Energy & Oil

Wednesday, July 28th 2021 - 09:40 UTC
Uruguayans need to “get used” to price of petrol fluctuating, Energy Deputy Minister says

Uruguay's Deputy Minister of Industry, Energy and Mining, Walter Verri hinted a new hike in the price of petrol was coming up in August and warned people will need to get used to such a mercurial behavior
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Tuesday, July 27th 2021 - 08:56 UTC
Rosatom resumes construction of nuclear reactor in Bolivia

Russia's atomic agency Rosatom Monday resumed construction of a nuclear reactor for the Center for Research and Development of Nuclear Technology (CIDTN) of Bolivia, a project which had been paralyzed in 2019, it was reported.
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Friday, July 23rd 2021 - 09:16 UTC
Yacyretá's electricity output severely hit by Paraná river downspout

The historical downspout of the Paraná River has led Yacyretá, Argentina's biggest hydroelectric plant, to work at around 50% of its normal capacity, which has a direct impact on supply to the electrical system.
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Tuesday, July 20th 2021 - 09:20 UTC
Chile leads the region on its way to sustainable energy-powered cars

As the leading country in the region on the road to new sources of energy for vehicles, Chile last week added a new charging point for battery-powered engines next to the Nueva Angostura tollbooth and is the first of a total of 5 to be implemented on Ruta 5 Sur between Santiago and Talca.
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Tuesday, July 20th 2021 - 09:12 UTC
Europe's push for drastic shift towards electric vehicles may find objections

The European Commission has voted last week to ban the sale of vehicles that run on gasoline or diesel by the year 2035 to change the energy matrix in transport.
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Tuesday, July 20th 2021 - 09:05 UTC
Argentina and Bolivia have bills in Parliament to boost transitioning to e-cars

Just as the European Commission sent a bill last week to the European Parliament regarding electric vehicles, the Governments of Argentina and Bolivia are also taking similar paths.
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Monday, July 19th 2021 - 09:11 UTC
OPEC and Russia+10 will increase output, 400,00 bpd, as of August first

The world's leading oil-producing countries agreed on Sunday to continue with the gradual increase of output, 400,000 barrels per day, beginning August first, to help global economic recovery following the pandemic, according to a release from the group's meeting in Vienna.
Wednesday, July 14th 2021 - 09:05 UTC
Brazilian President supports Cuban demonstrations, signs privatization of Eletrobras

Brazilian President Jair Bolsonaro Tuesday expressed his support for the Cuban people protesting against their living conditions under the Communist Government of Miguel Díaz-Canel.
Wednesday, July 14th 2021 - 09:00 UTC
Lack of semiconductors and electronic components limiting Brazil's car production

Brazil's Association of Automotive Vehicle Manufacturers, ANFAVEA announced that export expectations for 2021 should reach 389,000, a significant increase over the previous estimate of 353,000. Furthermore, overseas sales will stand at 20% over the 2020 figure.
Wednesday, July 14th 2021 - 08:30 UTC
Volkswagen picks Uruguay to make e-cars Latin American landing

The traditional German automaker Volkswagen has chosen Uruguay as the first country in Latin America to receive its assortment of fully electricity-powered models, it was announced during a ceremony which was attended by President Luis Lacalle Pou.