Energy & Oil

Tuesday, June 8th 2021 - 09:00 UTC
Price of fuel goes up 12% in Uruguay

The Government of Uruguay Monday announced a 12% increase in the price of fuels due to the increase in the international value of oil, a product that Uruguay imports 100%.
Wednesday, June 2nd 2021 - 08:36 UTC
Uruguay's exports grow 54.9% yearly, UEU report shows

Uruguay's exports rose 54.9% yearly, according to a report from the Uruguayan Exporters Union (UEU) released Tuesday, which also showed that between January 1 and May 31 the increase was 33.9%.
Monday, May 31st 2021 - 08:47 UTC
Clean energy summit ready to start virtually in Santiago, Chile

The Global Clean Energy Summit is to be held for the first time in Latin America and it is due to span from Monday, May 31, through Friday, June 4 in Santiago, Chile, albeit in a virtual format.
Saturday, May 29th 2021 - 08:41 UTC
Brazil threatened by shortages in electricity supply due to water emergency

Brazil's Electric Sector Monitoring Committee Thursday issued a “water risk” warning and the Federal Government undertook a series of measures to avoid energy rationing until October, a period of low rainfall and more severe drought in the southeast and midwest, it was announced.
Wednesday, May 26th 2021 - 08:30 UTC
Bolivia's economy grows 5.3% in between January and April 2021

Economic activity in Bolivia has grown 5.3% from January to April 2021, according to The Global Index of Economic Activity (IGAE), Economy Minister Marcelo Montenegro announced Tuesday.
Saturday, May 22nd 2021 - 09:02 UTC
Uruguay now a part of the Alliance for the Decarbonization of Transport

Uruguay's entry into the Alliance for the Decarbonization of Transport was formalized Friday when Industry, Energy and Mining Minister Omar Paganini Friday took part in the virtual Transport Forum Summit 2021, an event organized by the OECD.
Wednesday, May 19th 2021 - 09:27 UTC
Ecofriendly fuel mixture of waste and cooking oil used in commercial flight from France to Canada

French carrier Air France filled the tanks of an Airbus A-350 bound for Canada with a mixture of kerosene with 16 per cent biomass which should significantly reduce CO2 emissions, the airline announced.
Monday, May 17th 2021 - 09:05 UTC
Hydrocarbons: Argentina going up as world goes down

The University of Buenos Aires (UBA)'s Gas and Petroleum Institute Director Aníbal Mellano said in an interview published Sunday in the Ambito Financiero newspaper that his country was “in an ascending cycle, within a descending world cycle for hydrocarbons.”
Tuesday, May 4th 2021 - 23:26 UTC
Russia plans major presence in Argentina with two nuclear plants plus military equipment

Russia's Ambassador to Buenos Aires Dmitry Feoktistov has confirmed his country's intention to build two nuclear power plants in Argentina and press sources at the Casa Rosada presidential palace have not denied it, although the project is yet to be officially endorsed by the administration of President Alberto Fernández.
Thursday, April 29th 2021 - 16:56 UTC
Argos granted extension to Falklands production licence

Argos Resources has successfully secured a 12-month extension to the second term of its Production Licence in the North Falkland Basin, the company announced this week. The extension, which runs until 1 May 2022, was approved by the Falkland Islands Government’s Executive Council on March 24.