Peru aims to increase its copper output to 2.8 million metric tonnes fine (TMF) in 2026, supported by eight new mining projects with combined investments exceeding $7.6 billion. The strategic emphasis on exploration and production growth seeks to maintain Peru’s position as the world’s second-largest copper producer amid rising global demand and regional competition. Peru’s […]
Venezuela’s acting president, Delcy Rodríguez, and Colombian President Gustavo Petro have committed to holding a forthcoming high-level bilateral summit aimed at advancing cooperation on economic, energy, and security issues. This diplomatic engagement marks a significant step in reestablishing state-to-state relations following the U.S. military operation that resulted in Nicolás Maduro’s capture and sets the stage
The legal conflict over Argentina’s expropriation of YPF advances as U.S. Judge Loretta Preska denies Argentina’s bid to suspend the discovery process aimed at identifying attachable state assets abroad. The government plans to appeal this decision amid escalating pressure from Burford Capital to enforce the $16.1 billion judgment plus interest, with significant financial exposure hinging
China’s SpaceSail has received regulatory approval from Brazil’s Anatel to operate up to 324 low Earth orbit (LEO) satellites, positioning it as a direct competitor to SpaceX’s Starlink in the Brazilian satellite broadband market. The company plans to begin commercial operations within two years, targeting underserved remote and rural areas, signaling intensified competition and strategic
The Bolivian government has reached a pivotal agreement with civic leaders in Beni to address ongoing fuel shortages and quality concerns, signaling structural changes in regional fuel distribution. Implementation of these agreements, including the creation of a local fuel distributor and enhanced oversight, will be critical to restoring confidence and stabilizing supply dynamics in the
Bolivia’s government has activated an exceptional crude oil import policy under Supreme Decree 5548 to mitigate acute gasoline and diesel shortages. The strategic move aims to optimize refinery operations, reduce import costs by processing crude domestically, and stabilize fuel supply chains amid rising logistical constraints and market demands. The Bolivian executive branch authorized Yacimientos Petrolíferos
Ecuador’s Mazar reservoir achieved its technical maximum water level in early February 2026 following a period of sustained heavy rains, significantly strengthening the nation’s hydroelectric capacity amid a traditionally dry season. This development ensures increased energy security even after Ecuador ceased electricity imports from Colombia, with implications for national power system resilience and future dry-season
The Ministry of Energy and Mines (MINEM) of Peru is advancing significant electricity infrastructure projects in the Arequipa region to enhance grid reliability and rural electrification. Key initiatives include a 138 kV transmission line and substation in Islay, rural electrification in Caravelí, and modernization of electrical networks in historical city centers, collectively aimed at closing
Antel is advancing its digital infrastructure by establishing a new data center specialized in artificial intelligence within its Pando facilities, committed to becoming the foundational AI infrastructure provider for the Uruguayan state. Alongside this, the company plans a second data center in Montevideo aimed at increasing storage capacity and ensuring geographic redundancy, while also pursuing
