Tag: energy

Peru is at risk of having expensive electricity rates

Peru is at risk of having expensive electricity rates Peru is at risk of having expensive electricity rates

He light bill It is not the same. A year ago, a user paid S/ 100, now they pay double. This increase is attributed to the exchange rate and the prices of natural gas and diesel, to which the rate is indexed. If these variables move rates also, up or down. The former vice minister […]

Intermittent gas supply in Venezuela, an unresolved failure

Intermittent gas supply in Venezuela, an unresolved failure Intermittent gas supply in Venezuela, an unresolved failure

In various areas of Venezuela -the country with the eighth gas reserves in the world-, the gas supply for domestic use is intermittent, despite the fact that the three months that the president Nicolas Maduro He gave his officials to solve the “serious” problems that have been dragging on for years in this service. Last […]

G20 ministerial meeting ends without plan to reduce fossil fuels

G20 ministerial meeting ends without plan to reduce fossil fuels G20 ministerial meeting ends without plan to reduce fossil fuels

The meeting in India of the energy ministers of the G20 ended this Saturday without being able to draw up an action plan for the progressive reduction of the use of fossil energies (oil, gas and coal). The final declaration of this meeting in Goa of the main advanced and emerging powers does not even […]

Clean energies, the “zero carbon” route in Galapagos

Clean energies, the “zero carbon” route in Galapagos Clean energies, the “zero carbon” route in Galapagos

A matrix composed entirely of renewable energya transport free of fossil fuels, sustainable buildings and a rethinking of the relationship between water, energy and meal (WEF) are the foundations of the roadmap for the energy transition of the Galapagos Islands (Ecuador) proposed by scientists and academics gathered in the Ecuadorian archipelago. The summary of the […]

Latin American oil and gas production rises 9% since the Ukraine war

Latin American oil and gas production rises 9% since the Ukraine war Latin American oil and gas production rises 9% since the Ukraine war

The energy crisis caused by the Russian invasion of Ukraine is boosting both production and sales oil exports and gas in the countries of Latin America and the Caribbeanwith increases of up to 9% on average since February 2022. This was stated this Thursday by the executive secretary of the Association of Oil, Gas and […]

Costa Rica: country with the lowest inflation in the OECD, seven times below the average

Costa Rica: country with the lowest inflation in the OECD, seven times below the average Costa Rica: country with the lowest inflation in the OECD, seven times below the average

Costa Rica was the country of the OECD with the year-on-year rate of inflation lower, 0.9% compared to 6.5% on average, and this in a general context of slowdown in prices, marked above all by the fall in energy prices. Inflation in Costa Rica fell significantly in May, after the 2.4% in April, thus becoming […]

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) […]

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