News of energy

UN report: Human role in global warming overwhelming and ‘unequivocal’

13-08-2021 22:46 Climate scientists reach ‘unequivocal’ consensus on human-made warming in landmark IPCC report.

Toyota-Panasonic battery venture slashes costs to take on China

21-07-2021 14:53 Materials alone make up 60 percent of the cost of an EV battery and about half of that comes from resources like lithium and cobalt. Finding ways to reduce those expenses is proving increasingly important as surging demand for electric vehicles sends raw materials prices soaring.

Vaca Muerta awakes to reach record production levels

15-06-2021 16:32 Vaca Muerta shale mega-deposit reached historic levels of activity last month, according to a new report.

Chile inaugurates Latin America's first thermosolar plant

11-06-2021 00:55 Chile inaugurated Cerro Dominador, Latin America's first-ever thermosolar energy plant, as a step in the country's quest for carbon-neutrality by 2050.

Frente de Todos at odds over future of energy official

01-05-2021 00:16 Rumours sweep through political circles speculating that Economy Minister Martín Guzmán is seeking removal of energy undersecretary. Kirchnerite officials aggressively deny claims that Federico Basualdo has resigned his post.

Oil giant Petrobras sheds US$19 billion in value over two days

22-02-2021 20:45 A sell-off in Brazil’s state-controlled oil firm Petrobras picked up on Monday after a group of analysts downgraded the stock within 24 hours, following Jair Bolsonaro's decision to replace the company’s chief executive officer.

YPF to sell flagship office tower to keep shale dream alive

07-01-2021 15:52 YPF SA plans to sell its iconic office tower in Puerto Madero, which could bring in some US$400 million.

Dozens of nations miss deadline to boost climate ambition

05-01-2021 11:09 More than half the world's nations failed to submit upgraded commitments by year's end to reduce their greenhouse gas emissions, straggling behind the schedule of accelerated climate ambitions set out in the Paris Agreement.

YPF posts US$1.1 billion loss for second quarter

11-08-2020 22:11 State oil company confirms losses totalling 85 billion pesos (US$ 1.105 billion) in the second quarter of the year.

Moon-shot bets on junk power bond in Argentina bring a windfall

22-07-2020 11:57 Amid a minefield of underperforming and already defaulted debt, notes from power producer MSU Energy are outshining all others.

Shale driller Vista Oil & Gas cuts executive salaries amid hopes of rebound

01-05-2020 12:53 Vista Oil & Gas, a model of the independent drillers in Argentina's burgeoning shale fields, has cut compensation for senior management by 40 percent while trying to overcome the oil crisis.

Coronavirus is starting to slow the solar energy revolution

27-02-2020 15:03 The coronavirus outbreak is threatening to slow the global solar-energy revolution as it cuts the supply of key equipment for solar and wind farms in China and beyond.

New legislation for Vaca Muerta on way, Nielsen confirms

25-01-2020 09:49 YPF chairman floats idea of gas pipeline to Brazil, as he appeals for investment in Argentina’s giant formation at World Economic Forum. Unions, business leaders agree to halt 1,800 lay-offs.

Latin America’s trash brims with hidden cash

24-01-2020 13:42 "Where there’s waste, there’s also opportunity. Latin Americans, belatedly, seem to be catching on," writes Marc Margolis.

by Mac Margolis

At least 5 killed in fire at La Esperanza sugar refinery

21-11-2019 19:04 Provincial authorities in Jujuy declare two days of mourning after fatalities. Five other people were treated for severe burns.

Vaca Muerta waits for Alberto’s calling

16-11-2019 10:00 Vaca Muerta is no longer a dream, but by no means is it the only solution to Argentina’s chronic economic problems.

by Agustino Fontevecchia

Alberto Fernández planning US trip to visit Trump, oil majors

04-11-2019 15:20 Spokespeople for the Frente de Todos leader confirm president-elect intends to visit the US after his assumption on December 10, for a trip that would include a meeting with Donald Trump and a stop in Houston, Texas.

Iran says it hopes new UN nuclear chief Grossi will act 'neutrally'

31-10-2019 10:04 Just a day after his election, Tehran begins to apply pressure on Rafael Grossi, the veteran Argentine diplomat who has been tasked with leading the International Atomic Energy Agency.

How can Argentina achieve sustainable economic growth?

18-10-2019 23:09 Ambassadors from four Nordic countries — Denmark, Finland, Norway and Sweden — gathered with business executives and government officials Friday to discuss how Argentina can achieve the lofty goals set by the United Nations on sustainable development.

Energy companies would likely bear cost of Fernández’s utilities shift

01-10-2019 16:29 Energy companies would likely be made to pay for Alberto Fernández’s move to slow hikes in electricity and natural gas prices.