Energy & Oil

Tuesday, July 20th 2021 - 09:20 UTC
Chile leads the region on its way to sustainable energy-powered cars

As the leading country in the region on the road to new sources of energy for vehicles, Chile last week added a new charging point for battery-powered engines next to the Nueva Angostura tollbooth and is the first of a total of 5 to be implemented on Ruta 5 Sur between Santiago and Talca.
Tuesday, July 20th 2021 - 09:12 UTC
Europe's push for drastic shift towards electric vehicles may find objections

The European Commission has voted last week to ban the sale of vehicles that run on gasoline or diesel by the year 2035 to change the energy matrix in transport.
Tuesday, July 20th 2021 - 09:05 UTC
Argentina and Bolivia have bills in Parliament to boost transitioning to e-cars

Just as the European Commission sent a bill last week to the European Parliament regarding electric vehicles, the Governments of Argentina and Bolivia are also taking similar paths.
Monday, July 19th 2021 - 09:11 UTC
OPEC and Russia+10 will increase output, 400,00 bpd, as of August first

The world's leading oil-producing countries agreed on Sunday to continue with the gradual increase of output, 400,000 barrels per day, beginning August first, to help global economic recovery following the pandemic, according to a release from the group's meeting in Vienna.
Wednesday, July 14th 2021 - 09:05 UTC
Brazilian President supports Cuban demonstrations, signs privatization of Eletrobras

Brazilian President Jair Bolsonaro Tuesday expressed his support for the Cuban people protesting against their living conditions under the Communist Government of Miguel Díaz-Canel.
Wednesday, July 14th 2021 - 09:00 UTC
Lack of semiconductors and electronic components limiting Brazil's car production

Brazil's Association of Automotive Vehicle Manufacturers, ANFAVEA announced that export expectations for 2021 should reach 389,000, a significant increase over the previous estimate of 353,000. Furthermore, overseas sales will stand at 20% over the 2020 figure.
Wednesday, July 14th 2021 - 08:30 UTC
Volkswagen picks Uruguay to make e-cars Latin American landing

The traditional German automaker Volkswagen has chosen Uruguay as the first country in Latin America to receive its assortment of fully electricity-powered models, it was announced during a ceremony which was attended by President Luis Lacalle Pou.
Thursday, July 8th 2021 - 09:56 UTC
Argentina takes action against foreign oil companies operating on South Atlantic continental shelf

Argentina's Ministries of Foreign Affairs and Energy Wednesday announced sanctions were to be imposed on three companies for operating illegally in the South Atlantic.
Thursday, July 8th 2021 - 09:48 UTC
Three companies (two UK and one Israel) involved in Falklands' oil industry, added to Argentina's sanctions list

Argentina announced it has launched a sanctions process against several foreign oil companies, the UK based Chrysaor Holdings Ltd, Harbor Energy Plc, and Israel's Navitas Petroleum for involvement in hydrocarbons activities, with illegitimate Falkland Islands licenses, in the Argentine continental shelf, more precisely at the Sea Lion project in North Malvinas basin
Tuesday, July 6th 2021 - 09:15 UTC
Mining company pledges to invest US $ 34 million in lithium plant in northern Argentina

A local subsidiary of China's Ganfeng Lithium has purchased a 23-hectare property in the General Güemes Industrial Park in the northwestern Argentine province of Salta, it was announced.