Energy & Oil

Wednesday, October 6th 2021 - 05:15 UTC
Argentina now sells gas to Chile and Brazil

Argentina is now in a position to sell gas to neighbouring Chile and Brazil thanks to the Gas Plan and Vaca Muerta's potential, it was announced.
Wednesday, October 6th 2021 - 05:09 UTC
Tension between France, UK escalates over fishing licenses vs. electricity supply

French authorities have warned they would cut power supply to the United Kingdom Tuesday in the latest episode of the English Channel fisheries saga, it was reported.
Tuesday, October 5th 2021 - 09:20 UTC
Falklands: Rockhopper targets lower costs for Sea Lion project and potential entry of Navitas Petroleum

Rockhopper Exploration presented on the last day of September its half-year interim report, which follows on the shock announcement from Harbour Energy that it will seek to exit the Sea Lion Project in the North Falkland Basin.
Saturday, October 2nd 2021 - 09:00 UTC
British Army to launch “Operation Escalin” to avert petrol shortages

The British Government finally decided to launch “Operation Escalin,” a deployment of Army staff to “start delivering fuel to pumps” in a move to avert shortages of petrol.
Thursday, September 30th 2021 - 09:08 UTC
Rockhopper hosting a retail investor meeting on Falklands' oil industry

Rockhopper Exploration plc (AIM: RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, confirms it will be hosting a retail investor meeting this Thursday, 30 September 2021.
Thursday, September 30th 2021 - 09:00 UTC
Can Argentina Finally Realize Its Oil Potential?

By Matthew Smith for Oilprice.com – For a decade, successive Argentine governments in Buenos Aires have enacted a range of policies aimed at reducing energy imports and exploiting the Latin American country’s vast hydrocarbon potential.
Tuesday, September 28th 2021 - 08:17 UTC
Fuel panic buying in UK; pool of Army truck drivers ready to fill the supply chain

A pool of British Army tanker drivers is on standby and to be deployed if required to deliver fuel, the UK government announced on Monday following chain supply pressure which has left many gasoline stations empty or rationing the little supply left.
Friday, September 24th 2021 - 09:12 UTC
Oil company lifts all South Atlantic operations, future of project in Falklands now reshaped

A hydrocarbon development project in the Falkland Islands faces new challenges following the announcement of one of the companies involved that it shall be lifting all South Atlantic operations.
Thursday, September 23rd 2021 - 15:34 UTC
US Court backs DOC change of mind regarding Argentine biodiesel trade

The United States Court of International Trade Wednesday upheld tariffs or Argentine biodiesel which ensued a redefinition by the Department of Commerce which had at first stood against them.
Wednesday, September 22nd 2021 - 08:30 UTC
Shell Oil is selling its US Permian assets to ConocoPhillips

By Irina Slav for Oilprice.com – Oil super-major Shell is leaving the Permian with a divestment worth close to US$10 billion. The company said it will sell its assets in the shale play to ConocoPhillips for a total price of US$9.5 billion.