(Prensa Latina) The oil companies Chevron and Transocean Brazil Brazil continue today suspended and unable to participate in the work of extraction and transportation of oil in this country, due to two oil spills in the Frade field. This week, the Superior Court of Justice (STJ) agreed to maintain the suspension of all activities of […]
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During this year there have been several operating failures in Amuay refinery, which belongs to the Paraguaná Refining Center (CRP) in Falcón state (northwest Venezuela). However, on Saturday early morning, August 24, a major fire started in the tanks yard and it turned out to be one of the most devastating accidents ever faced by […]
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Eluniverso.com reported in Ecuador the drinking water of some villages near oil extraction plant contains petroleum hydrocarbon levels 288 times the accepted standards of the European Union today denounced the United Nations Program for Environment (UNEP) and the World World Health Organization (WHO). “The rational use of chemicals can reduce the huge financial implications and […]
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Venezuela’s government said Thursday it expects to process 250,000 barrels of oil a day this weekend in Amuay refinery in the early hours of day 25 suffered an explosion that forced parts of the complex and stop left an official toll of 42 dead. The Mining and Oil Minister Rafael Ramirez said that at this […]
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Venezuela’s state oil company confirmed today that there was an oil spill at its refinery on the Caribbean island of Curacao over “ten days” and is near completion with the “complete cleanup of affected area”. In a press release, PDVSA gave no details of the origin and size of the spill and said that “the […]
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The public service carriers have been rejecting the formula that sets the fuel prices and the high prices it announced for Monday 27 August, Prime peaceful parade against fuel hikes. The protest began at 7 am, starting with two sites, one in the north and one Regional Avenue in South Freeway, marches they would reach […]
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A deadly explosion at Venezuela’s largest oil refinery over the weekend has unleashed a barrage of criticism at the government’s management of the state-run oil company, Petróleos de Venezuela. Even as President Hugo Chávez has turned the oil company into the financial engine of his socialist revolution, critics say it has neglected essential activities like […]
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Brazil will increase imports of gasoline least 354 percent by 2020, as a result of reduced production of ethanol from sugar cane, according to a report by the Government, local media reported Wednesday. The study, at the request of Brazilian President Dilma Rousseff, presents three scenarios for the fuel market in the next eight years, […]
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Eluniversal.com reported at approximately 1:11 am on Saturday a very powerful explosion occurred in two areas of propane-butane Amuay refinery in Paraguaná Refining Complex (CRP) in Falcon state, causing a loud noise in the area and affecting the homes in nearby communities, according to the Oil and Mining Minister Rafael Ramirez. The official did not […]
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The Public Services Regulatory Authority (Aresep) revealed that gasoline distributed here by the Costa Rican Oil Refinery (Recope) contains an additive that causes damage to cars and health of users. The chemical detected is methylcyclopentadienyl manganese tricarbonyl (MMT in English) and is present in gasoline plus super and distributing Recope since January, threw a Aresep […]
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Fuel stations were militarized Sucumbíos yesterday to neutralize the smuggling of gasoline daily escapes to Colombia and the informal market in the northern border. The measure is before the Committee on Energy Sovereignty of the province. Military personnel of the Special Forces group and 56 53 Ray Tungurahua that each car handles refueling only once […]
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In issue number 413 of July 2012, the international magazine “America Economia” were the 500 largest companies in Latin America, including the areas of mining and processing of crude oil. Within the first 500, listed companies Petrobras, belonging to Brazil, followed by Petroleos de Venezuela SA (PDVSA) and Mexico’s Pemex. The following table shows the […]
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The state-owned Cubapetroleo, reported the failure to explore for oil companies in Malaysia and Russia, said “On July 31 completed the drilling of offshore exploration Catoche 1x, run by oil companies GULF PC and Gazpromneft, the final depth of 4,666 meters in a water depth of 2,258 meters” He also reported the location of active […]
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Venezuela’s President Hugo Chavez Frias during a radio and television said “We found that we have one of the largest gas reserves in the world and we are now at 200 trillion cubic feet and continue to discover more” According to studies by the Geological Survey of the United States certifies that the Orinoco Belt […]
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Elcomercio.com reported that a court ruled that Ecuador announced that U.S. oil company Chevron pay, within 24 hours (until tomorrow), about USD 19 000 million, set in a conviction for environmental damage. Juan Pablo Saenz, a lawyer for the plaintiffs, said that this period will be fulfilled on Monday as Saturday and Sunday are not […]
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About a million and half dollars in compensation to indigenous people Sarayaku, plus payment of court costs. This is the sentence imposed by the Inter-American Court of Human Rights (IACHR) to Ecuador for damage caused by oil activities to the ancestral lands of the Indians of the Amazon. According to the ruling, the money must […]
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Its subsidiary in that country signed an agreement with Panatlantic, through which 30 percent have three offshore blocks in the country. The company Ecopetrol Oil and Gas do Brasil Ltda, a subsidiary of Ecopetrol, and Vanco Exploração and Produção Brazil Oil and Natural Gas Ltd, a subsidiary of Panatlantic Energy Group, reached an agreement that […]
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Undeniably, Iran and Venezuela share common interests. Their cooperation began more than 50 years ago, in Baghdad, Iraq. In 1960, Venezuela, Iran, Iraq, Kuwait and Saudi Arabia founded OPEC (Organization of Petroleum Countries) to ensure good sales terms for themselves from foreign oil companies. Thus, the good relationship between Iran and Venezuela is more than […]
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Venezuelan President, Hugo Chavez, said last Sunday that he ordered to halt oil shipments to Paraguay and recalled Venezuela’s ambassador in Asuncion after the impeachment of former president Fernando Lugo which he called a coup. While oil exports from Venezuela represent 27 percent of oil consumption in Paraguay, Sergio Escobar, head of state-owned Petropar, said […]
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At least 38 Chinese companies have taken the baton of strategic projects and construction sectors in Ecuador. The fifteen major contracts handled by $ 6,270 million, according to the Ecuadorian Chamber China. These seven have been designated to build hydroelectric projects. So over Sinohydro for Coca Codo Sinclair, International Water and Electrical Corporation (CWE) is […]
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On June 13th authorities reported an oil spill in Zumpango, State of Mexico. The fuel was leaking through fuel hoses passing through agricultural fields. The hoses were not stopped for four continued hours. Students from a school 400 meters away were evacuated away from the polluted zone. Read Article
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According to the Commerce Department reports, Mexican oil exports to the United States decreased by 19.4 million barrels in the first quarter of 2012 in comparison with last years. Mexico’s oil profits in 2011 contributed to an annualized trade surplus in favor of Mexico for more than 65 billion dollars, the third highest in history. […]
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NEW YORK, May 28, 2012 /PRNewswire via COMTEX/ — Only days before its annual shareholder meeting, forty Chevron investors with $580 billion in assets under management have demanded the oil giant settle the $18 billion environmental lawsuit brought by impoverished indigenous groups in the Ecuadorian rainforest almost two decades ago. The letter from the investors, […]
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The Judicial Council of Ecuador has ratified the dismissal of Judge Nicholas Zambrano, who ordered the oil company Chevron for environmental damages and upheld a remand order against the current president of Colombia, Juan Manuel Santos, according to a resolution to that had access to EFE. Full of that court dismissed the appeal by Zambrano […]
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Argentina’s President Cristina Fernandez de Kirchner, has underlined that her government will not respond to the “sovereign decision” taken by Spain to limit purchases of biodiesel after the expropriation of 51 percent of the shares of Repsol YPF’s hands. The Spanish government adopted on Friday in the Council of Ministers, a ministerial order to allocate […]
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The Public Services Regulatory Authority (ARESEP) is reviewing a new fuel-rate hike at the request of Costa Rica’s National Oil Refinery. The hike would increase by ₡22 the per-liter cost of “super” gasoline and diesel, and by ₡29 for “plus” gasoline. If the increase is approved, it would take effect later this month, and drivers […]
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Cristina Kirchner sent Congress a bill to expropriate 51% of the shares of Repsol. Planning Minister Julio De Vido, was appointed supervisor of the oil for 30 days . The government of Mariano Rajoy condemned the decision of the national executive and announced that in the coming days take measures “overwhelming”. Today, Madrid will hold […]
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Repsol considered “unlawful” expropriation of YPF and will take legal action The first Spanish oil company, Repsol, Monday considered “illegal and seriously discriminatory” partial expropriation by the government of its subsidiary YPF Argentine and announced it would take “all legal measures as appropriate” to safeguard their interests and those of its shareholders . “Repsol announced […]
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While performing a search flight Aeromarítima on Monday April 9, the Naval Aircraft AN-236 detected two boats carrying drums of fuel, about 15 miles north of Green River, Esmeraldas. The Coast Guard boat “River Conambo” which was on a routine patrol near this area, conducted the inspection of the two boats. According to naval staff […]
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The British company British Petroleum (BP) is exploring for oil and has no plans to do so in the future in the Falkland Islands, whose sovereignty is disputed Argentina and Britain, according to a note by the Foreign Ministry of Argentina. Read Article
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Two years after the worst offshore oil spill in U.S. history, Mexico’s state oil company is about to test its hand at drilling at extraordinary depths in the Gulf of Mexico. If all goes as planned, Petroleos de Mexico, known as Pemex, will deploy two state-of-the-art drilling platforms in May to an area just south […]
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President Rafael Correa, has reported that there are many interested in investing in the project of the Pacific Refinery in the province of Manabi. “There is strong interest from Chinese companies, has presented the project to many countries around the world …. we are still presenting the attractions, soon we expect to obtain adequate harvest […]
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Ecological Movement of Venezuela requires responsible for the misfortune of Guarapiche Maturin (RDTV) – After oil spills occurred in the city of Maturin, specifically in the towns of La Pica and more recently in Jusepin, the Ecological Movement of Venezuela, affiliated to the Federation of Green Parties of the Americas sought from the Environmental Commission […]
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At 5:00 p.m. on Monday a Pdvsa pipeline burst and oil poured in Punta de Mata, in La Orchila sector, state of Monagas. Technicians and workers of the state-run oil company Petróleos de Venezuela (Pdvsa) collected the oil in that area of El Tejero-Maturín national highway. The spill occurred near the Amana oil operation center, […]
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Quito, 02/abr/2012.- From April 1, 2012 marks the second phase of the breeding program that PE fuel Petroecuador began in November 2011, as announced by the General Manager of the company, Mr. Marco Calvopiña. The program substantially improves the octane of gasoline, so that the quality Extra rises from 81 to 87 octane and Super, […]
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Quito, Ecuador 02/abr/2012.- expected to cooperate with Iran’s oil sector with the entry into a consortium in Venezuela and the Persian country offer to invest in a refinery in its territory, despite sanctions against Tehran , said today the manager of the state company Petroecuador, Marco Calvopiña. Read Article
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A three-judge appellate panel has again denied — for the fourth time — a motion by Chevron Corp. to block the Republic of Ecuador from enforcing an $18 billion judgment against the company. In a decision released last week, the Ecuadorian panel ruled that the oil giant was not entitled to use an order from […]
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Increase is due to high oil prices in international markets, which is tied the value of fuel in Colombia. The price of a gallon of gasoline exceeded the barrier of 9,000 pesos, after the Ministry of Mines and Energy on Saturday applied an adjustment of 128.7 pesos to Bogota, where fuel is sold to a […]
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In the afternoon of Sunday(APril 1, 2012), an explosion occurred at the main station in San Diego Petrocedeño Cabrutica, José Gregorio Monagas Municipality, located northwest of the state of Anzoategui. Reported at least three injuries. Read Article
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A Brazilian federal prosecutor plans to expand his investigation of a November offshore oil spill in a field run by Chevron to areas operated by other companies in the country’s main oil region. Read Article
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The oil minister of Venezuela, Rafael Ramirez, Minister of Mines and Colombian Mauricio Cardenas, announced significant progress in terms of the bilateral agreement on oil and gas. The first point has to do with the end of this year, the two countries must list the conceptual engineering of the pipeline project bilaterally, Pacific will have […]
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Theft of fuel is an ongoing problem in the energy sector of the state of Baja California and throughout the country, said the professor of Colef, specializing in economic issues, Alejandro Diaz Bautista. He indicated that over the municipalities of Baja California in 2012 were located clandestine footage of Pemex pipeline, like pipes with thousands […]
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Protesters demand the rescheduling of the hearing where he presented an environmental impact study of Lagunas Punta gas project. Violence in the province of Sechura kills one | RPP Chaos, destruction and abuse in Sechura | RPP One person dead and 36 wounded was the balance left in the confrontation Sechura (Piura) during the strike […]
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Humberto Cholango, president of the Confederation of Indigenous Nationalities of Ecuador (CONAIE), expressed its solidarity with all the equipment that accompanies and leads the case against the company Chewron-Texaco and claims that the acts of violence, intimidation, espionage that have occurred in recent days will not stop their actions until justice is done in this […]
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The Chevron corporate logo is displayed at a Washington D.C. gas station January 11, 2010. A judge in Campos, Brazil, could shift the criminal charges filed against Chevron and drill-rig operator Transocean to Rio de Janeiro, a decision that would remove a crusading prosecutor from the case. Eduardo Santos de Oliveira, a federal prosecutor based […]
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While Bolivian Fiscal Oilfields (YPFB) announced that Colombia’s Ecopetrol signed in the next ten days an agreement to begin exploration projects in country, two energy analysts agree that if the government provides legislative backing to international companies want to invest in the country realize the intentions of bilateral relations will be impossible. Alvaro Rios energy […]
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Argentina has asked stock markets in New York and London to warn investors of its claim that five oil exploration companies are working illegally off the Falkland Islands, which Argentina contends were stolen by Britain more than a century ago. Read Article
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Growth in Ecuador may continue its upward trend in early-2012 as a series of supply shocks and geopolitical risks keep oil prices elevated, according to Capital Economics. With average Oriente crude prices rising by around 35 percent year-on-year in 2011, the economy seems to have grown by over 8 percent. Despite stagnant production growth, the […]
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Mexico: crossing the border with Mexico to buy gas Americans cross the Mexican border in order to save at least 1.46 per gallon or $20 dollars to fill their gas tank. Crossing the border back to the United States can take an average of one to two hours, nevertheless the savings and the opportunity to […]
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Oil company Chevron on Friday said it hopes the dismissal of the Ecuadorean judge who issued an $18 billion ruling against the U.S. firm for polluting the Amazon will dissuade foreign courts from enforcing the sentence. Two Ecuadorean judges involved in levying one of the largest verdicts ever for environmental damages worldwide were sanctioned over […]
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The operation called Lightning, which rode on the southern border Police seized 4,000 gallons of fuel and 16 LPG cylinders. This shipment, according to the agents was in clandestine warehouses Huaquillas 26, a town bordering Peru. In addition, seized empty plastic drums and accessories, which were allegedly used to illegally packaged fuel and then sell […]
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In an environment of rising tensions over a possible government intervention in the oil company YPF, the company president, Antonio Brufau, emergency traveled to Argentina and is now in Buenos Aires, predictably, meet with government officials. Brufau had already met with Hernan Lorenzino and Julio De Vido, minister of Economy and Planning, before the YPF […]
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Consumption of food contaminated with water and oil has a high risk to health. If now restored assortment Guarapiche after oil spill in Jusepín February 4, residents of the eastern state could face the consequences of gastrointestinal exposure to the chemical, reports The National . Antonio Machado, of the National Academy of Physical Sciences, Mathematics […]
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This Monday afternoon marked the beginning of the signing of agreements between the Bolivarian Republic of Venezuela and the Republic of China, carried out in PDVSA La Campina. The People’s Minister for Petroleum and Mining, Rafael Ramirez, executive vice president, Elias Jaua, the Minister of Popular Power for Commerce, Edmee Betancourt, among others, and the […]
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A new oil spill occurred in eastern Venezuela. This time, crude oil fell into the river Guanipa Anzoategui state, so Freites municipality communities remain on alert, as it benefited from a tributary to irrigate their crops. Read Article
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The governor of Argentina’s Chubut province, Martin Buzzi, the largest oil producer in the country, said the “reality” of the oil company YPF, Repsol controlled by the Spanish, “is decadent” and warned it could take the granting of mining areas in the district. “YPF must show signs in a couple of weeks, because otherwise our […]
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Stratfor e-mails reflect the political tug of war with Britain over the Falklands. Reports say that the subject is agitated only as a smokescreen and expressed surprise that “still” has in Argentina who believe that the islands are of this country. Beyond the processes of regional integration and strategic alliances, as the global intelligence agency […]
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Mexico just needs to build two refineries, one that is already underway and an additional one to be self-sufficient in gasoline production, said the sector empresarial.El Center for Private Sector Economic Studies (CEESP) under the agency of the Business Coordinating Council (CCE), said that besides the new refinery to be built in Tula, the center […]
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The Multisectoral Commission Energy Investment Facilitation allow viable investments of U.S. $ 1,700 million in exploration and exploitation of hydrocarbons, said on Wednesday Perupetro. The working group established by the Executive on February 18, consists of Nettles, who is the chairman and the vice ministers of Economy, Laura Calderon, Environmental Management, Jorge Castro, and Interculturalism, […]
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Venezuela’s President Hugo Chávez is supplying fuel to Syria, a move that could undermine international sanctions against Damascus, thus propping up a government that has engaged in bloody clashes with civilian demonstrators. A cargo of low-sulfur diesel aboard the Negra Hipólita tanker, a Venezuelan vessel operated by a subsidiary of state-run oil company Petróleos de […]
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The incident occurred on the route of the Los Pozos leads to San Vicente. At 5:30 Tuesday morning, the trucks (which were headed with crude to Gigante, Huila) would have been thrilled with bursts of rifle and the caravan could not proceed because the road would be undermined. “This is a tatuco that terrorists hid […]
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The purpose of the operations was to capture illegal fuel vendors, but only managed to seize vessels with this product, possibly of Mexican origin. During the operation involved five police patrol car with 10, who moved it to the court seized the town of Santa Cruz Muluá. Read Article
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A small pipeline was blown up in an area of Colombia’s northeastern border with Venezuela, an attack attributed by the authorities of the FARC guerrillas, according to sources in the oil sector in the region. The attack occurred in the rural area of El Tarra, a town bordering department of Norte de Santander, and caused […]
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Venezuela sent more than 100 million gallons of fuel to Colombia in 2011 as a result of the relaunch of bilateral ties, said the Ministry of Oil and Mining in Venezuela. It said in a statement that under the Fuel Export Scheme Norte de Santander department of Colombia 105,458,678 liters of fuel dispatched to the […]
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The state-owned Petroecuador oil fields discovered in the Amazon by a volume of 18 million barrels, which partially offset the reduction in reserves and used, said today in a statement. The company said its total proved reserves in 2010 amounted to about 4.693 million barrels.Petroecuador is the second largest oil producer in Ecuador, after the […]
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A delegation from Chinese company Exxon Mobil will visit Peru around midweek to enquire about the country’s oil potential, Aurelio Ochoa, the president of the state licensing agency for hydrocarbon exploration, Perupetro said. Exxon Mobil, one of the main oil companies worldwide, operates in more than 40 countries. Its activities include the exploitation, production and […]
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Yasuno í National Park (Ecuador). A group of women has begun to make their mark in the Ecuadorian oil industry, even in the platforms of the Amazon, after overcoming the looks of disbelief from the hundreds of men around them and in some cases discrimination. Until recently the wells, with their huge machines, its isolation, […]
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More than a dozen dead and several wounded people left the outbreak in central-western Colombia. A dawn of hell’s inhabitants lived Dosquebradas municipality in the department of Risaralda, in west-central Colombia. The explosion of a pipeline in the early hours of yesterday left at least 13 dead, 80 wounded, several seriously, destroyed 30 houses and […]
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Federal police in Brazil on Wednesday recommended the indictment of several Chevron and Transocean officials involved in an oil spill in early November for environmental crimes and withholding information in an investigation. Read Article
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Brazilian Federal Police concluded in a probe on the November 8 oil spill that the local president of US oil giant Chevron and 16 other oil executives committed environmental crimes, according to local media. Read Article
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International Gas Transportation Company, TGI, Gabriel Turbay, the estimated reserves in the western pipeline sufficient to 3 days. But it is not known how long the repair of the pipeline. According to Gabriel Turbay, a landslide destroyed 100 meters of the pipeline Mariquita Cali in the district of Padua, in the municipality of Herveo, Tolima, […]
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An innovative Ecuadorean plan to leave more than 900 million barrels of crude oil untapped and beneath a pristine nature reserve, in exchange for international donations, has survived its first deadline, Ivonne Baki, the project coordinator told The Miami Herald. The Yasuní-ITT initiative has met the initial goal of raising $100 million before year’s end, […]
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The Ecuadorian government and the airlines will agree that a rise in rates, after President Rafael Correa confirmed the removal of fuel subsidies to aircraft at airports under concession from the first of January 2012. This decision will mean savings for the State of about $ 90 million and would be detrimental to the airports […]
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In a span of 48 hours were located two clandestine connections off the pipeline of Petroleos Mexicanos (Pemex) in the municipality of San Juan del Rio, qualifying them a high risk, as it was connected to a gas pipeline branch LP. With this pair, add 25 shots that have been uncovered in the course of […]
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THIS IS AN OPINION PIECE SUBMITTED BY AN ANONYMOUS READER OF LATINAMERICACURRENTEVENTS.COM —————————————————— President Correa is proposing in 2012 that the fuel subsidy will be eliminated for airline companies in Ecuador. This will no doubt impact everyone’s pocket book and could put further stress on tourism and travel for Ecuadorians within the country. Overall, a […]
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Mapuche Indians of Argentina invaded a portion of the gas processing plant of the company Apache Corporation, as a protest against the company, because this contaminates the water in the area where they live, local press reported. According to Reuters, the U.S. company Apache Corporation, had to discontinue work on the plant in the province […]
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The Brazilian Federal Police opened an investigation against the U.S. oil company Chevron, responsible for an oil spill in the Atlantic off the coast of Rio de Janeiro. The company, meanwhile, said it began sealing a crack in the offshore well in the Frade field. “There are facts inconsistent. Employees of the platform informed us […]
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The oil port of Coatzacoalcos on the Gulf of Mexico was re-opened to navigation after having closed for bad weather, said Saturday the Mexican government. However, the area remained closed terminals Cayo Arcas and Dos Bocas, which together with Coatzacoalcos are the main points of embarkation for much of crude oil exports go to the […]
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The peaceful day of protest by workers of the state oil degenerated into riots in Barrancabermeja and Cartagena, leaving a toll of 26 people injured, three of them seriously. The employees, alleging breach of employment agreements, called a paralysis of 24 hours nationwide. In Barrancabermeja, around 9 am, clashed with riot squads of police throwing […]
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Oil Injustice – Resisting and Conceding a Pipeline in Ecuador – Recorded interview with author Dr. Patricia Widener (Recording Time- 01:44:05) Recorded November 08, 2011. Publisher: Rowman & Littlefield Publishers, Inc. PURCHASE BOOK: Oil Injustice: Resisting and Conceding a Pipeline in Ecuador ——————————————————————————————– Oil Injustice examines the mobilization efforts of four communities with different oil […]
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Russian oil exploration drilling will begin next April in Cuba Gazprom Neft oil project involved in Cuba’s economic zone in the Gulf of Mexico Gazpromneft work in offshore Equatorial Guinea and Cuba. The Russian company Gazprom Neft begin exploratory drilling oil field in Cuba next April, said the director of geology and development of the […]
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With the coming to power of Hugo Chavez in relations between Iran and Venezuela have grown beyond the historical oil interests. Since 2005, when Mahmoud Ahmadinejad became president, both countries stand together in defiance of Western conventions. Since Hugo Chavez took office began a steady rapprochement with Iran. From 1999 to 2007 were signed 86 […]
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A pipeline located underground Petroleos Mexicanos (Pemex) caused an oil spill in the town of I xtaczoquitlán, said the parastatal. According to the official report, unlawful taking was located in the 12-inch polidcuto Minatitlan, Mexico, between the station and Tuxpanguillo Zapoapita, spilling into the affected area at least 2000 liters of gasoline. Read Article
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The Ecuadorian state oil company Petroamazonas today announced the start up of a new oil well that produces 4915 barrels daily. The well, which is in the Amazonian province of Orellana, on the border with Peru, is located in the Campo del Oso Block 7 and to extract the crude extract had to make a […]
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Argentina’s President Cristina Fernandez met in New York with leaders of American energy companies Exxon Mobil, the world’s largest oil-and AES, which have revealed that the president plans a multimillion-dollar investment of 800 million. Argentine Planning Minister Julio de Vido said the plan means that Exxon, as the Argentine government has known Mark Alberts, president […]
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In the past year, the complaints of farmers living in the areas of oil exploration and production in Colombia has been increasing. They do not want their territory is invaded by oil infrastructure. The protests come at a worse time for the Colombian government. State coffers need a rapid injection of income, so they expected […]
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Police The police received special tanks to combat not only the terrorist attacks on pipelines, but also to thieves that the steal the petroleum.Police announced this weekend that the theft of gasoline was virtually eradicated in the country. Read Article
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1. Communities of Puerto Gaitan Meta, for more than 6 years have been demanding municipal authorities, departmental, and national, as well as oil operators, the solution to a range of social, environmental, economic and employment without get any positive response. 2.Cepcolsa Spanish oil multinational, which operates the fields of Jaguar, Sitting Bull, and Cara Cara, […]
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The Captain of the Port of Calbuco confirmed that traces of the thousands of gallons of oil spilled from the plant Pure Copec Wednesday night. In the newly opened Fuel Storage Plant spill occurred about 30 billion liters, then to fail one of the valves in the pipes leading to the ponds foam in case […]
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Expert surveys in Panama have established the Central American nation is sitting on an oil bonanza worth at least $15 billion. Panama is dependent on imported oil and rising demand puts added pressure on the country’s cash resources. But the latest results of scientific surveys promise a timely relief at least for the next two […]
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A group of Ecuadorian residents are accusing a federal judge of improperly allowing Chevron Corp. to re-litigate an eight-year trial that it lost to help bail out the oil giant, according to recent court filings. In February, an Ecuadorian court found Chevron liable for dumping billions of gallons of toxic waste into the Amazon, causing […]
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The weighty challenge the Uruguayan government faces in securing sufficient energy supplies was brought into stark relief as a dispute began in July 2011 between Argentina and Paraguay over the sale of Paraguayan electricity to Uruguay. Read Article
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Brazil’s government will reclaim promising oil exploration blocks won by companies in a bidding round five years ago but never formally leased to the winners, the country’s energy minister said. Read Article
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Officials with YPFB said 19 August in a news release that they met with Vietnamese counterparts and agreed to a yearlong agreement for Petrovietnam to look for gas in the Isipote, Yoai and Algarrobilla regions.Once the study is complete, the two companies will consider negotiations for service work, YPFB said. Read Article
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Bolivia daily natural gas production will increase by nine million cubic meters in 2012, which will help cover domestic needs and exports to Argentina and Brazil, said Carlos Villegas, president of Yacimientos Petroliferos Fiscales Bolivianos, YPFB. Read Article
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Protesters are blocking access to a major oil field in eastern Colombia operated by Canada’s Pacific Rubiales to demand the company employ more people from neighboring areas, a trade union leader said on Friday. Read Article
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According to Andina.com.pe the Peruvian Ministry of Energy and Mines (MEM) announced they are using legal mechanisms for natural gas reserves in Block 88 to enter the domestic market. The Minister of Energy and Mines, Carlos Herrera Descalzi says their priority is to help the domestic market before exporting the natural gas from Block 88. […]
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•In the south of Colombia, in the Caquetá department, FARC guerillas forced 6 truck drivers to exit and burn their own tank trucks carrying crude oil while they were on the highway en route to the Huila department. •And.es reports that the guerillas were members of FARC’s Teófilo Forero, which acts in Caquetá and southern […]
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•El Espectador reveals that oil importation to Colombia is to be postponed until 2021 due to focus on heavy crude oil. •According to the goals of President Santos, minister of Mines and Energy Carlos Rodado Noriega hopes that by December 2014, production will be 1,350,000 barrels a day. •Currently, 60% of Colombia’s production is made […]
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