Energy & Oil

• Tuesday, January 3rd 2023 - 09:39 UTC

  Number of Covid-19 cases on the rise in Uruguay

  

  Uruguayan health authorities Monday announced the country had detected over 8,900 cases of Covid-19 last week for a total of 1,020,161 confirmed infections since the onset of the pandemic.

• Monday, January 2nd 2023 - 09:40 UTC

  Buenos Aires residents welcome New Year in the dark

  

  Thousands of residents in the Autonomous City of Buenos Aires saw the New Year's celebrations brought to an abrupt end when a power cut hit several neighborhoods in the Argentine capital between around 0.30 and 2 am on Jan. 1.

• Friday, December 30th 2022 - 09:36 UTC

  YPF to build lithium batteries in Catamarca

  

  Argentina's state-run Y-TEC YPF plans to install a lithium battery manufacturing plant in the province of Catamarca, according to a deal signed this week between Governor Raúl Jalil and YPF's President Pablo González, it was announced. Also signing the document was Y-TEC (YPF's technological institute) Chief Roberto Salvarezza.

• Friday, December 30th 2022 - 09:25 UTC

  Exxon Mobil suing EU windfall tax on oil companies profits:“counter -productive”

  

  Exxon Mobil Corp is suing the European Union on the grounds that the windfall tax on oil companies will hinder investment and end up being “counter-productive”, according to media reports.

• Wednesday, December 28th 2022 - 10:00 UTC

  Putin bans sale of oil to countries that abide the US$ 60 cap on Russian crude

  

  President Vladimir Putin announced Russia was banning the supply of Russian oil and oil products to countries that impose a price cap, allowing deliveries to those nations only on the basis of a special permission from the Kremlin leader.

• Wednesday, December 28th 2022 - 01:33 UTC

  Brazil sets gradual caps on greenhouse gas emissions from fossil fuels

  

  Brazilian President Jair Bolsonaro approved the resolution of the National Energy Policy Council (CNPE) defining the annual mandatory targets for reducing greenhouse gas emissions for the commercialization of fuels over the next ten years, under the National Policy for Biofuels (Renovabio), Agencia Brasil reported Tuesday after the measure was published in the Diário Oficial da União (Federal Official Gazette).

• Monday, December 26th 2022 - 10:14 UTC

  Solar energy use grows at a record pace in Brazil

  

  Monetary savings when compared to electricity stemming from other sources reaches up to 90%, Agencia Brasil reported Sunday about the increasing use of solar energy in South America's largest country.

• Monday, December 19th 2022 - 08:10 UTC

  Uruguay: ANCAP's boss foresees price drop at pumps

  

  Uruguay's state-run oil company ANCAP President Alejandro Stipanicic said the price of fuel at pumps should be adjusted downward shortly after such a trend has been registered for several weeks in the international market.

• Friday, December 16th 2022 - 12:51 UTC

  Italian contractor to build oil offshore structure, 2,000 meters deep in Guyana's profitable Stabroek block

  

  Saipem, the Italian energy industry services company, has secured offshore oil and gas field construction contracts in Guyana and Egypt worth some US$ 1.2 billion in total

• Tuesday, December 13th 2022 - 09:26 UTC

  Falklands' household Power and Fuel Allowance payments

  

  The Falkland Islands government Household Power and Fuel Allowance (HFPA) administrative team would like to inform the public that, all applicants who received a letter confirming their successful application for this allowance will receive their December payment from Monday 12 December.