(Energy Analytics Institute, 22.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 22 Nov. 2024.
LATIN AMERICA AND THE CARIBBEAN
—Argentina: In Oct. 2024, Argentina exported $817mn in fuel and energy, accumulating $7,995mn in the first 10 mths of 2024.
—Argentina: In Oct. 2024, avg. Argentina oil production was 743,200 b/d, up 12.3% y-o-y while avg. gas production was 133.1 MMcm/d, up 5.7% y-o-y.
—Ecuador: EP PetroEcuador has reportedly uncovered 664 illegal pipeline connections.
—Mexico: Pemex general director Victor Rodríguez Padilla said the state-owned co. looks to association deals w/ the private sector.
—Mexico: The CFE claims it will not increase electricity prices in real terms.
—Mexico: Mexico looks to maintain liquids production at around 1.8 MMb/d and focus on the strategic projects Zama and Trion.
—Mexico: The admin. of Pemex will work on vertical integration within the co. during the Claudia Sheinbaum sexenio.
—Venezuela: Chevron Corp., the last remaining US co. in Venezuela, is at serious risk of losing its license to operate in the OPEC country w/ the return of US president-elect Donald Trump to The White House.
—Venezuela: Opposition leader María Corina Machado says there is no doubt that Venezuela’s disputed leader Nicolás Maduro will not cede power on 10 Jan. 2025.
ET AL.
—US: The US recognizing González Urrutia as the elected president of Venezuela will make it hard to US president-elect Donald Trump and to strike any type of deal w/ Venezuela’s president Nicolás Maduro.
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By Editors at Energy Analytics Institute. © Energy Analytics Institute (EAI). All Rights Reserved. More online at www.Energy-Analytics-Institute.org