Energy & Oil

• Monday, August 23rd 2021 - 09:10 UTC

  Uruguay: Corruption allegations in failed pet project of former president Mujica

  

  A major corruption scandal is unfolding in Uruguay with a pet project from former president Jose Mujica, which he tried to implement during his mandate, 2010/2015, but failed with accumulated losses of at least US$ 300 million.

• Friday, August 20th 2021 - 14:09 UTC

  Brazil interested in buying gas from Argentina's Vaca Muerta

  

  Brazilian President Jair Bolsonaro Thursday announced in his weekly broadcast on social media that his country had started negotiations to purchase gas from Argentina's Vaca Muerta. “It is not easy to start importing gas, creating, building pipelines,” Bolsonaro said.

• Tuesday, August 17th 2021 - 20:45 UTC

  Brazil tempted by the success of the Suriname and Guyana oil basin developments

  

  Exploration and development of oil and gas resources in the ex Dutch colony of Suriname, now an independent country, was the main point of the agenda addressed by Brazilian foreign minister Carlos Franca and his Surinamese peer Albert Randim, during a meeting held in Brasilia.

• Monday, August 9th 2021 - 09:00 UTC

  Bolsonaro fights back fall in opinion polls: promises free LPG bottles to low income families

  

  Brazilian president Jair Bolsonaro is fighting back his collapse in public opinion polls ahead of next year's what seems certain his reelection bid, by reaching out to what he once described as corrupt political parties and system, but also with more handouts to the vulnerable population.

• Tuesday, August 3rd 2021 - 06:21 UTC

  Brazil's Azul signs a one billion dollars deal with German manufacturer for 220 VTOL taxi aircraft

  

  Azul, Brazil's third-largest airline announced on Monday a one billion dollars accord with German manufacturer Lilium for the purchase of 220 of VTOL electric aircraft scheduled to begin operating in 2025.

• Sunday, August 1st 2021 - 11:57 UTC

  China shuts down nuclear power reactor for safety reasons

  

  Chinese authorities have decided to shut down a nuclear power plant in the southern area of Taishan “for maintenance” just one week after its French operator EDF publicly recommended its closure due to a fuel rod problem

• Saturday, July 31st 2021 - 10:00 UTC

  Gasoline goes up yet again in Uruguay

  

  The Government of Uruguay Friday announced an increase in the price of fuel as of July 31. It is the third rise in less than two months.

• Saturday, July 31st 2021 - 07:44 UTC

  Argentina eolic power satisfied 24% of domestic electricity demand during July

  

  More than 24% of electric power demand in windy Argentina was supplied by eolic energy during the month of July, which is considered a historic record when it comes to renewable energies, pointed out by the country's Energy Secretariat.

• 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

• 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.