Repsol faces a significant outstanding debt of €4.55 billion from Venezuela but is preparing to ramp up its oil production by over 50% within the next 12 months following renewed US operational authorizations. The company aims to triple its Venezuelan output in three years, leveraging improved geopolitical conditions and close collaboration with local and US […]
Paraguay experienced a significant nationwide power outage on February 18, stemming from the failure of two high-voltage transmission lines linked to the Itaipu Binational hydropower plant. Efforts to restore electricity have begun, but the combination of extreme temperatures and disrupted infrastructure signals ongoing challenges for the country’s energy and utilities sectors. On the afternoon of
Repsol has lowered its net asset exposure in Venezuela to €276 million at the end of 2025 amid improved geopolitical conditions following US military intervention and sanctions easing. The company aims to increase crude production over 50% this year with a longer-term goal to triple output within three years, capitalizing on recent US-issued licenses allowing
Repsol has reduced its equity exposure in Venezuela to €276 million as of end-2025, down from €504 million at the close of 2024. Following the U.S. government’s significant easing of sanctions and issuance of new energy sector licenses in February 2026, Repsol plans to ramp up crude production by over 50% this year. The company
Despite official claims of economic recovery, Argentina’s economy faces a fragile rebound undermined by intensified fiscal austerity and a sustained industrial slump. The government’s fiscal “equilibrium” in 2025 relies heavily on spending cuts, debt capitalizations, and a regressive tax structure, while early 2026 signals further contraction under a new exchange rate regime and sharpened wage
Colombia’s public budget execution in 2025 showed a slight improvement to 87.8%, yet investment spending remained significantly below historical averages, signaling ongoing structural constraints. The persistence of high unpaid obligations and a tightening fiscal environment in 2026 indicate continued challenges in funding critical infrastructure and growth-driving programs. Colombia’s total budget execution reached 87.8% in 2025,
Peru leads the Americas with 19 of 67 identified undeveloped copper projects, representing 28.4% of the regional total, positioning it as a key player in the global mining sector. National investment dominates with 80% of private capital originating domestically, reinforcing economic stability ahead of the World Mining Congress 2026 in Lima, where discussions will focus
Bolivia’s government has enacted exceptional measures to stabilize its fuel market and mitigate inflationary pressures by allowing state oil company YPFB and domestic refineries to import crude oil directly for processing. This strategic shift aims to increase internal fuel production capacity, optimize refinery utilization, and contain costs formerly linked to imported refined products, setting a
IFG Capital and Privatam are launching the first structured investment certificate with exposure to the Venezuelan market, focusing on energy and natural resource sectors. The vehicle is currently under construction, with regulatory and compliance approvals expected within 30 days, positioning it for future availability to institutional investors, HNWIs, and family offices. The certificate aims to
