(Energy Analytics Institute, 27.Sep.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 27 Sep. 2024.
—Argentina: Petronas is rumored to be pondering stepping back from Argentina LNG, the South American country’s initial LNG export project, leaving YPF alone to search for partners.
—Brazil: Petrobras is looking to import LNG cargoes as drought conditions lower hydro water levels.
—Colombia: Ecopetrol and Petrobras were forced to rename their projects offshore Colombia. “Uchuva” is now called SIRIUS, while “Tayrona” is now called GUA-OFF-0.
—Guyana: US FTC lining up to approve Chevron’s $53bn acquisition of Hess. But, Hess CEO John Hess will not join Chevron’s BODs, according to Reuters.
—Mexico: Mexico Pacific looks to take FID on Saguaro LNG Phase 1 in early-2025.
—US: Woodside Energy is not looking to build an U.S. onshore upstream business, Meg O’Neill, CEO of the Aussie co. said this wk.
—US: “North America and Australia, please be serious about providing more secure supplies of gas into the future,” ANGEA CEO Paul Everingham said on sidelines of Gastech Houston 2024.
—Suriname: Petrobras and Staatsolie Maatschappij Suriname N.V. inked a non-binding MOU aimed at assessing cooperation opportunities in the areas of E&P and CCS.
—Trinidad and Tobago: Trinidad and Tobago’s head at the Ministry of Energy and Energy Industries (MEEI), Stuart Young, is reportedly also the twin-island nation’s Acting PM.
—Venezuela: U.S. President Joe Biden continues to hear arguments and get pressure to cancel Chevron‘s permission to continue to operate in Venezuela.
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By Editors at Energy Analytics Institute. More online at www.Energy-Analytics-Institute.org
