Energy & Oil

• Saturday, September 30th 2023 - 09:58 UTC

  Falklands Rockhopper claims the oil company is in “its strongest position”

  

  The oil and gas exploration company with interests in the Falkland Islands, Rockhopper Exploration PLC, declared a pretax loss in the six months ended June 30 of US$ 2.6 million, from USD749,000 a year prior, as administrative expenses jumped 40% to 2.1 million pounds.

• Thursday, September 28th 2023 - 08:37 UTC

  UK implements a U-turn in climate policy and opens largest oilfields in North Sea to exploration and production

  

  The United Kingdom approved the exploration and exploitation of oil and gas in its largest undeveloped field, the North Sea Transition Authority, the responsible regulatory body said on Wednesday.

• Thursday, September 28th 2023 - 08:35 UTC

  Guyana: oil and time

  

  By Gwynne Dyer – Guyana is not a “hellhole country” of the sort Donald Trump complained about when he said he wanted immigrants to come to the US from white places like Norway instead, but it did used to be poor, tropical and largely populated by people of color.

• Monday, September 25th 2023 - 10:00 UTC

  Argentina insists Navitas Petroleum has a ban due to “illegal” operations in Falkland Islands

  

  Argentina has again complained that the Israeli company Navitas Petroleum LP is operating in the Falkland Islands, Malvinas Islands, involved in illegal activities in Argentine insular territory without the pertinent hydrocarbons exploration and exploitation permits from the competent authorities.

• Monday, September 25th 2023 - 09:55 UTC

  Uruguay's Ancap awards all offshore exploration licenses open for bids

  

  Uruguay's state-run oil company Ancap has awarded all seven offshore oil and gas exploration licenses open for bids to four foreign companies: YPF (Argentina), APA Corp (United States), and Shell and Challenger Energy Group (CEG) (United Kingdom), it was reported in Montevideo.

• Friday, September 22nd 2023 - 10:04 UTC

  Argentina releasing LPG trucks bound for Paraguay

  

  In the latest episode of the feud between Argentina and Paraguay, trucks carrying liquefied petroleum gas (LPG) bound for Asunción and detained by Argentine customs began to be released Thursday, it was reported, a week after barges carrying fuel were also detained for unpaid tolls on the Paraná River waterway.

• Wednesday, September 20th 2023 - 09:28 UTC

  Argos transferring its North Falkland Basin production license to JHI Associates

  

  Argos Resources Falklands said on Tuesday that the government of the Falkland Islands has agreed to the transfer of Argos's PL001 production license interests in the North Falkland Basin to JHI Associates based in Toronto, Canada.

• Wednesday, September 20th 2023 - 09:00 UTC

  French Total planning to drill for gas off shore Tierra del Fuego

  

  France's Total Vice-president said the company will start drilling at the Fenix field off the southern Argentine province of Tierra del Fuego in March 2024 and expects to start production the following November.

• Wednesday, September 20th 2023 - 08:05 UTC

  Tension between Argentina and Paraguay on the rise

  

  Tension between Argentina and Paraguay is on the rise after Economy Minister and presidential candidate Sergio Massa argued that his country had paid for the construction of the Yacyretá Dam between the 1980s and 1990s and was still owed “billions of dollars” for it.

• Thursday, September 14th 2023 - 10:53 UTC

  Argentina planning to become a major world exporter of natural gas

  

  Argentina’s government is focusing on stepping up exports of natural gas as production rises in the Vaca Muerta shale gas deposit, with the first goal to halt gas imports by 2024 or 2025 except at times of high winter demand, Energy Secretary Flavia Royon announced