Energy & Oil

• Wednesday, October 24th 2018 - 21:55 UTC

  Argentina eyes reopening Norpatagónico railroad to boost Vaca Muerta

  

  Argentina will seek 780 million US dollars to recover the Norpatagónico freight railroad to link the Vaca Muerta hydrocarbon facilities to the port of Bahía Blanca, in the province of Buenos Aires, through Neuquén, La Pampa and RioNegro, President Mauricio Macri's administration announced Wednesday.

• Wednesday, October 24th 2018 - 12:50 UTC

  Mapuche demands freeze Chinese wind energy project for Bariloche

  

  A Chinese renewable energy investment in Patagonia was halted after no agreement could be reached with the small mapuche community living where the wind turbines were going to be installed.

• Tuesday, October 23rd 2018 - 06:15 UTC

  Ten Falkland Islands tourist lodgings gain Green Seal status

  

  Ten tourist accommodation establishments in the Falkland Islands have been awarded ‘Green Seal status’, an award related to being environmentally responsible, following assessments by the Falkland Islands Tourist Board (FITB).

• Friday, October 19th 2018 - 11:20 UTC

  Chile: eighth consecutive increase in price of fuel finally draws Piñera's attention

  

  President Sebastián Piñera Thursday ordered his cabinet to seek ways to stop the trend, following the eighth increase in the price of petrol in as many weeks

• Friday, October 19th 2018 - 09:15 UTC

  Human rights violations and environmental disasters: What leaves the Chinese investment in Latin America

  

  Chinese companies present a pattern of violations of human and environmental rights in Latin America, according to a report revealed by the International Federation of Human Rights (FIDH).

• Wednesday, October 17th 2018 - 17:56 UTC

  Uruguay's wind energy revolution highlighted in leading yearly report

  

  Uruguay ranks second in the world among eolic-energy producing countries with a 40.1% share and is the only non-European nation in a top position, according to a report by the SEG Ingeniería consultancy firm.

• Friday, October 12th 2018 - 15:11 UTC

  Chile's finance minister defends newest, sharpest increase in fuel price

  

  Chile's Finance Minister Felipe Larraín justified the seventh increase in as many weeks in the price of petrol because the Fuel Price Stabilization Mechanism (Mepco) has subsidized 50 million dollars so far this year.

• Friday, October 12th 2018 - 09:05 UTC

  Chile wants lithium traded on the London Metals Exchange

  

  Chile has called for lithium to be traded on the London Metals Exchange to provide greater “clarity” about its value, mining minister Baldo Prokurica said. At present, lithium producers negotiate contracts with buyers but the terms of the deals are not made public. Critics say this lack of clarity has a chilling effect on potential new investment in the market since the metal’s value cannot be precisely measured.

• Wednesday, October 10th 2018 - 17:04 UTC

  Oil Price Rally Boosts Electric Car Sales

  

  Tesla's competition is about to get more crowded next year with many legacy automakers and luxury brands launching a record number of battery electric vehicles and plug-in hybrids.

• Saturday, October 6th 2018 - 09:10 UTC

  Peso devaluation to affect Argentine households retroactively

  

  Argentina's government Friday allowed home gas suppliers to charge extra as of January 2019 to make up for the recent devaluation of the peso against the US dollar.