Energy & Oil

• Thursday, September 29th 2011 - 16:03 UTC

  Argentina leader in use of nuclear power for peaceful purposes, says CFK

  

  President Cristina Fernández de Kirchner (CFK) opened on Wednesday the country’s third nuclear plant Atucha II, in the Greater Buenos Aires district of Zárate, and highlighted the fact that “Argentina is leader in the use of nuclear power for peaceful purposes.”

• Thursday, September 29th 2011 - 06:09 UTC

  Brazilian judge orders halt to construction of third largest dam in the world

  

  A judge in Brazil has ordered a halt to construction of a multi-billion-dollar dam project in the Amazon region. Judge Carlos Castro Martins barred any work that would interfere with the natural flow of the Xingu river.

• Wednesday, September 28th 2011 - 22:18 UTC

  Falklands’ Argos needs additional capital for drilling set to begin at end of year

  

  Falklands based Argos Resources expects to drill its first well on license PL001 in the North Falkland basin in late-2011 or early-2012, using the semi submersible rig Ocean Guardian, currently operating in the Islands’ waters.

• Monday, September 26th 2011 - 17:02 UTC

  Falklands’ Rockhopper spuds new well and plans another drilling slot

  

  Rockhopper Exploration is in talks with Diamond Offshore about lining up another drilling slot as it spuds a well off the Falkland Islands. Diamond Offshore are the owners of the Ocean Guarding drilling rig contracted by Desire Petroleum and involved in the current hydrocarbons exploration round.

• Monday, September 26th 2011 - 03:58 UTC

  Huge blackout exposes vulnerability of world’s main copper supplier energy grid

  

  A massive power blackout on Saturday paralyzed crucial copper mines in Chile and darkened vast swaths of the country including the capital Santiago before energy started to be restored, officials said.

• Friday, September 23rd 2011 - 07:57 UTC

  Uruguay’s second oil licensing round triggers greater expressions of interest

  

  Uruguay's government oil corporation Ancap has received expressions of interest from at least 10 foreign companies for 15 offshore oil and gas exploration blocks it is offering in its second licensing round, a company official said in Geneva.

• Thursday, September 22nd 2011 - 08:27 UTC

  Petrobras confirms ultra-deep water Sergipe-Alagoas oil and gas province

  

  Brazilian major oil corporation Petrobras has discovered oil and natural gas accumulations in the ultra-deepwater of the Sergipe-Alagoas Basin offshore northeast Brazil.

• Wednesday, September 21st 2011 - 05:52 UTC

  Spanish oil company takes the lead in super-fast analysis of seismic data

  

  Spanish oil major Repsol-YPF and the Barcelona Supercomputing Centre launched this week their new joint research centre aimed at speeding the analysis of seismic data.

• Tuesday, September 20th 2011 - 00:46 UTC

  Petrobras begins pumping natural gas from first pre-salt field of Santos Basin

  

  Brazil's energy giant Petrobras began pumping natural gas from the offshore Santos Basin on the new 216-kilometer Lula-Mexilhao pipeline Friday, the company said Monday in a statement.

• Monday, September 19th 2011 - 20:57 UTC

  Another Falklands company ‘on schedule’ to drill for oil in the next six months

  

  Falkland Islands exploration company Argos Resources released Monday morning interim results and CEO Ian Thomson told investors that the group is on schedule to be ‘drill ready’ in late 2011/early 2012 to begin off-shore exploration activities in the South Atlantic British Territory.