News
Vaca Muerta Sur Pipeline Expansion: Construction Underway!
The Vaca Muerta Sur project will have the capacity to export more than 135 million barrels of oil per year.
Oil and Gas
News
Trans Mountain Pipeline Achieves First Successful Crude Oil Loading
The cost of the pipeline expansion has quadrupled since its purchase in 2018.
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OMV Petrom inaugurated the largest crude oil storage tank in Romania
The tank dome is the largest structure of its kind in Romania and its installation was carried out using a technique unique in the country.
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Aboño coal-fired power plant was authorized for its conversion to gas
After conversion to gas, the plant will have an installed capacity of 494 megawatts and will reduce C02 emissions.
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Netherlands Boosts Offshore Gas Drilling & Expands Nuclear Power
The Dutch government plans to increase gas extraction in the North Sea in the coming months, according to agreements.
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Argentina Concludes Hydrocarbon Exploitation Concession
The companies had requested an extension of the concession in 2021, but then withdrew the request, leading to the termination of the contract in 2022.
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Colombia’s Trasandino pipeline could remain idle for the rest of the year
After diverting the flow of oil through Ecuador, Ecopetrol reduced losses from theft from almost 3,000 barrels per day to only 0.3%.
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FPSO Atlanta Launches Operations Off Brazilian Coast
FPSO Atlanta has the capacity to process 50,000 barrels of oil and 140,000 barrels of water per day.
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Oil in Suriname! More than 2 billion barrels have been discovered
In addition to the huge crude oil reserves, Suriname has approximately 12.5 trillion cubic feet of natural gas.
News
Argentina’s best oil production in 20 years recorded
Oil production in Argentina reached 690,000 barrels per day in March, with 52% coming from Vaca Muerta.
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Freeport LNG plant resumed 100% operations
The plant can produce up to 15 million metric tons of LNG per year, enough to cover the gas consumption of approximately 5 million homes in…
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Chevron pulls out of the North Sea after 55 years
Chevron owns a 19.4% interest in the Clair field, the largest in the British North Sea.