Energy & Oil

• Friday, April 25th 2014 - 06:04 UTC

  After a long debate, Argentine Congress approves Repsol/YPF agreement terms

  

  After a 16-hour debate, Argentina's Lower House passed the law to pay Spanish Repsol 5 billion dollars in bonds to compensate for the 2012 seizure of a majority stake in Argentina's energy company YPF.

• Monday, April 21st 2014 - 07:19 UTC

  Gibraltar blackout on Sunday afternoon as fire breaks out in main power station

  

  A fire in the Waterport power station left most of Gibraltar without electricity on Sunday afternoon, reports the Gibraltar Chronicle. Police urged residents in the area to close their windows as thick black smoke billowed from the power station, though no one was injured in the incident.

• Monday, April 21st 2014 - 07:13 UTC

  Argentine experiment to catch livestock's flatulence and convert it into energy

  

  Argentina's National Institute for Agricultural Technology (INTA) has invented a way to convert cow flatulence into usable energy, and it involves putting a plastic backpack on a cow. Livestock are responsible for a remarkable amount of global methane emissions, which are a major cause of global warming.

• Wednesday, April 16th 2014 - 10:01 UTC

  Ukraine falling to economic warfare and its own missteps

  

  As protests in Ukraine's eastern region turned violent on Sunday leading to the death of a Ukrainian security officer in a shootout with pro-Russian militia, Kiev threatens military action while Moscow flexes its geo-economic warfare muscles.

• Saturday, April 12th 2014 - 08:59 UTC

  Brazilian police investigation into money laundering includes Petrobras

  

  Brazil's Federal police confirmed on Friday that it had orders from a Parana federal judge to raid Petrobras offices in search of documentation related to an alleged major money laundering scheme but it was not necessary because of the collaboration from the country's largest oil and gas corporation officials.

• Saturday, April 12th 2014 - 08:45 UTC

  Oil race fuels new Falklands chapter

  

  The following article from the Sydney Morning Herald was written by Chris Zappone, who recently visited the Falkland Islands as a guest of the local government and the Foreign Office.The Falkland Islands are not an easy place to reach. Flights come only weekly. Cruise ships making the trip brave frigid seas, freezing nights and recently, harassment from Argentine dockworkers.

• Friday, April 11th 2014 - 08:19 UTC

  Chevron and YPF unveil plans to invest another 1.6bn in Vaca Muerta shale

  

  US oil giant Chevron and state-controlled YPF unveiled plans Thursday to spend another 1.6 billion dollars to develop Argentina's Vaca Muerta shale formation for oil and gas projects. The investment comes on top of 1.2 billion Chevron agreed to spend last year for a shale pilot project.

• Wednesday, April 9th 2014 - 19:44 UTC

  Renewable energy keeps advancing despite a drop in overall investment

  

  Renewable energy's share of world electricity generation continued its steady climb last year despite a 14% drop in investments to 214.4 billion dollars, according to a new report released on Monday and produced by the Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance, the United Nations Environment Program (UNEP) and Bloomberg New Energy Finance.

• Tuesday, April 8th 2014 - 22:05 UTC

  Falklands fiscal regime and stability remain attractive for oil and gas industry

  

  With the Falkland Islands' upstream oil and gas industry still in its infancy, the country's attractive fiscal regime, which boasts a low government take, is expected to remain stable through the short and medium term, says a new report from research and consulting firm GlobalData.

• Tuesday, April 8th 2014 - 19:10 UTC

  China and East Asia expected to grow at slower pace this year, says World Bank

  

  The World Bank has trimmed its growth forecast slightly for China, citing a “bumpy start to the year”. It now expects the Chinese economy to grow by 7.6% in 2014, down from its earlier projection of 7.7%. A slew of disappointing figures has triggered concerns of a slowdown in the world's second-largest economy.