Colbún Withdraws El Encanto Solar Project from Environmental Evaluation Process

Colbún has withdrawn its El Encanto solar and energy storage project in Chile’s O’Higgins Region following growing environmental concerns and community opposition. The decision highlights the increasing scrutiny faced by renewable energy developments in rural areas.

ExxonMobil’s 2025 Resurgence: Strategic Acquisitions, Strong Output, and Global Expansion

ExxonMobil is staging a powerful resurgence in 2025, driven by its $60B Pioneer acquisition, expanded operations in Guyana and Cyprus, and a disciplined financial strategy. With strong production growth and shareholder returns, the energy giant is back in the spotlight.