August 23, 2024
Within Our Network
Congratulations to CMM on this groundbreaking achievement with Wärtsilä. Developing the first ethanol-powered PSVs is a significant step toward a more sustainable maritime industry. Well done!
LATAM Highlights
Brazil
Musk's X to exit Brazil amid supreme court clash (Financial Times)
Colombia
Colombian union urges hydrocarbon exploration for Ecopetrol’s future (América Economía)
Argentina
MSCI reclassification could bring Argentina US$1 billion in investments (América Economía)
Chile
Chile tops Latin American lithium exports as global prices decline (América Economía)
Panama
Panama starts US-backed deportation flights to deter migrants (Reuters)
Ecuador
Ecuador declares electricity sector emergency, plans to contract 750 MW for US$ 1 billion (América Economía)
Venezuela
Venezuela’s supreme court confirms Maduro’s disputed election win (Financial Times)
Bolivia
Bolivia shifts focus to biodiesel production (Merco Press)
Notable Transactions
Australian lithium miner Pilbara Minerals will buy rival Latin Resources in a $370M all-stock deal
Chile's Empresas Copec will acquire Spanish oil company Cepsa's LNG unit Gasib in Spain and Portugal for $302M.
PE firm Quantum Capital will acquire certain Caerus Oil and Gas assets including debt for ~$1.8B
Essential Read
McKinsey outlines 25 key challenges in the energy transition, including deploying new technologies and managing renewable power systems. Effective solutions require innovation and systemic approaches to meet global climate goals
Podcast Spotlight
This week’s Catalyst podcast examines why nuclear power costs vary globally, comparing high U.S. costs with lower costs in South Korea. The discussion covers factors influencing these costs and potential solutions.
Stat of the Week
This Visual Capitalist graphic ranks countries by nuclear power capacity, highlighting global leaders and upcoming developments in the sector.
Our LinkedIn Updates and Posts
Explore whether Latin America could become a future clean hydrogen exporter by overcoming key challenges. Read more here.
Discover nuclear energy’s emerging role in meeting soaring energy demand driven by AI. Learn more here.
Learn about six key areas that could accelerate Latin America's hydrogen economy. Read the full report here.
Meme of the Week
