The barrel of West Texas Intermediate (WTI), the benchmark oil for the US and countries in the region such as Peru, reached peaks of up to US$ 116.57 yesterday, its highest level in almost 14 years (September 2008). However, at the close it contracted -7.63% and fell to US$ 107.67. But so far in 2022, […]
Tag: natural gas
Oil escalation reveals shortcomings in energy security
The war between Russia and Ukraine, and its subsequent impact on oil and gas prices, have reopened the debate on energy security on the world agenda. In the region, Colombia awaits Hidroituango in July, a hydroelectric plant with the capacity to cover 20% of the country’s demand; Brazil, Guyana and Suriname enlist the largest hydrocarbon […]
Cusco: 800 vehicles already have Camisea natural gas in the imperial city
The Camisea Consortiumoperated by Pluspetrol, reported that at least 800 cars already have natural gas in Cusco, as part of the agreement for the Promotion and Development of the Use of Liquefied Natural Gas for Vehicles (VNG-L), which seeks to promote its use in the urban transport. Along with the Ministry of Energy and Mines, […]
Russia and Ukraine: these would be the global economic consequences
The invasion of Ukraine by Russia is already a fact, after the announcement of the Russian president Vladimir Putin this Thursday, February 24, which had an immediate impact on the operations of the world stock markets, foreign exchange market and safe-haven assets. Stocks around the world plummeted, while the Oil rallied above $100. Gold gained […]
Gas exporters warn of limited capacity to increase supply
At the end of a summit in Doha, in the context of the Russian-Ukrainian crisis, gas producers indicated that they have a limited capacity to rapidly increase their supply to Europe and they are not clear about prices, warned this Tuesday, February 22, the Gas Exporting Countries Forum (GEPF). Presidents and prime ministers of the […]
Juan Manuel Rojas: “The cool thing about Peru is that everything remains to be done and you have gas”
Special envoy to Talara. The overcrowding of natural gas progress in the regions. This is the case of the northern concession and Piura. This week, Promigas reached 175,000 connections in this area of Peru, a country that still has a penetration level of just 11%. In Colombia, 70% of the population already has energy at […]
175,000 homes already have natural gas in the north of the country
Teresa Farfán, a housewife in her sixties, finalizes the details in her home located in the Jorge Chávez human settlement in Talara, to receive recognition for becoming the 4,000 natural gas connection in Piura. The concessionaire for this region, Quavii, has 700 connections in Talara; while in the entire north there are 175,000 that have […]
Oil companies paid US$ 1,241 million in royalties to the State in 2021
The National Society of Mining, Petroleum and Energy (SNMPE) reported that the companies that work in the sector hydrocarbons They paid a total of US$ 1,241 million in royalties to the State during 2021. This figure represents a growth of 143.3% compared to the US$ 510 million that oil companies paid for royalties in 2020. […]
The massification of natural gas in the Piura region is in danger due to litigation
Gasnorp, responsible for the distribution of natural gas in the Piura region, reported that, like the Ministry of Energy and Mines (Minem), appealed the sentence –in first instance– issued by the Permanent Civil Court of Talara, which declared the claims of the company to be partially founded. Gastalsaa company whose concession contract was declared expired […]
SPH asks for more time to review the final report on the mass use of gas
The Peruvian Hydrocarbons Society (SPH) He requested a period of 30 days to review the final report of the Multisectoral Commission for the Massification of Natural Gas, presented last Friday night, January 21. The term granted to other organizations to send their comments and suggestions was until yesterday, Tuesday the 25th, that is, less than […]