Latin America is set to become a global leader in renewable energy development by the end of the decade as a slew of major solar and wind projects come online, according to independent think tank Global Energy Monitor (GEM). But the region must overcome environmental, economic and social obstacles to …
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With countries and energy companies around the world looking to accelerate their transitions towards cleaner energy resources, Latin American nations are developing plans to scale up the production, consumption and export of so-called green hydrogen, which is generated from clean energy resources. One of the most recent, high-profile developments came …
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Iran will own shares in 3 oil refineries in Venezuela and Nicaragua in return for supplying crude and equipment. Iranian Oil Minister Javad Owji signed major energy deals with authorities in Venezuela and Nicaragua during his recent visits to the two countries. The agreements signed with Venezuelan energy authorities stipulate …
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Iran’s fourth oil tanker named Faxon which carries the country’s oil products has passed through the Gibraltar Strait as western media reports claim that they are destined for Latin America, more specifically Venezuela. Faxon is the fourth Iranian tanker after Forest, Petunia and Fortune which have traversed the Mediterranean and …
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