NRGBriefs: UEG Araucária Fact Sheet; BW Energy Stock Trades

(Energy Analytics Institute, 11.Jul.2022) — Energy briefs including details related to UEG Araucária S.A. (UEGA), a partnership between Petrobras, Copel and Copel Geração e Transmissão.

LATIN AMERICA AND THE CARIBBEAN

Brazil

UEG Araucária S.A. (UEGA) Fact Sheet: UEGA is the result of a partnership between three important cos.: Petrobras w/ a 18.80% interest, Companhia Paranaense de Energia (Copel), w/ a 20.30% interest and Copel Geração e Transmissão w/ a 60.90% interest.

Venezuela

— A criminal gang was dismantled in Yaracuy state in Venezuela for extracting gasoline from the facilities of state-owned Petróleos de Venezuela (PDVSA), El Carabobeño reported on 11 Jul. 2022, citing Bolivarian National Armed Forces (FANB) operational commander Domingo Hernández Lárez.

EUROPE

Norway

BW Energy reported 11 Jul. 2022 on mandatory notification of trade including: Carl K. Arnet, CEO of BW Energy Limited (BWE), on 8 Jul. purchased 100,000 shares in BWE at an avg price of NOK25.4055/shr. Following this transaction Carl K. Arnet now holds 3,821,010 shares; Hilde L. Arnet, closely associated w/ Carl K. Arnet, on 8 Jul. purchased 83,676 shares in BWE at an avg price of NOK25.5890/shr. Following this transaction, Hilde K. Arnet now holds 100 000 shares.

AFRICA

South Africa

Gold Fields Limited (JSE: GFI) (NYSE: GFI) provided an update regarding the proposed acquisition of all the outstanding common shrs of Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) (LSE: AUY), including add’l info. on the quality and investment case of the combined co.

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By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.