Oil and Gas Archives - Page 5 of 27

Oil and Gas Sep, 22, 2023 0

Russia cuts September seaborne diesel exports to meet domestic shortage

The Russian government announced on Thursday (21/9) that it will temporarily limit gasoline and diesel exports to prevent shortages in the domestic market. The measure aims to address rising prices…

Oil and Gas Sep, 22, 2023 0

Despite low price, Brazil has largest oil trade surplus

Despite the rise in oil prices to last year’s high levels, Brazil’s trade balance in this commodity and its products posted a surplus of $13.8 billion from January to August,…

Oil and Gas Sep, 18, 2023 0

From Vaca Muerta to Chile and Brazil: Massa’s negotiations to increase exports

Despite the ongoing election campaign, Argentina’s Minister of Economy, Sergio Massa, is keeping a strong focus on the energy agenda. Currently, negotiations are underway in the Argentine government to advance…

Oil and Gas Sep, 11, 2023 0

Argentina aims to halt gas imports and increase exports from Vaca Muerta bounty

Argentina’s government is putting a focus on stepping up exports of natural gas as production rises in Vaca Muerta, with the first goal to halt gas imports by 2024 or…

Oil and Gas Sep, 11, 2023 0

Brazil Boosts Oil Imports from Russia, Surpassing U.S. Shipments

Brazil increased its imports of oil products from Russia in August of this year to 920,000 tonnes, which is three times more than the volumes acquired from the United States,…

Oil and Gas Sep, 01, 2023 0

Bolivia announces depletion of natural gas reserves with end of exports in near-sight

President, Luis Arce, announced on Friday, the 1st, that the country’s natural gas reserves have been depleted, and exports to Argentina and Brazil will be interrupted, leaving a massive hole…

Oil and Gas Aug, 22, 2023 0

Argentine gas exports fall in July

Argentine gas exports contracted 26% year-on-year in July after having doubled in June, according to data from industry regulator Enargas. Argentina piped 2.88Mm3/d (million cubic meters per day) across its…

Oil and Gas Aug, 14, 2023 0

Rising oil production continues to boost Brazil’s export momentum

The surge in oil production has propelled this commodity to the forefront of Brazil’s export portfolio, and this trend shows no signs of abating. Anticipated to persist, this growth is…

Oil and Gas Aug, 01, 2023 0

Petrobras has a 22.6% decline in oil exports in the 2nd quarter

Petrobras’ production report for the second quarter, released on Wednesday night (26), showed a drop in oil exports in a scenario of increased processing at national refineries. This greater use…

Oil and Gas Jul, 21, 2023 0

Bolivia likely to end gas exports to Brazil by 2030

Bolivia may shift from being an exporter of natural gas to Brazil and Argentina to becoming an importer by 2030. A report by British energy consultancy Wood Mackenzie indicates that…