Energy & Oil

• Thursday, August 3rd 2023 - 07:05 UTC

  Petrobras processing more oil in domestic refineries, as export volumes drop 22%

  

  Brazil's giant oil and gas corporation Petrobras this week presented its second-quarter report, which showed a drop in oil exports in a scenario of increased processing at domestic refineries.

• Tuesday, August 1st 2023 - 12:10 UTC

  UK launches ambitious North Sea oil and gas development licensing to ensure energy security

  

  The United Kingdom is to grant hundreds of new licenses to seek and drill for gas and oil in the North Sea as it tries to bolster its energy security, the government said on Monday.

• Monday, July 31st 2023 - 02:55 UTC

  First shipment of “green lithium” (triple zero) from Brazil's Minas Gerais

  

  This week Brazil shipped the world’s first green lithium, produced in the Jequitinhonha Valley, in Minas Gerais, from the Port of Vitória (Espirito Santo State). The production, by Sigma Lithium, is a pioneer for having raised the level of industrial sustainability by being triple zero (zero carbon, zero waste and zero harmful chemicals). Lithium is used in electric vehicle batteries.

• Monday, July 31st 2023 - 02:45 UTC

  US emergency alert: Air conditioners to fight heat wave could cause power outages

  

  Energy providers are warning United States clients to be frugal with air-conditioning this weekend, as intense heat and increased demand could lead to blackouts. Nearly 200 million Americans are under “dangerously hot conditions” alerts with temperatures expected to soar past 100F (38C) in several major cities.

• Tuesday, July 25th 2023 - 11:32 UTC

  Latin-Americas' largest utilities company plans to invest US$ 17bn. in clean energy

  

  Electrobras, Brazil's main electricity complex has plans to invest some US$ 17 billion in the next five years through mergers and acquisitions. The company said that investments in electricity generation would come in at around US$3.6 billion over the period as it moves to comply with its goal of a clean energy complex.

• Friday, July 21st 2023 - 10:04 UTC

  Production of lithium batteries to start in September in Argentina

  

  Argentina's first National Plant for the Technological Development of Lithium Cells and Batteries will start production in September on the premises of the National University of La Plata (UNLP), Y-TEC (a subsidiary of the state-owned oil company YPF) head Roberto Salvarezza announced Thursday.

• Wednesday, July 19th 2023 - 10:33 UTC

  Uruguay signs green hydrogen deal with EU

  

  Uruguayan President Luis Lacalle Pou Tuesday signed a “Memorandum of Understanding on Cooperation in Renewable Energies, Energy Efficiency, and Green Hydrogen” with the European Union to achieve carbon neutrality by 2050 and held one-on-one meetings with French President Emmanuel Macron and Italy's Prime Minister Georgia Meloni on the closing day of the EU-Celac summit in Brussels.

• Wednesday, July 12th 2023 - 21:03 UTC

  Shell considers cutting oil and gas production “dangerous and irresponsible”

  

  Cutting oil and gas production would be “dangerous and irresponsible”, the boss of energy giant Shell has told the BBC. Wael Sawan insisted that the world still “desperately needs oil and gas” as moves to renewable energy were not happening fast enough to replace it.

• Monday, July 10th 2023 - 10:42 UTC

  Argentina: First segment of President Néstor Kirchner gas pipeline inaugurated

  

  In an event marking togetherness within the ruling Unión por la Patria front ahead of this year's presidential elections, the first segment of the President Néstor Kirchner gas pipeline was inaugurated Sunday in Salliqueló, in the province of Buenos Aires.

• Friday, July 7th 2023 - 10:59 UTC

  ECLAC highlights the importance of a lithium agenda for Latin America

  

  The Economic Commission for Latin America and the Caribbean (ECLAC) Thursday published a report called “Extraction and industrialization of lithium. Opportunities and challenges for Latin America and the Caribbean,” recommending the region's countries devise a productive development agenda around lithium to promote its extraction for the benefit of economic activities directly and indirectly related to the mineral.