Energy & Oil

Thursday, February 19th 2009 - 20:00 UTC
Argentine farmers begin four day supply strike

Argentine farmers will halt sales of grains and livestock in a renewed protest against a tax on commodities exports and other government agricultural policies, farm leaders confirmed on Thursday.
Monday, February 16th 2009 - 20:00 UTC
Evo Morales in Moscow to sign gas development deal

Evo Morales has become the first Bolivian President to visit Russia, after touching down in Moscow on Sunday. Morales is expected to sign crucial natural gas cooperation agreements and seek aid to combat drugs.

The visit is also viewed as another sign of Russia's increased interest in Latin America.

Morales told reporters on Friday that he would discuss the immediate purchase of helicopters and loans of other aircraft to fight coca production when he visits Russia.
Monday, February 16th 2009 - 20:00 UTC
Royal Navy confirms nuclear armed subs mid Atlantic collision

The Royal Navy has confirmed that a British nuclear submarine collided with a French one in the middle of the Atlantic Ocean. The crash between HMS Vanguard and France's Le Triomphant - both carrying atomic weapons - is believed to have occurred on February 3 or 4.
Monday, February 16th 2009 - 20:00 UTC
Chile with World Bank support turns to wind energy

The World Bank Group is sponsoring with 61.5 million US dollars the construction of the first wind farm in Chile, advancing the development of renewable energy in Chile.
Thursday, February 12th 2009 - 20:00 UTC
UK oil industry warns of low prices effect on production

Industry group Oil & Gas UK said the combination of low oil prices and the freezing of capital markets will have a marked effect on exploration and development activity in the UK over the next 12-18 months.
Tuesday, February 10th 2009 - 20:00 UTC
Brazil's Petrobras may explore Uruguay oil

Brazil's PETROBRAS oil company was the first company to acquire the bid sheet for hydrocarbon exploration contracts in areas of the Uruguayan continental platform.
Tuesday, February 10th 2009 - 20:00 UTC
Colombia and S. Korea expand into Peruvian oil industry

Colombian state oil company Ecopetrol and its South Korean counterpart, Korea National Oil Corporation, have acquired Peruvian private oil firm Petro-Tech Peruana S.A. for 900 million US dollars.
Tuesday, February 10th 2009 - 20:00 UTC
Falklands Desire's green impact plan slightly delayed

Oil and gas exploration company Desire Petroleum Plc with licences to operate in the Falkland Islands said that the environmental impact assessment on two tranches in its southern licences in the North Falkland Basin was slightly behind schedule due to a delay in a sampling analysis results.
Tuesday, February 10th 2009 - 20:00 UTC
Bolivia and Gazprom sign long term gas development deal

Bolivia and Russia signed a long term agreement on investment and cooperation in the area of gas and petroleum research which is estimated could reach 3 billion US dollars, it was announced in La Paz.
Tuesday, February 10th 2009 - 20:00 UTC
Brazil electricity demand to increase 50% in ten years

Brazil needs to increase its electricity generation capacity by 50% over the next 10 years said Energy Minister Edson Lobao, who described the task as an “enormous challenge”.