HomeOil and Gas

Oil and Gas

Ports and Terminals Aug, 13, 2024 0

Gas Sul Terminal: How Does Santa Catarina’s New Regasification Terminal Works?

The Gás Sul Terminal is now operational, marking another major investment in the Babitonga Bay port complex, where both public and private ports are located in São Francisco do Sul…
Oil and Gas Jul, 22, 2024 0

Ceará Export Processing Zone Sees Significant Growth in Cargo Throughput in First Half of 2024

Operating 24 hours a day, seven days a week, the Ceará Export Processing Zone (EPZ), part of the Pecém Complex, reported a positive balance in cargo throughput for the first…
Oil and Gas Jul, 17, 2024 0

Argentina set to become part of the VLCC trading map

Argentinians could soon see very large crude carriers (VLCCs) off their coastline. A pipeline is under construction to deliver crude from Vaca Muerta, South America’s largest shale formation, to Punta…
Oil and Gas Jul, 12, 2024 0

IEA sees oil demand growth slowing as China’s share ebbs

Global oil demand growth will slow to just under a million barrels per day (bpd) this year and next, the International Energy Agency (IEA) said, as Chinese consumption contracted in…
Oil and Gas Jul, 05, 2024 0

20-year FLNG gig in South America opening doors to LNG exports’ club for Argentina

Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure Golar LNG has sealed a deal with Pan American Energy (PAE), a Latin American integrated energy company, for a…
Economy Jun, 07, 2024 0

Oil leads the way as extractive industry drives trade surplus

Brazil’s trade balance closed with a surplus of $35.9 billion from January to May, a record for the period, boosted by the strong performance of the extractive sector, particularly oil.…
tanker charters / navios tanker
Oil and Gas Jun, 06, 2024 0

Safety dangers from sanctioned tanker fleet growing, ship manager V.Group says

Safety dangers are growing from ageing and unregulated vessels, leading ship management firm V.Group told Reuters, adding it had stopped providing services to 30 tankers last year after they were…
Oil and Gas May, 31, 2024 0

Argentina government unblocks key Petrobras gas shipment amid supply cuts

Argentina’s government, facing domestic gas shortages and targeted service cuts, said on Wednesday that it had unblocked the unloading of a key Petrobras gas shipment, which it added should stabilize…
Oil and Gas May, 10, 2024 0

Oil set to top Brazilian exports in 2024

Oil is gaining increasing prominence and is expected to emerge as Brazil’s primary export this year. The shift comes as the extractive industry now constitutes a quarter of the country’s…
Oil and Gas May, 10, 2024 0

Petrobras evaluates routes to import gas from Argentina

A Petrobras delegation traveled to Argentina to monitor natural gas production in Vaca Muerta amid negotiations to facilitate routes to import gas from the region, Valor learned. Vaca Muerta is…