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Sept. 3 (Reuters) Argentine President Javier Milei said on Thursday he would tighten sanctions on companies involved in oil projects around the Falkland Islands, boost defense resources in the country's south and send Congress a bill aimed at strengthening Argentina's response to what he called violations of its sovereignty. In a televised address, Milei said... Continue Reading →
Sept 2 (Reuters) - Several international energy firms, including Eni, GE Vernova and Chevron committed on Wednesday to project expansions to boost oil output in Venezuela, in a signing ceremony in Caracas overseen by interim President Delcy Rodriguez and U.S. Energy Secretary Chris Wright. The deals are separate from a Caracas-Washington deal recently unveiled that gives the U.S. access to... Continue Reading →
Sept. 2 (OE) Woodside Energy has signed a non-binding Memorandum of Understanding (MoU) with Petróleos Mexicanos (PEMEX) that will allow analysis of potential future opportunities for exploration and extraction of hydrocarbons in the deep waters of the Gulf of Mexico. It will also facilitate the mutual exchange of technical knowledge, experience, and industry best practices... Continue Reading →
Sept. 2 - Colombian geophysical services company Vector Geophysical has acquired 30,000 STRYDE Halo-Connect ground-based seismic nodes along with a Nimble receiver system, significantly expanding its capacity to execute high-density seismic surveys in Colombia. The agreement marks STRYDE's first large-scale order for Halo-Connect since the launch of the next generation of its miniaturized seismic node... Continue Reading →
Sept 2 (Reuters) - Chevron will invest more than $7 billion through its Venezuela joint ventures to double oil production to about 600,000 barrels per day over the next five years in the South American country, the U.S. oil major said on Wednesday. Under new agreements, Chevron's Petroindependencia joint venture will expand to include two adjacent areas in... Continue Reading →
Sept. 2 (Reuters opinion by Ron Bousso) From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change. Oil production in the Americas... Continue Reading →
Sept. 1- ANP releases Brazil oil and gas production data for July 2026, 5.851 million barrels of oil equivalent per day (boe/d) of oil and natural gas. Regarding oil, 4.498 million barrels per day (bbl/d) were extracted, an increase of 0.5% compared to the previous month and 13.6% compared to the same month in 2025.... Continue Reading →
Sept. 1 (Reuters) An unprecedented deal for the U.S. to gain access to a fifth of Venezuela's oil reserves - and the central role a Venezuelan businessman will play - is prompting questions and hesitation from some oil companies evaluating potential investments in the country, sources familiar with the situation told Reuters. A White House fact... Continue Reading →
Aug. 31 (finance.yahoo.com) Ali Moshiri, CEO of Amos Global Energy and former President of Chevron Africa and Latin America, recently appeared on CNBC to weigh in on what an ownership stake in Venezuelan oil fields could mean for the U.S. He believes that one of the biggest advantages of the deal will be that Venezuelan oil... Continue Reading →
Aug 31 (Reuters) - Colombian firms handling oil services and goods are moving into Venezuela to work in the sector, following announcements of reactivation and new exploration and production contracts, a trade group leader said on Monday. The move comes as President Donald Trump announced that the United States had secured majority control over some... Continue Reading →
