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Chile: Copec Admits Filling Cars with Wrong Fuel

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Fuel service station operator Copec has admitted that it mistakenly provided gasoline oil rather than gasoline to 65 vehicles at one of its San Antonio stations. The operator said that a mistake was made when it reloaded the tank from which the fuel is drawn, with an engineer wrongly attaching the incorrect container. 

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Argentina: Gas Wellhead Prices to Grow as Fernandez Removes Controls

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Argentine President Cristina Fernandez has announced plans to remove price controls on natural gas, in a move her administration expects to treble average wellhead prices. Speaking at the inauguration of a diesel refinery in Ensenada, Buenos Aires, Fernandez said the price per cubic meter of gas will rise from around 3 cents to 13 cents, ending 10 years of price controls.

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Venezuela: Chavez Optimistic on Repsol-YPF

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Venezuela has received a “positive” response to its efforts at brokering a settlement between Repsol and the Argentinean Government, according to Hugo Chavez. Speaking on state television, the Venezuelan President said that he had received a letter from Repsol Chairman Antonio Brufau yesterday that contained a “good signal.”

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