(Energy Analytics Institute, Piero Stewart and Aaron Simonsky, 3.Dec.2018) — Heard on the street and other LatAmNRG briefs from OPEC’s Venezuela and Southern Cone shale gas producer Argentina.
Argentina Authorizes Two Cos. To Export Gas To Chile
(Energy Analytics Institute, Aaron Simonsky, 3.Dec.2018) — As part of the energy integration between Argentina and Chile, on November 29, Argentina’s Energy Secretariat granted authorization to Exxonmobil Exploration Argentina and Wintershall Energía SA to export natural gas to Chile through resolutions 164 / 2018 and 159/2018 published in Argentina’s Official Gazette.
Argentina, US Companies Sign LOI for $813 million
(Energy Analytics Institute, Aaron Simonsky, 1.Dec.2018) — Argentina and the U.S. signed Letters of Intent which provide for investments in Vaca Muerta, in renewable energies and in road infrastructure projects for a total of $813 million.
ExxonMobil Makes 10th Discovery, Boosts Stabroek Resource Estimate to 5 Bln Bbls
(Energy Analytics Institute, Piero Stewart, 3.Dec.2018) — ExxonMobil announced the Pluma-1 well represents the company’s 10th discovery in Guyana. As a result, more than 5 billion recoverable oil-equivalent barrels have discovered in less than four years in the small South American country.
The discovery reinforces potential for at least five floating storage, production and offloading vessels producing more than 750,000 barrels of oil per day by 2025, the company announced in an official statement.
Trinidad Energy Sector Expands 9%
(Energy Analytics Institute, Piero Stewart, 3.Dec.2018) — Growth is estimated at 2.8% y/y for Q2 2018 by the Central Bank with the energy sector expanding 9.0% supported by increased natural gas production, and non-energy activity declining 0.5%, wrote Caribbean Economist Marla Dukharan in her recently published Caribbean Monthly Economic Report.
Venezuela In 2019: Future Scenarios
(Energy Analytics Institute, Piero Stewart, 3.Dec.2018) — Participate in the special webinar titled “Venezuela in 2019: Future Scenarios,” and hear from Caracas Capital Markets Managing Partner Russ Dallen, Econanaltica Founder & CEO Alejandro Grisanti and Medley Global Advisors Emerging Markets Head Luisa Palacios.