PRESS DIGEST 10 MAR. 2026: Frontera to accept Parex offer; Viridien offshore India

MONTERREY, MEXICO (By editors with Energy Analytics Institute, 10.Mar.2026, Words: 820) — The following briefs are the top stories from the top media outlets on 10 Mar. 2026 across the Latin America and Caribbean (LAC) region and beyond, as compiled by editors from Energy Analytics Institute (EAI).

EAI has not verified these stories and does not vouch for their accuracy.

LATIN AMERICA

— Frontera Energy Corporation will move to accept a $525mn superior Parex Resources offer following receipt of no match notice from Geopark, the co. said in an official stmt.

— Mexico’s president Claudia Sheinbaum signed a decree transferring ownership of 9.22 hectares to the state, allowing the INAH to strengthen protection and research at Chiapas’ most emblematic archaeological site, reports Infobae.

— A delegation of approximately 100 execs from cos. in Denmark, Finland, Norway, and Sweden met at the National Palace in Mexico w/ president Claudia Sheinbaum Pardo to discuss investment opportunities aligned w/ Plan Mexico. Cos. such as Lego, Ericsson, Nokia, and Volvo participated, according to El Financiero.

RELATED: FRONTERA TO ACCEPT $525MN SUPERIOR PAREX OFFER AFTER RECEIPT OF GEOPARK NO MATCH NOTICE

CARIBBEAN

— Barbados and Trinidad and Tobago are said to be pondering a MOU related to tourism and culture in an effort to best advance interest on both sides, reports the Jamaica Observer.

— New Fortress Energy says its San Juan terminal helps power Puerto Rico with “cleaner, more reliable, and more affordable energy.” “By supplying LNG to on-island customers, we’re supporting a cleaner, greener, and more dependable energy future for the island,” the co. said on social media.

ASIA

— Viridien, formerly CGG, revealed a new regional multi-client data initiative for the offshore basins of India, designed to deliver enhanced, data-driven exploration capabilities to industry operators, the co. said in an official stmt.

NORTH AMERICA

— PowerBank Corporation, involved in distributed solar energy, battery storage, and clean energy infrastructure across North America, announce that its 7 MW Jordan Rd 1 community solar project located on privately-owned brownfield lands in Skaneateles Falls, New York has been approved for up to $1,965,579 USD in incentives through the New York State Energy Research and Development Authority (NYSERDA) NY-Sun Program. The Project is also expected to qualify for up to an additional $1,576,520 in NY-Sun incentives through the Inclusive Community Solar Adder, the co. announced in an official stmt. 

— Dandelion Energy announced expansion of its financing offerings with a strategic partnership w/ Diverso Energy in Canada. Diverso Energy is majority-owned by CVC DIF, the infrastructure strategy arm of CVC who manages over €200bn of AUM, and will provide financing and access to investment tax credits for residential developments w/ Dandelion nationwide. This includes launch of Dandelion’s Geo-as-a-Service program to provide builders nationwide w/ a zero-upfront-cost pathway to the most efficient, effective, and durable home heating and cooling solution available. The partnership signals significant validation of the US geothermal market and will accelerate geothermal adoption across the country.

— comments from Uranium Energy Corp president and CEO Amir Adnani related to the company’s second quarter fiscal 2026 results: “This quarter we reached a significant milestone for UEC with completing the construction of Burke Hollow, the newest ISR uranium mine in the US. We are very proud of our team, many of whom have been involved in this project since its discovery in 2012. We expanded our ISR production capacity in Wyoming and South Texas, which are awaiting final regulatory approvals. With the unprecedented growth in the sector, our industry is experiencing regulatory growing pains. This level of activity has not been seen in the US in over fifteen years. A coordinated industry working group has been established to engage constructively with state regulators to support responsible and timely production expansion approvals. UEC is actively involved in advancing these collaborative efforts while maintaining our commitment to operational excellence and environmental stewardship. In parallel, we ramped up efforts on feasibility, siting and licensing at United States Uranium Refining & Conversion Corp, positioning UEC to address the national security gap in America’s nuclear fuel supply chain. Our objective remains clear: to build the only vertically integrated US nuclear fuel supply chain platform with uranium mining to domestic conversion capability. During the quarter, we sold uranium at pricing over 25% of the quarterly average, which demonstrates the advantage of our unhedged approach to inventory management in a strengthening uranium market. With $818 million in liquid assets and no debt at the end of the quarter, UEC maintains one of the strongest balance sheets in the sector. Combined with the largest uranium resource base in the United States, we are uniquely positioned to scale production and respond quickly to evolving US policy initiatives, including potential Section 232 remedies and long-term national security procurement requirements.”

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By editors at Energy Analytics Institute reporting from Atlanta, Baton Rouge, Caracas, Houston, Monterrey, Mexico City, Panama City, and Bogota. © 1999-2026 Energy Analytics Institute (EAI). All Rights Reserved.