Energy & Oil

Thursday, January 16th 2020 - 08:49 UTC
Brazil planning to sell assets worth some US$ 36,3 billion during this fiscal year

Brazil hopes to sell assets worth 150 billion reais (US$ 36.33 billion) in 2020, privatizations secretary Salim Mattar said, adding that the focus this year will be on selling subsidiaries of Centrais Eletricas Brasileiras SA (ELET6.SA).
Tuesday, January 14th 2020 - 09:55 UTC
Brazil pushing ahead with plan to allow mining on tribal lands

Brazil’s government said it was pushing ahead with plans to allow mining on tribal lands, briefing European diplomats on proposals that have drawn criticism from indigenous advocates in Brazil and overseas.
Tuesday, January 14th 2020 - 09:50 UTC
Chile's oil company ENAP faces sanctions for hydro-fracking in Tierra del Fuego

$The country’s environmental superintendent (the SMA) said ENAP had failed to follow protocols in its permits for so-called “hydro-fracking” activities$

Chile’s environmental regulator on Monday charged state oil company ENAP with improper fracking in Tierra del Fuego, a wild, largely unpopulated region at the southern fringe of the South American continent.
Saturday, January 11th 2020 - 10:02 UTC
Brazil opens pipeline to allow Bolivian company to sell gas

The Brazilian government authorized Bolivian oil and gas company YPFB to use the Gasbol pipeline to sell gas to other companies in Brazil beyond state-run oil firm Petrobras, according to a publication on Friday in the official gazette.
Saturday, January 11th 2020 - 09:56 UTC
Major oil discovery offshore Suriname next to Guyana's prolific Stabroek's block

Apache Corp and Total SA announced they had made a major oil discovery in a closely watched area off the coast of South America’s Suriname, sending Apache’s shares surging nearly 27%.
Wednesday, January 8th 2020 - 09:44 UTC
Falklands' Sea Lion project reaches farm-in deal with Tel Aviv listed Navitas

Rockhopper Exploration PLC on Tuesday said it has signed a milestone farm-in deal at the Sea Lion project in the Falkland Islands. Rockhopper shares were 30% higher in early trade in London at a price of 19.44 pence each. Premier was 13% higher at 114.62p.
Tuesday, January 7th 2020 - 09:36 UTC
Israel nuclear power: Netanyahu slip of the tongue or subtle warning

In an apparent slip of the tongue, Prime Minister Benjamin Netanyahu described Israel as a nuclear power before correcting himself with a bashful nod and an embarrassed smile.
Tuesday, January 7th 2020 - 09:08 UTC
Brazil: mining company agrees to compensation for 17.000 relocations in a capital city

Brazilian petrochemical producer Braskem SA has agreed to a 2.7 billion reais (US$ 667 million) settlement with federal and state authorities in the northeastern state of Alagoas to cover damage caused by a salt mining project there.
Friday, January 3rd 2020 - 09:50 UTC
Falklands releases the socio-economic impact of oil and gas development in the Islands

The socio-economic impact of oil and gas development in the Falkland Islands has been the subject of a Government report. This is in anticipation of significant economic activity that will be generated by the potential development of the Sea Lion oilfield as well as planned capital projects.
Tuesday, December 31st 2019 - 13:15 UTC
On request from Alberto Fernandez, YPF rolls back a 5% increase in fuel prices

Argentine president Alberto Fernandez asked the state-managed oil company YPF to roll back a 5% increase on fuels scheduled to become effective, January first, and which would have a major impact on inflation and food prices.