Tag: oil

• Tuesday, January 18th 2011 - 18:32 UTC

  YPF To Begin Offshore Exploration In Tierra del Fuego

  

  A spokesperson for the Argentine oil firm YPF informed that exploration work is scheduled to begin this quarter on the coast of Tierra del Fuego, a province located off the southernmost tip of the South American mainland.

• Monday, January 17th 2011 - 23:22 UTC

  Falklands: FOGL prospects show promise, says broker

  

  FALKLAND Oil and Gas Limited has the potential to offer investors returns of 130 per cent in the medium term, according to the Jefferies brokerage.

• Monday, January 17th 2011 - 17:32 UTC

  Venezuela's Oil Reserves Surpass Those of Saudi Arabia

  

  Venezuela's president Hugo Chavez announced that his country's oil reserves total 217 barrels, topping Saudi Arabia's and making them the largest in the world.

• Wednesday, January 12th 2011 - 17:58 UTC

  Brazilian Offshore Subsea Lab

  

  The Brazilian government and Navy are considering an ambitious plan for launching an offshore subsea lab to be located at the limit of the country´s territorial waters and beyond the farthest pre-salt play

• Tuesday, January 11th 2011 - 21:38 UTC

  FAO food prices index marks record; threat for global growth and social stability

  

  The United Nation's Food and Agricultural Organization, FAO, global food prices index reached a record high in December, 2010 reported the organization this week. The FAO food index tracks a basket of 55 key food commodities including items such as wheat, cooking oil and fats and sugar.

• Thursday, January 6th 2011 - 12:46 UTC

  Bolivia back steps and offers new deal to attract foreign oil companies

  

  President Evo Morales’ government has offered to reimburse 100% of the cost of successful exploratory drilling in Bolivia by private oil and natural gas companies, state-owned energy company YPFB announced this week.

• Tuesday, January 4th 2011 - 07:43 UTC

  Desire Petroleun plc: Dawn Well Operational Update

  

  Desire Petroleum plc (AIM:DES) the company wholly focussed on the North Falkland Basin, advises that the 25/5-1 well on the Dawn/Jacinta prospect has reached a total depth of 1,697 metres in pre-rift sediments.

• Wednesday, December 29th 2010 - 07:48 UTC

  Falklands: Desire Petroleum plc - Operation Update

  

  Desire Petroleum plc (AIM:DES) the oil and gas company wholly focussed on the North Falkland Basin, advises that the 25/5-1 well on the Dawn/Jacinta prospect has reached a depth of 1,313metres.

• Tuesday, December 21st 2010 - 18:11 UTC

  Chile’s state oil company looking for associates to drill in Tierra del Fuego

  

  Chile's state oil firm ENAP is seeking joint ventures with foreign companies to explore for crude and gas at five blocks in the country's extreme south region and has invited over twenty corporations to participate, announced the company.

• Tuesday, December 14th 2010 - 14:05 UTC

  Colombia’s Ecopetrol announces seventh technical oil discovery in 2010

  

  Colombia’s Ecopetrol has reported oil shows from a second stratigraphic well on the Cano Sur block, where Shell holds a 50% stake. Ecopetrol said that it completed drilling of the Draco-1 well, located in the southeastern province of Meta.