PDVSA has entered advanced negotiations with the United States to supply significant volumes of Venezuelan crude oil, leveraging commercial schemes akin to existing partnerships with firms like Chevron. The arrangement marks a strategic shift in bilateral energy relations, with U.S. authorities poised to manage sales and revenues while positioning Venezuelan oil for market reintegration amid […]
Argentine President Javier Milei has openly backed the recent U.S. military operation in Venezuela, emphasizing its strategic objective to cut off oil supplies to socialist regimes. Despite his strong geopolitical alignment with the United States, Milei reaffirmed that Argentina will maintain its commercial ties with China, signaling the coexistence of trade interests alongside shifting political
The Brazilian market is witnessing a wave of wind energy autoproduction agreements involving major corporations and renewable developers, signaling intensified efforts toward cost reduction and sustainability. Regulatory approvals granted by Cade for several transactions underscore growing corporate commitment to renewable self-generation, with further steps pending regulatory green lights and operational commencements over the next years.
Argentina is intensifying its solar energy development through advanced research at CNEA and a significant rise in large-scale photovoltaic capacity, supported by emerging private sector projects poised to enhance the national clean energy matrix by 2027. The integration of space-grade photovoltaic technologies and expanding terrestrial solar parks marks a dual-front growth trajectory with implications for
Bogotá is set to finalize 17 key infrastructure projects in 2026, focusing on mobility enhancement across critical corridors including Avenida 68, Ciudad de Cali, and the San Cristóbal cable system. A district budget of $40.4 billion pesos prioritizes social investment and urban development, aiming to alleviate longstanding traffic bottlenecks as the city prepares expanded mass
The U.S. government convened a high-level meeting with leading global oil companies to discuss the reconstruction and operational future of Venezuela’s oil industry following the capture of Nicolás Maduro. With Chevron as the sole active operator in the country, the administration aims to attract investment while addressing legal and political uncertainties, signaling potential shifts in
The Metro de Medellín secured international carbon neutrality certification from ICONTEC, reflecting its comprehensive greenhouse gas management strategy. This recognition underscores the transit system’s commitment to continuous emission reduction and use of renewable energy over its 30 years of operation, positioning it as a leading sustainable urban transport operator in Colombia. The Metro de Medellín
Chile’s Corfo has assigned the design of a pilot platform for direct lithium extraction (EDL) from brines to the National Piloting Center (CNP), alongside ENAMI and the Chilean Nuclear Energy Commission (CCHEN). Over two years, the project aims to identify optimal locations, adapt international EDL models, and develop infrastructure to accelerate transition from traditional lithium
Colombia’s export performance in November 2025 revealed a 2.7% year-on-year contraction primarily driven by a steep 26% drop in fuels and extractives, a trend linked to lower volumes and global price pressures. Despite this, agro-industrial and manufacturing sectors demonstrated significant growth, supporting a modest 1.3% export increase for the January-November period and signaling potential resilience
