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S America

A great big catch

Mexican fishermen land 2,000 pound great white.
Tags: And finally, S America

Argentina looks to Petrobras after nationalising Repsol-YPF

Argentina surprised the oil and finance world by 'nationalising' YPF, scuppering a potential Sinopec deal and is now looking to Brazil's Petrobras for production investment
Tags: Brazil, Chevron, China, ConocoPhillips, Environment, regulatory and standards, Repsol, S America, Sinopec, Total

Marine fuel alternative nears commercial adoption

A marine fuel created using an innovative additive is undergoing tests and could be nearing commercial adoption.
Tags: additives, Environment and Regulatory watch, Europe, marine, S America

China to fund Costa Rican refinery modifications

China finances Latin American revamp of major refinery
Tags: China, China lubes news, Lubes news, S America

South America takes increasing loans from China

Oil guarantees will repay billion dollar loans to two Latin American countries.
Tags: China, Environment and Regulatory watch, Environment, regulatory and standards, S America

Chevron suspends Brazil drilling

Chevron has voluntarily suspended its offshore drilling operations in Brazil
Tags: Brazil, Environment and Regulatory watch, S America

Brazilian Oil assets sold for $3.5bn

Sinopec buys stake in Brazilian deep sea oil blocks.
Tags: Brazil, China, China lubes news, Corporate News, S America, Sinopec

BP Argentine deal collapses

The proposed sale of Pan American Energy to Bridas falls through and BP looks no further.
Tags: BP, CNOOC, Corporate News, S America

Cosan buys Exxon assets

Cosan extends its rights for Mobil brand sales in Latin America
Tags: bio lubes, Corporate News, ExxonMobil, S America

BP CNOOC Argentine deal at risk of collapse

CNOOC's purchase of Pan American Energy may fold for political reasons.
Tags: BP, China, China lubes news, CNOOC, S America

OPEC cuts global oil demand forecasts

OPEC has reduced its demand forecasts for the rest of 2011 and 2012 as global economy weakens.
Tags: Africa, Brazil, China, Environment and Regulatory watch, Middle East, N America, OPEC, S America

Belarus to develop Venezuela fields

Belarus is extending its activities in Venezuelan exploration
Tags: China, Eurasia, S America

BP buys Brazil biofuel share

BP is to take complete ownership of joint venture ethanol operation Tropical BioEnergia.
Tags: bio fuels, BP, Brazil, S America

China to Secure “Oil-for-Exports” Future in South America

China is set to secure Venezuelan crude imports to secure its oil futures.
Tags: China, China lubes news, S America

China steps up global oil investment

China is increasing its global oil presence with new investments in the Middle East, Africa and South America
Tags: Africa, China, CNPC, Forecasts, Middle East, PetroChina, S America

Venezuela shrugs off sanctions

Venezuela has dismissed recent US oil sanctions by claiming other markets may be more important.
Tags: Environment and Regulatory watch, N America, S America

Sinopec signs deal with Petrobras

China and Brazil's leading oil producers join forces in co-operation deal
Tags: China, Corporate News, OEM and automotive, S America

Shell sells in Chile as Exxon divests in Central America

Shell sells the majority of its downstream Chilean business to Quinenco and Exxon is set to sell businesses across six countries.
Tags: Corporate News, ExxonMobil, S America, Shell

Creepy crawly Mazda attack

Mazda recalls Mazda6 models after spider attack.
Tags: And finally, automotive industry, Japan, Mazda, N America, S America

Chemtura ups additive production

US specialist Chemtura is to increase its polymer output by the end of Q1
Tags: additives, Europe, Lubes news, N America, S America

Schilling expands support

Schilling Robotics is expanding its ROV support centres
Tags: Asia, Corporate News, S America

Cuba turns to recycled oil for industry

Cuba is focusing on recycled oil as a means of fuelling industrial ovens.
Tags: Inovation and environment, S America, waste

Venezuelan unions back lubes nationalisation

Trade unions Venezuela have backed the government's decision to nationalis a major lubes and chemical company.
Tags: Lubes news, S America

Brazil get rerefinery for Group II

A new plant is set for construction in Brazil to capitalise on the governments drive for oil recycling.
Tags: Lubes news, S America

Falklands find '"significant"

Rockhopper Exploration has discovered a significant oil field in the North Falkland Basin.
Tags: Lubes news, S America

Sinochem takes 40% stake in Statoil's Peregrino

Statoil has agreed the sale of a 40% stake in the Bazilian Peregrino field to Sinochem
Tags: Corporate News, S America, Statoil

Upstream News - Bulletin 112 (Apr 10)

Crude prices reach 18-month high; Opec supports price hike and Brazil; Petrobras strengthens Asian exports; Denbury makes $900m sale; and Shell and Chevron celebrate deepwater success.
Tags: Chevron, N America, OPEC, Petrobras, S America, Shell

Corporate news - Bulletin 112 (Apr 10)

Aramco expands its Yanbu refinery; Shell and BP consolidate in Africa; Chevron contracts but expands in Sri Lanka; better news for Fuchs; Ford sells Volvo to China; Renault-Nissan join forces with Daimler; and Afton buys Polartech.
Tags: Africa, Afton Chemicals, Aramco, Asia, automotive industry, BP, Chevron, Europe, Ford, Fuchs, Helix, Nissan, Renault, S America, Shell, Volvo

View From The Bridge - Bulletin 112 (Apr 10)

Global forecasts for 2010 growth in real GDP are increased to 4.5% but the recovery rates vary significantly by country even within the dynamic BRIC economies. In Russia, how will the significant increase in car imports impact on the lubricants market?
Tags: Asia, Europe, N America, S America

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