A reawakened Russian bear is seeking to reassert the former superpower’s clout by extending influence in Eastern Europe, the Middle East and Latin America . This has seen Putin’s administration Continue Reading
A US appeals court Thursday denied Venezuela’s request for it to reconsider its ruling allowing a PDVSA creditor to go after US refiner Citgo, its most valuable foreign asset. The Continue Reading
Every day, $3 million worth of fuel is smuggled into Colombia from various neighbors who can’t seem to keep their borders under control. Even worse, this is the gas that Continue Reading
Highlights ExxonMobil, Shell, Tecpetrol say resource quality is unquestioned The challenge is above the ground; poor conditions Incoming government being watched for policy direction Buenos Aires — Three leading oil Continue Reading
Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, based on Rystad Energy’s latest data and forecasts. Brazil’s biggest-ever oil auctions Continue Reading
U.S. sanctions on Venezuela have been squeezing the life out of its economy in an attempt to remove the government of Nicolas Maduro from power, but so far those sanctions Continue Reading
International oil majors and Brazil’s state oil firm Petrobras have just announced first oil from a deepwater field in Brazil’s pre-salt Santos basin, which will add 150,000 barrels of oil Continue Reading
Fracking could give Colombia’s oil industry a new lease on life. Latin American states like Colombia have been important producers of oil and gas for this southern continent, the Caribbean Continue Reading
This year’s final oil auction in Brazil ended in a flop on Thursday, with Big Oil staying away from bidding and only one of five blocks awarded, suggesting that the Continue Reading
Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday, passing up offshore blocks and forcing officials to reconsider a bidding system that gives a Continue Reading
