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Tag: energy

Inflation falls in June to year-and-a-half lows

Inflation falls in June to year-and-a-half lows Inflation falls in June to year-and-a-half lows

After reaching peaks of 1.25% in the first quarter of 2023, leveraged by a social conflict that was fueled by natural disastersthe inflation in Metropolitan Lima it returned to negative territory and weighed down 0.15% in June, a drop of 6.46% in its twelve-month performance from 7.89% in May. This is the lowest annualized inflation […]

Argentina begins filling a new gas pipeline, key to developing Vaca Muerta

Argentina begins filling a new gas pipeline, key to developing Vaca Muerta Argentina begins filling a new gas pipeline, key to developing Vaca Muerta

Argentina The filling of the tank began this Tuesday pipeline President Nestor Kirchner (GPNK), the key engineering work to expand production and evacuate gas from the gigantic formation of hydrocarbons unconventional from Vaca Muerta, in the southwest of the country. “What happens today, Tuesday, June 20, is the beginning of the filling, as it is […]

European Central Bank celebrates its 25th anniversary in the battle against inflation

European Central Bank celebrates its 25th anniversary in the battle against inflation European Central Bank celebrates its 25th anniversary in the battle against inflation

In the middle of the battle against inflationhe European Central Bank (ECB) This Wednesday celebrates its first quarter of a century of an existence marked by the crises that forced it to extend its field of action. Some 200 guests are expected tonight in the steel and glass tower of the monetary institution located on […]

Crude oil rises but registers weekly loss due to economic uncertainty

Crude oil rises but registers weekly loss due to economic uncertainty Crude oil rises but registers weekly loss due to economic uncertainty

The prices of Petroleum rose on Friday on strong economic data from the Euro zone and Great Britain, but ended the week with a drop weighed down by the economic uncertainty and the expectations of increases in interest rates. Brent futures for June delivery rose 56 cents to $81.66 a barrel. West Texas Intermediate (WTI) […]

The fuel crisis in Cuba is 2 weeks old and without a close solution

The fuel crisis in Cuba is 2 weeks old and without a close solution The fuel crisis in Cuba is 2 weeks old and without a close solution

The fuel crisis in Cuba It has been two weeks without the outlook moving one iota: long lines at gas stations, especially in the capital, waiting for the precious fuel that does not arrive And it doesn’t look like it will anytime soon. While it is true that the shortage of gasoline in Cuba, a […]

Peru facing the challenge of finding its own route towards the energy transition

Peru facing the challenge of finding its own route towards the energy transition Peru facing the challenge of finding its own route towards the energy transition

Peru, like the rest of the planet, must address the challenge of the energy transition in the coming decades, a challenge in which it will have to find its own path and in which the natural gasabundant in the country, could still play an important role, according to several experts. The Sustainable Development Goals (SDGs) […]

Dow plans 2,000 cuts after rising energy costs in Europe

Dow plans 2,000 cuts after rising energy costs in Europe Dow plans 2,000 cuts after rising energy costs in Europe

The company announced that it will close certain operations, “particularly in Europe”in response to these challenges. Dow will also be reducing purchases of raw materials and looking to reduce logistics and utility costs, according to a statement sent Thursday. The maker of plastics, chemicals and agricultural products cited macroeconomic challenges as well as higher energy […]

Which is nuclear fusion? Science and a new milestone explained

Which is nuclear fusion? Science and a new milestone explained Which is nuclear fusion?  Science and a new milestone explained

American scientists have made a breakthrough in the field of nuclear fusionA: a “net gain of Energy” which represents a step forward towards a cleaner energy future. In a laser fusion experiment, scientists at California’s Lawrence Livermore National Laboratory were able to produce more energy than the reaction consumed: a net gain of 1.5 megajoules […]

Losses of US$335 million if for Camisea

Losses of US$335 million if for Camisea Losses of US$335 million if for Camisea

shirt It is the main source of energy in Peru. It is not only responsible for providing natural gas through pipelines to Lima (48% of the GDP country) and Ica, as well as to seven other regions by tanker truck, but it accounts for almost 40% of the national electricity generation and collects US$2.5 million […]

Speculation is installed in faucets across the country

Speculation is installed in faucets across the country Speculation is installed in faucets across the country

As expected, since this week the prices of oil-derived fuels have risen in Peru, dragged down by the war that Eastern Europe is facing. While at the faucet Petroperu from Los Olivos, gasohol 90 went from S/ 15.50 last week to S/ 18.67 this Friday, in southern regions, such as Arequipa, it could exceed S/ […]

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