(Energy Analytics Institute, 26.Jan.2022) — Energy briefs including Chile’s Enap planning to invest $111.2mn in its Aconcagua Refinery; Guyana’s budget speech for the fiscal year 2022 by Dr. Ashni K. Singh; an oil leak offshore Peru; and the use of carbon capture and storage (CCS) to reduce carbon emissions.
LATIN AMERICA AND THE CARIBBEAN
Chile
— Chile’s state owned Enap aims to improve the environmental management at its Aconcagua Refinery w/ an investment of $111.2mn, the co. said 26 Jan. 2022 over social media. The investments include updating the Industrial Coker Complex, including construction of the Sulfur Recovery Unit No. 4, as well as a third acid water treatment plant and investments to reduce odoriferous emissions throughout the refinery. The project will require an average of 100 workers w/ a maximum collaboration from around 300 other workers and is anticipated to span a period of 25-mths.
Guyana
— Guyana’s Honorable Dr. Ashni K. Singh, M.P. Senior Minister in the Office of the President with Responsibility for Finance presented his budget speech for the fiscal year 2022. [PDF download]
Mexico
— “The true transition requires a state policy, mobilizing resources, generating technologies and this policy is guaranteed in the constitutional reform presented by President Andrés Manuel López Obrador,” the CFE announced 26 Jan. 2022 over social media, citing General Director Manuel Bartlett.
Peru
— The Peruvian gov’t has mandated that four executives with Spain’s Repsol not be allowed to leave the country amid a recent oil leak at the co.’s Pampilla Refinery, according to reports by DW News.
NORTH AMERICA
US
— Nucor (NYSE: NUE) will host its 4Q:21 earnings call and interested parties are invited to listen in w/ host Leon Topalian, the co.’s President and CCO. The event will be available on the Internet on 27 Jan. 2022 at 2pm Eastern Time. https://www.webcaster4.com/Webcast/Page/913/44234
— Industry, including cement production, steelmaking, refining and chemical sectors, account for 25% of total energy-related CO2 emissions, Exxon said 26 Jan. 2022 over social media. Carbon capture and storage (CCS) can help capture those emissions while still providing essential products, the co. said. In the CCS process, the units first separate CO2 from other gases at the industrial facilities (or directly from the air) using different technologies and materials. Second, the captured CO2 is then compressed and transported for geological storage. Third, the CO2 is injected into deep underground rock formations, thousands of ft below for safe storage, Exxon explained.
— On 26 Jan. 2022 the BODs of Exxon declared a cash dividend of $0.88/shr on the common stock, payable on 10 Mar. 2022 to shareholders of record of common stock at the close of business on 10 Feb. 2022.
____________________
By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
