Natural gas production starts in Peru
Spanish energy company Repsol said natural gas production started at a site in Peru that has the reserve equivalent of a quarter of the nation’s demand. Gas production started Wednesday Continue Reading
Exxon To Start Exporting Vaca Muerta Gas
Exxon will start exporting natural gas from the massive Vaca Muerta shale play in Argentina to Chile, local media reported . This will make the world’s top oil company the Continue Reading
Analysis: Bolivia seeks investors to power up lagging lithium output
Bolivia hopes surging global lithium demand can lure foreign investors to the country where nearly a decade of state-led development has left output far short of goals for the metal, Continue Reading
Twenty-eight arrests after Venezuela looting, violence
Venezuelan authorities said on Tuesday they had arrested 28 people in southern Bolivar state for looting and disorder over Christmas in the latest unrest during a severe economic crisis. There Continue Reading
Canada to expel Venezuelan diplomat in retaliatory move
Canada will expel a Venezuelan diplomat and bar that country’s ambassador from returning, Foreign Minister Chrystia Freeland said on Monday, after the South American nation booted envoys from Brazil and Continue Reading
Latin America is growing market for US LNG exports, conference told
Despite the Asia-Pacific region’s strong potential demand, Latin America is becoming a steadily growing market for US LNG exports, speakers at a Washington conference indicated. “The trillion dollar question in Continue Reading
Venezuela’s Brutal Crime Crackdown: Executions, Machetes and 8,292 Dead
“We think they were alive a good while as they died from asphyxia,” said Zair Mundaray, a veteran prosecutor who led the exhumation and investigation that pieced together how the Continue Reading
Exclusive: PDVSA in talks with Trafigura to swap over 10 pct of crude output – documents
Venezuela’s PDVSA and international trading company Trafigura are in discussions to swap over 10 percent of the South American country’s crude output for imported fuels for domestic use, according to Continue Reading
Venezuela’s impact on oil markets could be worse than expected: RBC
Oil traders expecting steep production losses from Venezuela are likely to be underestimating the severity of the country’s crisis, according to analysts at RBC Capital Markets. In a research note Continue Reading
Statoil plays $2 billion chip on offshore Brazil
Norwegian energy major Statoil said Monday it would spend at least $2 billion to triple its production capacity from offshore Brazil. The Norwegian company, owned in part by the government, Continue Reading