News of energy

Inflation, export duties and IMF: Silvina Batakis’ economic definitions

06-07-2022 23:00 Martín Guzmán’s successor considers that the escalation of prices is a multi-causal phenomenon and defends strong state regulation of the economy. For her, “wages must run ahead of inflation.”

Argentina's subsidy cuts mired in doubt under new minister

06-07-2022 22:14 Several analysts insist that a question mark hangs over Silvina Batakis’ commitment to spending cuts penned by Martín Guzmán and the IMF.

Brazil's Bolsonaro fires third Petrobras chief as fuel prices soar

24-05-2022 08:56 Brazilian President Jair Bolsonaro dismisses president of state oil giant Petrobras – who had been in the job for only 40 days.

Fernandez relays Latin America's ‘concern’ over Ukraine war to Macron

13-05-2022 10:45 President Alberto Fernández ends his brief tour of Europe with a warm meeting with France’s newly re-elected leader Emmanuel Macron. Russia’s invasion of Ukraine and global fall-out tops the agenda.

Game-changer? Argentina launches tender for construction of enormous gas pipeline

22-04-2022 09:40 President Alberto Fernández on Thursday launched a tender for construction of an enormous gas trunk pipeline beginning at Vaca Muerta gas field. What is the ‘Gasoducto Néstor Kirchner’ and why is it so important for Argentina?

Government launches construction tender phase of mega gas pipeline

22-04-2022 01:35 President Alberto Fernández launches tender for construction of game-changing gas trunk pipeline from the Vaca Muerta unconventional gas field in southwestern Argentina.

YPF leads emerging-market bond gains

31-03-2022 13:29 Only 14 months ago YPF was a nightmare for investors. Now, the state-run oil company is producing the best fixed-income returns in all of emerging markets.

Meat producers in Argentina turn livestock waste to energy

25-03-2022 15:33 Meat-processing firm ArreBeef is using biodigestion to deal with animal waste, striving to reduce the sector’s emissions and create electricity for the national grid.

by Jorgelina Hiba

Iran beckons top IAEA official with nuclear deal in sight

03-03-2022 13:05 Top Iranian leaders will meet on Saturday with IAEA Director General Rafael Mariano Grossi, the international official in charge of investigating their nation’s past nuclear activities.

Curbing Argentina’s US$11-billion energy bill key for new IMF deal

28-01-2022 19:18 If the IMF deal is to succeed, the government will have to unwind a politically sensitive strategy of spending billions on energy subsidies.

700,000 left without power in Argentina as temperatures soar

11-01-2022 23:12 Approximately 700,000 users across Greater Buenos Aires suffered a lengthy power cut on Tuesday as temperatures hit sweltering highs, soaring above 40 degrees Celsius.

Argentina to raise power, natural gas prices by 17% and 20% in 2022

29-12-2021 14:47 Argentina is preparing to announce hikes to household utility tariffs in 2022, with a 17 percent cap on electricity prices and 20 percent cap on natural gas prices.

'No progress' on eve of Iran nuclear talks, says UN agency

24-11-2021 16:13 Rafael Grossi, director general of the International Atomic Energy Agency (IAEA), told a quarterly meeting of the agency's board that talks he held in Tehran on Tuesday were "inconclusive" despite being "constructive."

Rafael Grossi: Climate crisis could give nuclear energy a second wind

08-11-2021 12:50 As the climate crisis deepens and the need to transition away from fossil fuels becomes more urgent, attitudes to nuclear energy may be shifting, says Rafael Mariano Grossi, the director general of the International Atomic Energy Agency

Argentina’s oil workers getting 15% wage increase in December

05-11-2021 14:09 Workers in the oil industry in Argentina will receive wage increases next month, according to a government statement.

Shell, YPF to invest US$300M at Vaca Muerta in next two years

05-11-2021 02:12 With a US$300-million investment, the companies hope to reach a production of 15,000 barrels per day by 2024 and employ 800 people.

Cheap electricity a boon for bitcoin mining in cash-strapped Venezuela

01-09-2021 12:55 In crisis-stricken Venezuela, crypto mining presents an economic opportunity for a lucky few, made possible by one of the world's lowest electricity prices.

Government advances plans to build two new nuclear power plants

21-08-2021 21:30 Argentina is advancing towards the construction of two new nuclear power plants – one with Chinese Hualong technology and another Candu reactor combining national knowhow and Canadian support.

by Ariel Stemphelet

Pause in Iran nuclear talks 'uncomfortable,' says IAEA chief Grossi

20-07-2021 11:45 Stalling of negotiations on Iranian nuclear programme until a new government takes office in Tehran puts the teams of inspectors in an "uncomfortable situation," IAEA chief Rafael Grossi.

Yields topping 14% lure investors to world’s best utility bond

14-07-2021 10:14 The world’s best performing utility bonds come from an unlikely corner of emerging markets – Argentina.