INTERVIEW-Weatherford sees 'only upside' in Argentine oil and gas BUENOS AIRES, May 21- Weatherford Drilling International expects to win contracts in the next two or three months to deploy rigs to Argentina where foreign energy majors are exploring one of the world's largest shale resources, a senior company official said on Thursday. "Over the next five to 10 years, we see only upside in Argentina." Weatherford Drilling...
| By: Richard Lough
Energy stocks stay hot Discussing energy market fundamentals, with Pavel Molchanov, Raymond James; Boris Schlossberg, BK Asset Management; and CNBC's Brian Sullivan.
Energy explorers bemoan cost of labor disputes in Argentina BUENOS AIRES, May 19- Labor disputes are on the rise in Argentina and costing foreign energy companies millions of dollars as they explore the country's vast but barely-tapped Vaca Muerta shale oil and gas field, company officials said. Trade Unions are a powerful force in Argentina, Latin America's No. 3 economy, where the frequency of industrial disputes are a...
| By: Eliana Raszewski
UPDATE 2-South Korea's GS Energy gets 3 pct stake in UAE oil concession ABU DHABI/ SEOUL May 13- State-run Abu Dhabi National Oil Company has signed a 40- year deal with GS Energy, selling the South Korean firm a 3 percent stake in an onshore oil concession to develop the United Arab Emirates' biggest oilfields. GS Energy joins Japan's Inpex Corp and France's Total in winning contracts so far to develop the oilfields, which produce 1.6...
| By: Stanley Carvalho and Hyunjoo Jin