Shell plans to boost oil production in Argentina despite price restrictions -executive

(Reuters) - Shell (SHEL.L) plans to increase its oil production by 5,000 barrels per day (bpd) in Argentina's Vaca Muerta shale formation to 50,000 bpd by the end of the year despite limitations on investment, its chief executive said on Tuesday. Ricardo Rodriguez, Shell's CEO in Argentina, said at an oil and gas conference in Buenos Aires... Continue Reading →

September 13, 2023 0

Borders & Southern’s Falkland Islands Offshore Licenses Extended

Oil and gas company Borders & Southern Petroleum said Thursday it had secured the extension of its Production Licences PL018, PL019, PL020, including the Darwin Discovery Area, offshore the Falkland Islands. The offshore licenses were due to expire on the December 31, 2022. After applying for a two-year extension, the company has received confirmation from... Continue Reading →

December 8, 2022 0

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Shell plans to boost oil production in Argentina despite price restrictions -executive

Borders & Southern’s Falkland Islands Offshore Licenses Extended

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