Energy & Oil

• Saturday, August 10th 2013 - 01:58 UTC

  UK opens second largest offshore wind farm in the world

  

  Greater Gabbard wind farm, which is reportedly the second largest offshore wind farm in the world, costing £1.3 billion and generating enough clean electricity to power over half a million homes, was officially opened off the British coast of Suffolk by the Energy and Business Minister Michael Fallon.

• Monday, August 5th 2013 - 02:11 UTC

  Argentine economy conditioned by energy imports and subsidized fuels and power

  

  If the Argentine government does not manage to stabilize its energy balance, which is one of the main drains of US dollars, the ban on hard currency purchases, the barriers to imports and the growing obstacles to spend money overseas for Argentine travellers will continue and could worsen, according to Buenos Aires analysts.

• Saturday, August 3rd 2013 - 02:30 UTC

  Falklands: controversy with the private sector over oil and port policy

  

  A Falkland Islands government statement of policy principles on port location and oil infrastructure development passed at Executive Council last week has been met with opposing views from members of the private sector, reports the Penguin News.

• Saturday, August 3rd 2013 - 02:25 UTC

  Brazil’s oil and gas output up in June to 2.6 million boepd

  

  Brazil's total output oil and natural gas output rose in June, the first year-on-year increase in 15 months, as fields idled for repairs came back on line and new areas boosted production, Brazil's petroleum agency, the ANP, said on Friday.

• Saturday, August 3rd 2013 - 02:17 UTC

  Mexican government prepares sweeping reform for the energy sector

  

  Mexican President Enrique Peña Nieto has announced a sweeping energy reform, which is expected to include constitutional changes to lure private investment and boost output, will be presented to Congress next week

• Friday, August 2nd 2013 - 03:01 UTC

  Argentina’s energy challenges according to The Economist: Flogging a dead cow

  

  The Economist in its latest printed edition addresses Argentina’s challenges in the energy field including the seizure of a majority stake in YPF from Spain’s Repsol and the latest agreement with US oil company Chevron to exploit shale oil and gas.

• Wednesday, July 31st 2013 - 05:35 UTC

  Falklands' Sea Lion project outstands in Premier Oil exploration opportunities

  

  Premier Oil, the British North Sea's oldest company outside the oil majors, is turning away from the region for future exploration opportunities such as the Catcher and the Sea Lion project in the Falkland Islands, according to a report published by Reuters.

• Wednesday, July 31st 2013 - 05:26 UTC

  Canadian town evicts oil sands companies that helped it grow

  

  The Canadian town of Fort McMurray, population 76,000, is the heart of Alberta's oil sands largesse--but the town is bursting at its seams with nowhere to expand because the land surrounding it is owned by oil companies.

• Saturday, July 27th 2013 - 10:18 UTC

  Six key Oil & Gas discoveries of 2013: who's worth owning?

  

  By OilPrice.com Premium Analysts - The pace of oil and gas exploration is frightening, and discoveries are weekly, if not daily, with volumes investors would only have dreamt of a decade ago. With each new discovery, it becomes difficult to keep track of the playing field, and even more difficult to rank the potential.

• Saturday, July 27th 2013 - 05:11 UTC

  Repsol takes YPF/Chevron deal to World Bank’s Investment Disputes Centre

  

  Spanish oil company Repsol asked the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) to take provisional measures to prevent YPF state-owned oil company to execute the deal it sealed with Chevron last year to explore for unconventional hydrocarbons in the Vaca Muerta shale formation.