Argentina Enforces Fuel Price Caps
(Argus, 16.Aug.2019) — The price cap takes effect immediately, according to a decree published in the Official Bulletin, the newspaper of record. The downstream sector must keep oil product prices...
Argentina Freezes Local Oil, Fuel Prices For 90 Days
(Baker McKenzie, 16.Aug.2019) — In a context of a series of government measures aimed at appeasing the adverse economic effects arising as a result of the recent primary presidential elections...
Argentina Caps Oil Prices By Decree
(Argus, 16.Aug.2019) — Argentina implemented a three-month freeze on fuel and crude prices through an emergency decree, eschewing an earlier plan to apply a decades-old law that was designed to...
Sungrow Supplies Argentina’s Solar Plant
(Sungrow, 16.Aug.2019) — Sungrow, the global leading inverter solution supplier for renewables, announced that a 100.1 MWp solar plant utilizing the Company's 1500Vdc central inverter solutions came online in Cafayate,...
CNPC Backs Out Of Oil Purchases With Venezuela On Sanctions Scare
(Oilprice.com, Julianne Geiger, 16.Aug.2019) — Russia and China have stuck with Venezuela during its most recent time of need, but at least one of their loyalties may soon come to...
Suriname Seeking Funds for Offshore Exploration
(Reuters, 16.Aug.2019) — Suriname's state-owned oil company is planning a bond sale next year to finance offshore oil exploration, its chief executive said on Thursday, as it seeks to capitalize...
OPEC Sees Bearish Oil Outlook For Rest Of 2019
(Reuters, Alex Lawler, 16.Aug.2019) — OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted challenges in 2020 as rivals...
Petrobras Wins 2019 Transparency Trophy
(Petrobras, 16.Aug.2019) — Petrobras reports that it is one of the winning companies of the 2019 Transparency Trophy. The company was among the 10 best in Brazil in the category...
Mexican Gov’t To Keep Investing In Pemex
(Reuters, 16.Aug.2019) — Mexican President Andres Manuel Lopez Obrador said on Friday that his government would keep investing in state oil company Pemex, which is on the verge of losing...