Tag: oil

• Monday, February 26th 2024 - 11:44 UTC

  Patagonian governors threaten to cut oil and gas output

  

  The Governors of Argentina's Patagonian provinces said Sunday that they would cut oil and gas output starting Wednesday if Chubut's funds are not wired by then from the federal administration of President Javier Milei. The announcement was made after Governors Ignacio Torres (Chubut), Gustavo Melella (Tierra del Fuego), Sergio Ziliotto (La Pampa), Claudio Vidal (Santa Cruz), Rolando Figueroa (Neuquén), and Alberto Weretilneck (Río Negro) convened to join forces.

• Saturday, February 24th 2024 - 10:24 UTC

  Argentina: Chubut Governor threatens to cut oil supply if federal funds are withheld

  

  Chubut Governor Ignacio Torres Friday warned Argentine President Javier Milei that his province would stop exporting oil if the federal administration insisted on “improperly withholding half of the [so-called] co-participation” funding. “If on Tuesday there is no resolution from the courts, we will not export even one more barrel of oil,” threatened Torres, whose stance was endorsed by several fellow governors and also by Buenos Aires Mayor Jorge Macri.

• Tuesday, January 23rd 2024 - 17:31 UTC

  Promising update for Sea Lion development and Falklands' oil industry

  

  Rockhopper Exploration PLC has released a corporate update in which it refers to the recent release published by Navitas Petroleum LP on the Sea Lion development in the North Falkland basin. The release includes an updated development plan to align with their static and dynamic reservoir models, resulting in the increase in certified resources in an updated NFB independent resource report conducted by Netherland Sewell & Associates on behalf of Navitas.

• 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.

• Friday, August 4th 2023 - 10:08 UTC

  Greenpeace “No New Oil” activists, take their protest to PM Sunak's country estate

  

  Greenpeace activists carried out a protest on the roof of the country estate belonging to UK Prime Minister Rishi Sunak on Thursday. Sunak was not at home at the time as he is on holiday with his family in California.

• Wednesday, July 12th 2023 - 21:03 UTC

  Shell considers cutting oil and gas production “dangerous and irresponsible”

  

  Cutting oil and gas production would be “dangerous and irresponsible”, the boss of energy giant Shell has told the BBC. Wael Sawan insisted that the world still “desperately needs oil and gas” as moves to renewable energy were not happening fast enough to replace it.

• Tuesday, May 2nd 2023 - 10:15 UTC

  Bolivia finds new oil well, President Arce announces

  

  Bolivian President Luis Arce Catacora Monday announced the discovery of the YOPE-X1 hydrocarbon well in the municipality of Yapacani, in the department of Santa Cruz, it was reported.

• Wednesday, April 12th 2023 - 11:00 UTC

  IEA insists increasing fossil fuel production contradicts goals to stop global warming

  

  Fatih Birol, head of the powerful International Energy Agency, (IEA),, the Paris-based organization led by the energy ministers of mostly rich countries, has warned that companies that increase fossil fuel production are contradicting goals to stop the planet warming.

• Wednesday, December 28th 2022 - 10:00 UTC

  Putin bans sale of oil to countries that abide the US$ 60 cap on Russian crude

  

  President Vladimir Putin announced Russia was banning the supply of Russian oil and oil products to countries that impose a price cap, allowing deliveries to those nations only on the basis of a special permission from the Kremlin leader.