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Tag: fuel

Lot X in its final stretch: this Thursday the Petroperú partner is known

Lot X in its final stretch: this Thursday the Petroperú partner is known Lot X in its final stretch: this Thursday the Petroperú partner is known

Only two consortiums presented themselves to accompany Petroperú in the next operation of Lot X of Talara, the most important in the northwest basin. The agreement is to grant 60% of the participation to the private operator, and 40% to the Peruvian state company, but the latter will not make risk investments in exploration. These […]

They sue Argentina in the US for debt for fuel used in the presidential plane

They sue Argentina in the US for debt for fuel used in the presidential plane They sue Argentina in the US for debt for fuel used in the presidential plane

An American firm sued Argentina for failing to pay fuel used by the presidential plane, in expenses that correspond mainly to the period of the government of Alberto Fernandez in 2023, although also at the beginning of the management of his successor, Javier Milei. Associated Energy Group, with headquarters in Miami (southeast) and subsidiaries in […]

Measures issued due to shortage of airplane fuel

Measures issued due to shortage of airplane fuel Measures issued due to shortage of airplane fuel

He Ministry of Energy and Mines (Minem) announced that it will allow, during the next two weeks, producers and wholesale distributors of Turbo A-1, fuel used by aircraft, to operate with stocks (reserves) in the plant of less than five days, due to an imminent risk of market shortages. . Resolution 059-2024-MINEM/DGH reveals that the […]

Minem warns of risk of fuel shortages for national and international flights

Minem warns of risk of fuel shortages for national and international flights Minem warns of risk of fuel shortages for national and international flights

The Ministry of Energy and Mines (Minem) announced that it will allow wholesale producers and distributors of Turbo A-1, fuel used by aircraft, to operate with stocks (reserves) of less than 15 days, due to an imminent risk of market shortages. . Directorial resolution 059-2024-MINEM/DGH reveals that production problems at Petroperú’s Talara Refinery, due to […]

Argentina: oil companies apply fuel increases of around 27%

Argentina: oil companies apply fuel increases of around 27% Argentina: oil companies apply fuel increases of around 27%

Oil companies on Wednesday increased the value of fuels in Argentina around 27% within the framework of the price liberalization policy of the president’s government Javier Milei, ultra-liberal profile. The increases were arranged by Axion, Shell and the Argentine state-owned YPF, among other companies, which determined that hours before the increases were finalized, queues of […]

Cuba will raise fuel prices and end the universal subsidy for the basic basket

Cuba will raise fuel prices and end the universal subsidy for the basic basket Cuba will raise fuel prices and end the universal subsidy for the basic basket

He cuban government announced this Wednesday an economic shock plan for 2024 with increases in fuel prices, the electricity, he water and other services, as well as the end of the universal subsidy for the basic food basket. The Cuban Prime Minister, Manuel Marrero, advanced this plan when speaking on the first day of the […]

Who are the Houthis and why do they attack ships transiting the Red Sea?

Who are the Houthis and why do they attack ships transiting the Red Sea? Who are the Houthis and why do they attack ships transiting the Red Sea?

He International Trade He is a victim of war. A few days ago, freight ships in the Red Sea were attacked by rebels Yemen Houthis causing shipping companies and oil companies temporarily suspend their transit through said route. But what is the interest of the Houthis? Why do they attack? Who supports or finances them? […]

World fuel, the commodity most exposed by the collapse of the Red Sea

World fuel, the commodity most exposed by the collapse of the Red Sea World fuel, the commodity most exposed by the collapse of the Red Sea

Attacks on cargo ships in the Red Sea by the Houthi rebels Yemenbacked by Iran in the context of the Gaza war, are beginning to disrupt world trade by endangering transit through a key route. With the Suez Canal to the north and the strait Bab el-Mandeb To the south, the route through the Red […]

Petroperú receives Lot Z-69 without a partner after increasing production of VI

Petroperú receives Lot Z-69 without a partner after increasing production of VI Petroperú receives Lot Z-69 without a partner after increasing production of VI

The Peruvian Government and Petroperú will sign today the hydrocarbon exploitation license contract, for up to 2 years, in the Lot-69formerly Lot Z-2B, after successfully receiving and increasing production in lots I and VI, also in Talara. Contrary to the original project, the state oil company will enter Lot-69 without a partner, because The two-year […]

Lack of fuel threatens to suspend UN humanitarian aid in Gaza

Lack of fuel threatens to suspend UN humanitarian aid in Gaza Lack of fuel threatens to suspend UN humanitarian aid in Gaza

United Nations warned this Monday that it must suspend its operations humanitarian aid in the Gaza Strip within “48 hours” due to the lack of fuel, which left hospitals in the north of the Palestinian territory out of service, according to the Islamist movement Hamas at war against Israel. The UN has been asking for […]

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