Energy & Oil

Friday, November 4th 2022 - 10:08 UTC
Falklands fuel prices hit hard, triggers concern and a community solidarity spirit

Rumors of a hefty fuel hike were confirmed this week when the Falkland Islands supplier of commercial and domestic fuel Stanley Services Ltd released their fuel prices.
Wednesday, November 2nd 2022 - 10:30 UTC
Petrobras and partners make major oil discovery at Sépia offshore field

Petrobras and partners have made an oil discovery in the north-west of the Sépia oil field, offshore Brazil, some 250 kilometers from Rio do Janeiro, drilling the 4-BRSA-1386D-RJS (Pedunculo) well. The well, which was spudded in late July 2022, was drilled at a water depth of around 2,200m.
Wednesday, November 2nd 2022 - 10:10 UTC
Falklands' Rockhopper 200 million Euros award ruling which Italy is working to annul

Falkland Islands-linked Rockhopper Exploration said that Italy was working to annul the August ruling by an arbitration panel under which Italy has to pay 200 million Euros, plus interest, to Rockhopper for breaching its obligations related to the company's Ombrina Mare field in the Adriatic Sea.
Tuesday, November 1st 2022 - 22:10 UTC
Ancap workers resume jet fuel supply at Uruguayan airports

Fancap union leaders representing workers of Uruguay's state-run oil company Ancap Tuesday agreed to lift the strike they were staging following a meeting early Tuesday at the Labor Minister (MTSS) in Montevideo, it was announced.
Tuesday, November 1st 2022 - 10:19 UTC
Amid strike, Uruguay's Ancap secures jet fuel supply through imports

Uruguay's state-run oil company has imported jet fuel from Argentina to guarantee a normal supply to keep the international airports of Montevideo and Punta del Este operational amid a workers' strike, it was reported Monday.
Tuesday, November 1st 2022 - 09:57 UTC
Biden calls oil producers to lend a hand and share earnings

US President Joseph Biden Monday urged oil producers to stop “war profiteering,” after record gains amid rampant inflation and global crisis.
Monday, October 31st 2022 - 10:25 UTC
Energy security or clean energy: Germany dismantles wind farm to expand lignite coal mine

With winter around the corner and Europe giving priority to energy security over clean energy in German a wind farm is being dismantled to make way for an expansion of an open-pit lignite coal mine.
Saturday, October 29th 2022 - 09:41 UTC
Oil company to build solar farms in Argentine province of Mendoza

A leading oil company has pledged U$S 100 million to build two solar farms in the Argentine province of Mendoza, it was reported this week.
Thursday, October 27th 2022 - 10:10 UTC
Colombia, Mexico, Trinidad Tobago, Uruguay teams, winners of IDB Development Initiative

The Inter-American Development Bank (IDB) announced the four winners of the fifth Superheroes of Development contest, which rewards creative and innovative solutions used in development projects financed by the IDB, IDB Invest and IDB Lab (IDB Group) in Latin America and the Caribbean.
Thursday, October 27th 2022 - 09:38 UTC
Uruguayan customs to up smuggling controls

Uruguayan Customs is to seize any package over 5 kilos to protect traders in border towns, who suffer the consequences of the depreciation of the Argentine peso which makes shopping across the border more convenient, it was announced.