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Electric Vehicles
BMW to Build X5 PHEV in Brazil
Following a sales record for electrified vehicles in Brazil last year, the BMW Group is announcing local production of the BMW X5, the first premium plug-in hyb…
LNG
Venezuela and Bermuda Player in Talks Over Potential FLNG Tech Investment
Bermuda-headquartered owner and operator of LNG midstream infrastructure Golar LNG is engaged in discussions with the Venezuelan ministry regarding a potential …
Energy Storage Project
Korea Battery Makers Eye Chile Lithium Investments to Supply US
Stock image.Lithium heavyweight Chile is drawing interest from South Korean battery makers keen to develop processing plants there, the head of a government age…
Oil&Gas Drilling
Guyana Says Another "Significant Discovery" Made at Stabroek Offshore Block
An appraisal well drilled by a consortium led by Exxon Mobil in Guyana has resulted in a "significant discovery" of oil and gas, the South American country'…
Wind Farm
Argentina’s Wind Energy Sector
Argentina, the second largest country in South America, is making significant progress in harnessing the power of the winds. With its vast plains and coastal re…
Floating Solar
Largest Floating Solar Project in South America Installed at Colombia's Urrá Dam
South America's largest floating solar project has been launched at Colombia's Urrá Dam, aiming to showcase the potential of pairing floating solar wit…
Oil Exploration
Guyana to Award Oil, Gas Blocks to Indian Companies
Guyana is working with the Indian government on awarding oil and gas exploration blocks to Indian companies, Vice President Bharrat Jagdeo said.The South Americ…
World Energy Outlook
South America to Stay ‘Key Region for High-Impact Exploration’, Westwood Says in 2023 Outlook
High-impact well numbers in 2023 are expected to be in line with 2020-2022, with 75-85 high-impact wells currently anticipated to complete this year, energy mar…
Oil Refinery
Guyana Opens Tender for Its First Oil Refinery
Guyana has called for proposals to design, finance and build a 30,000-barrel-per-day (bpd) oil refinery, the first for the South American country as it becomes …
New Methane Binding Process Could End Insanely Wasteful Burn-Offs
The global oil industry wastefully burns off about as much natural gas as is used by all of Central and South America – but a new methane binding agent offers …
Brazil
Biomass Beats Wind and Solar in Brazilian Power Bids for First Time in Low-Energy Tender
Just under 1GW of renewable capacity awarded in the South American country’s latest tender, which underlined impact of weak domestic economy and low power dema…
Oil Exploration
TotalEnergies Announces Major Oil Discovery Offshore Suriname
TotalEnergies and its partner APA Corporation have made significant oil and associated gas discovery offshore one of the hottest basins for major oil finds in r…
Crude Oil
Guyana To Become The 11th Country To Produce Over 1 Million Bpd
The tiny South American nation of Guyana has emerged as the hottest offshore drilling location on the continent over the last six years.
Hydrogen Project
Multi-Megawatt Hydrogen Plant to Power French Guiana
HDF Energy, together with infrastructure fund Meridiam and the petroleum operator SARA have started construction of CEOG Renewstable® Power Plant in French Gui…
Oil&Gas Drilling
Early Mover CGX Spuds Long-Awaited Guyana Oil Well
Canadian independent CGX Energy, one of the early movers in Guyana's offshore play, spudded its first well in the South American country, 21 years after its ini…
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