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Peru

Enel posts 11% drop in half-year profit despite rising revenue
Italian group Enel reports net profit of €3.4bn for the first half, down from last year, while revenue rises to €40.8bn amid market volatility.
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.
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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.

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.
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.
Logo petroperu

Cepsa sells its liquefied gas division to Empresas Copec for 275 million euros

Cepsa announces the sale of its liquefied gas division in Spain and Portugal to Empresas Copec for 275 million euros, continuing its strategy of refocusing on low-carbon energies.
CESPA headquarters
SK Innovation invests in underwater carbon storage in Australia
SK Innovation takes a 20% stake in the G-15-AP project in Australia, marking a shift towards decarbonization and diversification of its energy activities.
Brazil, Chile and Argentina: Drivers of wind power growth in Latin America
Latin America will see its onshore wind capacity double to 79 GW over the next ten years, with Brazil, Chile and Argentina accounting for 81% of this regional growth, according to Wood Mackenzie.
Éolien terrestre en Amérique Latine

South America: onshore wind capacity to double in 10 years

Onshore wind capacity in South America will reach 79 GW by 2033, boosted by 40 GW of new installations, according to Wood Mackenzie.
Amérique du Sud : la capacité éolienne terrestre va doubler en 10 ans.
Phelan Green Energy invests USD 2.4 billion in green ammonia in Peru
Phelan Green Energy to invest USD 2.4 billion in Peru for a solar-powered green ammonia plant.
Phelan Green Energy investit 2,4 milliards USD dans l'ammoniac vert au Pérou.
Peru and Ecuador: Partnership on Oil Safety and Integration
The Presidents of Peru and Ecuador pledge to fight transnational crime and explore opportunities for oil cooperation, including the refining of Ecuadorian oil at Talara.
Partenariat sécuritaire et pétrolier

Luis Arce faces unprecedented fuel shortage in Bolivia

Bolivia is facing a severe crisis with a shortage of fuel and foreign currency, plunging the country into deep economic and political uncertainty.
Bolivie pénurie carburant
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.
Catastrophe environnementale au fleuve Napo
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.
Gustavo Petro transition énergétique Colombie
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