Central and South America
Colombia’s Ecopetrol renews joint venture with Occidental Petroleum in Permian basin
BOGOTA (Reuters) – Colombian energy company Ecopetrol said on Monday it has reached an agreement to renew its oil joint venture with Occidental...
Chilean miner Codelco to use recycled material for ball milling at El Teniente mine
The move is part of efforts by the world's largest copper producer to cut its greenhouse gas emissions by 25% by 2030.
Iron ore output from Brazil’s Vale slid 4.6% in fourth quarter
By Andre Romani and Marta Nogueira SAO PAULO/RIO DE JANEIRO (Reuters) -Brazilian miner Vale posted on Tuesday its highest annual iron ore production...
Argentina lifts tariffs on low-cost EVs and hybrids, cuts some auto taxes
BUENOS AIRES (Reuters) – Argentina next week will lift import tariffs on some low-cost electric and hybrid vehicles, while cutting taxes on higher-priced...
Argentina logs largest energy trade surplus in 18 years in win for Milei
BUENOS AIRES (Reuters) – Argentina logged its largest energy trade surplus in nearly two decades last year, the energy secretariat said on Tuesday,...
Brazil’s Cosan unloads stake in miner Vale
The move was "based solely on the goal of optimizing its capital structure," the Brazilian conglomerate said.
Analysis: Codelco workers fear copper production push hard to maintain
The company is targeting annual production of 1.7 million metric tons by the end of the decade.
Copper giant Peru sees economy expand for eighth straight month
Peru's GDP grew 3.93% in November 2023, marking eight months of expansion, driven by strong agriculture and fishing sectors.
JPMorgan upgrades YPF, expecting further growth for Argentine energy sector
In 2024, YPF's shares soared more than 150% amid a major rally in Argentine stocks.
Chile rejects environmental permit for Dominga copper and iron mine
Chile rejected an environmental permit for Andes Iron's controversial $2.5 billion Dominga iron and copper mining project on Wednesday.
