
Colombian oil company GeoPark announced this week its plans to make a significant investment and operational agreement for the Vaca Muerta unconventional hydrocarbon reserve in Argentine Patagonia.

The fuel crisis in Bolivia has deepened just days before this coming weekend's presidential runoff, with stocks plummeting: There is only enough diesel for one day and gasoline for three days, Hydrocarbons Alejandro Gallardo admitted Tuesday. In this context, President Luis Arce Catacora has been accused of causing this problem deliberately.

The Bolivian city of Santa Cruz de la Sierra is facing a worsening shortage of diesel and gasoline, leading to long queues at petrol stations, particularly lorries waiting up to five days to tank up.

During the 10th Energy Week of the Latin American Energy Organization (OLADE) in Santiago (Chile), Paraguay unveiled an ambitious proposal to construct a bi-oceanic gas pipeline that could reshape the continent's energy landscape.

Rockhopper Exploration half year results indicate that the UK oil and gas company is more hopeful than ever that a final investment decision will come this year on the Sea Lion oil project in the Falkland Islands, after it secured a successful capital raise of up to US$ 140 milliom. Rockhopper holds a 35% interest in the project with the Israeli operator Navitas Petroleum holding the remaining 65%.

Bolivia's State-run oil company YPFB's Legal Affairs Manager, Eduardo Saucedo, defended the creation of Botrading, a refining subsidiary, arguing that it resulted in savings worth over US$300 million despite prosecutors claiming otherwise.

US President Donald Trump stressed during his speech at the UN General Assembly on Tuesday that other countries' policies on immigration and energy were destroying a large part of the free world and causing nations to go to hell.

LATAM Airlines placed orders this week for the purchase of up to 74 Brazilian-built Embraer E195-E2 passenger jets to expand its network of regional destinations.

A green hydrogen production plant planned for Uruguay by the company HIF has been classified as having a significant negative environmental impact by the South American country's Environment Ministry, due to which the initiative, at an estimated investment of US$6 billion, faces several challenges.

Ecuador's President Daniel Noboa has declared a curfew in five provinces and extended the state of emergency to an eighth province. These measures were adopted in response to planned protests over the elimination of a diesel subsidy, resulting in a rise from US$1.80 to US$2.80 per gallon, sparking outrage among transport workers and other social sectors.