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Guyana oil output forecast to jump 60% this year

A government report also reveals that the 165MW Amaila Falls hydro project is "under active consideration."

Business News Americas
04 Sep 2024

Intracampos I block testing phase provides an average of 9,600 barrels of crude oil

Currently, activities are being carried out in six of the seven blocks tendered, which are located in the north-central part of the Oriente basin.

Business News Americas
04 Sep 2024

Bidding resumes to optimize operation of Peru’s biggest power plant

State hydroelectric producer Electroperú issued a second call for bids to optimize production at the 1GW Mantaro complex, the country’s largest power generator.

Business News Americas
04 Sep 2024

Brazil expected to receive US$3.3bn in O&G exploration investments by end-2027

Nearly 90% of the capex is earmarked for well drilling, according to a report produced by oil and gas regulator ANP.

Business News Americas
04 Sep 2024

Energy Chamber views bpTT’s divestment to Perenco as a positive development

In a mature oil and gas province like T&T it is important to have a good mix of different upstream operator companies

Business News Americas
04 Sep 2024

Roundup: Guanajuato Silver, Minera Alamos, Bear Creek

Three Canadian mining companies provide updates on operations in Mexico.

Business News Americas
04 Sep 2024

Brazil to invest US$140mn in Rio de Janeiro airport, port works

Half of the amount will be invested in Santos Dumont airport and half in Rio de Janeiro port.

Business News Americas
04 Sep 2024

Enacom facilitated the blocking of more than a thousand illegal betting websites

In order to prevent and combat child gambling addiction, the National Communications Agency (ENACOM), which reports to the Office of the Chief of Staff of the Nation, has already facilitated the block

Business News Americas
04 Sep 2024

Ecuador launches international public tender for the Ecuador-Peru 500 kV electrical interconnection system

86% of the financing will come from the Inter-American Development Bank -IDB- (43%) and the European Investment Bank -EIB- (43%).

Business News Americas
04 Sep 2024

EIB mulls US$100mn Colombia green energy loan

The proposed financing is subject to an analysis of local lender Bancolombia's "capacity and procedures."

Business News Americas
04 Sep 2024

ICC Global and ICC México ask Congress to be cautious regarding Judicial Reform due to possible international consequences

The World Business Organization calls on countries to avoid exacerbating the risk of violations of international law and, therefore, possible economic sanctions against the country.

Business News Americas
04 Sep 2024

Average natural gas output for 2024 is projected to increase

Gas production for the month of June 2024 was impacted by the conduct of maintenance activities

Business News Americas
04 Sep 2024

Sales of urea produced by YPFB reach 40,515 tons

The department of Santa Cruz, known as the agricultural heart of Bolivia, absorbs 63% of this vital fertilizer.

Business News Americas
04 Sep 2024

INDE leads meeting to form the Water Cabinet

This initiative will work on strategies that seek the protection of Guatemalan rivers and lakes.

Business News Americas
04 Sep 2024

bp to divest mature gas fields to Perenco as part of refocusing bp Trinidad and Tobago gas business

Perenco to embark on ambitious investment plan to unlock additional gas reserves and increase production potential of fields

Business News Americas
04 Sep 2024

Colombia evaluates construction of a new flat steel plant

The president of the ANM, Álvaro Pardo, highlighted the importance of this project for the economic development of the country: “The construction of a new steel mill in Colombia will allow us to forma

Business News Americas
04 Sep 2024

Vivo obtains license to operate as a credit fintech

The company gains flexibility to create services and increases the efficiency of its fintech operation.

Business News Americas
02 Sep 2024

Indian firm bidding for Petrobras FPSO

The Barracuda and Caratinga production unit is scheduled to commence operations in 2028.

Business News Americas
02 Sep 2024

Procurement being structured for Ecuador-Peru power link

The calls for bids will be for the Ecuador side of the 500kV interconnection.

Business News Americas
02 Sep 2024

CSN to invest US$530mn in cement and limestone operations

The company plans to build production facilities in Brazil's Paraná state.

Business News Americas
02 Sep 2024

TriStar Gold secures preliminary license for Brazil project

The gold project license was obtained from Pará state’s environment department.

Business News Americas
02 Sep 2024

YPFB reaches 70% completion of domestic gas installations in Bolivia

"We are encouraging the growth of domestic gas consumption."

Business News Americas
02 Sep 2024

MPC Capital expands renewables portfolio with 43 MW solar PV project

MPC Capital has successfully brought the Monte Plata II solar park in the Dominican Republic into operation.

Business News Americas
02 Sep 2024

Enami assesses partners for US$1.5bn Salares Altoandinos lithium project

Given its precarious financial situation, the Chilean state miner will need a partner to provide financing.

Business News Americas
02 Sep 2024

Chile re-auctions US$100mn in grid projects, updates schedule for US$300mn process

A third auction process of 2024 is moving forward as officials set a November deadline for bids corresponding to the second.

Business News Americas
02 Sep 2024
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