Following an unfavorable ruling in New York courts, litigation funder Burford Capital has formally notified Argentina of its intention to pursue arbitration at the World Bank’s International Centre for Settlement of Investment Disputes over the 2012 YPF expropriation. The move represents a strategic pivot after the U.S. Court of Appeals reversed a judgment that would […]
Fuel distributor associations in Bolivia’s three main departments declared states of emergency as diesel shortages entering their second week prompted volume reductions up to 70 percent and multi-day queues at service stations. The crisis coincides with leadership changes at state oil company YPFB and threatens disruptions to agricultural operations during peak harvest season. Legal action
The European Union delegation in Venezuela has opened a €8.9 million competitive funding round targeting local civil society organizations for projects in circular economy and essential service provision. The initiative represents a significant international funding opportunity for Venezuelan NGOs operating under restrictive domestic regulations that have constrained their activities since 2024. The European Union delegation
Electric vehicle adoption across Latin America and the Caribbean is generating US$3 million in daily savings—approximately US$1 billion annually—as fuel prices climb due to global geopolitical tensions, according to the Latin American and Caribbean Energy Organization (OLACDE). Chile leads the regional transition, accounting for over US$379,000 in daily savings through its expanding electric bus and
The IMF’s latest World Economic Outlook highlights Argentina among oil-producing nations gaining from elevated energy prices driven by Middle East conflict, though the institution warns of inflationary consequences across the Americas. Conflicting growth projections in recent IMF communications—ranging from 3.5% to 4% for 2026—reflect the volatility of commodity-dependent economies amid geopolitical disruption. Argentina has been
Regional energy security concerns intensify as geopolitical tensions expose Latin America’s vulnerability to Middle Eastern supply disruptions, even as Colombia and Argentina advance major domestic gas discoveries that could reshape the subcontinent’s import dependency over the next decade. The conflict between the United States, Israel and Iran that began February 28, 2026 according to Reuters
The integration of CNOOC into Brazil’s pre-salt gas infrastructure marks a shift in South American gas market dynamics as Bolivia faces declining export capacity and Argentina prioritizes Vaca Muerta development. The move aligns with Petrobras’ 2019 commitments to Brazil’s antitrust authority while establishing new export routes that could reshape regional gas flows. CNOOC Petroleum Brasil
Chile’s geological service Sernageomin has formalized cooperation with German research institutions under the BRIDGE initiative to develop low-impact extraction technologies for critical minerals from northern salt flats. The project combines field research in three strategic basins with equipment donations and technical knowledge transfer, positioning Chile to advance sustainable mining methods for lithium and other elements
Paraguay’s state utility ANDE and the International Atomic Energy Agency have formalized a non-binding technical cooperation agreement to assess small modular reactor technology as part of the country’s 2050 energy policy diversification strategy. The framework establishes capacity-building and knowledge exchange mechanisms without creating immediate legal or financial obligations, while Asunción hosts a regional week-long conference
