Monday, 3 August 2020
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Costa Rica extends moratorium on oil exploration

Costa Rica's president Carlos Alvarado, signed on Monday a decree with which extends until 2050 the moratorium on oil exploration and exploitation, both in the continental and marine territory. In Costa Rica, there is an oil moratorium since 2002 established by decree by then President...

International Court Draws New Borders For Costa Rica And Nicaragua

The Hague - Costa Rica claimed victory over Nicaragua on Friday after the International Court of Justice in The Hague (ICJ) awarded Costa Rica disputed territory along the coastal border shared by the two Central American countries. In a multi-pronged judgment, Nicaragua was ordered by...

Norwegian Oil Company Denies Exploration in Costa Rica Waters

(QCOSTARICA) The Norwegian company, Statoil, denies its offshore concession blocks granted it by Nicaragua for the exploration and exploitation of oil in the Pacific Ocean waters are in Costa Rica. That is the word from the company to Costa Rica's Foreign Ministry, on the possibility...

Oil Exploration Agreement in Nicaragua

TODAY NICARAGUA - The Nicaraguan Oil Company has signed a cooperation agreement with a Canadian company for exploration of oil and gas. Following the agreement signed between the company EastSiberian Plc, belonging to TMX Group in Canada and the National Oil Company of Nicaragua (Petronic)...

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