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MercoPress, en Español

Montevideo, November 23rd 2024 - 10:14 UTC

Energy & Oil

  • Tuesday, January 23rd 2024 - 10:53 UTC

    Power restored at Uruguay's Artigas Base in Antarctica

    The Artigas Base on the largest of the South Shetland Islands was founded in December 1984

    Uruguay's National Administration of Power Plants and Electrical Transmissions (UTE) has restored power supply at the South American country's Artigas Scientific Base in Antarctica, it was reported Monday in Montevideo. The service had been interrupted between Thursday at 2.28 pm and late Sunday.

  • Tuesday, January 23rd 2024 - 10:49 UTC

    Falklands applies for expansion of wind farm which supplies 35% of Stanley's energy

    The expansion of Sand Bay Wind Farm plans to include 3 by E70 Enercon wind energy converters and battery storage

    The Falklands Islands have invested heavily in green, renewable energy and protection of the environment, while at the same time having as a goal making the Islands energy independent, secure and resilient. This has meant that 90% of households in Camp use energy derived from wind and solar power, while 35% of Stanley’s energy comes from wind power, mainly three eolic turbines at Sand Bay.

  • Friday, January 19th 2024 - 10:27 UTC

    Lithium: Bolivia's YLB signs new agreement with China's CBC

    Opposition lawmakers said these announcements were mere propaganda

    A new agreement between Bolivia's state-owned Yacimientos de Litio Bolivianos (YLB) and the Chinese consortium CATL, BRUNP & CMOC (CBC) was signed Thursday to install a lithium carbonate pilot plant with Direct Lithium Extraction (DLE) technology in the Uyuni salt flat and would have a production of 2,500 tons per year after an investment worth US$ 90 million.

  • Thursday, January 18th 2024 - 10:55 UTC

    Argentina: New oil spill recorded off Bahía Blanca

    The German oil company Oiltanking was involved in both incidents a fortnight apart

    Argentine authorities in the city port of Bahía Blanca in the province of Buenos Aires said a new oil spill had been reported after the one late last month. However, this time around the damage would have been controlled in less time, it was explained.

  • Tuesday, January 16th 2024 - 11:10 UTC

    Peru: Repsol argues area affected by La Pampilla spill is fit for use

    Despite Repsol's statement, there is no conclusive evidence that the area affected by the spill is oil-free

    The Spanish oil company Repsol said Monday that the Peruvian beaches affected by the 2022 La Pampilla spill were again fit for travelers.

  • Saturday, January 6th 2024 - 10:10 UTC

    FPSO Sepetiba begins production at Petrobras’ third largest oil field off Brazil

    The Mero field on the Libra block is located some 180 kilometers off the coast of Rio; FPSO Sepetiba has been chartered by Petrobras on a 22.5-year lease

    Oil and gas giant Petrobras has started production from a floating production, storage, and offloading (FPSO) vessel at its giant Mero oil field in the pre-salt area of the Santos Basin offshore Brazil. The third production unit at the field, out of a total of five, since two are yet to be installed.

  • Tuesday, December 26th 2023 - 08:20 UTC

    Angola quitting OPEC over dispute about oil production quotas

    Angola holds untapped oil and gas resources estimated at 9bn barrels of proven crude oil reserves and 11 trillion cubic feet of proven natural gas reserves.

    Angolan official media have reported from Luanda that Angola is leaving OPEC, following a meeting of the Council of Ministers, let by the president of the country, Joao Lourenco.

  • Wednesday, December 20th 2023 - 09:55 UTC

    Maduro meets with Repsol executives to advance on joint venture

    Repsol has a 40% stake in Petroquiriquire

    Venezuelan President Nicolás Maduro met Tuesday in Caracas with executives from the Spanish oil company Repsol to further discuss the details of Monday's agreement with the South American country's PDVSA (Petróleos de Venezuela) to reactivate operations as the United States temporarily lifted some sanctions previously imposed on the regime.

  • Wednesday, December 20th 2023 - 09:55 UTC

    Essequibo conflict means higher insurance costs for Guyana

    Oil drilling will entail higher premiums, it was explained

    Amid escalating concerns about the Essequibo crisis with neighboring Venezuela, Guyana has been included in the list of greatest risk for maritime transport drafted by insurers Lloyd's Market Association for vessels visiting offshore facilities in the former British colony's Exclusive Economic Zone, beyond “territorial waters.”

  • Monday, December 18th 2023 - 10:53 UTC

    Argentina to buy electricity from Brazil due to storm

    The storm came as the Argentine government was already planning to increase the price of electricity for consumers citing a new emergency

    Following the disruption caused by last weekend's storms to the country's grid, Argentina will import electricity from Brazil on a transitory basis, it was reported Sunday, in addition to other emergency measures adopted to face the crisis and restore supply in parts of the Autonomous City of Buenos Aires (CAMA) and its Metropolitan Area (AMBA).