The Venezuelan state PDVSA is in talks with local and foreign oil contractors to employ equipment and services that will allow it to reactivate depressed production, sources said, after USA relax sanctions on the country. In October, the Treasury Department authorized the production and export of Venezuelan crude oil, gas and fuels, the acquisition of […]
Tag: fuels
Crisis in the Middle East would affect the supply of crude oil and cause price increases
The current crisis in middle East It has the potential to disrupt the global supply of crude oil and cause prices to rise. But a repeat of the catastrophic price increases and long lines at gas stations seen after the 1973 Arab oil embargo is unlikely, experts say. The war between Israel and Hamas “definitely […]
Electricity costs rose 480% in September
In August, 230% more diesel fuel was used for electricity generation in Peru compared to the same month last year, according to the report Main indicators of the electricity sector at the national level – September 2023. This, as a result of the water stress situation reported by the Economic Operation Committee of the National […]
Fuels: reference prices fell to S/0.70 per gallon this week
The reference prices of the main fuels They continue to decline and this week they fell by up to S/0.70 per gallon, as reported by the Supervisory Body for Investment in Energy and Mining (Osinergmin). The fuel that registered the greatest decline was premium gasolinewhich went from S/10.63 to S/9.93 per gallon, closely followed by […]
Fuels: wholesale prices fell by up to S/0.52 per gallon this week
The wholesale prices of the main fuels fell by up to S/0.52 per gallon this week, according to the latest report issued by Petroperú. The greatest reduction was recorded in the premium gasoline and regular gasolinewhich fell to S/21.52 and S/17.60, respectively. For its part, 84 octane gasoline decreased by S/0.46 to S/16.42 per gallon. […]
Reference fuel prices fell to S/0.44 per gallon this week
The reference prices of the main fuels They start the week on the downside and register a decline of up to S/0.44 per gallon, according to the latest report from the Energy and Mining Investment Supervisory Body (Osinergmin). The greatest reduction is noted in the regular gasoline which went from S/10.33 to S/9.89 per gallon. […]
Shipping industry does not have an easy path to decarbonization
The sector of Marine transport lacks clarity about the future fuels and regulatory systems, which is holding back companies from replacing aging vessels amid pressure to decarbonise more quickly, the UN agency UNCTAD said on Wednesday. UN. Maritime transport, which represents more than 80% of world trade and almost 3% of global carbon dioxide emissions, […]
Fuels: reference prices increased by up to S/1.75 per gallon in the last 6 months
In the last six months, the preference prices of the main fuels have mostly experienced a slight variation, although some of them have registered notable increases, even exceeding S/1.70 per gallon, according to data provided by the Supervisory Body for Investment in Energy and Mining (Osinergmin). In the period from March 20 to September 18, […]
Talara lots would inject US$250 million annually into the State
The Executive Branch has closed ranks in favor of the economic benefits that the reversal of the oil lots VI and Z-2B of Talara through the private state company Petroperú. A recent calculation presented by Perupetro estimates savings that would reach up to 60% in the production of each barrel of crude oil, with prices […]
Petroperú’s interest in Talara lots began in 2015
Pedro Chira Fernández, president of the Petroperú board of directors, reported yesterday that the oil company’s interest in returning to the operation of the Talara lots dates back to eight years ago, when its Corporate Strategic Plan 2015-2030 was presented, led by the international consultancy Wood Mackenzie, a recommendation that was materialized in 2018 with […]