Argentina

Buenos Aires raises biofuel prices for the domestic market

Argentina increased regulated prices for ethanol and biodiesel used in mandatory blending, directly impacting the local industry and domestic fuel market.

NG Energy reaches 40 MMcf/d gas output in Colombia through Aruchara-4 and Sinú-9 wells

NG Energy boosts its gas production in Colombia to 40 MMcf/d, with projected sales above $11.00 per MMBtu and expected profitability in Q4 2025.

Argentina appeals $16.1bn judgment linked to YPF nationalisation

Argentina seeks to overturn a U.S. court ruling ordering it to pay $16.1bn to two YPF shareholders after the 2012 partial expropriation of the oil group.
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LNG Energy Group settles $10.7mn debt and exits insolvency in Colombia

LNG Energy Group finalised a court-approved reorganisation agreement in Colombia and settled a major debt through asset transfer, while continuing its operational and financial recovery plan.

Gran Tierra signs $200mn prepayment deal and adjusts debt structure in Colombia

Gran Tierra Energy has signed a crude oil sale agreement with a $200mn prepayment and amended its Colombian credit facility to improve financial flexibility.

Ecopetrol secures COP700 000 million local loan to cover operational spending

Colombian company Ecopetrol has secured authorisation to borrow COP700 000 million ($171mn) from Banco Davivienda to bolster its liquidity over a five-year period.
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Enap reaches 72% completion on its green hydrogen plant in Cabo Negro

With a $14mn investment, Enap progresses on the construction of its first green hydrogen plant, expected to be operational in early 2026 in the Magallanes region of southern Chile.

The United States Raises Tariffs Against Colombia on Energy and Metals

The United States announces a tariff increase beyond the 10% base rate targeting several Colombian products. Bogotá has recalled its ambassador. The detailed list of tariff lines has not yet been published, while Colombia’s ban on coal exports to Israel remains in effect.

Bolivia: Paz prepares energy overhaul, lithium and gas transit reforms

The president-elect outlines a pro-market agenda: gradual reform of fuel subsidies, review of Yacimientos de Litio Bolivianos (YLB) lithium contracts, and monetization of gas transit between Argentina and Brazil, prioritizing supply stabilization.
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Trump authorises CIA covert operations targeting Venezuela

Washington confirms it has mandated the CIA to carry out secret actions against Nicolas Maduro’s government, escalating tensions between the United States and Venezuela amid geostrategic and energy stakes.

QIA invests $535mn to increase its stake in Colombian power producer ISAGEN

Qatar’s sovereign wealth fund has raised its stake to approximately 15% in ISAGEN, one of Colombia’s leading power producers, through a $535mn investment alongside Brookfield.

Oversupply pushes natural carbon credit price to 2025 low

The price of nature-based carbon credits dropped to $13.30/mtCO2e in October as a 94% surge in September issuances far outpaced corporate demand.
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EDF power solutions commissions 30 MW biomass plant in Colombia

EDF power solutions and Refocosta have inaugurated Colombia’s largest wood biomass power plant in Villanueva, with 30 MW of capacity and an annual output of 200 GWh injected into the national grid.

J&F Investimentos targets EDF’s thermal plant amid Brazil’s booming energy M&A

Brazilian holding J&F Investimentos is in talks to acquire EDF’s Norte Fluminense thermal plant, valued up to BRL2bn ($374 million), as energy-related M&A activity surges across the country.

EMBER: Chile could save $15mn annually by reducing renewable energy losses

A report reveals the economic impact of renewable energy losses in Chile, indicating that a 1% drop in curtailments could generate $15mn in annual savings.
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Grenergy doubles its investments and strengthens its position in energy storage

Grenergy reported €86mn in EBITDA in the first half of 2025 and raised its investments to €421mn, supported by increased energy sales and major storage operations.

Argentina puts 44% of Nucleo Electrica SA’s capital up for sale as part of its reform

The Argentine government launches a national and international tender to sell 44% of Nucleo Electrica SA, continuing its policy of economic withdrawal through capital markets.

Terra Innovatum signs agreement with Argentina’s Conuar for SOLO nuclear reactor components

Terra Innovatum has signed a memorandum of understanding with Conuar for the supply of key components for the industrial production of its SOLO micro-modular reactor, marking a strategic move into the South American market.
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Argentina targets Brazil for gas exports despite Bolivian fees

Argentina aims to boost gas sales to Brazil by 2030, but high transit fees imposed by Bolivia require significant public investment to secure alternative routes.

Horizonte wind farm begins operations and becomes Chile’s largest

With 816 MW of capacity and 140 turbines, Colbún’s Horizonte wind farm launched its commercial phase in early September after a gradual deployment over several months.

Spain: partnership for a solar project in the Tabernas desert

Ingeteam and Grenergy launch a solar project in the Tabernas desert, aiming to reduce CO2 emissions by more than 127,380 tonnes a year.

TotalEnergies and Verbund launch green hydrogen project in Tunisia

TotalEnergies and Verbund announce a major joint project to produce and export green hydrogen from Tunisia to Europe.

Statkraft relies on Enerfin for renewable energies

Statkraft has finalized the acquisition of Enerfin, strengthening its position in renewable energies in Spain and Brazil with 1.5GW of wind and solar projects.
Statkraft Renforce sa Position dans les Énergies Renouvelables avec l’Acquisition d’Enerfin.

Innergex commissions storage station in San Andrés, Chile

Innergex Renewable Energy has announced the commissioning of its 35 MW/175 MWh energy storage station in San Andrés, optimizing solar energy production in Chile.

FRV launches 600MW photovoltaic projects in Finland

FRV joins forces with Will & Must to develop 600MW of photovoltaic projects in Finland, marking a first foray into the Nordic countries for this leading renewable energy company.

Worldwide expansion of green hydrogen and ammonia projects

Worldwide, green hydrogen projects are multiplying. Hygenco is working with Tata Steel to develop a green hydrogen and ammonia project at the Gopalpur Industrial Park in India. The first phase aims to start production in December 2026.
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Ecuador and Colombia: the reasons behind a dual water and energy crisis

Ecuador and Colombia, both dependent on hydroelectricity, are facing a historic drought that is exacerbating their energy crises.

SMR: EU authorizes 300 million euros in aid to Nuward

The European Commission has given the go-ahead for a 300 million euro subsidy to Nuward, an EDF subsidiary, for the development of SMRs aimed at strengthening the European Union's decarbonization and energy autonomy.

Halliburton beats forecasts despite lower earnings

U.S. oil and gas group Halliburton posted first-quarter net income of $609 million, down 7% but ahead of expectations, thanks to strong international business.
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Energy crisis: Ecuador says it is losing $72 million a day

Ecuador is facing daily losses of $72 million due to a hydroelectric deficit caused by severe drought, announces Energy Minister Roberto Luque.

Raissi in Sri Lanka, without Vahidi under arrest warrant

Iranian President Ebrahim Raissi visits Sri Lanka, continuing his Asian tour that began in Pakistan, but without his Interior Minister, Ahmad Vahidi, who is the target of an Interpol red notice for an attack in Argentina.

Ohmium and H2 Green Mining launch green hydrogen project in Chile

Ohmium International is working with H2 Green Mining to develop a 20 MW green hydrogen pilot project to decarbonize the Chilean mining industry, using local renewable resources.
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Hydroelectric deficit: Ecuador declares two days off

Ecuador introduces days off to alleviate a severe hydroelectric crisis and manage the national electricity shortage.

Drought: Colombia stops exporting electricity to Ecuador

Colombia recently halted its electricity exports to Ecuador, a decision taken in response to a persistent drought that threatens the stability of its hydroelectric power grid.

Ecuador declares “emergency” in the electricity sector

Faced with a severe energy crisis, Ecuador's President announces radical measures, including the resignation of the Minister of Energy.
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ENGIE Energía Chile launches a major takeover bid

ENGIE Energía Chile launches a tender offer for its 4.500% bonds due 2025, promising a competitive return.

Chile: AES Andes receives environmental approval for Cristales project

AES Andes announces environmental approval for the Cristales project, integrating photovoltaics and storage, with an investment of $710 million.

Engie: Gas and electricity, a two-speed energy transition

Catherine MacGregor, Director of Engie, sheds light on the divergence in decarbonization between gas and electricity.
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ENGIE launches Latin America’s largest BESS.

ENGIE has reached a new milestone in the renewable energy sector in Latin America with the start-up of BESS Coya, the largest battery energy storage system in the region.

Colombia switches to natural gas

In Colombia, the conversion of vehicles to natural gas is gathering pace as the country's first left-wing government abolishes gasoline subsidies, offering tax incentives for natural gas vehicles.