Energy & Oil

• Friday, June 1st 2007 - 21:00 UTC

  Chile invites corporations to look for oil and gas in Magallanes

  

  Next week Chile will officially invite international corporations to participate in the exploration and production of hydrocarbons in the Magallanes Region. Chilean Minister of Mines Karen Pniachik will be in Punta Arenas for the opening ceremony.

• Thursday, May 31st 2007 - 21:00 UTC

  Shipments to Chile resumed

  Argentina resumed shipments of crucial natural gas to Chile's populous central region yesterday, Chilean energy officials said, easing fears that an acute energy shortage could worsen.

• Wednesday, May 30th 2007 - 21:00 UTC

  Record demand collapses Bs As natural gas system

  

  Private car owners and taxi drivers waited patiently in long queues early Wednesday morning in Buenos Aires, hoping to load their fuel tanks although most compressed natural gas CNG stations remained closed or working with an only pump.

• Wednesday, May 30th 2007 - 21:00 UTC

  Uruguay will survey continental shelf for hydrocarbons

  

  Uruguay's government owned oil corporation Ancap signed this week a contract with Norway's Wavefield Inseis ASA for the seismic surveying of the country's continental shelf including deep and very deep waters.

• Tuesday, May 29th 2007 - 21:00 UTC

  Chile's gas crisis intensifies

  Chile is looking to acquire Uruguay's unused natural gas permits with Argentina in order to secure a steady supply of gas for Santiago. This proposal comes on the heels of an intensifying energy crisis, with the country's capital city facing possible residential and commercial gas cuts.

• Wednesday, May 23rd 2007 - 21:00 UTC

  US gasoline prices have not yet reached the 1980/1981 record

  The average price of regular gasoline has reached a new record in United States but adjusted to inflation and linked to the GDP, the bill is still lower than that of 1981, according to the US Energy Information agency, EIA.

• Tuesday, May 22nd 2007 - 21:00 UTC

  Energy topped Lula's controversial visit to Paraguay

  

  Brazilian president Lula da Silva one day visit to Paraguay to sign several bilateral agreements and officially inaugurate the expanded capacity of the huge bi-national Itaipu dam along the Parana river was signaled by strong criticism from the local press.

• Tuesday, May 22nd 2007 - 21:00 UTC

  Green light in Brazil to build a third nuclear plant

  

  Brazilian President Luiz Inacio Lula da Silva has given the green light to build a long-delayed third nuclear plant in Brazil, reported the Sao Paulo press.

• Wednesday, May 16th 2007 - 21:00 UTC

  Falkland Oil and Gas Limited. Annual General Meeting

  The following statement will be made by FOGL's Chairman, Richard Liddell, at the Company's Annual General Meeting to be held today:

• Wednesday, May 16th 2007 - 21:00 UTC

  Repsol confirms Argentine partners for YPF subsidiary

  

  Spanish oil company Repsol YPF is interested in finding a local minority partner in its Argentine YPF subsidiary, Repsol YPF president Antonio Brufau said at a company shareholder meeting. The stake could be from 15-20% of YPF, which is valued at roughly 18 billion US dollars.