As recently reported Argentina may be facing financial problems but nobody can deny its full natural resources potential as a source of revenues.
Frontera Announces Closing of New U.S.$100 Million Credit Facility
An additional 3500 million dollars will be received by Ecuador for the renegotiation of future sales contracts and the release of 50 million barrels of oil
Incumbent President Nicolás Maduro secured a new six-year term on Sunday in a poll marked by low voter turnout and allegations of widespread irregularities.
Echo Energy has announced a gas discovery at the first well in its four-well exploration campaign.
Recent successful leasing rounds and high interest of major oil companies give drill operators reason to be cheerful, especially about Brazil and Mexico.
CEO Jorge Londoño said Friday the utility will instead use available cash to repair damage to its flagship hydroelectric project in Colombia's northwest.