August 2, 2024
Within Our Network
Congratulations to BIO4 on strengthening their public-private partnership and advancing the Sustainable Garden program. Kudos to all involved!
LATAM Highlights
Colombia
Millicom is interested in acquiring the shares of Telefónica and Tigo in Colombia (América Economía)
Argentina
President Milei renews his vow to scrap export taxes as Argentina’s farmers grow impatient (AP News)
Chile
Saudi Arabia explores lithium investment opportunities in Chile (Reuters)
Venezuela
Pressure builds on Venezuela’s Nicolás Maduro over disputed presidential election (Financial Times)
Mexico
BP to drill new Gulf of Mexico field as earnings exceed expectations (Financial Times)
Notable Transactions
Vital Energy is nearing an all-cash deal to acquire PE-owned Point Energy Partners for $1.1B
China-owned Sinochem is in talks to sell a minority stake in a Brazilian offshore oil and gas field to independent producer Prio.
PE firm NGP raised $500M for a fund to invest in the energy-transition.
Miner BHP and Lundin Mining will jointly acquire Canadian exploration firm Filo for ~$2.96B cash.
Essential Read
According to Cipher, the nuclear industry is moving towards smaller, advanced reactors to better address future energy demands with improved safety and flexibility.
Podcast Spotlight
In this episode of Zero, the focus is on the need to expand the global grid significantly by 2050 to achieve net zero goals, discussing the challenges and opportunities of this major upgrade.
Stat of the Week
This week's stat shows a 17% projected increase in global oil demand from 2022 to 2045. The graph, based on OPEC data and presented by Visual Capitalist, highlights potential investment opportunities and regional consumption trends.
Our LinkedIn Updates and Posts
Find out how NextEra is evaluating the restart of its Iowa nuclear plant to meet growing demand for carbon-free energy, click here.
Explore here why Latin America is lagging behind in the global LNG boom and the factors contributing to its missed opportunities.
Learn about the recent surge in uranium contract prices to 16-year high and the significant market developments driving this trend.
Meme of the Week
