Oil and Gas

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 7, 2022.
In January 2022, the industry was shocked by the announcements of two major offshore discoveries in Namibia, off the coast of South Africa. Shell first announced the discovery of light oil in Graff-1 estimating a total volume of hydrocarbons in the field, which could reach 1,000 million barrels of oil.

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 7, 2022.
Oil prices rose again this Thursday, April 7, on fears of poor supply after new sanctions against Russia were announced Wednesday by Western powers.

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 4, 2022.
Oil traded stable today in the middle of a volatile session influenced by the tensions generated from the conflict in Ukraine and the sanctions imposed by the West on Russia.

By: Dr. Franyi Sarmiento, Ph.D, Inspenet, April 1, 2022.
A team of researchers from the UNAM Institute of Biotechnology (IBt), the Autonomous University of the State of Morelos and Cinvestav Mérida discovered a group of bacteria that degrade oil.

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, April 1, 2022.
In January of this year, Mexico exported 758,000 barrels of oil per day to the United States, according to the monthly report of the Energy Information Administration, EIA for its acronym in English.

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 31, 2022.
US crude oil inventories fell while gasoline and distillate inventories rose, the Energy Information Administration EIA reported on Wednesday.

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 31, 2022.
Exports of crude oil and petroleum products from Guyana to the United States almost tripled (+181.48%) in one year, going from an average of 27,000 in 2020 to 76,000 barrels per day in 2021, according to data from the Energy Information Administration. of the United States (Energy Information Administration EIA).

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 31, 2022.
The state oil company Petroecuador reported that this week it will start the program to reactivate more than 1,000 closed wells in the Ecuadorian Amazon. It will sign specific service contracts with private companies for the reactivation of the wells, which are now closed.

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 30, 2022.
The Government of Canada unveiled its new climate action plan, which calls for a 75% reduction in emissions from the country’s oil sector over the next eight years to meet the 2030 targets.

By: Dr. Franyi Sarmiento, Ph.D., Inspenet, March 29, 2022.
The companies Enagás and Omers Infrastructure, owners of 80% of the GNL Quintero shareholding (the remaining 20% is owned by Enap), have announced the agreement reached with the companies EIG and Fluxys for the sale of their stake in our Company.