HOUSTON, TEXAS (Energy Analytics Institute, 31.Dec.2024) â Energy briefs as well as others related to finance and projects during Dec. 2024 including Venture Global filing for IPO; Rio Tinto approving $2.5bn to expand the Rincon project in Argentina; ExxonMobil, with the announcement of the Hammerhead and Longtail projects offshore Guyana, looking to take the total number of developments in Stabroek to 8 by 2030; APA Corporation declaring a regular cash dividend; Canadian Natural Resources Limited (CNRL) completing the acquisition of Chevron Canada Limited‘s Alberta assets; Saudi Investment Recycling Company (SIRC) inking a Joint Development and Cost Sharing Agreement (JDCSA) with Aramco and TotalEnergies to assess the development of a sustainable aviation fuels (SAF) production unit in the Kingdom of Saudi Arabia; and more.
LATIN AMERICA AND THE CARIBBEAN
Argentina
— Argentina inaugurated the Mercedes-Cardales gas pipeline w/ the addition of a new compressor plant. This will allow the pipeline to boost its transport capacity of Vaca Muerta gas by 6 MMcm/d and save $2.5mn that would have been used to import gas, Argentina’s Energy Secretariat said 20 Dec. 2024 in a post of social media.