Bolivia chose to market its Gold reserves abroad as a strategy to obtain liquidity and guarantee imports of Fuelswhich are sold at subsidized prices in the domestic market. This decision is made in the middle of a serious economic crisis, as reported by the Ministry of Economy. The fall in gas exports has decreased the […]
Tag: gas
Repsol receives US license to operate in Venezuela, according to PDVSA
The Spanish oil company Repsol received an individual license USA to operate in the sanctioned Venezuelareported this Friday the president of the state PDVSA, Pedro Tellechea. Both companies signed an agreement to increase joint production of crude oil and gas on April 17, the same day that Washington announced the end of a relaxation of […]
Gas distributors in Argentina will invest US$ 83 million in 2024
Natural gas distribution companies that operate in Argentina They plan to invest 74,110 million pesos (US$ 83 million) this year after updating the rates. As reported this Wednesday by the Gas Distributors Association in a statement, these investments will improve the infrastructure of the gas network, giving priority to “the security of the network, its […]
Venezuela and Algeria study gas and technological business opportunities
The Minister of Petroleum VenezuelaPedro Rafael Tellechea, and his counterpart from Energy and Mines of Algeria, Mohamed Arkab, met this Monday in Caracas to study business opportunities in gas and technology matters. Through X, the state-owned Petróleos de Venezuela (PDVSA) explained that, during the meeting, “Joint business opportunities were analyzed in the gas area, its […]
TotalEnergies buys 50% of a gas operator in Malaysia for US$ 903 million
TotalEnergies signed an agreement with the Austrian company OMV to buy, for US$ 903 million, a 50% stake in a subsidiary that produces gas in MalaysiaThe French company reported this Wednesday. The French oil giant explained in a statement that the US$903 million it will pay for SapuraOMV includes the assumption of a US$350 million […]
The US warns Maduro that he has until April to fulfill agreements with the opposition
The White House this Monday warned the Government of Nicolas Maduro which has until April to comply with the agreements reached with the opposition before USA make decisions about sanctions. “We have options at our disposal. I’m not going to advance any of them at this time, but we certainly have options regarding sanctions and […]
US tests nitrogen for use as an execution method
The death sentence USA plans to apply this Thursday against the inmate Kenneth Eugene Smith will test an unprecedented method, the nitrogen gaswhich is in the spotlight because its detractors report that it can cause excessive pain in the process and even involve torture. Alabama is, along with Oklahoma and Mississippi, one of the three […]
Venezuela and China evaluate cooperation opportunities in oil and gas matters
authorities of Venezuela and China evaluated, in a meeting in Caracas, opportunities for cooperation in the oil and gas sectors, said the Venezuelan state company PDVSA. In oil cooperation between both nations”, in addition to evaluating “new opportunities for cooperation”. For his part, Tellechea indicated that, at the meeting, they reviewed the “positive evolution of […]
Transport of liquefied gas “will be affected” by tension in the Red Sea, warns Qatar
The transportation of natural gas smoothie “will be affected” due to the escalation of tension in the Red Seawarned this Tuesday the prime minister of Qatar, one of the largest producers in the world. “Liquefied natural gas (…), like all other commodities, will be affected” by “dangerous climbing” in the Red Sea, off the coast […]
The US will economically penalize methane emissions in the oil and gas sector
The Government of the USA announced that it will financially penalize emissions of methane of the sector of Petroleum and of natural gas to reduce the pollution caused by gases greenhouse effect. He Methane Emissions Reduction Programas stated in a statement by the United States Environmental Protection Agency (EPA), will force those oil and gas […]