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MercoPress, en Español

Montevideo, April 25th 2024 - 00:13 UTC

Energy & Oil

  • Wednesday, March 20th 2024 - 18:55 UTC

    French company to open world's first solar-powered air traffic control station in Chile

    “No one had ever made a radar 100% independent of the power grid,” Thales' Macaferri explained

    The French company Thales will be opening a 100% solar energy-powered air traffic control (ATC) station in Chile, it was announced in Santiago. The facility will be in the city of Calama in the Atacama Desert in the northern part of the country, it was also explained. The radars consume about one megawatt per hour.

  • Thursday, March 14th 2024 - 16:28 UTC

    Argentina: Catamarca court orders halt to lithium extraction following environmental complaint

    The resolution fully impacts on the economic interests of an extractive activity concentrated in a resource such as lithium.

    The Court of Justice in Catamarca (Northern Argentina) has issued a divided ruling ordering a suspension of mining activity in the Salar del Hombre Muerto, impacting lithium production projects. The decision stems from an environmental protection action filed by cacique Román Elías Guitian, urging a comprehensive environmental impact study before new permits are granted.

  • Wednesday, March 13th 2024 - 06:40 UTC

    US for the sixth year running has been the world's main crude oil producer

    In 2023, U.S., Saudi Arabia and Russia were responsible for 40% (32.8 million bpd) of the world’s crude oil output, followed by Canada, Iraq and China. 

    The United States in 2023, for the sixth year running has been the world's main crude oil producer produced more crude oil than any other country in 2023, with an average output of 12.9 million bpd, according to the Energy Information Administration (EIA). 

  • Saturday, March 2nd 2024 - 10:40 UTC

    Strengthening Celac key to avoid return to colonial order, Bolivian president says

    Arce also met with his Brazilian colleague Luiz Inácio Lula da Silva to discuss the expansion of trade and investment in infrastructure and natural gas exploration in Bolivian territory

    Bolivian President Luis Arce Catacora said Friday in Kingstown (St. Vincent and the Grenadines), said that strengthening the Community of Latin American and Caribbean States (Celac) and every regional integration space was the only alternative to war to fend off any foreign interference seeking the return to the “already outlawed” colonial order. He made those remarks during his speech at the 8th Celac Summit.

  • Thursday, February 29th 2024 - 11:31 UTC

    Uruguay signs MOU to produce green hydrogen locally

    In the long run, synthetic fuel could be used as a substitute for the fuel currently in use, Paganini explained

    The Government of Uruguay Wednesday signed a memorandum of understanding (MOU) with the company HIF for the building of a green hydrogen plant in the department (province) of Paysandú. The US$ 6 billion investment is expected to generate some 3,000 jobs.

  • Wednesday, February 28th 2024 - 17:55 UTC

    Uruguay first two months 2024 with 100% renewable energy generation and surplus to export

    Eolic energy (wind) was responsible for 50,8% of electricity generation, hydraulic energy 30,9%, biomass, 15,7%, 2,7% solar and thermal backup limited to 0,3%.

    Uruguay managed during the first two months of this year 100% renewable energy generation and had sufficient surplus to supply neighbors Argentina and Brazil, making the local government-owned power company, UTE, the major single exporting company. The information was supplied by the Electric Market Administrators, ADME, which confirmed that 100% of electricity generation is from renewable sources.

  • Wednesday, February 28th 2024 - 10:59 UTC

    Argentina: Feud with Patagonian provinces not settled despite judiciary ruling

    “The issue led to a false rift between the national State and the provincial States,” Governor Torres explained

    A Federal Judge in Rawson ruled Tuesday that the national government of Argentine President Javier Milei should have not withheld the so-called co-participation funds owed to the province of Chubut. Nevertheless, Buenos Aires will reportedly take the case to the federal Supreme Court. Hence, the matter is far from settled.

  • Monday, February 26th 2024 - 11:44 UTC

    Patagonian governors threaten to cut oil and gas output

    Governors Torres (Chubut), Melella (Tierra del Fuego), Ziliotto (La Pampa), Vidal (Santa Cruz), Figueroa (Neuquén), and Weretilneck (Río Negro) convened to join forces against Buenos Aires

    The Governors of Argentina's Patagonian provinces said Sunday that they would cut oil and gas output starting Wednesday if Chubut's funds are not wired by then from the federal administration of President Javier Milei. The announcement was made after Governors Ignacio Torres (Chubut), Gustavo Melella (Tierra del Fuego), Sergio Ziliotto (La Pampa), Claudio Vidal (Santa Cruz), Rolando Figueroa (Neuquén), and Alberto Weretilneck (Río Negro) convened to join forces.

  • Monday, February 26th 2024 - 04:18 UTC

    UK goes full Net Zero: quits treaty allowing companies to sue green economy policies

    The Energy Charter Treaty (ECT) was meant to make it easier and cheaper to trade energy between countries. But signatories have struggled to reform it

    Calling it “outdated” the United Kingdom has withdrawn from an international treaty that lets fossil-fuel companies sue governments pursuing climate policies for billions in compensation for lost profits.

  • Saturday, February 24th 2024 - 10:24 UTC

    Argentina: Chubut Governor threatens to cut oil supply if federal funds are withheld

    “We will use all the tools we have to defend ourselves,” Torres warned

    Chubut Governor Ignacio Torres Friday warned Argentine President Javier Milei that his province would stop exporting oil if the federal administration insisted on “improperly withholding half of the [so-called] co-participation” funding. “If on Tuesday there is no resolution from the courts, we will not export even one more barrel of oil,” threatened Torres, whose stance was endorsed by several fellow governors and also by Buenos Aires Mayor Jorge Macri.