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 […]
Argentina’s installed photovoltaic (PV) capacity approaches 2.5 GW, driven primarily by projects in the Cuyo and Northwest (NOA) regions. The country’s renewable energy sector is expanding steadily, supported by long-term PPAs, declining solar technology costs, and emerging distributed generation, positioning solar as a pillar of Argentina’s energy transition through 2030 despite ongoing macroeconomic and infrastructural
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
Argentina is advancing the construction of the largest gas fractionation plant in the country within the Argentina LNG project in Río Negro. This facility will significantly boost the region’s industrial profile by processing associated liquids from Vaca Muerta gas fields, capturing higher value components like propane, butane, and natural gasoline. The plant is designed for
Argentina’s government has extended the deadline for companies to join the Large Investment Incentive Regime (RIGI) by one year to July 8, 2027, broadening eligibility and clarifying benefits in the hydrocarbons and technology sectors. The amendment aims to attract large-scale capital-intensive projects, particularly in inshore hydrocarbons and technologically advanced products, while offering enhanced fiscal incentives
Peru is accelerating its energy transition through a diversified energy matrix and reinforced commitments to reduce greenhouse gas emissions by 2030. Strategic modernization of the electricity grid and growing renewable capacity position Peru to enhance energy security and sustainability amid regional and global climate ambitions. Peru’s electric energy matrix remains distinguished by a balance between
Peru Advances Energy Transition with Diversified Matrix and Strong Climate Commitments Read Post »
Ecopetrol and Interconexión Eléctrica (ISA) have formed a partnership to create a fund dedicated to financing renewable energy projects in Colombia, aimed at closing energy gaps and promoting sustainable development. Initial efforts focus on solar photovoltaic installations in university campuses, with expectations to drive further investment and social impact through replicable and measurable initiatives. Ecopetrol
Ecopetrol and ISA Launch Renewable Energy Fund to Support Colombia’s Energy Transition Read Post »
The U.S. Department of the Treasury has issued a new license authorizing the French oil company Maurel & Prom to operate in Venezuela, joining Chevron, BP, Eni, Shell, and Repsol. This development signals increasing openness of the Venezuelan oil sector to international firms, supported by updated legal frameworks and closer U.S.-Venezuelan energy dialogue. Market participants
US Secretary of Energy Chris Wright reported substantial improvements in Venezuela’s security environment, political reforms, and media openness within the past six weeks. Following his official visit to Caracas, Wright signaled a shift towards more constructive bilateral engagement, focusing on enabling long-term energy agreements and facilitating investment in Venezuela’s oil sector. Chris Wright’s recent visit
