(Energy Analytics Institute, 14.Feb.2022) — Energy briefs including Argentina’s energy transition accompanying the country’s growth process; Vista Oil & Gas, S.A.B. de C.V. (NYSE: VIST; BMV: VISTA) reporting its estimated YE:21 certified proved (P1) oil and gas reserves rising 42% YOY; and Kosmos Energy seeking to link executive compensation to sustainability goals.
LATIN AMERICA AND THE CARIBBEAN
Argentina
— Argentina’s energy transition will allow for productive development and accompany its growth process, the country’s Energy Secretariat Darío Martínez said 14.Feb.2022 in a social media post.
Ecuador
— Ecuador revealed its national development plan dubbed “Creation of Opportunities 2021-2025.” The plan is a political and administrative guideline for the design and application of public policy in Ecuador. It is valid for 4-yrs and integrates a joint vision organized around five axes: economic, social, comprehensive security, ecological and institutional transition.
Mexico
— Vista Oil & Gas, S.A.B. de C.V. (NYSE: VIST; BMV: VISTA) reported its estimated certified proved (P1) oil and gas reserves as of 31 Dec. 2021, which showed a 42% YOY rise, for a total of 181.6 MMboe, the co. said 14 Feb. 2022 in an official stmt. P1 reserves additions totaled 67.6 MMboe, implying a reserves replacement ratio of 477%. The proved oil and gas reserves in Vista’s flagship Bajada del Palo Oeste project were estimated at 155.0 MMboe
NORTH AMERICA
US
— Kosmos Energy, in a post 14 Feb. 2022 over social media, says it will link executive compensation to sustainability goals.
— The Heritage Foundation’s 2022 Index of Economic Freedom documents a worldwide decline in economic freedom, w/ the largest decline in average scores ever measured. The US is no exception: w/ declines in half of the 12 categories of economic freedom measured, the US dropped from a high of 4th place in 1995 to 25th place, its lowest ranking to date.
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By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
