The PetroTal company revealed that it plans to invest in Peru more than S/ 475 million (US$ 125 million) during 2023, which would be used to develop new horizontal wells and infrastructure in the lot 95located in Loreto —currently the largest producer of crude oil in the country and the main generator of oil canon […]
Tag: Petroleum
Repsol gets rid of million-dollar fine amid conflict of interest
Yesterday marked one year of the largest ecological disaster that has affected the Peruvian sea, due to the spill of more than 11,000 barrels of oil. Far from making the sanctions against the person responsible effective, the La Pampilla refinery SAA of Repsol has been released from a million-dollar fine in the midst of a […]
OEFA separates the technical secretary of the Audit Court after revealing a conflict of interest
OEFA reported that it made the decision to separate the official Angélica María García Gilio for being the wife of Adolfo Eugenio Huapaya Venegas, Industrial Hygiene and Safety engineer at the La Pampilla Refinery. This, after the company went to the Inspection Court to appeal a sanctioning administrative procedure, an instance in which said official […]
Oil price rises 1% after the announcement that demand will reach a record in 2024
The oil prices They rose this Tuesday, January 10, when the United States Government forecast a record world consumption of crude oil for next year, while the dollar was at a seven-month low. Brent futures were up 86 cents, or 1.1%, at $80.40 a barrel as of 5:27 p.m. while US crude (WTI), used as […]
Pemex evaluates debt payment alternatives with the Treasury
Mexican oil weighs debt payment options with the finance ministry as the company struggles to turn high oil prices into profit amid weak production and a focus on refining rather than exporting its crude. The general director of Pemex, Octavio Romero Oropeza, said that since the last quarter of 2022 he has been in talks […]
WTI oil falls 5.3% and closes at US$72.84 a barrel, its lowest value in 3 weeks
The price of Texas intermediate oil (WTI) fell 5.3% this Wednesday, January 4, and closed at US$72.84 a barrel, its lowest value in more than three weeks. At the end of trading in New York, WTI futures contracts for February delivery added $4.09 compared to the end of their previous trading session. This fall is […]
Chevron has already loaded its first ship with Venezuelan oil for the US and is preparing the second
American oil company Chevron completed the work of loading crude oil from Venezuela and is preparing the arrival of a second freighter for this week, according to Argus, a medium specializing in hydrocarbons matters. This first batch of commercial reconciliation at the energy level between the North American nation and the Government of Nicolás Maduro […]
Putin says he will sign Russian response to oil cap ‘on Monday or Tuesday’
The president of Russia, Vladimir Putinsaid this Thursday sign “Monday or Tuesday” next week the decree on the country’s response to the ceiling of 60 dollars per barrel imposed by the European Union (EU), the G7 and Australia on Russian crude. LOOK HERE: Management crisis in Corpac puts flights at risk in dozens of airports […]
Oil rebounds due to travel season, in a week marked by the weakness of the dollar
The prices of Petroleum international had a slight takeoff this Monday thanks to the demand for fuel in the United States, the little supply and a slightly weaker dollar. For its part, China is getting ready to reopen its borders after a confinement that lasted two months and that contributed to concerns about a marked […]
Gasoline today in Peru: what is the price for today, Wednesday, April 20, at the taps
The price of gasoline, gasohol, LPG, diesel, Petroleum and the gas ball have increased in the country, especially in Lima and Callao due to the rise in the crude oil cost by the conflict between Russia and Ukraine, a situation that affects Peruvians. Find out how much it costs today, Wednesday, April 20, and where […]