Energy & Oil

Tuesday, March 27th 2007 - 21:00 UTC
Brazil/Italy agree on bio-fuels and “energy strategy”

Brazil's Petrobras and Italy's ENI energy companies signed Tuesday an agreement in Sao Paulo, Brazil, to develop and commercialize bio-fuels technology and announced plans to build four bio-diesel plants in Brazil.
Monday, March 26th 2007 - 21:00 UTC
Lula da Silva/Bush to discuss world trade and Biofuels

Brazil's president said on Monday he will ask President Bush to help advance global trade talks when he visits Washington this week.
Thursday, March 22nd 2007 - 21:00 UTC
Petrobras backs from criticism of Argentina's energy policy

The Argentine government rejected this week calls from the head of Brazil's government owned oil company, Petrobras, for changes in energy pricing in Argentina, where gasoline and diesel prices have been virtually frozen for more than four years.
Tuesday, March 20th 2007 - 21:00 UTC
Bio-fuels top of US Treasury secretary agenda in Latam

United States Treasury Secretary Henry Paulson arrived in Guatemala Monday vowing to back efforts to expand the benefits of free trade, combat poverty and promote bio-fuels such as ethanol.
Monday, March 19th 2007 - 21:00 UTC
A natural gas OPEC, or an attempt to scare markets?

Five of the world's leading producers of natural gas, Venezuela, Algiers, Qatar, Iran and Russia will be launching the “gas OPEC” during the next energy conference scheduled for April 9 in Doha according to a report from the Russian newspaper Kommersant, quoting Arab diplomatic sources.
Saturday, March 10th 2007 - 21:00 UTC
Winter time in Chile: clocks 60 minutes back

At one o'clock Sunday, March 10th, Chileans will have to set clocks sixty minutes back officially signaling the beginning of winter time.
Thursday, March 8th 2007 - 21:00 UTC
Peru begins work on a 'petrochemical pole'

Peru's government owned oil company Petroperu signed memorandums of understanding with a French firm to build a 500 million US dollars gas pipeline and with a Brazilian company to construct 2.8 billion in petrochemical projects.
Thursday, March 8th 2007 - 21:00 UTC
Bachelet's Chile (until 2010), will not have nuclear power

Six days after Chile's government announced a committee to investigate the feasibility of nuclear power, Mining and Energy Minister Karen Poniachik said this week that no nuclear program would start during President Michelle Bachelet's term. The committee's study, costing 200.000 US dollars, will however go ahead.
Tuesday, March 6th 2007 - 21:00 UTC
Petrobras and Japan sign bio-fuels memorandum

Brazil's government managed oil company Petrobras and the Japan Bank for International Cooperation signed Monday in Rio do Janeiro a memorandum of understanding on bio-fuels announced Monday, Petrobras.
Tuesday, March 6th 2007 - 21:00 UTC
Rockhopper Exploration plc: Placing to raise up to GBP1.32 million

Rockhopper Exploration plc (the “Company”) is pleased to announce a placing (the “Placing”) of up to 3,588,700 new ordinary shares (the “Placing Shares”) at a subscription price of 37 pence each (the “Placing Price”) by Teather & Greenwood Limited with institutional and other investors to raise up to £1,328,000 (before expenses).