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A service for energy industry professionals · Friday, April 4, 2025 · 800,134,586 Articles · 3+ Million Readers
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South America Oil & Gas News Monitoring

  • Published on Apr 2, 2025

    Fuel Prices in Ghana to Rise as Oil Costs Climb

    Fuel prices at Ghana’s pumps are set for a modest increase beginning Wednesday, 2 April, as global oil costs edge upward. Petrol is expected to rise by 2% to GHC 15.20 per liter, while diesel is anticipated to increase by 1.1% to GHC 15.35 per liter. In …

    Source: News Ghana - Uncategorized
  • Published on Apr 2, 2025

    Oil is in a tug of war between sanctions & tariffs, strategist says

    00:00 Speaker A you have clients, they’re asking you, listen, where oil is today, where it is 12 months from now, what are you telling them? 00:10 Vikas Dwivedi Yeah. Look, uh what we tell them is that, um you, there’s no way to avoid the geopolitical, um …

    Source: Yahoo Finance - Label Pending
  • Published on Apr 2, 2025

    Venezuela’s oil exports fall 11.5% over US tariffs and sanctions, shipping data say

    (Reuters) – Venezuela’s exports of crude oil and fuel fell 11.5% in March as Washington’s imposition of secondary tariffs and the cancellation of key licences to operate in the U.S.-sanctioned energy sector led to delays and cargo suspensions, according to …

    Source: Stabroek News - Neutral
  • Published on Apr 1, 2025

    The Venezuela Oil Tariff Tests Trump Policies

    BEIJING, CHINA - JANUARY 7: Venezuela's President Nicolas Maduro (R) walks with Chinese President ... More Xi Jinping (L). China is a significant consumer of Venezuelan oil, and the trade between the two countries represents one aspect of a broader …

    Source: Forbes - Neutral
  • Published on Apr 2, 2025

    Venezuela Defends Its Oil Industry: Response to Reuters’ “Disinformation”

    Proud display of Venezuela’s oil production: Flag-covered barrels in a state-run refinery, defying sanctions and false media reports. Apr, 2025 Photo: Radio Rebelde April 1, 2025 Hour: 10:54 pm Venezuela slams Reuters’ ‘false’ oil report, proving 8.78% …

    Source: teleSUR - Gov't Propaganda
  • Published on Apr 2, 2025

    Argentina commences Vaca Muerta gas exports to Brazil through Bolivian pipelines

    Argentina has initiated gas exports from its Vaca Muerta shale formation to Brazil, utilising Bolivian pipelines. This strategic deal involves TotalEnergies, Bolivia’s YPFB and Matrix Energia, and marks a significant step in establishing a long-term route …

    Source: Offshore Technology - Neutral
  • Published on Apr 2, 2025

    India walks pragmatic oil, gas policy line

    Sanctions and sovereignty During Pres. Donald Trump's first term, US sanctions targeted PdVSA, aiming to dismantle Pres. Nicolás Maduro's regime by crippling Venezuela’s primary revenue stream, its crude oil exports.8 Venezuela, home to some of the …

    Source: Oil & Gas Journal - Label Pending
  • Published on Apr 2, 2025

    Oil companies cut fuel, LPG prices this April

    Petron Corp. and Isla Petroleum cut the price of liquefied petroleum gas or LPG by P0.25 and P0.27 per kilogram, respectively effective April 1, 2025. The companies issued separate advisories of the LPG price cut, equivalent to P2.75 and P2.97 per 11-kg …

    Source: Manila Standard - Pro-Government
  • Published on Apr 2, 2025

    Ecopetrol Eyes Buying Carlyle's Colombia Asset to Boost Reserves

    Colombia’s state-owned Ecopetrol SA is considering buying Carlyle Group’s oil driller in the nation as it looks to boost reserves and output, its top executives said in an interview.  Carlyle Group is seeking to sell SierraCol Energy Ltd., Colombia’s …

    Source: Rigzone - Neutral
  • Published on Apr 2, 2025

    India's March palm oil imports rise but stay below normal levels, dealers say

    India's palm oil imports in March increased from the previous month but remained below normal levels for the fourth consecutive month, as its premium over rival soyoil prompted refiners to boost soyoil purchases, according to five dealers. Lower-than- …

    Source: The Economic Times - Label Pending
  • Published on Apr 2, 2025

    Indian Refiners Seek Alternatives To Russian Oil After Trump Tariff Threat

    Indian oil refiners have started looking for alternative supplies of crude after President Trump threatened secondary sanctions on Russian energy exports if Moscow refuses to sign a ceasefire deal for the Ukraine. Bloomberg reported that companies such as …

    Source: Zero Hedge - Label Pending
  • Published on Apr 2, 2025

    Oil markets take risky bet on Trump’s threats on Russia, Iran

    Oil diplomacy could become a hallmark of Donald Trump’s second term in office, if the last few weeks are any guide, but energy markets have mostly shrugged off his recent whirlwind of threats against Iran and Russia. That could be a big mistake. Trump has …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 2, 2025

    Ouch! San Diego gas prices up 21 cents in little more than a week

    It’s no April’s Fool’s joke; gas prices have taken a sharp turn higher. The average price for a gallon of regular in the San Diego area has risen 21 cents in the past nine days. According to AAA, the average price stood at $4.866 on Tuesday — a jump of …

    Source: The San Diego Union-Tribune - California - Neutral
  • Published on Apr 1, 2025

    US Pushes Repsol, Eni and Maurel & Prom Out of Venezuela to Increase Economic Pressure

    The Cardón IV natural gas project in western Venezuela is co-owned by Repsol and Eni. (Archive) Caracas, April 1, 2025 (venezuelanalysis.com) – The Donald Trump administration has revoked permits that allowed a number of foreign corporations to operate in …

    Source: Venezuelanalysis - Left-wing
  • Published on Apr 2, 2025

    Business groups say lack of confidence in Colombia led to slump in foreign investment in 2024

    Medellín, Colombia — Foreign Direct Investment (FDI) into Colombia fell by 15.2% according to Banco de la República, the country’s central bank. According to newspaper El Tiempo, this represents about $2.5 billion fewer dollars invested in Colombia last …

    Source: Latin America Reports - Neutral
  • Published on Apr 2, 2025

    Oil edges lower as traders weigh impact of Trump tariffs

    NEW YORK: Oil prices edged lower on Tuesday as traders braced for reciprocal tariffs that US President Donald Trump is due to announce on Wednesday, which could intensify a global trade war. However, Trump's threats to impose secondary tariffs on …

    Source: The Malaysian Star - Uncategorized
  • Published on Apr 1, 2025

    OPEC+ To Increase Oil Production in May: Report

    OPEC+ is expected to agree on a plan that would see production for the group increase in May, OPEC+ sources told Reuters on Tuesday. The OPEC+ group, comprised of the 12 OPEC members—Saudi Arabia, Iraq, Iran, Kuwait, Venezuela, Gabon, Algeria, Equatorial …

    Source: Oil Price - Neutral
  • Published on Apr 2, 2025

    Ecopetrol Eyes Buying Carlyle’s Colombia Asset to Boost Reserves

    (Bloomberg) — Colombia’s state-owned Ecopetrol SA is considering buying Carlyle Group’s oil driller in the nation as it looks to boost reserves and output, its top executives said in an interview. Article content Carlyle Group is seeking to sell SierraCol …

    Source: Financial Post - Center-right
  • Published on Apr 2, 2025

    Brazilian fossil fuel demand to remain high amid energy transition

    Brazilian demand for fossil fuels is expected to remain robust in the coming years, as the transition to renewables becomes more critical because of climate change, but still faces infrastructure and natural bottlenecks, among others, industry experts said …

    Source: Hellenic Shipping News - Neutral

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