February 7, 2025
LATAM Highlights
Brazil
Azul secures $1B capital increase in creditor plan (América EconomÃa)
Colombia
Ecopetrol completes purchase of CPO-09 block from Repsol (América EconomÃa)
Argentina
Argentina exits WHO over pandemic management dispute (Buenos Aires Herald)
Chile
Chile faces fallout from Trump’s protectionist policies (América EconomÃa)
Peru
Peru aims for $40B in agricultural exports by 2040 (Reuters)
Panama
Panama’s denies U.S. claim of free Canal passage (WSJ)
Ecuador
Ecuador’s Daniel Noboa seeks full presidential term (Reuters)
Venezuela
Venezuela oil exports rise on Chevron, China demand (Reuters)
Mexico
Mexico, U.S. agree to economic dialogue (Reuters)
Global Energy Watch
Global energy transition investment surpasses $2T (Reuters)
Bezos’s Earth Fund cuts ties with climate group (FT)
OPEC and Saudi maintain spare oil capacity (Reuters)
Notable Transactions
PE firm NGP Energy Capital is exploring a sale of natural gas producer Camino Natural Resources, which could fetch $2B, including debt
O&G firm Infinity Natural Resources raised $265M at a $1.17B valuation in a US IPO
Canada's CPP Investments is weighing a sale or IPO of US O&G producer Encino Acquisition Partners at a $7B valuation, including debt
Must Read
Oil Price analyzes why U.S. refiners remain reliant on Canadian crude despite new tariffs, as limited alternatives and refinery constraints could drive up Midwest fuel prices.
Featured Podcast
In this Reuters podcast, experts discuss China’s retaliatory tariffs, Trump’s policy shifts on Mexico and Canada, his meeting with Netanyahu, and the future of USAID.
Data Insight
The Visual Capitalist chart ranks key commodities based on their performance since 2019. Commodities have experienced significant volatility over the past several years, driven by the COVID-19 pandemic, supply chain disruptions, and geopolitical tensions.
LinkedIn Roundup
- China, Europe & UK should form climate alliance without the US, energy expert says. Learn more here.
- Global investors show strong interest in Peru's mining and renewable energy sectors. Find further information here.
- US suspends tariffs on Mexico for one month, says Sheinbaum. Read more here.
Upcoming Events
Feb 20-21: Offshore Latin America Conference 2025. Buenos Aires, Argentina
March 9-13: Smart Grids & Green IT, Energy 2025. Lisbon, Portugal
March 12: Workshop PSR / CanalEnergia 2025. Rio de Janeiro, Brazil
March 13-14: Energy Evolution Conference 2025. Madrid, Spain
April 09-10: 8th Latin America Energy Summit. Santiago, Chile
April 09-10: Industrial Decarbonisation Europe 2025. Amsterdam, Netherlands
Meme Corner
