Countries

OilGas2 M C
Oil & Gas, Politics, Venezuela

U.S. Military Actions Spotlight Venezuela’s Strategic Oil Reserves Amid Industry Collapse

U.S. government intervention and military operations against the Maduro regime have intensified Washington’s focus on reclaiming Venezuela’s vast oil reserves for American energy firms. Despite crippling infrastructure and longstanding production decline, Venezuela’s potential remains significant if foreign investment and political stability are restored. Following U.S. military operations aimed at detaining Venezuelan President Nicolás Maduro and […]

U.S. Military Actions Spotlight Venezuela’s Strategic Oil Reserves Amid Industry Collapse Read Post »

oilgas6 introspectivedsgn
Oil & Gas, Politics, Venezuela

United States Assumes Control of Venezuela Following Maduro’s Capture, Plans Major Oil Sector Overhaul

The recent U.S. military operation resulted in the capture of Venezuelan President Nicolás Maduro and his wife, who were transported to New York to face narcotrafficking charges. The U.S. government announced it will govern Venezuela temporarily to oversee a secure and orderly political transition, with significant involvement from major American oil companies poised to invest

United States Assumes Control of Venezuela Following Maduro’s Capture, Plans Major Oil Sector Overhaul Read Post »

PV2 James Smith
Argentina, Markets, Solar

Genneia Accelerates Solar Generation Capacity in Mendoza with San Rafael Park Operational Ahead of Schedule

Genneia has advanced the commercial operation of 140 MW of its 180 MW San Rafael Solar Park in Mendoza, reinforcing the province’s strategic role in Argentina’s renewable energy sector. With ongoing investments exceeding $400 million in Mendoza and plans to increase solar capacity to nearly 800 MW by 2026, Genneia is poised to maintain leadership

Genneia Accelerates Solar Generation Capacity in Mendoza with San Rafael Park Operational Ahead of Schedule Read Post »

bess2
Argentina, BESS, Markets

IFC Allocates $300 Million to Central Puerto for Hydropower Stake and Utility-Scale Battery Storage in Argentina

The International Finance Corporation (IFC) has committed $300 million to Central Puerto, supporting Argentina’s energy sector reforms by acquiring a majority stake in the Piedra del Águila hydropower plant and deploying a 150 MW battery energy storage system (BESS). This financing marks the largest utility-scale energy storage project awarded in Argentina, signaling increased private sector

IFC Allocates $300 Million to Central Puerto for Hydropower Stake and Utility-Scale Battery Storage in Argentina Read Post »

fuelc3 pixabay
Brazil, Economy, Fuels

Petrobras Cuts Aviation Kerosene Price by 9.4% Effective January 2026 Amid Brent Oil Price Decline

Petrobras has implemented a 9.4% reduction in the average sale price of aviation kerosene (QAV) to distributors starting January 1, 2026, continuing a downward pricing trend since late 2022. This move aligns with the weakening Brent crude oil prices and could ease operational costs for Brazil’s airline sector in 2026, influencing market competitiveness and cost

Petrobras Cuts Aviation Kerosene Price by 9.4% Effective January 2026 Amid Brent Oil Price Decline Read Post »

Oil1 Zbynek Burival
Brazil, Oil & Gas, Politics

Petrobras Boosts Production While Managing Regional Gas Imports and Expands Exploration Amid Regulatory Shifts

Petrobras is advancing its oil and gas production capacity domestically with the introduction of the P-78 platform in the Búzios field and expanding exploratory activities on Brazil’s northern coast. Simultaneously, it maintains critical gas import arrangements from Bolivia and Argentina to address domestic demand fluctuations and infrastructure limitations, while regulatory changes promote market competition and

Petrobras Boosts Production While Managing Regional Gas Imports and Expands Exploration Amid Regulatory Shifts Read Post »

arpol3 matheus de moraes
Argentina, Economy, Oil & Gas

Argentina Approves Moderate January 2026 Increases in Electricity and Gas Tariffs with Subsidy Focalization

Argentina’s government confirmed tariff adjustments for electricity and natural gas effective January 1, 2026, incorporating a new subsidy targeting approach. Electricity rates for Edenor and Edesur users will rise by approximately 2.3%, while natural gas prices increase marginally by 0.53% in wholesale costs, signaling continued inflation-indexed hikes amid the ongoing energy emergency. New tariff schedules

Argentina Approves Moderate January 2026 Increases in Electricity and Gas Tariffs with Subsidy Focalization Read Post »

Grid5 Karsten Wurth W
Economy, Infrastructure, Uruguay

UTE Approves 5% Price Increase for Public Electric Vehicle Charging, Plans Further Adjustments in 2026

Uruguay’s state utility UTE has authorized a 5% tariff increase for electric vehicle (EV) charging across its public network, effective with the next tariff schedule in January 2026. The company anticipates implementing additional price adjustments throughout the year to align charges with actual service costs while maintaining competitiveness against combustion engine vehicles. The Administración Nacional

UTE Approves 5% Price Increase for Public Electric Vehicle Charging, Plans Further Adjustments in 2026 Read Post »

OilGas2 M C
Economy, Oil & Gas, Venezuela

Oil Prices Edge Higher Amid Persistent Global Geopolitical Tensions and U.S. Pressure on Venezuelan Tankers

Oil prices rose for the fifth consecutive session as geopolitical risks remain elevated, supported by U.S. sanctions targeting Venezuelan oil shipments and ongoing conflict in Eastern Europe. Market participants continue to monitor developments involving potential U.S. strategic reserves using seized Venezuelan tankers, alongside the fragile status of Russia-Ukraine negotiations and Middle Eastern unrest, sustaining upward

Oil Prices Edge Higher Amid Persistent Global Geopolitical Tensions and U.S. Pressure on Venezuelan Tankers Read Post »

Scroll to Top
×