MercoPress, en Español

Montevideo, January 19th 2026 - 06:29 UTC

Energy & Oil

  • Tuesday, January 6th 2026 - 10:07 UTC

    Strategic partnership concerning Vaca Muerta announced

    Hamm held a high-level meeting with President Milei in September 2025

    Pan American Energy (PAE) and the US shale giant Continental Resources announced Monday a strategic partnership to accelerate the development of four key blocks in the Vaca Muerta formation.

  • Tuesday, January 6th 2026 - 10:00 UTC

    Tierra del Fuego in dire straits

    Melella condemned Maduro's capture

    The Argentine province of Tierra del Fuego is grappling with a deepening economic and institutional crisis, amid mounting industrial layoffs, high-level government resignations, and a sharp local debate over the US military intervention in Venezuela.

  • Tuesday, January 6th 2026 - 10:00 UTC

    Brazil's oil and gas production has its ups and downs in late 2025

    “We project producing 2.5 million barrels of oil per day throughout this year,” Chambriard said

    Brazil's oil and natural gas production totaled 4.921 million barrels of oil equivalent per day (boe/d) in November 2025, with 3.773 million barrels per day (bbl/d) of oil extracted, which represented a 6.4% decrease from the previous month and a 13.9% increase compared to the same month in 2024.

  • Saturday, January 3rd 2026 - 20:11 UTC

    Trump says U.S. will govern Venezuela until a “safe transition” after Maduro’s capture

    Trump confirmed that about 150 aircraft took part in the operation and said U.S. companies would take over Venezuela’s oil industry

    U.S. President Donald Trump said Washington will govern Venezuela until a “safe transition” is achieved, following the capture of Venezuelan leader Nicolás Maduro in a large-scale military operation.

  • Wednesday, December 31st 2025 - 10:38 UTC

    Bolivia lifts all fuel import restrictions

    Bolivian subsidies ended up in a growing fuel smuggling business to Peru, it was explained

    Bolivia's Hydrocarbons Ministry has announced a sweeping liberalization of the national fuel market, lifting long-standing import restrictions and implementing a zero Specific Consumption Tax (ICE) for private importers.

  • Tuesday, December 30th 2025 - 09:55 UTC

    Power cuts reported in São Paulo due to heavy rains

    Similar forecasts have been issued by weather bureaus in neighboring Argentina and Uruguay

    Some 31,000 households were left without electricity on Monday in São Paulo after heavy rains late in the afternoon, leading to a Civil Defense flooding alert in South America's largest city.

  • Monday, December 29th 2025 - 10:50 UTC

    Argentina: Lithium producers foresee prosperous 2026

    Argentina's total capacity could reach 428,000 tons by 2033, it was explained

    Argentine lithium producers have expressed optimism towards 2026 after the mineral's global market showed strong signs of recovery, with major financial institutions and industry bodies projecting a significant price rebound and a massive production surge over the next two years.

  • Saturday, December 27th 2025 - 10:23 UTC

    Panama to sanction tankers intercepted by US

    These vessels “failed to respect Panamanian maritime legislation,” Martínez-Acha explained

    The Government of Panama will take disciplinary action against several oil tankers registered under its flag targeted by the United States for alleged irregularities, Foreign Minister Javier Martínez-Acha announced Friday. These vessels “failed to respect Panamanian maritime legislation,” he explained.

  • Wednesday, December 24th 2025 - 11:05 UTC

    Oil prices surge amid US-Venezuela standoff

    OPEC+ has more than enough spare capacity to cover a complete Venezuelan outage

    International oil benchmarks posted modest gains on Tuesday as the market entered a holiday-shortened week. Investors remained focused on the escalating geopolitical friction between Washington and Caracas, which has introduced a risk premium into an otherwise oversupplied market.

  • Tuesday, December 23rd 2025 - 10:58 UTC

    General strike cripples Bolivia over so-called “Gasolinazo”

    “The Miners' Federation does not go out to tickle people,” Paye warned

    Thousands of miners, coca growers, and labor activists descended on the seat of government on Monday, marking the first day of a national general strike against Bolivian President Rodrigo Paz Pereira's decision to terminate fuel subsidies. The mobilization, led by the Bolivian Workers' Union (COB), has effectively paralyzed the capital and several other major departments.