Ecuador and Colombia: the reasons behind a dual water and energy crisis
30/04/2024
Ecuador and Colombia, both dependent on hydroelectricity, are facing a historic drought that is exacerbating their energy crises.
Ecuador and Colombia, both dependent on hydroelectricity, are facing a historic drought that is exacerbating their energy crises.
Endemic corruption in the Venezuelan oil industry has swallowed up billions of dollars, exposing massive embezzlement at Petroleos de Venezuela (PDVSA).
Ecuador is facing daily losses of $72 million due to a hydroelectric deficit caused by severe drought, announces Energy Minister Roberto Luque.
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.
China could dominate Venezuelan oil purchases as India gradually withdraws, spurred on by new US sanctions.
Ecuador introduces days off to alleviate a severe hydroelectric crisis and manage the national electricity shortage.
The competitiveness of Brazilian LNG is approaching that of Europe and the Mediterranean, despite a weakening Brazilian premium and an expected increase in imports.
Venezuela denounces the reimposition of US sanctions on its oil, claiming a violation of the agreements negotiated in Qatar.
The United States has announced the reinstatement of sanctions against Venezuela’s oil and gas sectors, in response to the continued repression of the opposition by Nicolas Maduro’s government.
As the expiry of a major oil sanctions license approaches, the US and Venezuela are negotiating intensively without reaching agreement on a renewal conditional on competitive presidential elections.
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