March 14, 2025
LATAM Highlights
Brazil
Brazil plans to reallocate nearly $6.9B in its 2025 budget (Reuters)
Colombia
Brazil's Petrobras cancels planned share sale of fuel asset in Colombia (Reuters)
Argentina
Argentina's Milei signs decree clearing path for IMF loan deal (Financial Times)
Chile
Chilean exports rose 5.8%, surpassing $18.38B by February 2025 (América Economía)
Peru
Peru's exports grew 30.7% in January 2025 (América Economía)
Panama
Panama Canal considers gas pipeline project targeting Asian buyers (Reuters)
Ecuador
Ecuador says upfront payment needed for Sacha oil deal not made (Reuters)
Venezuela
Chevron contractors in Venezuela continue work despite Trump deadline (Bloomberg)
Guyana
Guyana revokes Frontera-CGX Energy JV's prospecting license (Reuters)
Mexico
Mexico to decide on steel and aluminum tariffs by April 2 (América Economía)
Global Energy Watch
Shell delivered a record volume of marine LNG in 2024 (Bloomberg)
Big Tech firms pledge to triple nuclear power capacity (CNBC)
36 companies are responsible for 50% of global emissions (Financial Times)
Notable Transactions
Whitecap and Veren Merge to create $10B Canadian light oil producer
$4.5B-listed electricity utility TXNM Energy is exploring a sale after receiving takeover interest
$666M-listed UK energy giant Serica Energy is in talks for an all-share merger with $300M petroleum exploration company EnQuest
Must Read
Bain & Company highlights the shifting energy landscape in 2025, where rising costs, AI, and renewables reshape strategies. With optimism in energy storage and tech transformation high on the agenda, this report is essential for leaders navigating the path to net zero.
Featured Podcast
Zero’s latest episode dives into Trump’s climate rollbacks and their impact on green energy investment. With governments already falling behind on environmental goals, this discussion is a must-listen for anyone following the global fight against climate change.
Data Insight
The Visual Capitalist chart examines the potential energy cost of replacing 2.7 million metric tons of Canadian aluminum with U.S. production, highlighting the impact of proposed tariffs and domestic supply shifts.
LinkedIn Roundup
- World Bank outlines key points to promote sustainable growth in Peru with diversification. Read more.
Petrobras begins drilling gas well in Colombian Caribbean waters. Find out more here.
Petro says Colombia should buy Qatar gas to fight rip-off prices. Learn more.
Upcoming Events
April 3-4: Renewable Energy Conference. Madrid, Spain
April 9-10: Wind Europe Annual Event 2025. Copenhagen, Denmark
April 9-10: 8th Latin America Energy Summit. Santiago, Chile
April 9-10: Industrial Decarbonisation Europe 2025. Amsterdam, Netherlands
April 24-25: Summit on the Future of Energy Security. London, UK
May 20: BNEF Summit. Munich, Germany
June 5-6: Net Zero Tech. Barcelona, Spain
June 12-13: Global Conference on Energy Efficiency. Brussels, Belgium
Meme Corner
