Lima, Peru — State-owned oil company Petro-Perú has announced the start of a public bidding process to select a new strategic partner to operate Lot 192, the country’s largest oil field, located in the province of Datem del Marañón, Loreto. This move follows the decision by Perú-Petro, the agency overseeing hydrocarbon resources, to recognize Petro-Perú
ALLEN, Río Negro – April 4, 2025 In a major boost for Argentina’s oil industry, energy executives inaugurated a critical expansion of the Oldelval pipeline system, significantly increasing the country’s oil export capacity. The project, completed by pipeline operator Oldelval, raised the transportation capacity from the Neuquén Basin to Bahía Blanca from 400,000 to 540,000
April 3, 2025 – Peruvian energy company Kallpa Generación S.A. has been granted two temporary concessions to carry out feasibility studies for large-scale solar power generation projects in the southern region of Moquegua, widely recognized as Peru’s top location for photovoltaic development. The Ministry of Energy and Mines (MINEM) issued Ministerial Resolution No. 437-2024-MINEM/DM, which
April 3, 2025 – Brazil continues to dominate the solar energy landscape in South America, home to the largest photovoltaic power plants in the region. With rapid adoption of renewable energy sources, Brazil significantly outpaces neighboring countries like Chile and Argentina, whose most notable recent projects—CEME1 (480 MW) and Cauchari (300 MW), respectively—are still far
By Diario El Deber Bolivia’s state-owned oil company, Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), has announced a significant shift in its role within the regional energy market. Instead of exporting its own natural gas, Bolivia will now transport 4.5 million cubic meters of Argentine gas from the Vaca Muerta field to Brazil. This move, while strengthening
La Paz, Bolivia – Bolivia is solidifying its position as a key player in regional energy integration. According to Óscar Claros Dulón, Manager of Natural Gas Export Contracts at Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), the state-owned company has engaged with at least six potential private clients interested in using Bolivia’s infrastructure to transport gas from
La Paz, Bolivia – April 2, 2025 – The President of Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Armin Dorgathen, dismissed concerns that Argentina’s Vaca Muerta shale field poses a direct competition to Bolivian natural gas in the regional market. “It is not a competitor because Bolivia has its market in Brazil, and we have it secured.
Paysandú, Uruguay – HIF Global, the company planning to establish a green hydrogen plant in Paysandú, has announced a preliminary agreement with Mabanaft, a global energy solutions provider, for the long-term purchase and sale of approximately 100,000 tons of e-methanol per year. This deal is part of HIF Global’s e-fuel production portfolio, targeting maritime and
Santiago, Chile – The Chilean Chamber of Construction (CChC) and the National Mining Society (Sonami) have formally criticized the Ministry of Environment’s draft proposal defining governance rules for the implementation of the Escazú Agreement. In a public consultation held between January 10 and February 10, both industry groups raised concerns about significant shortcomings in the
April 2, 2025 – EDP Renewables has announced plans to auction 90 wind turbines and associated equipment initially purchased for two large-scale wind projects in La Guajira, Colombia. This decision confirms the company’s withdrawal from the construction of the Alpha (212 MW) and Beta (280 MW) wind farms, which were set to be Colombia’s largest