Argentine

PetroTal increases production by 15% in Q2 2025 and strengthens liquidity

PetroTal Corp. records production growth in the second quarter of 2025, improves its cash position and continues replacing key equipment at its main oil sites in Peru.

Arctech Brazil obtains FINAME certification and accelerates its regional expansion

Arctech Brazil has received FINAME certification from the National Bank for Economic and Social Development, making financing more accessible for its solar trackers and consolidating its role in the Latin American solar market.

Latin America’s six largest economies accelerate transition to renewables

Brazil, Mexico, Argentina, Colombia, Chile, and Peru significantly increase renewable electricity production, reaching nearly 70% of the regional electricity mix, according to a recent Wood Mackenzie study on Latin America's energy sector.
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NANO Nuclear signs strategic agreement with UrAmerica on Argentine uranium

NANO Nuclear Energy Inc. formalizes its collaboration with UrAmerica Ltd. to strengthen Argentina’s uranium supply, aiming to secure future nuclear fuel supply chains for the U.S. market.

VMOS secures USD 2 billion to finance its flagship Vaca Muerta project

VMOS signs a USD 2 billion loan to finance the construction of the Vaca Muerta South pipeline, aiming to boost Argentina's energy production while reducing costly natural gas imports.

Argentina forecasts 180 Mmcd to become regional supplier and major LNG exporter

According to a Wood Mackenzie report, Argentina could achieve daily gas production of 180 million cubic metres per day by 2040, aiming to become a key regional supplier and a significant exporter of liquefied natural gas.
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Argentina restricts industrial gas amid historic cold snap

Facing the lowest temperatures recorded in 30 years, the Argentine government announces reductions in natural gas supply to industries to meet the exceptional rise in residential energy demand across the country.

Argentina and Peru strengthen cooperation in civil nuclear sector

Argentina and Peru have signed an agreement expanding their scientific and technological cooperation in the civil nuclear field, including joint research projects and specialised training programmes for future development.

Sale of wind farm in Peru: ACCIONA Energía receives 253 million USD

ACCIONA Energía transfers the San Juan de Marcona wind farm to Luz del Sur S.A.A., a major player in Peru's energy sector, for up to USD 253 million, pending necessary regulatory approvals.
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EMBER: Solar with batteries becomes profitable in the world’s sunniest regions

A report from the think tank Ember reveals that falling battery prices now make year-round solar power generation economically viable in the world's sunniest regions.

CGC launches Vaca Muerta project and bets on heavy crude

Argentine company Compañía General de Combustibles is starting operations in the Vaca Muerta shale basin while boosting heavy crude production due to strong local demand and rising prices.

Arbitration: Enagás Secures USD 302 Million from Peru After Upward Revision

ICSID increases compensation owed to Enagás to USD 302 million in dispute over Peru’s cancellation of a major gas pipeline project.
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The Ecuadorian government takes over management of the OCP pipeline for six months

Ecuador has transferred management of the OCP pipeline to the state for an interim period of six months following the expiration of the contract with OCP Ecuador. A new tender will soon be launched to determine its future operation.

Ecopetrol: A Record Budget of 28 Trillion Pesos for 2025

The Colombian group Ecopetrol announces a historic investment for 2025, aiming to strengthen oil production, accelerate the energy transition, and improve infrastructure while pursuing its sustainability goals.

Zelestra inaugurates a $200 million solar park to support Colombia’s energy transition.

The Spanish company Zelestra opens a 144 MW solar park in Colombia, marking a significant milestone in its Latin American strategy and contributing to the country's decarbonation objectives.
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Five emerging countries dominate the voluntary carbon credits market

Colombia, Kenya, Cambodia, Mexico and Peru are the leaders in the voluntary carbon credit market, thanks to regulatory advances and investor-friendly policies.

Pampa Energía invests USD 1.2 billion in Mendoza to produce 50,000 barrels/day

Marcelo Mindlin, President of Pampa Energía, announces a $1.2 billion investment in the Vaca Muerta project, aimed at increasing oil production. This development is accompanied by renewable energy initiatives, promising significant economic impacts.

Petroperu: Financial challenges and government support crucial for the future

Petroperu, the state-owned oil company, is going through a major financial crisis, requiring urgent government support. With an alarming debt and management challenges, its future depends on effective reforms and political stability to guarantee Peru's energy security.
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Argentina increases gas exports to Brazil and Chile

Argentina is expanding its natural gas exports from Vaca Muerta to Brazil and Chile, bolstered by new transport infrastructure and increased production.

Limited increase in US LNG exports to Latin America in August

Exports of liquefied natural gas (LNG) from the United States to Latin America and the Caribbean rose slightly by 7% in August, with flows varying from country to country.

Argentina validates reforms to promote energy investment

Argentina approves incentive reforms to attract massive investment in oil and gas infrastructure, including the privatization of Enarsa and the construction of an LNG terminal.

Offshore drilling failure for Equinor in Argentina

Equinor's first offshore well in Argentina, Argerich-1, showed no clear sign of hydrocarbons. In-depth analyses will be carried out over the coming months to assess the area's potential.

New oil leak in Ecuador’s Napo River

An oil leak of undetermined extent has contaminated the Napo River, a major tributary of the Amazon, impacting local communities, according to Petroecuador.
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Gustavo Petro, the president who is ushering in an ecological revolution in Colombia

Under the presidency of Gustavo Petro, Colombia is experiencing a historic turning point in terms of energy and environmental policy. With a firm commitment to energy transition, the Petro government aims to reduce the country's dependence on fossil fuels.

Recurrent Energy and SPIC inaugurate a 446MWp solar complex in Brazil

Recurrent Energy and SPIC launch the 446 MWp Marangatu Solar Complex in Brazil, a milestone for the Brazilian energy sector.

Antarctic prospecting: Russia and the UK play down suspicions

The UK and Russia play down suspicions of oil prospecting in Antarctica, asserting the scientific nature of Russian research.
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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.

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.
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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.

Nuclear: Between Ambitions and Contrasting Realities

Nuclear power is regaining popularity in the face of the climate crisis. However, a recent report highlights the limits of its expansion, dominated by China and Russia.