Argentina’s government has formally requested a U.S. federal court to halt the discovery process and stop a contempt motion related to the longstanding legal dispute over the 2012 expropriation of YPF. The move signals Argentina’s mounting resistance to what it describes as excessive and intrusive demands by holders of the $16 billion judgment, with significant […]
Argentina has extended its national energy emergency until December 31, 2027, due to ongoing delays in critical infrastructure projects needed to increase natural gas transportation capacity. The government plans for new infrastructure to become operational by the winter of 2027, maintaining reliance on imported liquefied natural gas (LNG) to secure supply during peak demand periods.
Argentina has authorized private companies to import and commercialize liquefied natural gas (LNG), signaling a shift from state-controlled operations toward increased privatization of the energy sector. This move coincides with the extension of the national energy emergency until December 31, 2027, designed to guarantee gas supply during peak demand periods while infrastructure improvements proceed. The
Bolivia’s state oil company YPFB maintains that its fuel products meet international quality standards despite recent accusations, as the government advances reforms to ease fuel import restrictions to address supply shortages. Market dynamics are set to evolve with the end of YPFB’s monopoly on fuel commercialization, fostering competition and potentially impacting regional pricing and distribution
Bolivia’s YPFB Defends Fuel Quality amid Market Reforms and Import Liberalization Read Post »
Petrobras announced a 5.2% reduction in the price of gasoline A sold to distributors, effective January 27, 2026, marking the first cut since October 2025. Despite this move, higher state taxes and supply chain factors are expected to limit relief for end consumers, while the diesel price remains unchanged. The adjustment reflects ongoing market pressures
Uruguay and China formalized an elevated bilateral relationship through the signing of 24 agreements alongside the establishment of a Strategic Comprehensive Partnership. Both countries committed to advancing negotiations on a bilateral free trade agreement, with Uruguay pushing for Mercosur engagement to enable broader regional trade integration. The comprehensive agreements span trade, investment, technology, education, and
Uruguay and China formalized an elevated bilateral relationship through the signing of 24 agreements alongside the establishment of a Strategic Comprehensive Partnership. Both countries committed to advancing negotiations on a bilateral free trade agreement, with Uruguay pushing for Mercosur engagement to enable broader regional trade integration. The comprehensive agreements span trade, investment, technology, education, and
Petrobras has finalized its investment decision for the development of Sergipe Águas Profundas Module 2 (SEAP II), marking a significant milestone in expanding Brazil’s offshore oil and gas frontier in the Sergipe-Alagoas Basin. The project’s execution is set to begin with FPSO contracting by mid-2026 and aims for first oil production in 2030, positioning the
Eni and Repsol are actively pursuing U.S. government licenses to resume Venezuelan crude oil exports and recover approximately $6 billion in accumulated debts as Washington signals gradual sanction easing. The evolving political landscape in Venezuela following the capture of Nicolás Maduro and the appointment of Delcy Rodríguez, combined with recent U.S. overtures encouraging investment, creates
