November 15, 2024
Network Insights
Congratulations to Sistecrédito for winning the Commercial Loyalty award from FENALCO Antioquia!
LATAM Highlights
Brazil
Petrobras signs agreement to supply natural gas to steel mills in Southern Brazil (Reuters)
Colombia
Colombia strives to diversify economy away from oil and gas (Financial Times)
Argentina
Javier Milei seeks Donald Trump's support for IMF loan to Argentina (Financial Times)
Chile
BHP to reveal copper growth plans at Chile roadshow, analysts predict (Reuters)
Peru
Xi Jinping arrives in Lima for APEC, to inaugurate Pacific megaport (Reuters)
Ecuador
Ecuador signs first energy purchase contract with Colombia (América EconomÃa)
Venezuela
Trump's nominee Rubio could strengthen oil sanctions on Iran, Venezuela (Reuters)
Guyana
Guyana and Suriname poised to become key LNG exporters by 2030s (Oil Price)
Mexico
Mexico plans $6B support for Pemex in 2025 budget (Oil Price)
Global Energy Watch
French boycott of COP29 highlights growing divides at UN climate summit (FT)
Inside the bold plan to reopen Three Mile Island's nuclear plant (WSJ)
World to face oil surplus in 2025 due to weak demand, IEA reports (Reuters)
Deal Watch
Colombia's largest carbon project secures $100M from Temasek-owned GenZero and Trafigura
Hilcorp Energy to acquire ExxonMobil's Permian Basin assets for ~$1B
LatAm neobank Ualá raises $300M Series E at $2.75B valuation, led by Allianz X
Coterra Energy to acquire Permian Basin assets from Franklin Mountain Energy and Avant for $3.95B
Must Read
The Financial Times Big Read examines Brazil's increasingly difficult diplomatic balancing act as Lula seeks to maintain ties with the US, China, and Russia, while Trump’s re-election tightens the country’s diplomatic space.
Featured Podcast
The Financial Times podcast discusses the impact of a second Trump administration on Wall Street, tech, and energy, analyzing potential shifts in these key sectors and the challenges they may face.
Data Insight
The chart ranks the top countries by natural resource value, based on 2021 data from Statista. It highlights the dominance of 10 countries with vast reserves essential for global manufacturing and various industries.
LinkedIn Roundup
Latin America's hydro power faces disruptions from climate change, impacting nearly half of the region’s electricity. Read more here.
China-backed megaport in Peru set to transform trade, presenting a strategic challenge to the US. For more, click here.
Meme Corner
