Monthly Archives: April 2011

No, seriously. Baker Hughes’ rig counts show a serious surge in drilling activity in Venezuela in recent months. Check it out: Yes that’s right, Venezuela’s rig count is at its highest since before Hugo Chavez took office. (Big hat tip … Continue reading →

The main issue is the vast human tragedy. As AFP reports from Colombia: Colombia faces its worst natural disaster on record due to the effects of relentless heavy rain that … has killed at least 69 people in April alone, … Continue reading →

Petrobras is showing that south-south cooperation can also lead to south-south tension. Here’s the story from New Zealand, where Petrobras is exploring offshore. Brought to us by TVNZ: The skipper involved in an oil protest off the East Cape yesterday … Continue reading →

Another guest post from the increasingly reliable Quasecarioca, who is ably observing and analyzing the vast eastern half of South America for those of us too lazy to practice our Portuguese. Industries and markets pay most attention to social issues … Continue reading →

We love Easter eggs. Also, the Chile mine rescue returns.

This is a bit of a head-scratcher. Venezuelan President Hugo Chavez boosted taxes on oil companies Thursday night. Since the price boom in 2008, a “special contribution” has kicked in when oil prices are above $70 a barrel. Until today, … Continue reading →

With its indifferent, deadpan tone, this article reads like something out of the Onion. But it’s a serious news article. Informe25 reprints an article from the Isla Margarita Sun, saying oil is washing up on Isla Margarita, a tourist island … Continue reading →

Colombia pipeline terrorism completely disappeared for the first three months of this year. In the last few weeks, there have been several attacks, though the terrorists will have to play catch-up if they want to return to the rate seen … Continue reading →

The blog is a year old! I am pleased that the very first blog post had a prediction which panned out. Here’s hoping for more of those. Thank you to everyone for making this project so rewarding. It has been … Continue reading →

On Tuesday, the Colombian subscription news outlet Primera Pagina published an article about Alange Energy (ALE.v) and the lawsuit against that company that has been initiated in Canada. Primera Pagina included some tidbits from my prior postings on the company. … Continue reading →