
The Argentine province of Tierra del Fuego is grappling with a deepening economic and institutional crisis, amid mounting industrial layoffs, high-level government resignations, and a sharp local debate over the US military intervention in Venezuela.
3 comments
Brazil's oil and natural gas production totaled 4.921 million barrels of oil equivalent per day (boe/d) in November 2025, with 3.773 million barrels per day (bbl/d) of oil extracted, which represented a 6.4% decrease from the previous month and a 13.9% increase compared to the same month in 2024.
Add your comment!
U.S. President Donald Trump said Washington will govern Venezuela until a “safe transition” is achieved, following the capture of Venezuelan leader Nicolás Maduro in a large-scale military operation.

Bolivia's Hydrocarbons Ministry has announced a sweeping liberalization of the national fuel market, lifting long-standing import restrictions and implementing a zero Specific Consumption Tax (ICE) for private importers.

Some 31,000 households were left without electricity on Monday in São Paulo after heavy rains late in the afternoon, leading to a Civil Defense flooding alert in South America's largest city.

Argentine lithium producers have expressed optimism towards 2026 after the mineral's global market showed strong signs of recovery, with major financial institutions and industry bodies projecting a significant price rebound and a massive production surge over the next two years.

The Government of Panama will take disciplinary action against several oil tankers registered under its flag targeted by the United States for alleged irregularities, Foreign Minister Javier Martínez-Acha announced Friday. These vessels failed to respect Panamanian maritime legislation, he explained.

International oil benchmarks posted modest gains on Tuesday as the market entered a holiday-shortened week. Investors remained focused on the escalating geopolitical friction between Washington and Caracas, which has introduced a risk premium into an otherwise oversupplied market.

Thousands of miners, coca growers, and labor activists descended on the seat of government on Monday, marking the first day of a national general strike against Bolivian President Rodrigo Paz Pereira's decision to terminate fuel subsidies. The mobilization, led by the Bolivian Workers' Union (COB), has effectively paralyzed the capital and several other major departments.

The Canopus Voyager, a tanker operated by US energy giant Chevron, departed Venezuelan waters on Sunday carrying 500,000 barrels of crude oil destined for Texas. The shipment proceeds despite an aggressive campaign by the President Donald Trump administration to intercept Venezuelan oil exports in international waters.