Energy & Oil

Thursday, April 17th 2008 - 21:00 UTC
YPF oil and gas reserves down 20% in two years

Spain's Repsol YPF revealed Wednesday in an official document that the company's oil and gas proven reserves in Argentina had dropped 20.3% in the course of two years.
Thursday, April 17th 2008 - 21:00 UTC
Petrobras oil and gas production: 2.1 million bpd in March

Petrobras, Brazil's government managed hydrocarbons corporation, increased oil and gas production an average 1.4% during March reaching 2,114,089 barrels of oil equivalent per day (boe).
Tuesday, April 15th 2008 - 21:00 UTC
Renewed Chinese interest in Repsol Latinamerican assets

China National Petroleum Corp may bid for the Latin American assets of Repsol YPF if the Spanish group decides to offer them again for sale, the South China Morning Post reported on Monday citing sources.
Tuesday, April 15th 2008 - 21:00 UTC
Scientists call for radical changes in food production

A United Nations-backed group of over 400 scientists are calling for a radical change to the way the world grows food to better serve the poor and hungry and to protect the planet's resources.
Tuesday, April 15th 2008 - 21:00 UTC
Chinese investment fund purchases 1% of BP for a billion £

China has spent a billion pounds buying a 1% stake in BP, the UK's largest company by market value. The investment was made by the State Administration of Foreign Exchange, a unit of the Central Bank managing 1.6 trillion US dollars in foreign exchange reserves.
Monday, April 14th 2008 - 21:00 UTC
Sniffs of another major oil discovery offshore Brazil

Brazil's government managed oil corporation Petrobras said late Monday that more conclusive data on the Carioca ultra deep pre salt basin discovery potential “will only be known after other phases in the assessment process have been completed”.
Monday, April 14th 2008 - 21:00 UTC
Massive production of bio-fuels: “crime against humanity”

Massive production of bio-fuels is “a crime against humanity” because of its impact on global food prices, said on Monday United Nations Special Rapporteur for the Right to Food, Jean Ziegler.
Wednesday, April 9th 2008 - 21:00 UTC
Chile and England have the highest wave energy potential

Chile is the country with the highest wave energy potential in the world, the British engineering consultant Baird & Associates reported last week. According to company officials, wave energy along Chile's coast can satisfy up to 24% of the country's energy demand in summer and 26% in winter.
Tuesday, April 8th 2008 - 21:00 UTC
Chilean Patagonia dams controversy reaches NY Times

Another controversy has erupted in The New York Times involving Chile and a project to build hydroelectric dams in Patagonia, an initiative which is being questioned by international environmentalists groups.
Monday, April 7th 2008 - 21:00 UTC
Aerial target technology first deployed in Falklands

The first operational deployment of the Combined Aerial Target Service, CATS is scheduled to be shipped this month to the Falkland Islands garrison where they will be used to train British Army ground based air defense units stationed in the Islands reports Technology News Daily, TND.