August 16, 2024
Within Our Network
We congratulate Aliseo on their participation in MEC SHOW 2024, showcasing innovation and connecting with key industry players.
LATAM Highlights
Brazil
Brazil's Lula highlights 'long-term partnership' with China (Reuters)
Colombia
Colombia's Q2 economic growth estimated at 2.2% year-on-year (Reuters)
Argentina
Argentina in discussions with Banco Santander for $1B loan (Bloomberg)
Chile
BHP and Escondida mine union resume formal negotiation talks (Reuters)
Panama
Gas and grain ships avoid Panama Canal due to drought impact (Financial Times)
Ecuador
Ecuador calls vice president's court request against Noboa a 'coup' (Reuters)
Venezuela
How Maduro holds onto power as Venezuelan opposition seeks election recognition with few options (Financial Times)
Mexico
Mexico's new administration to foster oil industry partnerships (Oil Price)
Notable Transactions
Engineering firm WSP will buy energy-focused rival Power Engineers for $1.8B.
Nuclear reactor startup Aalo Atomics raises funds with plans for test unit.
Energy-focused PE firm EIG is exploring a sale of oil and gas producer Maverick Natural Resources at a $3B valuation, including debt.
Essential Read
Big Tech's bid to alter net zero rules may obscure their actual emissions, according to Financial Times analysis. Read more on how these changes could impact climate goals.
Podcast Spotlight
Catalyst's latest episode examines why nuclear power costs vary globally and explores solutions with Dr. Jessica Lovering. Listen to the full discussion for more insights.
Stat of the week
This Visual Capitalist graphic shows Brazil leading G20 nations in renewable electricity at 89%, with Canada at 66% and Germany strong in wind and solar. Most G20 countries have cut power sector emissions since their peak
Our LinkedIn Updates and Posts
- Call to end nuclear power ban in Australia as opposition pushes for plants but critics urge focus on renewables. Read more here.
- Read about the Altman-backed nuclear company partnering with Siemens Energy Systems here.
Meme of the Week
