Brazil - Brazil's state-controlled oil and gas giant Petrobras will invest a total of 79.5 billion reais (44.6 billion U.S. dollars) this year, the company said Tuesday.
South America
Argentina to import gasoline for first time in 30 years
Buenos Aires. Argentine oil company YPF has said that it plans to import 50 million litres of gasoline as demand outstrips supply in the South American nation.
Ancap, Petrobras and YPF joining Galp to explore Uruguay
Petrobras signs contracts for the implementation of the Rio de Janeiro Petrochemical Complex
Rio de Janeiro. This Monday (03/08), Petrobras signed four contracts for the implementation of the Rio de Janeiro Petrochemical Complex (Comperj) in Itaboraí (state of Rio de Janeiro).
Pacific Rubiales hits new oil discovery at Quifa Block
Bogota. Pacific Rubiales Energy Corp. reports a new oil discovery at the Quifa 26X well, located in Prospect "F" in northern Quifa, and the results of the Quifa 31 and Quifa 23X wells, drilled on prospects "G" and "H", respectively, within the Quifa Block, Llanos Basin, Colombia.
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South America
