The Government of Mendoza and Luján de Cuyo Municipality have put out a public tender for the first phase of the Aguas Luján Solar Park, aiming to generate a minimum 1.5 MW of photovoltaic power. The project will reduce the water extraction system’s reliance on the grid, achieving substantial annual savings and improving fiscal efficiency. […]
Quintana Energy is advancing its unconventional drilling program in Mendoza’s Cañadón Amarillo block, aiming to start shale well operations in 2026, a year earlier than originally planned. The acceleration follows completion of an extensive 3D seismic survey and ongoing collaboration with YPF to share critical drilling infrastructure, signaling an emerging new frontier in the Vaca
The U.S. Department of the Treasury’s issuance of General License 52 marks a pivotal shift in U.S.-Venezuelan energy relations, authorizing broad operations involving PDVSA and affiliated entities while maintaining key sanctions restrictions. This legal recalibration is designed to reactivate Venezuela’s oil sector by facilitating U.S. and foreign company participation under rigorous oversight, potentially adding significant
The International Monetary Fund (IMF) recognizes Argentina’s improved capacity to withstand global shocks due to its recent status as a net energy exporter. Ongoing negotiations on the second review of Argentina’s economic program emphasize structural reforms and reserve rebuilding amid heightened geopolitical and financial uncertainties. The IMF confirmed that Argentina has managed the economic impact
IMF Highlights Argentina’s Resilience Amid Middle East Conflict and Energy Export Growth Read Post »
Petrobras has exercised its pre-emptive rights to regain full control of the Tartaruga Verde and Espadarte Module III producing fields in Brazil’s Campos Basin, reversing a previous divestment decision. This transaction, valued at $450 million, aligns Petrobras with its strategic focus on portfolio management flexibility amid rising global oil prices and regional upstream developments. Petrobras
Central Puerto announced a $40 million investment to construct a large sawmill in the Santa Rosa Industrial Park, backed by the provincial Law 5470, which offers 15 years of tax exemptions. The project aligns with the national Regime of Incentive to Large Investments (RIGI) that provides 30 years of fiscal stability. Corrientes governor Juan Pablo
Axia Energia and ISA Energia finalized a strategic asset exchange valued at R$1.17 billion, resulting in the consolidation of key transmission assets and simplification of their corporate structures. The deal repositions both companies for enhanced operational efficiency and clearer control of strategic grid interconnections in northeastern and southeastern Brazil. Axia Energia announced the completion of
Colombia achieved a key energy milestone in 2025 as solar power generation overtook coal by 25%, reflecting rapid growth in solar capacity and a strategic push toward renewable energy. This trend is expected to continue as governmental policies, regulatory advances, and large-scale solar projects accelerate Colombia’s energy transition and reduce reliance on fossil fuels. In
Colombia’s Solar Power Generation Surpasses Coal for the First Time in 2025 Read Post »
Neuquén province and Cutral Co municipality formalized agreements to expand the existing solar park from 3.5 MW to approximately 30 MW. The project seeks to enhance renewable capacity and upgrade electrical infrastructure, including the installation of a new 30 MVA transformer, positioning the region as a key player in Argentina’s energy transition and supporting competitive
