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Latin America News
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Global LNG Poised for Terrible Year
Friday, January 24, 2020 Liquefied natural gas prices are poised to test record lows this year thanks to an onslaught of new supply and warmer winter temperatures curbing consumption.
Alarm Over Virus Pushing Down Oil
Thursday, January 23, 2020 Oil extended declines from the lowest close in seven weeks on speculation China's coronavirus outbreak may dent demand as the market tackles a glut of global crude supplies.
Oil Chiefs at Davos Debate Tougher CO2 Cuts
Wednesday, January 22, 2020 The bosses of some of the world's biggest oil companies discussed adopting much more ambitious carbon targets at a closed-door meeting in Davos on Wednesday.
Oil Prices Fall Sharply
Wednesday, January 22, 2020 WTI and Brent crude oil prices dropped sharply during midweek trading amid ongoing concerns about key market indicators.
TechnipFMC Split Well on Track
Tuesday, January 21, 2020 TechnipFMC has announced that its planned transaction to separate into two companies is 'well on track' for completion in the first half of 2020.
BP CFO To Retire
Tuesday, January 21, 2020 The board of BP announced Tuesday that its chief financial officer, Brian Gilvary, has decided to retire from the company and step down from the BP board on June 30.
Energy Chiefs Tout CO2 Capture
Tuesday, January 21, 2020 Capturing carbon dioxide from the fossil-fuel industry is key to slowing dangerous global warming, energy chiefs said in Davos.
Snake Oil Goes Mainstream
Monday, January 20, 2020 An obscure part of the global marine-fuel market, once viewed as having little value for most shippers, is about to have its day.
Saipem to Test Plastic Recycling Tech
Monday, January 20, 2020 Saipem reported Monday that it has signed a license agreement to test a new technology for the disposal and reuse of plastics.
Oil Pares Gains
Monday, January 20, 2020 Oil pares gains after rising to the highest in more than a week as projections of plentiful world supplies countered concern about disruptions in Iraq and Libya.
Oil Rallies on Trade Deal
Thursday, January 16, 2020 Oil rebounded after the U.S. and China inked the first phase of their trade deal, recouping losses driven by data showing American petroleum supplies rising to a four-month high.
Tullow to Take $1.5B Charge
Wednesday, January 15, 2020 Tullow Oil expects to take a charge of $1.5 billion when it reports 2019 results.
Oil Eases Losses
Wednesday, January 15, 2020 Oil erased some of the losses that followed the U.S. inventory report after the U.S. and China inked the first phase of a broader trade pact on Wednesday.
Oil Prices Rebound Slightly
Tuesday, January 14, 2020 After trending downward for a week, WTI and Brent crude oil prices finished higher Tuesday.
Oil Steady on Easing Gulf Tension
Monday, January 13, 2020 Oil was steady after the biggest weekly drop since July as an easing of geopolitical tension in the Middle East turned attention back to a flood of new supply set to hit the market this year.
OPEC+ Focus on Oil Cuts Unmoved by Unrest
Monday, January 13, 2020 Saudi Arabia's Energy Minister said that OPEC and its allies remain focused on using production cuts to reduce oil inventories to normal levels.
Oil Prices Fall Again
Monday, January 13, 2020 WTI and Brent finished lower for the fifth consecutive trading day Monday.
Oil Down as US-Iran War Fears Recede
Friday, January 10, 2020 Oil headed for its first weekly loss since November as fears over a U.S.-Iranian war receded, easing concern of a potential supply disruption in the Middle East.
Oil Prices Down for the Week
Friday, January 10, 2020 WTI and Brent crude oil futures edged downward Friday and posted significant declines for the week.
The US Still Needs Some Middle East Oil
Thursday, January 09, 2020 President Donald Trump said during an address from the White House Wednesday that the U.S. no longer needs oil from the Middle East, but American refineries still use the kind of oil that region produces.
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