Tag: oil

• Tuesday, November 5th 2019 - 09:45 UTC

  Falklands extends duration of Rockhopper and Argos Resources oil exploration licenses

  

  Rockhopper Exploration PLC said on Monday that the Falkland Islands government has extended the duration of the PL032 Discovery Area License until May 1, 2021, with no additional license commitments.

• Tuesday, November 5th 2019 - 09:36 UTC

  Brazilians desperately cleaning the oil spill ahead of the peak tourism season

  

  Months after thick oil began turning idyllic beaches in Brazil into “black carpets,” workers and volunteers wearing rubber gloves race against time to scrape off the remaining fragments ahead of the country's peak tourism season.

• Monday, November 4th 2019 - 09:45 UTC

  Greek company denies any connection of one of its tankers with the massive oil spill in Brazilian beaches

  

  The manager of an oil tanker being probed by Brazilian authorities in connection with an oil spill off the country’s coast has found “no proof” of the vessel conducting activities that may have led to leaks on a journey between Venezuela and Malaysia.

• Monday, November 4th 2019 - 09:25 UTC

  Saudi Arabia seeks to diversify economy, floats oil giant Aramco in search of funds

  

  Saudi Arabia's giant state oil company finally kick-started its initial public offering (IPO) on Sunday, announcing its intention to float on the domestic bourse in what could be the world's biggest listing as the kingdom seeks to diversify its economy away from oil.

• Monday, November 4th 2019 - 08:31 UTC

  Hess/ExxonMobil first oil in bountiful Guyana scheduled for December

  

  Hess Corp's first oil in Guyana, where it is a partner in the crude-rich ExxonMobil-led Stabroek offshore block, will be in December, ahead of the previously stated Q1 2020 date, a top company executive said on Friday.

• Saturday, November 2nd 2019 - 09:06 UTC

  Brazilian Navy focus the major oil spill suspect on a Greek-flagged tanker

  

  A Greek-flagged tanker is the main suspect in oil spills that have been appearing along the coast of Brazil for two months, the defense ministry said Friday, finally lifting some of the suspense over this “environmental catastrophe.”

• Friday, November 1st 2019 - 09:49 UTC

  Brazil's oil slick heading to unique coral reefs; Navy has cut down possible culprits of the spill to ten vessels

  

  With mystery oil slicks still moving down Brazil's coast, the Brazilian Navy sent more ships on Thursday to try to prevent the pollution of unique coral reefs of the Abrolhos Archipelago marine park, a haven of South Atlantic Ocean biodiversity.

• Wednesday, October 30th 2019 - 09:23 UTC

  Oil spills on Brazil's northeast beaches, “the worst environmental attack”

  

  Oil spills washing up on beaches along more than 2,000 kilometers of Brazil’s northeast coastline could be the worst environmental “attack” in the country’s history, the CEO of Petrobras said on Tuesday.

• Wednesday, October 30th 2019 - 08:36 UTC

  Brazil has become a beacon for Big Oil foreign investment in the energy sector

  

  When oil executives arrive in Rio de Janeiro this week for Brazil’s biennial Offshore Technology Conference, they will find themselves in Latin America’s most promising market for Big Oil by far. This signals a dramatic change from only a year ago.

• Saturday, October 26th 2019 - 09:14 UTC

  AFP Photo of Brazilian boy with body smeared in oil goes viral

  

  A boy walks ashore in Brazil in filthy waist-high water with a look of exasperation and his body smeared in oil, a photographer takes a shot, and the image goes viral.