(Energy Analytics Institute, 1.Mar.2022) — Energy briefs including Venezuela’s President Nicolás Maduro chatting over the telephone with his Russian counterpart Vladimir Putin; Invenergy naming Mary King as Executive VP People & Culture; AmCham Guyana hosts a local content forum; PEMEX reporting a rise in oil and condensate production in 2021 vs 2022 [two PDF downloads]; and The Gas Exporting Countries Forum (GECF) publishing its Global Gas Outlook 2050 (GGO) [PDF download].
LATIN AMERICA AND THE CARIBBEAN
Argentina
— Argentine President Alberto Fernández highlighted the high levels of oil and gas production in the country and mentioned two priorities were the Law for the Promotion of Hydrocarbon Investments and the construction of the Néstor Kirchner gas pipeline, Argentina’s Energy Secretariat Darío Martínez announced 1 Mar. 2022 over Instagram.
Chile
— SQM will hold a conf. call to discuss its 4Q:21 results on 3 Mar. 2022 at 10am ET (12pm Chile time). Participant dial-in (toll free): 1-855-238-1018; participant int’l dial-in: 1-412-542-4107; webcast: https://services.choruscall.com/links/sqm220303.html
Guyana
— AmCham Guyana, through its Local Content Sub-Committee, and in collaboration with The Centre for Local Business Development (CLBD) hosted a local content discussion forum w/ the aim of providing an opportunity for dialogue, info. sharing, and constructively addressing concerns regarding the implementation of the Local Content Act 2021.
Mexico
— State-owned oil giant PEMEX reported oil and condensate production reached 1.769 MMb/d in 2021 vs 1.725 MMb/d in 2020, up 2.5% Y-O-Y, while gas production reached 4.746 Bcf/d vs 4.852 Bcf/d, respectively, down 2.2%.
Venezuela
— Venezuela’s President Nicolás Maduro announced 1 Mar. 2022 over Twitter that he held a telephone conversation w/ his Russian counterpart Vladimir Putin. During the call, Maduro ratified his country’s “condemnation of NATO’s destabilizing actions” and reiterated his “firm disposition in favor of understanding and dialogue, as a way to preserve peace.”
NORTH AMERICA
US
— Invenergy naming Mary King as Executive VP People & Culture where she will oversee Invenergy’s HR functions and look to build and develop Invenergy’s corp. and services teams at all US and int’l locations, the co. announced in an official stmt.
— Standex International Corporation (NYSE:SXI) acquired privately-held, Colorado-based Sensor Solutions for approximately $9.7mn in cash. The transaction is being financed from Standex’s existing cash balance and is expected to be slightly accretive to its earnings in its 1st yr of ownership as well as additive to consolidated free cash flow.
— enCore Energy Corp. (TSXV: EU) (OTCQB: ENCUF) filed its Annual Information Form for YE:20. The AIF can be accessed under the co.’s SEDAR profile at www.sedar.com and on the co.’s website at www.encoreuranium.com.
MIDDLE EAST
Qatar
— The Gas Exporting Countries Forum (GECF) published its Global Gas Outlook 2050 (GGO) to coincide w/ the 6th GECF Summit of Heads of State and Government, held 22 Feb. 2022, in Doha, the State of Qatar.
____________________
By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.
