March 07, 2025
Network Insights
Congratulations to Terminal Portuário de Angra dos Reis (TPAR) for successfully completing the import and unloading operation of Fortuna Gratch, reinforcing its position as a multi-purpose port committed to quality, safety, and operational excellence! 🏆🌊
LATAM Highlights
Brazil
Brazil's climate multilateralism vital for leadership, says COP30 president (Reuters)
Colombia
Colombia secures 69 areas for first offshore wind energy auction (REVE)
Chile
Lithium price impacts Chile’s SQM, leading to $400M in 2024 losses (América Economía)
Peru
Peruvian companies eye entry into international markets (América Economía)
Panama
Panamanian president denies negotiations to return the Canal to the US (América Economía)
Ecuador
Ecuador awards oil contract to Chinese-led consortium for 'crown jewel' project (Reuters)
Venezuela
Donald Trump revokes Chevron’s Venezuela oil license (Financial Times)
Guyana
Exxon’s consortium recoups $33.9B from Guyana, VP says (Reuters)
Mexico
Mexico reaches out to Europe and Asia oil buyers after U.S. tariffs hit (Oil Price)
Uruguay
Uruguay shifts to center-left as Orsi assumes presidency (Reuters)
Global Energy Watch
Trump praises Ukraine’s openness to minerals deal, peace talks (Reuters)
Thorcon applies to build Indonesia's first nuclear power plant (World Nuclear News)
US ethanol giant Green Plains explores sale after CEO departure (Bloomberg)
Notable Transactions
PE firm NGP Energy Capital acquired over $900M in Denver Basin assets from Occidental Petroleum
MPLX to buy remaining interest in BANGL natural gas pipeline for $715M
Must Read
Financial Times examines how extending the lifespan of aging nuclear reactors is becoming a key strategy to meet rising electricity demand. While offering a low-carbon solution, safety and structural challenges remain. A must-read for energy sector leaders.
Featured Podcast
In this Financial Times podcast, Martin Wolf and Lord Adair Turner discuss the race to decarbonize, the role of the EU and China, and the challenges posed by the Trump administration. A valuable perspective on the future of global climate policy.
Data Insight
Visual Capitalist highlights BlackRock’s $22.8B acquisition of two Panama Canal ports, Cristobal and Balboa, emphasizing their strategic role in global trade between the Atlantic and Pacific Oceans.
LinkedIn Roundup
Trump's return threatens global warming efforts with 'triple negative' effect. Read more.
- Oil prices fall after Opec+ confirms crude production increase. Learn more here.
Mexico set a record in attracting foreign direct investment in 2024. Find out more.
Upcoming Events
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 9-10: 8th Latin America Energy Summit. Santiago, Chile
April 9-10: Industrial Decarbonisation Europe 2025. Amsterdam, Netherlands
May 20: BNEF Summit: Where industry, manufacturing and energy converge. Munich, Germany
Meme Corner
