The Colombian government plans to raise diesel prices from July onwards for the main extractive industries, in order to economically stabilize a strategic fund.
The Colombian government plans to raise diesel prices from July onwards for the main extractive industries, in order to economically stabilize a strategic fund.
An oil exploration permit granted to a Chinese company threatens the ecosystem of Congo's Conkouati-Douli National Park, sparking strong opposition from NGOs.
An oil exploration permit granted to a Chinese company threatens the ecosystem of Congo's Conkouati-Douli National Park, sparking strong opposition from NGOs.
Ecuador is facing an almost 11% increase in the price of gasoline, a decision likely to provoke further protests in a country where fuel subsidies are a highly sensitive issue.
Ecuador is facing an almost 11% increase in the price of gasoline, a decision likely to provoke further protests in a country where fuel subsidies are a highly sensitive issue.
China, the world's largest importer of crude oil, has had a mixed start to the year. In May, it increased its inventories by over one million barrels per day (bpd), with imports far outstripping the low volumes processed by refineries.
China, the world's largest importer of crude oil, has had a mixed start to the year. In May, it increased its inventories by over one million barrels per day (bpd), with imports far outstripping the low volumes processed by refineries.
Petrobras announces a new management team with seasoned experts in state-owned enterprises, aimed at accelerating investment and stimulating the Brazilian economy.
Petrobras announces a new management team with seasoned experts in state-owned enterprises, aimed at accelerating investment and stimulating the Brazilian economy.