Canadian miner Fortuna Mining has completed the sale of its 100% interest in Compañía Minera Cuzcatlan, owner of the San Jose silver mine in Oaxaca, Mexico, to Peruvian firm JRC Ingeniería y ...

Noble Corporation has secured a contract extension with Brazilian state-controlled oil company Petrobras for a drilling rig operating offshore Colombia. In a brief post on LinkedIn, Noble informed ...

In the early hours of Dec. 22, 2024, fishermen working in the Talara Sea in northern Peru hauled in their nets. But instead ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

An oil-exporting country’s “fiscal breakeven” oil price is the minimum price per barrel that the country needs in order to meet its expected spending needs while balancing its budget (figure 1).

Major oil companies expressed interest but preferred to evaluate developing prospects in Argentina and Peru. At that time, due to its location on the west side of the Andes, many companies still ...

Scientists have repeatedly found, for example, that an oil rig or oil platform can become an oasis of hard structure in ocean expanses devoid of much else but sand. They attract barnacles, shellfish, ...

(Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report ...

GLOUCESTER, Va.—Americans have long equated energy security with oil. The country wanted as much as possible because of the havoc an interruption to supply—from wars, disasters and political ...

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Credit: Buenaventura Mining Company. Peruvian miner Buenaventura Mining Company has signed a concession contract with Peruvian Government agency ProInversión for the El Algarrobo hydro-mining project ...