Browsing Tag

natural gas

Petrobas announced this Monday an agreement with distributors to reduce the price of a cubic meter of natural gas by 8.1 % as of next May compared to the average value of the quarter between February and April. The Brazilian oil company made this decision based on the variation in the price of the…
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Ecuador authorizes the import of fuel

The President of Ecuador, Lenín Moreno, signed a decree authorizing the private sector to freely import industrial gas, gasoline, natural gas, diesel, jet fuel, avgas or other derivatives; with the purpose that companies progressively…

Israel and Egypt sign agreement for gas exports

In 2018, Cairo settled the bases for an agreement with Israel for the transfer of natural gas from the Israeli fields of Tamar and the Leviathan platform to Egypt. Tamar, already exploited since 2013, contains reserves estimated at 238,000…

Texas crude rose 0.9% after fall in US reserves

At the closing of operations on the New York Mercantile Exchange (Nymex), WTI futures contracts for delivery in September totaled 53 cents compared to the previous day. The price of the reference barrel in the United States rose for the…