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Venezuala: Refinery Manager Decries Media "Aggression"

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The Manager of PDVSA's Paraguaná Refining Center (CRP), Jesus Luongo, has insisted that the facility is operating as normal following a small fire at a distillation unit. Describing the incident as "routine", Luongo said that the fire was extinguished within ten minutes and sharply criticised the national media's coverage of the matter.  

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Argentina: Government Begins Probe of Five Companies in Fuel Market

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Argentina's Transportation Secretary, Juan Pablo Schiavi (pictured), has announced an investigation into the wholesale fuel market, alleging that inflated prices could have cost 3.5 billion pesos in the past year. Speaking at a press conference, Schiavi said that the CNDC, Argentina's antitrust agency, is acting on an accusation that five oil companies colluded or abused their strong market position to overcharge firms. 

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