Gold, bullion, and jewellery have become Bolivia's main export in the first eight months of this year totalling almost seven billion dollars, considerably higher than the US$ 4.213,4 of the same period in 2020, which represents a 65,4% increase, according to the official INE stats office.
Hoping to develop the Northern Sea Route across the Arctic into an international shipping lane, Russia is building a group of icebreakers to be powered with liquefied natural gas.
The Bolivian state-run oil company YPFB Monday notified Argentina that due to the taking over of some of its facilities in the hands of the groups leading to the overthrow of President Evo Morales, there could be problems with the supply of gas. But the Mauricio Macri administration sees no reason to fear shortages thanks to the reserves stocked, it was reported.
Argentina's government Friday allowed home gas suppliers to charge extra as of January 2019 to make up for the recent devaluation of the peso against the US dollar.
The U.S. Energy Department on Wednesday cleared the way for faster approval of small scale exports of natural gas including liquefied natural gas to Latin American countries by issuing a rule that does away with a public interest review of the shipments.
Argentina's state-run oil company YPF is disappointed by cuts to the government's natural gas production subsidies and will re-allocate investment toward crude oil production.
ExxonMobil is planning to speed up investment plans for shale gas drilling in Argentina’s prized Vaca Muerta formation in the Neuquen province. Exxon will start drilling Vaca Muerta in May, by drilling horizontal wells with laterals of 2,500-3,000 meters, Neuquen province governor Omar Gutierrez said this week.
Aubrey McClendon is gone – or at least he's on his way out from Chesapeake energy (CHK). But the destruction of the natural gas market, where he was the ringleader in the shale gas land grab and cratering well price, is his real legacy, and not likely to be recovered from anytime soon. While Aubrey will now go into a very wealthy retirement, he leaves behind a decimated market and a long road to making natural gas a true transition fuel to energy independence and a renewable future.
The chances for Uruguay of having significant commercial reserves of natural gas and oil are on the increase according to recent reports from US Energy and Geology agencies and published in the Montevideo press.
Argentina will receive this week two LNG cargoes from Spain's Gas Natural as it steps up purchases to meet rising demand in the face of falling temperatures, according to Argentine state owned energy company Enarsa sources.