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MercoPress, en Español

Montevideo, April 27th 2024 - 08:27 UTC

Energy & Oil

  • Wednesday, May 24th 2023 - 08:57 UTC

    Protestors storm shareholders meeting in London yelling “shut down Shell”

    Proceedings were delayed as the protesters ran to the front of the room where executives were sitting on stage

    Protestors yelling “shut down Shell” stormed the oil corporation giant annual shareholders meeting in London with security having to step in to protect board members. Proceedings were delayed as the protesters ran to the front of the room where executives were sitting on stage, and some demonstrators had to be carried out of the building by security.

  • Tuesday, May 23rd 2023 - 10:56 UTC

    Chile's advantageous position in electromobility development highlighted

    “Chilean copper and lithium mining is fundamental,” Hernando said

    During her participation in the Raw Materials Convention between the European Union and Latin America 2023 in Argentina, Chile's Mining Minister Marcela Hernando highlighted her country's advantageous position for the development of electromobility due to its large copper and lithium reserves.

  • Monday, May 22nd 2023 - 10:29 UTC

    Finland connects nuclear plant to power grid; EU classifies nuclear as 'sustainable energy'

    The 1.6 Giga-watt (GW) reactor, built by the French-led Areva-Siemens consortium, had originally been due to open in 2009.

    Finland's long-delayed Olkiluoto-3 nuclear reactor connected to the power grid for the first time this month, the plant's operator said, 12 years after its planned launch. Located on Finland's west coast, Olkiluoto-3 is the country's first new nuclear plant in over four decades and Europe's first in almost 15 years.

  • Saturday, May 20th 2023 - 11:15 UTC

    Fiftieth anniversary of Stanley Power Station in the Falklands

    Photographed on celebration day is the Power Station Staff with their cake made by Michele Evans.

    The Falkland Islands Power and Electrical Section are delighted to be able to celebrate 50 years of service for Power Station ‘B’. On 19 May 1973 Power Station ‘B’ was opened by then Governor Mr E G Lewis CMG OBE, and in attendance were members of the public, alongside Power Station staff and those who built the station.

  • Friday, May 19th 2023 - 10:56 UTC

    EU involved in talks with Argentina and Chile to ensure supplies of lithium

    It is estimated that demand for lithium of which Argentina and Chile are crucial suppliers will multiply by twelve by 2030 and twenty by 2050

    The European Union is working on agreements with Argentina and Chile with the purpose of increasing access to critical minerals such as lithium, essential for the batteries of electric automobiles and to comply with the EU's less carbon-intensive economy guidelines.

  • Tuesday, May 16th 2023 - 10:47 UTC

    Chile launches Lithium and Salt Flats Committee

    The new body adds to President Boric's lithium strategy outlined last month

    Chile's Government Monday approved the creation of the “Lithium and Salt Flats Committee” to add to the National Lithium Strategy announced last month in areas involving the Economic Development Agency (Corfo) and also as a technical advisory body, it was reported in Santiago.

  • Tuesday, May 16th 2023 - 10:19 UTC

    Petrobras creates diversity management position

    To fill the position, Petrobras will hold an internal selection process, aimed exclusively at people from under-represented groups

    Brazil's state-run oil company Petrobras Monday announced the creation of a diversity, equity, and inclusion managerial position, Agencia Brasil reported.

  • Tuesday, May 16th 2023 - 02:00 UTC

    Australia approves new coal mine: 2,5 million tons in five years

    Scientists have repeatedly warned that any new fossil fuel projects are not compatible with global climate goals.

    Despite elected on a climate action platform the Australian government has approved a new coal mine for the first time since it was elected, reports the BBC from Canberra. The government was bound by national environment laws when considering Central Queensland's Isaac River coal mine, a spokeswoman said.

  • Saturday, May 13th 2023 - 10:31 UTC

    Lithium exporters announce huge merger in Argentina

    Allkem shareholders will own approximately 56% and Livent shareholders will own approximately 44% of NewCo, it was announced

    Argentina's two only lithium exporters -Allkem (Australia) and Livent (LTHM)- have announced a multi-billion dollar merger. The companies operating in Catamarca and Jujuy will launch a new company valued at US$10.6 billion, it was reported.

  • Friday, May 5th 2023 - 23:02 UTC

    Canadian company JHI to explore for oil and gas in Falklands' waters

    In December, Argos Resources agreed for Canada-based JHI to acquire Argos' PL001 Production License interests for new shares in JHI, plus a cash payment. Photo: RAPHAEL WOLLMANN/ GETTY IMAGES

    Oil and gas exploration company Argos Resources is set to sell its sole asset, the PL 001 production license in the North Falkland Islands, which is estimated to hold around 3 billion barrels of oil, to JHI. After completing the transaction, Argos plans to seek to delist from AIM and wind up the company.