News of energy

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.

China’s state grid makes a US$3-billion push into Latin America

13-11-2020 13:53 State Grid Corp of China will pay 2.57 billion euros for an electricity network company in Chile, its first overseas deal in almost a year and a move that resumes its expansion abroad.

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.

YPF shifts focus to strengthening finances as debt payments loom

13-05-2020 14:52 State oil and gas company's new CEO tells investors that company will go "back to basics" and cut costs to combat the current 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.

Air pollution global cost estimated at US$2.9 trillion a year

12-02-2020 12:25 Centre for Research on Energy and Clean Air (CREA) and Greenpeace Southeast Asia’s report shows that air pollution caused by fossil fuels cost US$8 billion a day, or roughly 3.3% of the entire world's economic output.

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

Uncertainty after Fernández orders YPF to halt rise in petrol prices

03-01-2020 07:00 President’s decision to order the YPF state oil company to halt a five percent increase in petrol prices creates uncertainty among producers and suppliers.

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

Government's fuel prize freeze ends with 5% hike

14-11-2019 15:42 Formal end of the 90-day fuel price freeze, imposed in wake of Macri's PASO defeat arrives, with prices rising from today by a five percent rise on average.

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.

Ciimate change: An unstoppable movement takes hold

19-10-2019 09:17 On the eve of the September UN Climate Action Summit, young women and men around the world mobilised by the millions and told global leaders: “You are failing us.”

by UN Secretary General António Guterres

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.

New dawns and tightropes: The IAEA and Argentina

28-09-2019 04:05 The vastly experienced Rafael Mariano Grossi, 58, Argentina’s ambassador to the IAEA who has held senior disarmament posts since 1997, is backed by the Americas from top to bottom. Respected by China, he also enjoys support from the Commonwealth countries and even some Europeans.

by Michael Soltys

YPF pursues US$5-billion LNG project, despite political havoc

05-09-2019 07:00 Argentina’s state-run oil company is pressing on with plans despite financial and political chaos.

Utility stocks face gloomy outlook as downgrades mount

14-08-2019 09:55 Outlook for Argentina’s energy companies has worsened after primary election results raise concerns about the return of more intervention in utility prices.

Vaca Muerta finally produces oil, a century after its discovery

06-07-2019 09:06 Obstacles have long prevented the exploitation of Vaca Muerta, Argentina’s famed shale formation in Neuquén. But now, the dead cow is coming to life.

Government blames firm's 'faulty reprogramming' for June 16 black-out

04-07-2019 18:27 "The Argentine electrical system is robust, [but] a chain of failures led to collapse," Lopetegui said as he faced questioning over the unprecedented shutdown.

Macri gov't officials left scratching heads after historic blackout

17-06-2019 09:42 Energy Secretary Gusavo Lopetegui: 'We still have no information about what happened'.

Bolsonaro and Macri boost ties as election looms

08-06-2019 10:56 Outspoken Brazilian leader pays first visit to Argentina, with EU-Mercosur deal and common currency on the agenda.