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S.America

S.America
2016, August, 25, 18:40:00

IRANIAN POSITIVE SIGNALS

"We have held conversations on strengthening our position in oil markets," Iran's Foreign Minister Mohammad Javad Zarif said through an interpreter after a meeting with Ecuador's President Rafael Correa. Zarif added that the two countries have agreed to continue talks within the framework of OPEC, without providing further details. Ecuador Foreign Minister Guillaume Long said they discussed establishing a common position with regards to strengthening oil prices.

S.America
2016, August, 17, 18:35:00

CHINA & VENEZUELA COOPERATION

“In this underground lies the energy that China needs for the future. Currently, we are sending 600 Mbpd of crude to China, and we expect to increase this trade to more than 1 MMbpd within the next years.”

S.America
2016, August, 16, 18:35:00

PETROBRAS NET INCOME $106 MLN

Net income attributable to the shareholders of Petrobras of US$ 106 million, compared to net loss attributable to the shareholders of Petrobras of US$ 318 million in the 1Q-2016, as a result of: - A decrease of 22% in net finance expenses; - An 7% increase of crude oil and natural gas total production; - Higher revenues with an increase of 14% in crude oil and oil products exports and lower costs related to natural gas imports; Expenses related to the new Voluntary Separation Incentive Plan (PIDV); and Impairment losses related to Comperj assets.

S.America
2016, August, 5, 18:45:00

IMF WANT LATIN AMERICA

Latin America should strengthen regional trade and financial linkages to boost growth and further the social achievements of the past 15 years.

S.America
2016, August, 4, 18:45:00

TOTAL & GAZPROM IN BOLIVIA

"Incahuasi is one of the largest gas and condensate fields brought on stream in Bolivia. Incahuasi’s production will contribute to Bolivia’s gas exports to Argentina and Brazil as well as domestic consumption”

S.America
2016, August, 3, 18:50:00

ROSNEFT & PDVSA STRATEGIC PARTNERSHIP

Crisis in the global energy industry provides a unique opportunity to expand Rosneft and PDVSA cooperation, which may have a substantial effect on the global oil markets balancing.

S.America
2016, July, 29, 18:50:00

STATOIL BUY BRAZIL: $2.5 BLN

Statoil ASA (OSE:STL, NYSE:STO) and Petróleo Brasileiro S.A. - Petrobras (“Petrobras”) (BVMF: PETR4, NYSE:PBR) have agreed that Statoil will acquire Petrobras’ 66% operated interest of the BM-S-8 offshore licence in Brazil’s highly prolific Santos basin. The acquisition includes a substantial part of the Carcará oil discovery, one of the largest discoveries in the world in recent years.

S.America
2016, July, 27, 18:35:00

VENEZUELA NEED MONEY

Venezuela and state oil company PDVSA face heavy debt payments this year amid weak oil markets and continuing decay of its socialist economic model. Neither have been able to borrow in recent years because the extremely high yields have made such operations too costly.

S.America
2016, July, 8, 18:25:00

WBG: GLOBAL GROWTH DOWN TO 2.4%

The World Bank is downgrading its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing capital flows.

S.America
2016, June, 29, 18:00:00

VENEZUELA'S OIL DOWN

Venezuela’s oil output, already the lowest since 2009, is set to slide further this year as contractors scale back drilling after the cash-strapped country fell more than $1 billion behind in payments.

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U.S. (163)
CHINA (155)
PRICES (116)
LNG (106)
OPEC (103)