Tag: natural gas

• Monday, November 29th 2010 - 22:31 UTC

  Petrobras confirms major oil find onshore in the Amazon region

  

  Brazilian government controlled oil and gas corporation Petrobras announced the discovery of a new crude deposit in the Amazon region, where the energy company already is developing large natural gas reserves.

• Monday, October 25th 2010 - 02:39 UTC

  Controversy in Bolivia about the country’s proven gas reserves

  

  According to a recent audit commissioned by the Bolivian government and conducted by US-based consulting firm Ryder Scott allegedly shows that the country has only 8.3 trillion cubic feet of proven gas reserves, sharply lower than the range of 12.8 trillion to 26.7 trillion that has appeared in contradictory official versions.

• Tuesday, August 17th 2010 - 09:14 UTC

  World Cup helped Magallanes region economy pick up in second quarter

  

  Magallanes Region in the extreme south of Chile had a strong economic rebound in the first half of this year, boosted by the construction industry and retail sales, according to Chile’s National Statistics Office, INE.

• Tuesday, August 17th 2010 - 09:05 UTC

  On-shore natural gas find could supply 30% of Brazil’s domestic demand

  

  Brazilian oil and gas company OGX said Monday that a new onshore field in the north-eastern state of Maranhao holds up to 15 trillion cubic feet of natural gas.

• Friday, August 6th 2010 - 22:20 UTC

  Bolivia’s gas reserves ‘comfortably’ sufficient for the next twenty years

  

  Bolivia’s proven gas reserves stand at 19 trillion cubic feet, which means the country can address domestic and foreign demand comfortably during the next 20 years announced Friday by Energy and Hydrocarbons minister Fernando Vincenti.

• Thursday, August 5th 2010 - 17:28 UTC

  Foster Wheeler awarded engineer contract for Montevideo LNG receiving plant

  

  Foster Wheeler AG (Nasdaq: FWLT) announced Wednesday that its Global Engineering and Construction Group has been awarded an owner’s engineer contract for a new LNG receiving terminal (the “GNL Del Plata” facility) to be built in Uruguay’s capital Montevideo.

• Thursday, July 22nd 2010 - 23:36 UTC

  Bolivia, Paraguay and Uruguay consider building 2.000 kilometres gas pipeline

  

  Natural gas-rich Bolivia has invited Paraguay and Uruguay to confirm sufficient demand to justify the building of a commercially viable 2.000 kilometres pipeline linking with Asunción and Montevideo.

• Wednesday, July 21st 2010 - 06:59 UTC

  Argentine only has natural gas reserves for the next seven years

  

  Argentina’ natural gas reserves dropped to half their 2000 level when they totalled 378.862 million cubic metres, which means at the current consumption rate in seven and a half years the country will ran out of the vital fuel, according to a report released this week in Buenos Aires.

• Saturday, July 17th 2010 - 07:01 UTC

  Bolivia confirms pipeline to supply Paraguay and Uruguay with natural gas

  

  Hydrocarbons minister Fernando Vincenti confirmed that Bolivia is interested in extending its natural gas pipeline network to add Paraguay and Uruguay to its list of clients now limited to Mercosur main associates, Brazil and Argentina.

• Friday, May 14th 2010 - 01:22 UTC

  Indian Sub-Submersible Gas Rig Sinks off the Coast of Venezuela

  

  Aban Offshore (BOM:523204), India’s largest offshore drilling and oil field services provider, suffered a major setback on Thursday, when its gas platform Pearl sunk off the coast of Venezuela. This was one of Aban’s biggest money spinning rig earning 358,000 US dollars a day.