due since 2007, it was reported.

• Saturday, October 27th 2018 - 08:35 UTC

  Shale gas fracking suspended in UK following an earthquake

  

  Operations have been suspended at the UK's only active shale gas fracking site following an earthquake - just 11 days after it was given the go ahead. Energy firm Cuadrilla said it would halt fracking at the Lancashire site for 18 hours after a tremor of 0.8 magnitude was recorded.