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Latin America Oil & Gas News is an EIN News Service for oil and gas industry professionals. Constantly updated news and information about Latin America Oil & Gas.
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Latest Latin America Oil & Gas News

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  • Venezuela, Colombia and the threato fo war in Latin America 7 Nov 2009 06:30 GMT
    ... Colombia and the threato fo war in Latin America Venezuela, Colombia and the threato fo war ... Venezuelan government, which is the fifth largest oil exporter in the world, has sharply increased social ...

  • Bullion reaches $1,100 but crude tumbles 7 Nov 2009 03:11 GMT
    ... November 7 2009 02:00 hit a fresh peak above $1,100 an ounce yesterday but crude oil prices fell as a disappointing rise in US unemployment fuelled concerns about prospects for a recovery in the world's largest energy consumer. Gold hit ...

  • WEEKAHEAD-The view from Reuters editors in the Americas 7 Nov 2009 02:50 GMT
    ... a new, improved relationship with Latin America. OIL PRICING - We're chasing comments from oil exporters ... they could join Saudi Arabia in pricing crude sold to the United States based on the ... last week, it was more due to refiners cutting back production than a solid rebound ...

  • Big Guns Stay Clear of Jubilee 'Mess' 7 Nov 2009 00:35 GMT
    ... News Network) -- Total SA, Europe's third-largest oil producer, and Chevron Corp. said they're not ... how the rights are split. Ghana's nascent petroleum industry, still a year away from production ... GNPC holds 13.75 percent, Sabre Oil & Gas owns 2.81 percent and EO Group has 1.75 ...

  • 'US foreign policy is straight out of the Mafia' 7 Nov 2009 09:25 GMT
    ... insurance and pharmaceutical companies." Now the American Petroleum Institute is determined to "follow the success ... harsh and oppressive regimes to take their oil." Half a century later, corporations like Lockheed ... that he didn't pay enough attention to Latin America -- it was the best thing that ...

  • 'Stronger rather than weaker' 7 Nov 2009 06:16 GMT
    ... percent. Already, demand from China can affect oil prices, and it is starting to influence what ... Bank survey last year, behind most of Latin America and parts of Africa. "China's foreign currency ...

  • Powersharing deal in Honduras collapses 7 Nov 2009 01:14 GMT
    ... A POWERSHARING deal between the de-facto government of Honduras ... president Hugo Chávez. Curfews, media curbs, tear gas and mass arrests have been used to suppress ... universal, leaving the leaders of the impoverished coffee-exporting country isolated but defiant. European and Latin ...

  • GE Announces Latest Advancements To Leading Gas Turbine 6 Nov 2009 18:37 GMT
    ... GE Announces Latest Advancements To Leading Gas Turbine New Advanced Gas Turbine delivers higher ... more flexibility and fewer emissions, with estimated fuel savings of $2M per year Greenville, SC ...

  • Brazil's Petrobras to Purchase Chevron's Assets in Chile 6 Nov 2009 02:11 GMT
    ... Brazil's state-controlled oil and gas giant Petrobras announced on Thursday that it ... service stations in Chile, distributing and marketing fuel at 11 airports and six distribution terminals. ...

  • Gran Tierra Energy, Inc. Q3 2009 Earnings Call Transcript 6 Nov 2009 21:37 GMT
    ... the third quarter averaging 12,945 barrels of oil per day net after royalty. This was ... the result of a 209% increase in crude oil production, partially offset by lower oil ... a long-term production test of the Popa-2 gas condensate well in the real Magdalena Block is ...

  • Gold passes $1,100 level 6 Nov 2009 19:15 GMT
    ... 6 2009 18:57 hit a fresh peak above $1,100 an ounce on Friday but crude oil prices fell as a disappointing rise in US unemployment fuelled concerns about prospects for a recovery in the world’s largest energy consumer. hit $1,100.90 ...

  • Roubini: Commodities Due for a Correction 6 Nov 2009 23:12 GMT
    ... From crude to copper, from gold to silver, most commodities ... China to drive global growth, how $100 oil would tip us back into recession, and what ... are just talking their books. Crigger: Is OPEC still effective at managing oil prices? In ...

  • Gold maintains push towards $1,100 level 6 Nov 2009 11:34 GMT
    ... of its record high on Friday while oil prices rose and base metals inched higher in ... barrel. Jose Botelho de Vasconcelos, president of Opec, said during an oil sector meeting in ... less at an acceptable level” and that crude at $80 a barrel in 2010 would be ...

  • Baker Hughes Announces October 2009 Rig Counts 6 Nov 2009 11:31 GMT
    ... drilling rigs actively exploring for or developing oil or natural gas in the United States, Canada and international markets. ... rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company ...

  • Baker Hughes Announces October 2009 Rig Counts (PRN) 6 Nov 2009 11:50 GMT
    ... drilling rigs actively exploring for or developing oil or natural gas in the United States, Canada and international markets. ... rig counts as a service to the petroleum industry since 1944, when began weekly counts ...

  • AES Reports Strong Third Quarter Results and Increases 2009 Full Year Earnings and Free Cash Flow Guidance (BIZ) 6 Nov 2009 14:30 GMT
    ... "The strong quarterly performance was driven by higher ... Company's generation businesses in Pakistan and lower fuel inventories in Chile improved working capital. -- ... including the 380 MW combined cycle natural gas facility Amman East in Jordan, the 49.5 ...

  • AES Reports Strong Third Quarter Results and Increases 2009 Full Year Earnings and Free Cash Flow Guidance 6 Nov 2009 14:31 GMT
    ... -- Diluted EPS from Continuing Operations up 27% to ... Company's generation businesses in Pakistan and lower fuel inventories in Chile improved working capital. -- ... including the 380 MW combined cycle natural gas facility Amman East in Jordan, the 49.5 ...

  • Revised: Baker Hughes Announces October 2009 Rig Counts 6 Nov 2009 16:31 GMT
    ... drilling rigs actively exploring for or developing oil or natural gas in the United States, Canada and international markets. ... rig counts as a service to the petroleum industry since 1944, when Hughes Tool Company ...

  • Stocks That Stand Out For Nov. 5th, 2009 Are HRRN, NUBL, AVOE, EGMI, GSIG 6 Nov 2009 09:34 GMT
    ... preliminary negotiations with a Houston, Texas based Oil and Gas company for the purpose of drilling a deep ... independent energy company engaged in the acquisition, exploration and development of oil and natural gas ...

  • Spread Betting by Vince Stanzione 6 Nov 2009 16:53 GMT
    ... as China. Furthermore, Brazil is rich in oil and the state still owns the majority of Petrobras (NYSE: PBR), which owns the Tupi Oilfield, ... stated that he is not interested in exporting oil but would rather export higher-margin oil ...

  • Geokinetics Reports Third Quarter 2009 Results 6 Nov 2009 02:56 GMT
    ... less than 2% from the third quarter of 2008. While lower global prices for oil and natural gas have tempered exploration spending during the past year, the international job mix has been shifting to shallow ...

  • Post Office, British Airways, Northern Rock 6 Nov 2009 06:52 GMT
    ... going bust, the Independent reports. , an exploration group focused on Latin America, is seeking ... development of what could be a large oil discovery off the coast of Peru. The Aim-listed ...

  • Political Risk Premiums Rising in Response to Resource Nationalism 6 Nov 2009 04:41 GMT
    ... across emerging markets in the last year, fuelled by rising resource nationalism and unrest linked ... problems have not been limited to the oil sector and Norwegian telecom Telenor faced a ... both financial and economic crisis. Ukraine's state gas firm Naftogaz defaulted on a $500 million ...

  • The International Food System and the Climate Crisis 6 Nov 2009 04:42 GMT
    ... our food system’s heavy reliance on fossil fuels and the significant carbon footprint generated by ... of is, of course, mostly the fossil-fuel oil and gas needed for the production of fertilisers and ...

  • Wall Street News Alert: Market Alert for Friday: Navajo Wind Energy -- November 6, 2009 6 Nov 2009 15:56 GMT
    ... expenses that will accelerate development of our pipeline products, tesetaxel and oral gallium. Participants can ... treatment of patients with cancer. Market Commentary: Oil is down as U.S. crude for December lost 78 cents to settle ...


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