Energy & Oil

Friday, July 20th 2012 - 07:59 UTC
US solar companies can compete with China with a bit of innovation

The US solar industry is undergoing some serious growing pains, with bankruptcies and mergers a necessary part of that process; meanwhile, competition from Chinese solar panels has many believing that American solar simply cannot compete. Not so.
Friday, July 20th 2012 - 07:53 UTC
Repsol sells 540 million dollars in assets in Chile as part of divestment program

Spain’s Repsol said on Thursday it has reached an agreement with a consortium of Chilean investors, led by LarrainVial, for the sale of 100% of its subsidiary Repsol Butano Chile for approximately 540 million dollars.
Thursday, July 19th 2012 - 08:23 UTC
Bolivia agrees to sell more gas to Argentina under an ‘interruptible’ contract

Argentina and Bolivia signed on Wednesday new agreements to increase the sale of Bolivian natural gas to its southern neighbour but the controversial issue of a price review went unnoticed.
Thursday, July 19th 2012 - 07:58 UTC
US oil companies interested in investing in YPF, but have their conditions…

At least four leading US oil corporations are interested in investing in Argentina’s nationalized YPF but are demanding a law that guarantees investments, direct export of oil and remittance of benefits.
Wednesday, July 18th 2012 - 08:18 UTC
“New” YPF first shareholders’ meeting turns dividends into investment fund

Argentina’s seized oil and gas corporation YPF drastically cut dividend payments and created an investment fund following the first shareholders meeting since the nationalization by President Cristina Fernandez.
Tuesday, July 17th 2012 - 19:21 UTC
YPF contracting “outstanding professionals” to develop technology department

Argentina’s nationalized oil and gas corporation YPF announced the incorporation to its staff of two “outstanding professionals” for its technology department, Bernard Gremillet and Gustavo Bianchi, which at some time belonged to the company but had left for personal reasons.
Tuesday, July 17th 2012 - 04:55 UTC
Premier Oil Falklands’ deal has full support from Foreign Office and markets

Britain's Premier Oil which reached a 1 billion dollars deal to farm in and develop Rockhopper Exploration oil and gas discoveries in the Falkland Islands took advice from the Foreign Office before closing the deal, according to UK media.
Tuesday, July 17th 2012 - 04:51 UTC
Argentina warns UK company over involvement in Falklands’ oil production

Argentina will take legal actions against Britain's Premier Oil after the company agreed to invest 1 billion dollars to help develop an oil field off the disputed Falkland Islands, Argentina's Foreign Ministry said on Monday.
Monday, July 16th 2012 - 15:09 UTC
Disappointing results from oil drilling to the south of the Falklands

Borders & Southern Petroleum reported on Monday disappointing results in the Falkland Islands from the latest well to be drilled as part of the controversial search for oil in the South Atlantic islands over which Argentina claims sovereignty.
Saturday, July 14th 2012 - 00:36 UTC
Argentine province reviewing BP operating licence in main oil field

Argentina’s Chubut province is reviewing the operating license of BP Plc main oil field in the country and may revoke it, the provincial oil minister said. The review started after operations were interrupted last month for over three weeks during a workers’ protest, Minister Ezequiel Cufre said in an interview in Buenos Aires.