(Energy Analytics Institute, 4.May.2021) — Energy briefs from the Latin America and Caribbean region including: IPD Latin America’s Managing Director David Voght on US’ sanctions on Venezuela and bp’s CEO Bernard Looney on the company’s evolution from an IOC to an IEC.
IPD’s David Voght On US’ Sanctions On Venezuela
“The review of License 8G represents an opportunity to assess the collateral impact of sanctions vs. original objectives,” IPD Latin America’s Managing Director David Voght announced 4 May 2021 on social media. “Solutions to the complex political situation in Venezuela may not be achieved overnight, but adjustments to the sanctions regime, especially given evidence of policy stagnation and even counter productivity, are well worth careful consideration,” he added.
bp: From IOC To IEC
bp’s Chief Executive Officer (CEO) Bernard Looney described the company’s new strategy, investor proposition, and transformation from an international oil company (IOC), focused on producing resources, to an integrated energy company (IEC), was focused on delivering solutions for customers.
____________________
By Aaron Simonsky. © Energy Analytics Institute (EAI). All Rights Reserved.
