Energy & Oil

Thursday, December 11th 2025 - 10:24 UTC
First step for “Falkland Islands as an oil and gas producing region,” BOR Petroleum

Borders & Southern Petroleum plc (AIM:BOR) said that the Navitas/Rockhopper on its final investment decision (FID) for the Sea Lion development project represents the first step toward establishing the Falkland Islands as an oil and gas producing region.
Thursday, December 11th 2025 - 10:11 UTC
US seizes oil tanker off Venezuelan shores

The United States seized a large oil tanker in international waters off the coast of Venezuela on Wednesday in a high-stakes maritime operation, marking a significant escalation in the pressure campaign against the Bolivarian regime of Nicolás Maduro.
Monday, December 8th 2025 - 09:39 UTC
Uruguay buying Argentine gas to supply electricity plant

Uruguay's state-owned electric company, UTE, has formalized an agreement with Gasoducto Cruz del Sur to supply natural gas from Argentina, thereby significantly reducing generation costs.
Monday, December 8th 2025 - 09:02 UTC
Falklands’ oil development, Navitas has contracted a floating production vessel, UK media

The UK media is reporting that Navitas, the lead operator of the Falkland Islands Sea Lion field, has told investors it has signed contracts to move the Aoka Mizu floating production vessel from Shetland to the South Atlantic and plans a formal “final investment decision” this month.
Friday, December 5th 2025 - 09:14 UTC
Chile's ENAP to get oil supply from Vaca Muerta through Trans-Andean pipeline

Chile's State-owned oil company, Empresa Nacional del Petróleo (Enap), has finalized a colossal import deal worth US$12 billion with major Argentine energy producers, securing a critical long-term supply from the Vaca Muerta unconventional field.
Thursday, December 4th 2025 - 11:28 UTC
World Bank grants loan to Uruguayan green hydrogen project

The World Bank Group's International Finance Corporation (IFC), has announced its first global investment in green hydrogen, providing a U$20 million loan to the Kahirós project in Uruguay.
Thursday, December 4th 2025 - 07:13 UTC
Another massive blackout in Cuba: on average, the grid can supply 50/70% of demand

Cuba suffered another massive power outage after a partial collapse of the electrical grid early on Wednesday. Havana and many of the western provinces are without power, according to a state media reporter who spoke with Reuters.
Wednesday, December 3rd 2025 - 11:16 UTC
Brazil clinches export clearances with Philippines, Guatemala, and Nicaragua

Brazilian authorities have completed negotiations with the Philippines, Guatemala, and Nicaragua to expand agricultural exports to these countries after reaching an understanding on sanitary and phytosanitary requirements.
Monday, December 1st 2025 - 10:52 UTC
Uruguay okays deepwater explorations to seek oil

The Uruguayan Government of President Yamandú Orsi has greenlighted the so-called seismic exploration for oil in the country's territorial waters to the companies APA, PGS, CGG, and Searcher. The decision spurred controversies among environmentalist groups.
Tuesday, November 18th 2025 - 20:21 UTC
Brazil: New oil reserves found in Campos Basin

Brazil's state-run oil company Petrobras announced this week the discovery of an oil reservoir in the Campos Basin, off the coast of Rio de Janeiro. As per initial assessments, the oil found is of “excellent quality.”