By: Franyi Sarmiento, Ph.D., Inspenet, August 18, 2022.
The British energy company, BP, will stop exploring for hydrocarbons in Mexico after six years of presence in the country following the opening of the energy sector to private companies during the administration of Enrique Peña Nieto.
By: Franyi Sarmiento, Ph.D., Inspenet, August 16, 2022.
In Peru, there are five different technical careers that generate the highest monthly income for their professionals. Here we explain what they are.
By: Franyi Sarmiento, Ph.D., Inspenet, August 15, 2022.
88 Energy Limited has reported an independently certified maiden prospective resource estimate of 1.03 billion barrels of oil, on a gross average and unrisked basis, for the development of the Icewine East Project in Alaska, in which the company has a 75 percent net operating interest.
By: Franyi Sarmiento, Ph.D., Inspenet, August 12, 2022.
Last Friday, August 5, the impact of a lightning strike on tank 51 of the supertanker terminal in the city of Matanzas, Cuba, caused a fire that spread to the four fuel reservoirs of one of its batteries, which caused a fire of major proportions on the island.
By: Franyi Sarmiento, Ph.D., Inspenet, August 11, 2022.
Brent and West Texas Intermediate oil prices reported declines, awaiting data on inflation in the US and the possible resumption of flow in the Druzhba pipeline.
By: Franyi Sarmiento, Ph.D., Inspenet, July 29, 2022.
The US Energy Information Administration (EIA) lowered its Brent crude price forecasts for 2022 and 2023 in its latest Short Term Energy Outlook (STEO).
By: Franyi Sarmiento, Ph.D., Inspenet, July 26, 2022.
Afghanistan signed a contract to purchase 350,000 tons of oil from Iran, the Ministry of Finance announced today.
By: Franyi Sarmiento, Ph.D., Inspenet, July 22, 2022.
The discoveries of offshore hydrocarbons in the Argentina Norte (CAN) and Malvinas Oeste (MLO) Basins could have an economic impact of 3.6% of the Gross Domestic Product (GDP) in the years with the highest level of production and export of the resource, with exports for up to USD 447,076 million.
By: Franyi Sarmiento, Ph.D., Inspenet, July 21, 2022.
When reporting the results of his official visit to the United States, President Andrés Manuel López Obrador highlighted the investment of 40 billion dollars for the energy sector.
By: Franyi Sarmiento, Ph.D., Inspenet, July 19, 2022.
OPEC producers will have to pump crude at the fastest rate in five years; in 2023, if they want to balance oil supply and demand. Capacity limitations suggest they may struggle.
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