Guyana Opens Bidding for Crude Marketing Contracts Amid Growing Oil Production
On Tuesday, Guyana's National Procurement and Tender Administration Board announced that it has received bids from major international energy companies ...
Tag: oil
Repsol Secures Agreement for Oil Transshipment in Brazil’s Expanding Energy Market
Repsol SA, one of Spain's leading oil companies, has entered into a new partnership to facilitate its crude oil shipments ...
Peruvian Government Intervenes to Rescue Petroperu with $1.75 Billion Financial Package
Peru's government has approved a $1.75 billion financial aid package to support Petroperu, the state-owned oil company struggling with mounting ...
Ecuador Begins Dismantling Controversial Oil Operations in Yasuni National Park Amidst Growing Tensions
Ecuador’s government has initiated the long-awaited dismantling of oil infrastructure in Yasuni National Park, as the deadline for halting operations ...
Ecuador and Chile’s ENAP Sign $90 Million Oil Investment Deal
Ecuador has successfully renegotiated an agreement with ENAP SIPEC, a subsidiary of Chile's state-owned oil company ENAP, for the continued ...
Investors in Venezuela’s Bonds Engage Orrick Herrington & Sutcliffe for Restructuring Efforts
In a strategic move toward the restructuring of Venezuela's substantial international debt, a consortium of bondholders has enlisted the legal ...
Burford Capital Pursues YPF Control in $16 Billion Argentine Judgment Case
Burford Capital is pushing for control of Argentina's state oil company, YPF SA, in a bid to collect on a ...
U.S. Revokes Key License, Impacting Venezuela’s Oil Sector
In a significant blow to Venezuela's oil sector, the United States has revoked a crucial license that allowed the South ...
Brazilian Oil Merger Frenzy: Enauta and 3R Pursue Consolidation
Enauta Participações SA revealed a potential merger with 3R that could create a company capable of producing over 100,000 barrels ...
Uncertain Future: Citgo Auction Falls Short of Expectations
The recent U.S. auction of shares determining the future of Citgo Petroleum, a Venezuelan-owned oil refiner, has yielded a highest ...
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