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Author: ENERGY ANALYTICS INSTITUTE (EAI)

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.
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Canadian Solar eyes module shipments between 25-30 GW in 2025

Canadian Solar eyes module shipments between 25-30 GW in 2025

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HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 15.May.2025, Words: 381) — Canadian Solar expects CSI Solar’s total module shipments to be in the range of […]

Mexico’s Ebrard says consultations regarding USMCA to start in 2H:25

Mexico’s Ebrard says consultations regarding USMCA to start in 2H:25

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MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 15.May.2025, Words: 155) — Mexico, Canada and the US are expected to initiate consultations related the […]

Vizsla to acquire large Santa Fe claim package, including mine near Panuco

Vizsla to acquire large Santa Fe claim package, including mine near Panuco

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MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 15.May.2025, Words: 787) — Vizsla Silver Corp. entered into an agreement to acquire the Santa Fe project, […]

Blue Sky expands drill plan to advance Ivana Uranium-Vanadium project in Argentina

Blue Sky expands drill plan to advance Ivana Uranium-Vanadium project in Argentina

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 14.May.2025, Words: 416) — Blue Sky Uranium Corp. said a 2025 drill program aims to advance the […]

Orvana Minerals updates on strategic assets in Argentina, Bolivia and Spain

Orvana Minerals updates on strategic assets in Argentina, Bolivia and Spain

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 14.May.2025, Words: 438) — Orvana Minerals Corp.  — a multi-mine gold-copper-silver company — provided updates on its […]

Frontera funds recapitalization of ODL interest with $220mn non-recourse, secured loan

Frontera funds recapitalization of ODL interest with $220mn non-recourse, secured loan

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 14.May.2025, Words: 738) — Frontera Energy Corporation‘s wholly-owned subsidiary, Frontera Pipeline Investment AG (FPI) and a syndicate […]

Aramco inks 34 MOUs and agreements with US companies with potential value of $90bn

Aramco inks 34 MOUs and agreements with US companies with potential value of $90bn

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HOUSTON, TEXAS (By editors at Energy Analytics Institute, 14.May.2025, Words: 517) — Aramco signed 34 memorandum of understanding (MOUs) and agreements, with a potential total […]

Woodside boasts “one hull of a milestone” at Scarborough energy project

Woodside boasts “one hull of a milestone” at Scarborough energy project

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 14.May.2025, Words: 307) — Woodside Energy said the Scarborough Energy project, which is now over 82% complete, achieved […]

Woodside inks non-binding collaboration agreement with Aramco

Woodside inks non-binding collaboration agreement with Aramco

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 14.May.2025, Words: 234) — Woodside Energy Ltd and Aramco entered into a non-binding collaboration agreement to explore global […]

Sinopecs 5,300m vertical well sets new well depth record in China

Sinopecs 5,300m vertical well sets new well depth record in China

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 14.May.2025, Words: 369) — China Petroleum & Chemical Corporation’s Tiebei 1HF well was drilled to a vertical depth […]

Excelerate Energy closes $1.055bn acquisition of NFE’s business Jamaica

Excelerate Energy closes $1.055bn acquisition of NFE’s business Jamaica

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 14.May.2025, Words: 335) — Excelerate Energy, Inc. closed its $1.055bn acquisition of New Fortress Energy Inc.‘s business […]

Venezuela’s production averaged 888 Mb/d in Apr. 2025, according to OPEC

Venezuela’s production averaged 888 Mb/d in Apr. 2025, according to OPEC

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 14.May.2025, Words: 164) — Venezuela’s crude oil production averaged 888 thousand barrels per day (Mb/d) in Apr. […]

TotalEnergies and HitecVision to pursue development of Polska Grupa Biogazowa in Poland

TotalEnergies and HitecVision to pursue development of Polska Grupa Biogazowa in Poland

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ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 14.May.2025, Words: 299) — France’s TotalEnergies inked a sale and purchase agreement (SPA) with HitecVision, a Norwegian investment […]

Global Underwater Hub backs £923m cable production facility at Port of Tyne

Global Underwater Hub backs £923m cable production facility at Port of Tyne

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 14.May.2025, Words: 292) — Global Underwater Hub (GUH), which represents the UK’s £9bn subsea industry, backed plans for […]

Guyana’s president Irfaan Ali warns citizens to remain vigilant amid Venezuelan “arrogance”

Guyana’s president Irfaan Ali warns citizens to remain vigilant amid Venezuelan “arrogance”

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 14.May.2025, Words: 310) — Guyana’s president Mohamed Irfaan Ali alerted the citizens of his small South American […]

US Treasury takes steps to stop Iran from manufacturing missile components

US Treasury takes steps to stop Iran from manufacturing missile components

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 14.May.2025, Words: 224) — The US Department of the Treasury‘s Office of Foreign Assets Control (OFAC) designating 6 individuals […]

Maduro says Russia and China look to support Venezuela’s 7T plan

Maduro says Russia and China look to support Venezuela’s 7T plan

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PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 13.May.2025, Words: 295) — The Russian Federation and the People’s Republic of China reaffirmed their support for […]

Eni starts production at Merakes east field offshore Indonesia

Eni starts production at Merakes east field offshore Indonesia

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 13.May.2025, Words: 460) — Eni started natural gas production at the Merakes east field, in the Kutei basin, […]

Venezuela’s Maduro calls recent visits to China and Russia a “resounding success!”

Venezuela’s Maduro calls recent visits to China and Russia a “resounding success!”

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.May.2025, Words: 218) — Venezuela’s president Nicolás Maduro traveled to China and Russia to meet with his […]

Norway pension fund sales remaining $40mn in fixed income investment in Pemex

Norway pension fund sales remaining $40mn in fixed income investment in Pemex

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MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 13.May.2025, Words: 273) — Petróleos Mexicanos (Pemex) said its recent exclusion from the investment portfolio of the […]

Harbour’s EVP Baquero says Kan field offshore Mexico holds 500+ MMbbls in situ

Harbour’s EVP Baquero says Kan field offshore Mexico holds 500+ MMbbls in situ

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MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 13.May.2025, Words: 218) — Harbour Energy, which is active in the Hokchi, Ogarrio, and Zama fields […]

Ecuador inks deal with IAEA around nuclear energy, energy generation, technical training

Ecuador inks deal with IAEA around nuclear energy, energy generation, technical training

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.May.2025, Word: 491) — Ecuador’s head over the Ministry of Energy and Mines (MEM) Inés Manzano signed […]

Touchstone Exploration reveals amended loan deal to support pending acquisition

Touchstone Exploration reveals amended loan deal to support pending acquisition

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.May.2025, Words: 303) — Touchstone Exploration Trinidad Ltd. (TETL) entered into a share purchase agreement (SPA) to […]

Petrobras reports 1Q:25 financial and operational results

Petrobras reports 1Q:25 financial and operational results

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BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 12.May.2025, Words: 677) — Petrobras reported adjusted EBITDA excluding 1-off events reached $10.7bn in the first-quarter 2025 […]

Mexico Pacific appoints Manuela (Nelly) Molina as its new CEO  

Mexico Pacific appoints Manuela (Nelly) Molina as its new CEO  

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MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 12.May.2025, Words: 210) — Mexico Pacific, which has an eye on developing the 30 million tonnes per […]

Petrobras to pay interim dividends in the amount of R$11.72bn

Petrobras to pay interim dividends in the amount of R$11.72bn

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BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 12.May.2025, Words: 405) — The Board of Directors of Petrobras approved payment of interim dividends and interest […]

Traders rebrand Venezuelan oil for China as Brazilian, sources and tanker trackers say

Traders rebrand Venezuelan oil for China as Brazilian, sources and tanker trackers say

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SINGAPORE, SINGAPORE CITY (Chen Aizhu, Reuters, 12.May.2025, Words: 847) — Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian […]

Norway’s wealth fund sells all its fixed income from Mexico’s Pemex due to corruption risk

Norway’s wealth fund sells all its fixed income from Mexico’s Pemex due to corruption risk

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OSLO, NORWAY (Reuters, 11.May.2025, Words: 161) — Norway’s wealth fund, the world’s largest, has sold all its fixed income investments in Mexican state oil firm […]

LatAmNRG heard: Chinese takeover of Venezuelan refineries, Petrobras focus offshore Colombia

LatAmNRG heard: Chinese takeover of Venezuelan refineries, Petrobras focus offshore Colombia

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.May.2025, Words: 460) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]

Guyana eyes 10 years of double-digit GDP growth, anchored by rising Stabroek production

Guyana eyes 10 years of double-digit GDP growth, anchored by rising Stabroek production

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HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 9.May.2025, Words: 330) — Guyana’s economy grew at an average rate of 40.9% between 2020-2024, which marked […]

YPF rides shale boom, sets sights on export infrastructure

YPF rides shale boom, sets sights on export infrastructure

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RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 9.May.2025, Words: 450) — With Vaca Muerta firing on all cylinders and major infrastructure moving forward, YPF […]

Trinidad’s MEEI updates on incident (oil spill) at cluster S-912 SW Soldado field

Trinidad’s MEEI updates on incident (oil spill) at cluster S-912 SW Soldado field

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 9.May.2025, Words: 148) — Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) received reports on […]

Pemex addresses pipeline leak from Akal-C platform to Dos Bocas maritime terminal

Pemex addresses pipeline leak from Akal-C platform to Dos Bocas maritime terminal

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MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 9.May.2025, Words: 216) — Petróleos Mexicanos (Pemex) has reportedly addressed and contained leaks in the pipeline that […]

Petrobras and Proquigel reach agreement to resolve existing contractual disputes

Petrobras and Proquigel reach agreement to resolve existing contractual disputes

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BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 9.May.2025, Words: 188) — Proquigel, a subsidiary of Unigel, approved an agreement to resolve existing contractual disputes […]

Frontera eyes strategic steps in Colombia related to ODL and Puerto Bahia LNG imports

Frontera eyes strategic steps in Colombia related to ODL and Puerto Bahia LNG imports

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 9.May.2025, Words: 535) — Frontera Energy Corporation, as part of efforts to maximize shareholder value related to […]

Frontera updates on Colombia: production, water treatment and Reficar connection project

Frontera updates on Colombia: production, water treatment and Reficar connection project

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 9.May.2025, Words: 1,104) — Frontera Energy Corporation provided details related to its core Andean region businesses in […]

Frontera and CGX ready to assert legal rights in Guyana related to Corentyne block dispute

Frontera and CGX ready to assert legal rights in Guyana related to Corentyne block dispute

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 9.May.2025, Words: 325) — Joint venture (JV) partners CGX Energy Inc. and Frontera Energy Corporation continue under […]

Petrobras finds high-quality oil at Santos Basin exploration well 3-BRSA-1396D-SPS

Petrobras finds high-quality oil at Santos Basin exploration well 3-BRSA-1396D-SPS

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BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 9.May.2025, Words: 238) — Brazil’s Petrobras identified the presence of high-quality oil with no contaminants in an […]

Enbridge CEO Ebel says North America’s “in a unique position”

Enbridge CEO Ebel says North America’s “in a unique position”

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ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 9.May.2025) — Enbridge Inc. president and CEO Greg Ebel said North America is in a “unique position to strengthen its […]

Citgo Petroleum reports weak refining margins in the 1Q:25

Citgo Petroleum reports weak refining margins in the 1Q:25

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HOUSTON, TEXAS (By Ofelia Paredes, Energy Analytics Institute, 8.May.2025, Words: 635) — Houston-based Citgo Petroleum Corporation — which owns and operates 3 large-scale, highly complex […]

Brava Energia terminates divestment plan for onshore and shallow water assets in Bahia

Brava Energia terminates divestment plan for onshore and shallow water assets in Bahia

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ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 8.May.2025) — Brava Energia has decided to terminate negotiations related to the divestment process for its onshore and […]

Touchstone Exploration raises $20.5mn in private placement, engages Republic Bank

Touchstone Exploration raises $20.5mn in private placement, engages Republic Bank

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 8.May.2025) — Touchstone Exploration Inc. successfully raised £15.375mn ($20.5mn) by way of a private placement of 75,000,000 […]

Restriction changes on Russian gas to Europe would disproportionately impact US LNG exports

Restriction changes on Russian gas to Europe would disproportionately impact US LNG exports

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WASHINGTON, DC (S&P Global Commodity Insights, 8.May.2025, Words: 583) — The US, which currently supplies half of Europe’s liquefied natural gas (LNG) imports and roughly 15% of […]

Trinidad looks towards Grenada and Suriname for energy deals

Trinidad looks towards Grenada and Suriname for energy deals

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 8.May.2025, Words: 360) — Natural gas-dependent Trinidad and Tobago is looking north and south of its maritime […]

Sheinbaum says Mexico’s economy shows signs of resilience

Sheinbaum says Mexico’s economy shows signs of resilience

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MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 8.May.2025, Words: 450) — Mexico’s economy, principally driven by its powerful manufacturing sector, continues to throw off […]

Sempra Infrastructure eyes spring 2026 start-up for Energía Costa Azul (ECA) LNG Phase 1

Sempra Infrastructure eyes spring 2026 start-up for Energía Costa Azul (ECA) LNG Phase 1

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MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 8.May.2025, Words: 474) — Sempra Infrastructure continued to make progress during the first-quarter 2025 (1Q:25) towards advancing […]

Venezuela and Russia ink strategic cooperation and partnership agreement, eye GLONASS

Venezuela and Russia ink strategic cooperation and partnership agreement, eye GLONASS

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.May.2025, Words: 191) — A 10-year strategic cooperation and partnership agreement was signed in Moscow by Venezuela’s president […]

Ecopetrol eyes Gato do Mato production offshore Brazil in 2029, reserve incorporations in 2025

Ecopetrol eyes Gato do Mato production offshore Brazil in 2029, reserve incorporations in 2025

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.May.2025, Words: 275) — Colombia’s state-owned Ecopetrol SA expects its Gato do Mato project offshore Brazil in […]

Ecopetrol reports output of 745,000 boe/d in 1Q:25, updates on Buena Suerta-1 well

Ecopetrol reports output of 745,000 boe/d in 1Q:25, updates on Buena Suerta-1 well

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.May.2025, Words: 432) — Colombia’s state-owned Ecopetrol SA reported hydrocarbon production of 745,000 barrels of oil equivalent […]

Grain Belt Express awards $1.7bn to US contractors Quanta and Kiewit

Grain Belt Express awards $1.7bn to US contractors Quanta and Kiewit

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ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 7.May.2025) — Grain Belt Express, the largest electric transmission project in the US, announced nearly $1.7bn in combined US contractor […]

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