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Spain Sees its Investments in LatAm as Secure

Spain's top official for relations with Latin America said Tuesday that the investments of Spanish companies in Latin America are safe despite the problems in specific countries such as Argentina and Bolivia. continue reading »

Spain’s Repsol Begins Oil Production at “Megafield” in Brazil

Spanish oil major Repsol has begun commercial production at the pre-salt Sapinhoa "megafield" after connecting a producing well to an FPSO with the capacity to extract 120,000 barrels of oil per day. continue reading »

Camisea Reveals Nearly $100M Royalties Paid to Peru Last Month

The Camisea consortium, which is producing natural gas from Peru's largest fields, said it paid $95.7 million in royalties to the government last month. continue reading »

Exploration of 2 Sites in Bolivia May Lead to Gas Reserves Discovery

Spanish energy major Repsol has signed agreements with Bolivian state-owned firm YPFB to study the potential of two hydrocarbon prospects - one in the eastern part of the country and another in the Andean region. continue reading »

Florida Lawmen Attempt to Stop Cuba’s Upcoming Offshore Drilling

As Cuba prepares to begin drilling for oil off its shores, Florida lawmakers are rushing to block it, stating that an oil spill would severely damage the state’s beaches. continue reading »