Tag: natural gas

• Wednesday, June 17th 2020 - 17:57 UTC

  Brazil temporarily lowers biodiesel content of diesel, given the strong demand from harvest time

  

  Brazil's National Petroleum Agency, ANP, temporarily reduced the volume of biodiesel blended with diesel sold at the pump to 10% from 12% for the next five days in an emergency move, the country's lead regulator for the oil and natural gas industry said Tuesday.

• Thursday, August 1st 2019 - 09:25 UTC

  Argentina expanding LNG pipeline from Vaca Muerta to Buenos Aires

  

  Argentina on Wednesday launched an international tender for a multibillion-dollar pipeline to transport natural gas from the Vaca Muerta shale formation in the western part of the country to capital Buenos Aires. Bids will be opened on September 12.

• Wednesday, June 19th 2019 - 09:29 UTC

  Petrobras makes huge natural gas discovery in the Sergipe basin

  

  Brazilian state-run oil firm Petrobras has made natural gas discoveries in six deep-water fields in the Sergipe Basin, it said in a regulatory filing on Monday.

• Friday, April 19th 2019 - 09:27 UTC

  ConocoPhillips pulling out of the North Sea oil exploration and production

  

  ConocoPhillips is pulling out of UK exploration and production after selling its North Sea oil and gas assets to Chrysaor for US$ 2.68bn (£2bn). The sale will boost Chrysaor's production by about 72,000 barrels a day to 177,000 - making it one of the UK's biggest operators.

• Wednesday, March 13th 2019 - 08:27 UTC

  Argentina boosting natural gas output and plans pipeline to supply Buenos Aires

  

  Argentina’s efforts to boost its natural gas output and supply are progressing through new pipeline and transport projects and auctions, moves that are expected to balance the country’s production and demand, the energy secretary said on Monday.

• Wednesday, December 26th 2018 - 08:55 UTC

  Petrobras plans to invest US$ 84bn mainly in pre-salt areas by 2023

  

  Petrobras has unveiled plans to invest US$ 84.1bn in deepwater exploration and production projects in Brazil, as well as raise $27bn through asset sales and partnerships by 2023. Around US$ 69bn of the planned investment will be channelled into the development of production in the pre-salt areas. Other key focus areas of investment include refining, transportation, trading, and natural gas and petrochemicals.

• Tuesday, November 13th 2018 - 08:30 UTC

  YPF faces weaker gas demand and shifts focus to Vaca Muerta shale oil

  

  Argentina's energy company YPF said on Monday its 2018 hydrocarbon production likely will fall by 3% to 4% on the year, more than previously expected, as low natural gas demand forces it to close wells and shift its focus to Vaca Muerta shale oil.

• Tuesday, September 11th 2018 - 08:59 UTC

  Argentina organizing to become a leading exporter of natural gas

  

  Argentina's biggest natural gas transporter, Transportadora de Gas del Sur, and Texas-based Excelerate Energy, signed on Monday a memorandum of understanding to evaluate building the country's first liquefaction plant, as rising natural gas production fuels export prospects.

• Tuesday, July 24th 2018 - 06:10 UTC

  Argentine natural gas for Chile beginning next October

  

  Argentina will begin exporting natural gas to Chile from October, the Argentine Energy Ministry said on Friday, following a meeting between the governments of both countries.

• Sunday, June 4th 2017 - 13:17 UTC

  Argentina inaugurates Tierra del Fuego offshore gas deposit which provides 8% of the country's demand

  

  Argentina formally inaugurated the Vega Pleyade gas and condensate deposit off the coast of Tierra del Fuego considered the most austral of its kind in the world, and which has been supplying the country with nine million cubic meters daily since February 2016. The well is operated by French Total (37.5%) together with Wintershall Energy (37.5%) and Panamerican South (25%), demanded an investment of 1.1bn dollars over three years.