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MercoPress, en Español

Montevideo, April 5th 2025 - 03:05 UTC

Energy & Oil

  • Tuesday, August 27th 2024 - 08:52 UTC

    Jet fuel shortage grounds numerous flights in Colombia

    Carriers able to fly as scheduled have upped the price of their tickets by 50%

    Jet fuel shortages have led airlines operating in Colombia to reschedule their services. The problem was reportedly caused by an electrical failure at the Cartagena refinery on Aug. 16.

  • Friday, August 23rd 2024 - 09:28 UTC

    Fire at Argentine oil refinery contained in time

    First aid responders were summoned from the PNA and the municipalities of Ensenada and Berisso

    A tank at the Ingeniero Enrique Mosconi Refinery Industrial Complex in the city of Ensenada -south of Buenos Aires and east of La Plata- belonging to Argentina's State-run oil company YPF caught fire Thursday at around 4.30 pm. The high smoke clouds polluted a vast part of the densely populated area but no victims were mentioned in the preliminary report.

  • Wednesday, August 21st 2024 - 16:42 UTC

    Bolivia to focus on biodiesel production

    The initiative must be handled responsibly regarding its possible effects on people and the environment, Flores pointed out

    Bolivia's Minister of Rural Development and Lands, Yamil Flores, underlined Tuesday that his country would use biotechnology to produce biodiesel. He also noted that this technology, although promising, must be handled responsibly, considering its impact on people's health as well as on the environment.

  • Wednesday, August 21st 2024 - 06:59 UTC

    BAS publishes carbon emissions for 2023/24, striving to reach net zero

    Infographic explaining BAS Carbon Emissions

    For the first time, the British Antarctic Survey (BAS) are publishing their carbon footprint data on their website to increase transparency and help other organizations reduce their carbon emissions.

  • Friday, August 16th 2024 - 18:16 UTC

    Falklands oil development: update on the consultation on Sea Lion offshore field

    A total of 25 presentations on the revised EIS have been received by the Falklands government and shared with Navitas

    On Tuesday 2 July 2024 it was announced that Navitas Petroleum Development and Production Ltd (Navitas) issued a revised Environmental Impact Statement (EIS) concerning its proposals for the drilling of oil wells and offshore production from the Sea Lion Field Northern Development Area, Phase 1 and 2.

  • Wednesday, August 14th 2024 - 11:06 UTC

    Brent crude down amid weak demand

    Iran's threats to Israel could jeopardize supply, it was explained

    London's futures markets showed a 1.96% decline Tuesday for Brent crude oil to be delivered in October amid contracting demand, which drove it to US$ 80.69 as North Sea crude, the European benchmark, fell US$ 1.61 from the last Intercontinental Exchange (ICE) trading. Meanwhile, in New York, the price of West Texas Intermediate (WTI) for delivery in the same period fell 2.11% and closed at US$ 76.80.

  • Friday, August 9th 2024 - 21:06 UTC

    Power restored to customers in Santiago Metropolitan Region

    The electricity company Enel now faces other challenges, Pardow stressed

    The Chilean Government said Friday that the electricity company Enel had met Thursday's goal to restore supply to 20,000 households in the Santiago Metropolitan Region (MR) after an outage that lasted seven days.

  • Friday, August 9th 2024 - 10:55 UTC

    Milei tours Vaca Muerta and Chile with a focus on energy investments

    We have the second-largest shale oil reserves in the world and we can be an exporting power, Milei argued

    Argentine President Javier Milei resumed his mileage accruing habit Thursday with a trip to Vaca Muerta in the Patagonian province of Neuquén and later to Santiago, where he met with local businessmen but not with Gabriel Boric Font.

  • Thursday, August 8th 2024 - 20:36 UTC

    Santiago's electricity company given ultimatum

    In case of failure, the Government would move on to the adversarial phase, Pardow explained

    The Chilean Government of President Gabriel Boric Font Thursday gave the electricity company Enel until midnight local time to reconnect the service to some 20,000 households in the Santiago Metropolitan Region (MR) where the outage reached its seventh day in a row. Energy Minister Diego Pardow held a press conference to explain the impending steps to terminate Enel's concession should it fail to deliver.

  • Wednesday, August 7th 2024 - 22:09 UTC

    Boric angry as Santiago power cuts reach 6th day

    “We are talking about a regulated monopoly,” Boric stressed

    Chilean President Gabriel Boric Font Wednesday instructed the Energy Ministry to review the agreement whereby the company Enel has been awarded the right to provide the Santiago Metropolitan Region with electricity after the outage affecting some 60,000 households reached its sixth consecutive day.