BUENOS AIRES, ARGENTINA (Bloomberg, 2.Jul.2022, Words: 683) — Argentine Economy Minister Martin Guzman resigned Saturday, marking the biggest departure of President Alberto Fernandez’s government after infighting within the ruling coalition escalated. Guzman announced his decision in a seven-page letter published on Twitter. No replacement was immediately announced. The minister had come under […]
Tag: Martin Guzman
NRGBriefs: Argentina’s Econ. Minister Resigns; Colombia’s New Environmental Minister
(Energy Analytics Institute, 2.Jul.2022) — Energy and economic briefs including Argentina’s Economic Minister Martín Guzmán resigning from his position on 2 July 2022, according to a letter he posted on his Twitter account; Colombia’s president-elect Gustavo Petro appointing Susana Muhamad, an environmental activist, to head the country’s new Environmental Ministry; […]
NRGBriefs: FMC LatAm Sales; Rig Mobilized in Suriname
(Energy Analytics Institute, 2.May.2022) — Energy briefs including FMC Corp.’s LatAm sales rising 31% YOY in 1Q:22 “driven by robust volume growth in soybean, corn and sugarcane as well as price rises and a 6% currency tailwind”; Enel Américas (NYSE: ENIA) filing its 2021 annual report on Form 20-F w/ the […]
Argentina Seeking $10bn Investment to Jump-Start LNG Exports, Minister Says
(Reuters, 27.Apr.2022) — Argentina, battling a deep and costly energy deficit, is looking to attract some $10 billion in private investment to help it jump start exports of liquefied natural gas (LNG) by 2027, economy minister Martin Guzman said on Wednesday. Argentina is home to the huge Vaca Muerta formation, […]
NRGBriefs: Chevron Dividend; Guyana Oil Demand; Argentina’s LNG Growth
(Energy Analytics Institute, 27.Apr.2022) — Energy briefs including Argentina’s Economic Minister Martín Guzmán saying that the country could generate around $15bn per year from exporting LNG starting in 2027; Sempra waiting on the US DOE the approve two LNG export projects in Mexico; the BODs of US-based Chevron Corp. (NYSE: […]
NRGBriefs: Argentina’s Finance Minister Martín Guzmán Meets with IMF Executive
(Energy Analytics Institute, 23.Apr.2022) — Energy and financial briefs including Argentina’s Finance Minister Martín Guzmán holding a wide ranging discussion in the US with International Monetary Fund (IMF) First Deputy Managing Director Gita Gopinath; and between 82% and 96% of the entire Venezuelan population is said to not have access […]
Guzmán Says YPF’s Recuperation “Was an Act of Sovereignty”
(Energy Analytics Institute, 16.Apr.2022) — The recovery of Argentina’s state oil giant YPF some 10 years ago was an act of sovereignty that changed the dynamics of the sector and made the Vaca Muerta formation relevant, according to Argentina’s Economic Minister Martín Maximiliano Guzmán. The most relevant transformation was the notable increase […]
NRGBriefs: Ecoanalitica Sees Venezuela’s Oil Rising Between 31%-91% in 2022
(Energy Analytics Institute, 6.Apr.2022) — Energy briefs including Caracas-based Econanalitica is forecasting Venezuela’s oil production and oil income will grow in 2022 vs 2021 under three different scenarios; Argentina’s Economic Minister Martín Guzmán meeting with the Argentine Ambassador in Bolivia Ariel Basteiro to discuss issues related to a bilateral agenda […]
Argentina to Attack Inflation While Pursuing Gas Opportunities
(Energy Analytics Institute, 9.Mar.2022) — Argentina’s economy grew around 10.3% in 2021 but one of the country’s primary headwinds relates to taming inflation, the country’s Economic Minister Martín Guzmán said from Houston, Texas. “The principal objective of the macroeconomic policy is to attack inflation in an economy that is recovering […]
LatAm Briefs: Kircher On IMF, OCP President Resignation
(Energy Analytics Institute, 24.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina’s Cristina Kircher insisting the International Monetary Fund (IMF) give Argentina lower debt rates, the president of Caracas-based CAF resigning, and the president of Ecuador’s OCP resigning, among others. Kircher Insist IMF Give Argentina Lower […]
LatAm Briefs: YPF Chubut CAPEX, Fracking In Colombia
(Energy Analytics Institute, 17.Mar.2021) — Energy briefs from the Latin America and Caribbean regions Argentina, Colombia and Uruguay including: YPF’s investment plans in Chubut, Argentina’s economic minister’s plans to visit with IMF officials in the US, ExxonMobil’s pilot fracking plans in Colombia, and ANCAP’s board naming a new general manager […]
Argentine Finance Minister Seeks $44bn IMF Debt Deal
(Wall Street Journal, 30.Jan.2021) — With Argentina broke, Finance Minister Martín Guzmán is pushing for a deal by May with the International Monetary Fund to repay $44 billion in debt. To win the IMF’s acquiescence, he’ll narrow a yawning budget gap, he said in an interview on Friday. It is […]
IMF’s Head Congratulates Argentina On Debt Deal
(Energy Analytics Institute, 4.Aug.2020) — International Monetary Fund Managing Director Kristalina Georgieva sent out a congratulations to President Alberto Fernandez, Minister Martin Guzman and Argentina’s main creditor groups on reaching an agreement in principle on the country’s debt. “A very significant step. Look forward to a successful conclusion in the […]
Fernandez To Creditors: ‘We Can’t Do Any More’
(FT.com, 19.Jul.2020) —Alberto Fernández, Argentina’s president, has made an impassioned appeal for the world to accept that — with an economy devastated by coronavirus — he cannot budge from his final offer to restructure $65bn of foreign debt. Weighed down by $323bn of borrowing, Argentina was already in a deep […]