Peru is enduring a critical energy shortage following a major disruption in the Camisea natural gas transportation system. Government intervention through rationing and emergency supply measures aims to stabilize the market, but sustained pressure on LPG, gasoline, and diesel prices alongside extended consumer wait times is expected to impact industrial and household sectors through mid-March. […]
Argentina is positioning itself as a strategic player in global energy and mining markets, emphasizing its uranium and copper resources during Argentina Week in New York. The provinces of Chubut and San Juan presented robust cases for investment in critical raw materials tied to global energy transition and security. Concurrently, the national nuclear sector showcased
Argentina Week, organized by President Javier Milei’s administration in New York from March 9 to 12, showcased Argentina as a prime destination for international investments, particularly in oil, mining, and agriculture. The event included participation from 11 provincial governors and attracted global players such as JP Morgan, Bank of America, Rio Tinto, and First Quantum
Aggreko is advancing multiple energy generation projects in Peru, including a 19 MW thermal installation in Chao and a hybrid solar-plus-battery storage initiative in the Peruvian Amazon, scheduled to launch in 2027. These efforts align with broader national plans deploying nearly $1 billion for electrical transmission improvements and a push towards renewable energy, although challenges
Chile has released the updated National Green Hydrogen Strategy for 2026-2030, outlining critical priorities to strengthen domestic demand, accelerate exports, and enhance sector governance. The updated framework emphasizes public-private collaboration and aims to position Chile as a leading global supplier of green hydrogen, supporting the country’s decarbonization, energy security, and regional economic growth goals. The
Governors Rolando Figueroa of Neuquén and Maximiliano Pullaro of Santa Fe signed a strategic cooperation agreement aimed at increasing the participation of Santa Fe’s small and medium industrial companies in Neuquén’s hydrocarbon sector centered on Vaca Muerta. The pact signals a coordinated industrial and technological integration effort expected to expand supplier networks and promote regional
Chinese lithium producer Ganfeng Lithium has formally submitted a new request to join Argentina’s Large Investment Incentive Regime (RIGI) for its Pozuelos-Pastos Grandes (PPG) project, proposing an investment of approximately $3 billion. The initiative aims to integrate three projects into a single operational structure targeting an annual production capacity exceeding 150,000 tonnes of lithium carbonate
Pecom, led by the Pérez Companc family, is accelerating its re-entry into Argentina’s conventional oil sector through the acquisition of the Manantiales Behr oilfield. Backed by a $150 million capital injection, Pecom aims to increase production in Chubut and capitalize on mature fields divested by YPF amid a strategic shift towards unconventional shale development in
Southern Energy and Securing Energy for Europe (SEFE) formalized an eight-year agreement for the export of 2 million tons of liquefied natural gas (LNG) annually from Argentina’s Vaca Muerta. Operations are slated to begin by late 2027 with the commissioning of the “Hilli Episeyo” liquefaction vessel in Golfo San Matías, Río Negro, marking a significant
