Displaying 1 - 10 of 124 articles
Petrel Energy's associate Schuepbach Energy International expects to drill in late May or early June, the first two core holes at its Uruguay unconventional oil and gas play.The locations for the two core holes have been carefully selected to confirm basic reservoir parameters critical for oil generation...
Canadian-baesed Pacific Rubiales Energy Corp. announced the discovery of natural gas and condensate in the Manamo-1X exploration well drilled in the Guama Block in the Lower Magdalena basin, onshore northern Colombia. The Company has 100% working interest in the block and is the operator. Ronald...
On January 24 2013 the National Agency of Petroleum, Natural Gas and Biofuels (ANP) published a draft of the preliminary tender package for the 11th oil and gas bidding round, in which 172 blocks will be offered. ANP is entitled to remove or add further blocks to the list at any stage, provided...
Spanish oil and gas producer Repsol has taken a case against the Argentine state, claiming the South American country acted wrongly in nationalising Repsol's subsidiary, YPF. Argentine government sources said the complaint had been lodged with the World Bank’s International Centre...
Repsol has pressed charges against Chevron over “disloyal competition,” after the US company reached an agreement with its former Argentine branch YPF to conduct explorations in the Vaca Muerta reservoir, a company spokesman announced. A Madrid court has accepted the case, which complements...
Market overview of Colombia's Oil & Gas sector: Colombia is proving an increasingly popular jurisdiction for investment, thanks to a booming economy, political and economic stability, an entrepreneurial culture and high levels of productivity and performance in selected sectors. By the first quarter...
Americas Petrogas provides an update on its shale oil and gas operations in Argentina. On the Totoral block (Americas Petrogas – 90% working interest and operator), the Company has completed all logistics and is about to perform an hydraulic fracture stimulation program, followed by...
Petrobras (Petroleo Brasileiro SA), said it had discovered 56.6 billion cubic meters of recoverable natural gas in the Madre de Dios Basin, Peru. Brazil's state-led oil company said the find at the Urubamba, Picha and Taini wells also includes 113.7 million barrels of natural gas liquids...
At an energy seminar this week, the General Director of ANP (Brazil’s National Petroleum Authority), Magda Chambriard, announced that the country’s natural gas output could nearly double by 2020 and reach up to 120 million cubic meters a day. “Between 2016 and 2018, 21 new platforms...
The district council is discussing a draft accord (169/2012) establishing a number of tax incentives for parties which modify their traditional energy-generation sources by converting to alternative renewable and clean energies. Despite Colombia's abundance of natural resources, several non-renewable...