Energy & Oil

Wednesday, January 15th 2014 - 07:11 UTC
New EPA rule requires chemical disclosure for offshore fracking

$Governor Jerry Brown does not support a ban on fracking and insists the new law is rigorous.$

By. Nick Cunningham of Oilprice.com - The U.S. Environmental Protection Agency published a rule on January 9, 2014 requiring oil and gas companies using hydraulic fracturing off the coast of California to disclose the chemicals they discharge into the ocean. Oil and gas companies have been fracking offshore California for perhaps as long as two decades, but they largely flew under the radar until recently.
Tuesday, January 14th 2014 - 07:23 UTC
Prison sentences for those who drill for oil in Malvinas waters, warns Argentina

”Argentina will defend its claim” over the Malvinas Islands and companies drilling for oil off the coast of the contested resource-rich archipelago “will not only face administrative consequences but also prison sentences” warned Daniel Filmus, head of Argentina's recently created Malvinas Islands Secretariat, in an interview with The Guardian.
Friday, January 10th 2014 - 06:46 UTC
Falklands oil industry will have its 'Made in USA' dock facility in Stanley harbor

The Falkland Islands budding oil and gas industry advanced a further step this week when the Falklands' Planning and Building Committee gave planning permission to a temporary dock facility (TDF) in Stanley harbor that will provide logistics support to exploration drilling.
Thursday, January 9th 2014 - 18:45 UTC
Violence threatens to thwart Iraqi oil resurgence

By Nicholas Cunningham - A wave of violence has swept parts of Iraq at the start of 2014 as the central government fights back against Al-Qaeda aligned militants in Anbar Province. The Islamic State of Iraq and the Levant (ISIL) reportedly took control of Ramadi and Fallujah, bombing police headquarters and killing dozens.
Wednesday, January 8th 2014 - 05:58 UTC
Germany's Wintershall joins Patagonia's Vaca Muerta shale gas and oil rush

Germany's Wintershall signed on Tuesday a farm-in contract with the Argentine Patagonia province of Neuquén to explore Vaca Muerta’s shale gas and oil field. Under the terms of the joint-venture agreement Wintershall together with Gas & Petroleo de Neuquen will explore and develop the Aguada Federal block and are committed to invest 80 million Euros.
Wednesday, January 8th 2014 - 05:34 UTC
When talking fuel, Mexico and Argentina the better off; Colombia and Uruguay bottom of the list

Taking as reference the ratio between the average salary and the price of gasoline in six Latam countries, Mexican and Argentine consumers are the better off when it comes to filling up the tank while for Uruguay and Colombia the ratio is the least favorable.
Sunday, January 5th 2014 - 13:07 UTC
Falklands looks to South America and Scotland to service its oil industry development

Successful trade missions to Uruguay and Chile and the growing support and know-how links with Scotland for the development of the Falkland Islands oil and gas industry were mentioned as some of the 2013 highlights by Roger Spink, president of the Falklands Chamber of Commerce in his Christmas speech.
Friday, January 3rd 2014 - 23:12 UTC
Brazil oil and gas production in November averaged 2.578 million boepd

Brazil's oil and natural gas output rose 2.87% in November compared with the same month a year earlier as new oil fields came on line and platforms under maintenance returned to operation, Brazil's oil regulator, the ANP, said on Friday.
Thursday, January 2nd 2014 - 18:21 UTC
Falklands 2014 oil industry major focus: how to develop the Sea Lion discovery

After a busy 2011 and 2012, 2013 was a relatively quiet year for exploration around the Falkland Islands in the South Atlantic Ocean. The various companies involved in the region's nascent oil and gas industry preferred to spend the year focusing on seismic data acquisition campaigns and consolidating some of their assets.
Thursday, January 2nd 2014 - 15:35 UTC
New Year in Argentina brings: hikes in urban transport and fuel and promises of a capped basket

New Year arrived in Argentina with much needed rainfall relief, but also with a hefty increase in urban transport fares, the same with fuel prices at the pump and the promise of a list of 200 products included in a price agreement with the county’s major supermarkets and retailers.