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Uruguay Signs Offshore Oil Agreements with European Firms

October 6, 2012 | by HS News Staff | Latino Daily News

The Uruguayan government on Friday signed a series of offshore exploration and production deals with British oil firms BG Group, BP plc and Tullow Oil and France's Total. continue reading »

Oil Found off Brazil Coast, Deemed One of World’s Fastest Growing Reserves

April 12, 2011 | by UPI | Latino Daily News

Oil wells off of the Brazil coast are indicating in early testing that they can produce as much as 50,000 barrels of oil a day. continue reading »