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MercoPress, en Español

Montevideo, May 6th 2025 - 07:47 UTC

Tag: oil

  • Wednesday, July 3rd 2024 - 23:00 UTC

    Falklands: Navitas updates emission assessment of Sea Lion environmental impact statement

    The Falkland Islands Government has started a public consultation on this revised EIS from Tuesday, 2 July 2024 to 13 August 2024.

    The Israeli/US company preparing to extract oil from Falkland Islands waters, Navitas Petroleum Development and Production Ltd. (Navitas) has issued a revised Environmental Impact Statement (EIS) concerning its proposals for the drilling of oil wells and offshore production from the Sea Lion Field Northern Development Area, Phase 1 and 2, which includes additional information on atmospheric emissions.

  • Tuesday, May 14th 2024 - 10:26 UTC

    Russia claims to have found huge oil reserves in Antarctica; UK feels it could mean a complete new ball game

    Junior Foreign Minister David Rutley said that Russia has given a commitment to abide by the Antarctic Treaty.

    The House of Commons’ Environmental Audit Committee (EAC) held a special session on Russian oil exploration in the polar region, following on claims that the Rosgeo oil exploration company had reported that its research vessel Alexander Karpinsky has completed a comprehensive subsurface geological survey, mapping very promising oil and gas prospects on the Antarctic oil shelves.

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

    Patagonian governors threaten to cut oil and gas output

    Governors Torres (Chubut), Melella (Tierra del Fuego), Ziliotto (La Pampa), Vidal (Santa Cruz), Figueroa (Neuquén), and Weretilneck (Río Negro) convened to join forces against Buenos Aires

    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

    “We will use all the tools we have to defend ourselves,” Torres warned

    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

    According to the 2024 NSAI Independent Report, the certified gross 2C resources in the overall NFB have increased from 712 MMbbls to 791 MMbbls.

    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

    To improve energy security and ensure low energy prices, UK has “granted development and production consent” to companies Equinor and Ithaca Energy.

    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

    The oil only started flowing in 2019, but per capita GDP has already tripled since then and is likely to triple again in the next ten years.

    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

    Four individuals scaled Sunak's large house in North Yorkshire and dropped long black sheets to cover the facade and holding up a banner that read “No New Oil.”

    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”

    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.

    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

    The finding will help Bolivians have “the dreamed country,” Arce said in his Labor Day message

    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.

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