Energy & Oil

• Tuesday, July 6th 2021 - 09:15 UTC

  Mining company pledges to invest US $ 34 million in lithium plant in northern Argentina

  

  A local subsidiary of China's Ganfeng Lithium has purchased a 23-hectare property in the General Güemes Industrial Park in the northwestern Argentine province of Salta, it was announced.

• Wednesday, June 30th 2021 - 00:18 UTC

  Volkswagen goes electric and ends making internal combustion engines in 2035

  

  Germany's Volkswagen will no longer make cars with internal combustion engines in Europe by 2035, a board member said. The announcement comes as carmakers in Europe face mounting pressure to combat climate change and curb emissions under new EU regulations

• Tuesday, June 29th 2021 - 08:45 UTC

  Energy minister calls for “conscious” use of electricity throughout Brazil

  

  Brazil's Mines and Energy Minister Bento Albuquerque Monday launched an appeal for “conscious” use of water and energy in a televised message during which he admitted the seriousness of the current drought and its impact on the production and distribution of electricity.

• Friday, June 18th 2021 - 09:23 UTC

  Major European firms sign agreement for sustainable exploitation of Chilean lithium

  

  As the world transitions from fossil fuels to sustainable energy-powered vehicles, four European giants have signed an agreement for the sustainable exploitation of Chilean lithium, it was announced Thursday in Santiago.

• Tuesday, June 15th 2021 - 09:40 UTC

  Russia invites Argentine officials to visit nuclear power plant similar to the one planned for South Atlantic

  

  Russia's intentions to install nuclear power plants in Argentina took a new step Monday as the Rosatom agency invited Argentine officials over to visit its floating plant in Siberia.

• Tuesday, June 8th 2021 - 09:00 UTC

  Price of fuel goes up 12% in Uruguay

  

  The Government of Uruguay Monday announced a 12% increase in the price of fuels due to the increase in the international value of oil, a product that Uruguay imports 100%.

• Wednesday, June 2nd 2021 - 08:36 UTC

  Uruguay's exports grow 54.9% yearly, UEU report shows

  

  Uruguay's exports rose 54.9% yearly, according to a report from the Uruguayan Exporters Union (UEU) released Tuesday, which also showed that between January 1 and May 31 the increase was 33.9%.

• Monday, May 31st 2021 - 08:47 UTC

  Clean energy summit ready to start virtually in Santiago, Chile

  

  The Global Clean Energy Summit is to be held for the first time in Latin America and it is due to span from Monday, May 31, through Friday, June 4 in Santiago, Chile, albeit in a virtual format.

• Saturday, May 29th 2021 - 08:41 UTC

  Brazil threatened by shortages in electricity supply due to water emergency

  

  Brazil's Electric Sector Monitoring Committee Thursday issued a “water risk” warning and the Federal Government undertook a series of measures to avoid energy rationing until October, a period of low rainfall and more severe drought in the southeast and midwest, it was announced.

• Wednesday, May 26th 2021 - 08:30 UTC

  Bolivia's economy grows 5.3% in between January and April 2021

  

  Economic activity in Bolivia has grown 5.3% from January to April 2021, according to The Global Index of Economic Activity (IGAE), Economy Minister Marcelo Montenegro announced Tuesday.