Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Latin America Energy Journal.

AM Best Upgrades Issuer Credit Rating of Associated Electric & Gas Insurance Services Limited
AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Associated Electric & Gas Insurance Services Limited (AEGIS)...

Veea and StarGroup Join Forces to Transform Mexico’s Digital Divide with Smart Connectivity and Entertainment Solutions
NEW YORK and MEXICO CITY, June 04, 2025 (GLOBE NEWSWIRE) -- Veea Inc. (NASDAQ: VEEA), a global innovator in edge computing and AI-driven platforms, and StarGroup, one of Mexico’s most dynamic and visionary telecommunications and entertainment...

The Government of Ghana, Tullow Oil, Kosmos Energy, PetroSA, GNPC and Explorco Sign Memorandum of Understanding to Extend Ghana Production Licenses to 2040
The Government of Ghana, Tullow Oil plc (Tullow), Kosmos Energy (NYSE/LSE: KOS), PetroSA, Ghana National Petroleum Company (GNPC) and Explorco are pleased to announce that they have entered into a Memorandum of Understanding (MOU) to extend the...

Venezuela Maintains Strong Oil Output Despite U.S. Licenses Revocations
(MENAFN) Venezuelan Vice President Delcy Rodriguez declared on Thursday that the recent U.S. move to revoke licenses granted to foreign companies operating in Venezuela has not disrupted the country’s oil production. Despite the U.S. Department of...

Merchandising Freezers Market to Reach USD 3.34 Bn by 2035, Driven by Frozen Food Demand & Energy-Efficient Technologies
Demand for merchandising freezers in the USA grows due to rising frozen food consumption, retail expansion, and increased use of energy-efficient refrigeration. NEWARK, DE, UNITED STATES, June 3, 2025 /EINPresswire.com/ -- The merchandising...

DESARN Refinaria Advances Brazil’s Energy Independence with Modular Refinery
DESARN Refinaria secures Phase 1 financing and selects BG Titan Group as EPC partner for its 50 kbpd modular refinery in Sergipe, Brazil. ARACAJU, SERGIPE, BRAZIL, June 3, 2025 /EINPresswire.com/ -- DESARN Refinaria Accelerates Brazil’s Energy...

Rare Gas Market: The Silent Backbone of Semiconductor Lithography and the Push for Neon Supply Independence
Rare gases like neon and xenon are vital for semiconductor lithography and satellite propulsion, pushing demand amid global supply chain realignments. NEWARK, DE, UNITED STATES, June 3, 2025 /EINPresswire.com/ -- The rare gas market—comprising...

Carton Service Has 4 Additional Packaging Patents To Help Customers Get to Market Faster
Packaging supplier Carton Service CSI, recently added four (4) more sustainable paperboard packaging patents to their growing list of unique technology. SHELBY, OH, UNITED STATES, June 9, 2025 /EINPresswire.com/ -- Leading CPG, food and...

Gold Reserve Announces Topping Bid by Dalinar Energy for CITGO Parent Company
Gold Reserve Ltd. (TSX.V: GRZ) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that today its Delaware subsidiary, Dalinar Energy Corporation (“Dalinar Energy”), submitted a topping bid to be selected as the Final Recommended Bid for...

Bio-based Batteries Strategic Research Report 2024-2025 & 2030: Push for Sustainable Energy Storage Accelerates R&D in Bio-Based Battery Materials - ResearchAndMarkets.com
The "Bio-based Batteries - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Bio-based Batteries was valued at US$87.9 Million in 2024 and is projected to reach US$131.6 Million by...

Grow Your IB and Affiliate Business with Axi at the 2025 Money Expo Colombia
SYDNEY, June 03, 2025 (GLOBE NEWSWIRE) -- Leading online FX and CFD broker Axi has announced that it will attend this year’s Money Expo Colombia, taking place June 25-26, 2025, in Bogota, Colombia. Event attendees will have the opportunity to...

Mounir Kabche Leads the Charge in Sustainable Innovation Across Latin America and the Caribbean
New York, NY , May 21, 2025 (GLOBE NEWSWIRE) -- Visionary investor, entrepreneur, and strategist Mounir Kabche continues to make waves in Latin America and the Caribbean with groundbreaking initiatives that blend financial acumen, clean energy,...

Cold Plunge Tub Market to Reach USD 1.92 Billion by 2035, Driven by Rising Wellness Trends and Recovery-Focused Fitness
Rising consumer demand for wellness, growing adoption of recovery-focused fitness, and increasing popularity of cold water immersion drive market growth. NEWARK, DE, UNITED STATES, June 9, 2025 /EINPresswire.com/ -- According to the latest...

Ceiling Fan Market Growth Fueled by Urbanization and Smart Homes, Forecast to Hit USD 31.6 Billion by 2035 | FMI
Increasing demand for affordable cooling, rapid urbanization, and smart home technology are driving strong growth in the global ceiling fan market. NEWARK, DE, UNITED STATES, June 9, 2025 /EINPresswire.com/ -- The global ceiling fan market is...

Citrus Oil Market to Reach USD 6.8 Billion by 2035, Driven by Natural Product Demand and Wellness Trends | FMI
The citrus oil market is witnessing strong growth driven by rising demand in food, cosmetics, and aromatherapy sectors. NEWARK, DE, UNITED STATES, June 2, 2025 /EINPresswire.com/ -- The global citrus oil market is projected to surge from USD 4.4...

PEG-40 Hydrogenated Castor Oil Market to Reach $112.9M by 2031, Driven by Cosmetics Demand | DataM Intelligence
Explore how PEG-40 Hydrogenated Castor Oil is transforming cosmetics and pharma with strong growth projected through 2031. AUSTIN, TX, UNITED STATES, June 2, 2025 /EINPresswire.com/ -- PEG-40 Hydrogenated Castor Oil market reached US$ 60.1...

Avocado Oil Market Is Booming So Rapidly | Bella Vado, Olivado, Tron Hermanos
Global Avocado Oil Market Size is valued at $602.1 Million in 2025 and is forecast to register a growth rate (CAGR) of 4.5% to reach $856.2 Million by 2034. HYDERABAD, TELANGANA, INDIA, June 2, 2025 /EINPresswire.com/ -- The latest study...

Global Oil Field Drill Bits Market to Reach USD 29 Billion by 2035, Growing at 5.0% CAGR Amid Rising E&P Activities
UK oil field drill bits market grows at 4.8% CAGR (2025–2035), driven by renewed North Sea exploration and mature offshore field lifecycle extension. NEWARK, DE, UNITED STATES, June 2, 2025 /EINPresswire.com/ -- The global oil field drill bits...

Energy Efficient Motor Market to Reach USD 151.0 billion by 2034 Amid Rising Energy Prices and Regulatory Push
Industry adopt energy-efficient motors meet stricter carbon regulations & sustainability goals, while rising energy costs drive demand for cost-saving solutions NEWARK, DE, UNITED STATES, May 30, 2025 /EINPresswire.com/ -- The global Energy...

Aura Minerals Agrees to Acquire the Mineração Serra Grande Gold Mine in Goiás, Brazil
ROAD TOWN, British Virgin Islands, June 02, 2025 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to announce that Aura, AngloGold Ashanti plc (“AngloGold”) and a wholly owned...