Energy & Resources

Chile has expanded its economy from depending on copper to improving its technological sector. It has a new Visa system for tech workers and businessmen that can bring in major investors like Amazon. However, such...
Venezuela has been having shortages in many aspects. For the past five years, basic needs like water, medicine, electricity, and food have been scarce. Hyperinflation exacerbates the situation. This results in difficulties and almost the...
Argentina gave out permits for hydrocarbon discovery in 18 regions off its southern shoreline to corporations which include, Exxon Mobil Corp, Shell Plc., Total SA, Royal Dutch, and YPF SA as declared by the government...
The US imposed monetary sanctions on Venezuela in August 2017, restraining its access to the United States commercial markets.  After that, Venezuela’s economy and oil industry collapsed. Expert Mart Weisbrot, assistant director of the Jeffrey...
Mexico’s government-owned oil company says it minimized fuel theft 79% during the first quarter, but oil production reduced and money loss continued. Tuesday’s results shown on the stock exchange indicate a net loss of 1.84...
Stringent U.S. restrictions on Iranian oil set for May are augmenting to a wealth of factors restraining global supply of heavy-medium crude, hiking prices for limited barrels, and establishing a stand-off among buyers and sellers....
On Thursday, Shell Offshore Inc. signed the agreement of sale of its non-operated share in the Caesar-Tonga project. The company has profited approximately $1 billion from the said sale.Shell Offshore Inc. is a subsidiary company...
Argentina’s economy continues to deteriorate. In 2018, the country recorded the second highest inflation rate in Latin America. The percentage was forty-seven which was worse than that of Venezuela's. The president’s administration has been reluctant...
Petroperu, a state-owned energy company will stop its operation and connection with Talara, an oil refinery for a year starting this month of November. As such, they will complete an expansion worth 5 billion as...
The Colombian energy ministry has announced proposals on the rollout of domestic PV for poorer and grid- isolated municipalities in Colombia. Interested parties have until the 3rd of April to table their recommendations for the...
Within the first 100 days in the office, Mexico’s AMLO has taken a nationalistic tone on energy. Andres Manuel Lopez- Obrador, the Mexican President, announced plans to progress forward with the construction of a new...