Issue 24🚀

April 5, 2024

LATAM Highlights

Brazil

According to the Economic Times,  Petrobras’ subsidiary Transpetro is set to advocate for renewables in its terminals.

Colombia

Reuters reports that the World Bank has approved a $750 million climate change loan for Colombia.

Argentina

Argentina dollar bonds hit record highs as Milei rally powers on, Reuters reports.

Chile

Reuters reports that Chile has inaugurated the world's first fully solar-powered air traffic station.

Peru

Peru's Boluarte has reorganized the cabinet ahead of a congressional vote of confidence, reports Merco Press.

Panama

According to Reuters, S&P Global warns that a drought in the Panama Canal could pose a threat to the supply chain.

Venezuela

Reuters reveals that a joint venture between Venezuela's PDVSA and Chevron has launched a new drilling plan.

Paraguay
Merco Press reports that Paraguay is not opposed to paying Waterway tolls, according to the Foreign Minister.


Notable Transactions in Our Space 

SLB agreed to acquire rival oilfield service provider ChampionX for $7.8B in an all-stock deal.

Canadian energy company Enbridge raised $3.5B through a four-part bond offering at an up to 145 bps premium.
LATAM Airlines to start process of re-listing shares on NYSE.


Essential Read

Milei’s economic overhaul faces these four hurdles: 

Slaying Inflation, 

Balancing the Books, 

Winning Support from Lawmakers, and 

Re-Entering Debt Markets. 

Read the Bloomberg article here.


Podcast Spotlight

The podcast examines the shift to clean shipping fuels, evaluating options like ammonia, methane, and LNG, alongside the global impact of EU policies on decarbonization goals in the maritime sector.


Stat of the Week

The graph illustrates the decline in tree cover loss in Colombia since its peak in 2017, mainly attributed to shifting agriculture and commodity production.

Forest Loss in Colombia


Our LinkedIn Updates and Posts

  • AI's Transformative Role in Energy: Efficiency Boost or Job Threat? Read the complete article here.

  • Bolivia launches its initial 1,500 b/d biodiesel plant to reduce reliance on crude imports, signaling a pivotal shift in energy strategy. Learn more here.



Issue 24🚀

More News

Issue 47🌎

Issue 47🌎

September 13, 2024 - AWS invests in Brazil, Colombia’s budget rejected, Argentina targets $15 billion in energy, Chile's SQM issues an $850M bond, and more

Read More
Issue 46💫

Issue 46💫

September 6, 2024 - Starlink blocks X in Brazil, Ecopetrol faces disruptions, Vista Energy invests in Argentina, Rio Tinto joins Chile’s lithium project, and more.

Read More
Issue 45⚡

Issue 45⚡

August 30, 2024 - Brazil’s new central bank chief, Colombia’s energy security push, Argentina’s $10B export forecast, Chile’s solar subsidy review, and more.

Read More