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Latin America and Caribbean (LAC) region energy news, analysis, commentaries and opinions since 1999.

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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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Venezuela flared 46% of its 3,895 MMcf/d of natural gas production in 2024

Venezuela flared 46% of its 3,895 MMcf/d of natural gas production in 2024

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HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 21.Feb.2025, Words: 1,030) — Oil producing Venezuela, a founding member of the Organization of the Petroleum Exporting […]

Greenwave Technology Not Looking to Raise Capital for Now

Greenwave Technology Not Looking to Raise Capital for Now

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 21.Feb.2025) — Greenwave Technology Solutions, Inc., despite receiving numerous inquiries from investors, has no immediate plans to raise […]

PDVSA Returns to Buying Light Oil: Reuters Says

PDVSA Returns to Buying Light Oil: Reuters Says

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.Feb.2025) — Petróleos de Venezuela S.A. (PDVSA) has reportedly resumed its purchases of light crude oil abroad, […]

Sheinbaum Comments on Mexico’s Just Energy Plan for Durango

Sheinbaum Comments on Mexico’s Just Energy Plan for Durango

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MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 20.Feb.2025) — Under Plan Mexico, president Claudia Sheinbaum Pardo said her government was pursuing a fair energy […]

Pan Global Eyes Testing 5 New Targets at Escacena in Southern Spain

Pan Global Eyes Testing 5 New Targets at Escacena in Southern Spain

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HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 20.Feb.2025) — Pan Global Resources Inc. said that at the high-priority Bravo target at it 100%-owned copper, tin, […]

Equinor engages Bank of America to divest Vaca Muerta participation

Equinor engages Bank of America to divest Vaca Muerta participation

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Equinor has reportedly engaged Bank of America to assist the Nordic company with the divestment […]

Excelerate Announces Class A Common Stock $0.06/share Dividend

Excelerate Announces Class A Common Stock $0.06/share Dividend

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Feb.2025) — The Board of Directors of Excelerate Energy, Inc. declared a quarterly cash dividend with respect to […]

Petrobras Inks Deals with Banco do Brasil Including R$6.5bn Export Credit Notes

Petrobras Inks Deals with Banco do Brasil Including R$6.5bn Export Credit Notes

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Petrobras signed 3 agreements with Banco do Brasil including export notes, a revolving credit facility […]

Petrobras Announces Resignation of Marcelo Gasparino da Silva from BODs

Petrobras Announces Resignation of Marcelo Gasparino da Silva from BODs

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Petrobras received the resignation letter of Marcelo Gasparino da Silva who announced his intention to […]

Equinor to Pay Cash Dividend on 28 Feb. 2025

Equinor to Pay Cash Dividend on 28 Feb. 2025

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Feb.2025) — Equinor ASA announced on 24 Oct. 2024 an ordinary cash dividend per share of $0.35 and […]

Viridien and Matnex to Accelerate AI-powered Materials Discovery

Viridien and Matnex to Accelerate AI-powered Materials Discovery

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Feb.2025) — Viridien and Materials Nexus Ltd. (trading as Matnex) will partner to scale Matnex’ computational capacity for […]

Petrobras Inks LNG PSA with UK-based Centrica for 0.8 MTPA Starting in 2027

Petrobras Inks LNG PSA with UK-based Centrica for 0.8 MTPA Starting in 2027

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Petrobras signed a long-term liquefied natural gas (LNG) purchase and sale agreement (PSA) with the […]

Petrobras to Make First Installment Remuneration to Shareholders

Petrobras to Make First Installment Remuneration to Shareholders

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Rio de Janeiro-based Petrobras will make payment of the first installment of shareholder remuneration relating to […]

CPKC Eyes Doubling its Hydrogen Test Fleet in 2025, Prepares for Delivery of Locomotives

CPKC Eyes Doubling its Hydrogen Test Fleet in 2025, Prepares for Delivery of Locomotives

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Feb.2025) — Canadian Pacific Kansas City (CPKC) is exploring and investing in innovative technology solutions and projects to […]

Aramco to Acquire 25% Interest in Unioil, Enter Philippines Retail Market

Aramco to Acquire 25% Interest in Unioil, Enter Philippines Retail Market

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 19.Feb.2025) — Aramco signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of […]

Repsol Selects IBS Software for Logistics Operations

Repsol Selects IBS Software for Logistics Operations

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 19.Feb.2025) — Spain’s Repsol selected IBS Software to transform its primary logistics operations across multiple locations.  The […]

Ecopetrol to Host 4Q:24 Webcast on 5 Mar. 2025

Ecopetrol to Host 4Q:24 Webcast on 5 Mar. 2025

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Feb.2025) — Ecopetrol S.A. plans to release its financial and operating results for the fourth-quarter 2024 and full […]

Matador Eyes Boosting Equivalent Production 20% in 2025 v 2024

Matador Eyes Boosting Equivalent Production 20% in 2025 v 2024

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ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 18.Feb.2025) — Matador Resources Company eyes average daily equivalent crude oil and natural gas production reaching 205,000 boe/d in […]

Suriname overview: energy future looks bright

Suriname overview: energy future looks bright

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 19.Feb.2025, Words: 1,500) — Suriname is located on the northern coast of South America, bordered by the […]

Uranium Energy Reports Key Production at Irigaray CPP in Wyoming

Uranium Energy Reports Key Production at Irigaray CPP in Wyoming

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ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 19.Feb.2025) — Uranium Energy Corp. achieved a major operational milestone with the successful processing, drying and drumming of […]

Citgo Launches Brand Licensing Program as Part of Fuels Business

Citgo Launches Brand Licensing Program as Part of Fuels Business

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Feb.2025) — The Citgo brand is extending to 5 new geographic markets with the launch of a brand […]

Vista Reports 18% Rise in Reserves, 323% Reserves Replacement Ratio [PDF Download]

Vista Reports 18% Rise in Reserves, 323% Reserves Replacement Ratio [PDF Download]

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MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 18.Feb.2025) — Vista Energy, S.A.B. de C.V.‘s estimated and certified proved (P1) oil and gas reserves reached […]

Natura Eyes 2 Advanced Nuclear Projects in Texas

Natura Eyes 2 Advanced Nuclear Projects in Texas

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HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 18.Feb.2025) — Natura Resources announced deployment of 2 advanced nuclear projects in Texas. The projects aim to enhance […]

TotalEnergies and Air Liquide to Develop 2 Green Hydrogen Projects in the Netherlands 

TotalEnergies and Air Liquide to Develop 2 Green Hydrogen Projects in the Netherlands 

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Feb.2025) — TotalEnergies signed agreements with Air Liquide to develop 2 projects in the Netherlands, for the production […]

Diamondback to Acquire Double Eagle IV in Stock and Cash Deal

Diamondback to Acquire Double Eagle IV in Stock and Cash Deal

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Feb.2025) — Diamondback Energy, Inc. entered into a definitive agreement to acquire certain subsidiaries of Double Eagle IV […]

Xodus Part of Japan’s First Large-scale Carbon Capture and Storage Projects

Xodus Part of Japan’s First Large-scale Carbon Capture and Storage Projects

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — Global energy consultancy Xodus secured a contract to support development of an advanced carbon capture and […]

Venture Global to achieve COD at Calcasieu Pass on 15 Apr. 2025

Venture Global to achieve COD at Calcasieu Pass on 15 Apr. 2025

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HOUSTON, TEXAS (By editors at Energy Analytics Institute, 17.Feb.2025, Words: 198) — Venture Global has notified its long-term customers that its Calcasieu Pass facility will […]

TotalEnergies and ENI Ink Deal to Export Cyprus Block 6 Gas Through Egypt

TotalEnergies and ENI Ink Deal to Export Cyprus Block 6 Gas Through Egypt

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — France’s TotalEnergies and Italy’s ENI, partners in Cyprus offshore Block 6, signed a Host Government Agreement (HGA) with the […]

TotalEnergies, Masdar and EPointZero to Drive Clean Energy Access in Africa and Asia

TotalEnergies, Masdar and EPointZero to Drive Clean Energy Access in Africa and Asia

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — Abu Dhabi Future Energy Company PJSC – Masdar, TotalEnergies and EPointZero, the decarbonization arm of 2PointZero, […]

Noble Floater Fleet 74% Contracted Through the Fourth-quarter 2024

Noble Floater Fleet 74% Contracted Through the Fourth-quarter 2024

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — Noble Corporation said its marketed fleet of 25 floaters was 74% contracted through the fourth-quarter 2024 […]

Argentina Starts Historic Electrical Modernization in AMBA

Argentina Starts Historic Electrical Modernization in AMBA

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MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 17.Feb.2025) — Argentina’s Energy Secretariat published a national and international tender called “GBA Storage -AlmaGBA”, through Resolution […]

Petrobras Selects SBM Offshore for FPSO Carbon Capture Solution

Petrobras Selects SBM Offshore for FPSO Carbon Capture Solution

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 17.Feb.2025) — SBM Offshore will carry out a study with state-owned Petrobras for the application of carbon […]

Major O&G Cos. Paid $7.4bn to Trinidad and Tobago Gov’t Between 2015-2022

Major O&G Cos. Paid $7.4bn to Trinidad and Tobago Gov’t Between 2015-2022

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 17.Feb.2025) — Major oil and gas companies in Trinidad and Tobago — BPTT, Shell plc, EOG Resources, […]

Petrobras Inks Protocol of Intent to Reuse Oil and Gas Production Platforms

Petrobras Inks Protocol of Intent to Reuse Oil and Gas Production Platforms

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 17.Feb.2025) — Petrobras signed 2 Protocols of Intent to carry out studies on the reuse of oil […]

Trinidad and Tobago registered 1,592 oil spills between 2016-Oct.2024

Trinidad and Tobago registered 1,592 oil spills between 2016-Oct.2024

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 17.Feb.2025) — Trinidad and Tobago reported 250 oil spills between Jan.-Oct. 2024 and between 2016 and Oct. […]

Amos Global Inks SPA to Buy Sinopec’s Gulf of Paria (PetroParia) Interest in Venezuela

Amos Global Inks SPA to Buy Sinopec’s Gulf of Paria (PetroParia) Interest in Venezuela

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HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 16.Feb.2025) — Houston-based Amos Global Energy Management LLC (AGE) entered into a Sale and Purchase Agreement (SPA) […]

FPSO Almirante Tamandaré Comes Online in the Pre-Salt Santos Basin

FPSO Almirante Tamandaré Comes Online in the Pre-Salt Santos Basin

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 15.Feb.2025) — The floating production storage and offloading (FPSO) unit Almirante Tamandaré (Búzios 7) — with production […]

Pemex guarantees production from 2025-2030 with Trion, Zama, other projects

Pemex guarantees production from 2025-2030 with Trion, Zama, other projects

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HOUSTON, TEXAS (By Pietro D. Pitts and Fidencio Casillas, Energy Analytics Institute, 15.Feb.2025, Words: 1,400) — State-owned Petróleos Mexicanos‘ overall work plan during 2025-2030 includes […]

Commonwealth Eyes FID in Sep. 2025, First LNG from its 9.5 MTPA Cameron LNG Facility in 1Q:29

Commonwealth Eyes FID in Sep. 2025, First LNG from its 9.5 MTPA Cameron LNG Facility in 1Q:29

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HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 14.Feb.2025) — Commonwealth LNG received a conditional non-free trade agreement (non-FTA) export authorization from the US Department of […]

LNG Alliance affiliate inks MOU for 100 TPA of sustainable hydrogen in Sonora, Mexico

LNG Alliance affiliate inks MOU for 100 TPA of sustainable hydrogen in Sonora, Mexico

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MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 14.Feb.2025) — LNG Alliance Pte Ltd, Singapore affiliate Aslan Energy Capital, signed a Memorandum of Understanding (MOU) […]

Mexico’s Sierra Madre pipeline faces permit hurdles

Mexico’s Sierra Madre pipeline faces permit hurdles

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HOUSTON, TEXAS (Argus, 14.Feb.2025) — Gas supply to Mexico’s largest LNG terminal is in question as security concerns and community opposition threaten the Sierra Madre […]

Petrobras Pre-salt Potential Confirmed with Búzios 9-BUZ-99D-RJS Well

Petrobras Pre-salt Potential Confirmed with Búzios 9-BUZ-99D-RJS Well

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 14.Feb.2025) — Rio de Janeiro-based Petrobras confirmed the presence of oil at 9-BUZ-99D-RJS well, located in the […]

Suburban Propane and NASCAR Unveil Propane-Powered Track Dryer

Suburban Propane and NASCAR Unveil Propane-Powered Track Dryer

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 14.Feb.2025) — Suburban Propane Partners, L.P. joined forces with NASCAR to unveil a propane-powered track dryer at the […]

Petrobras to Pay First Installment of Shareholder Remuneration on 20 Feb. 2025

Petrobras to Pay First Installment of Shareholder Remuneration on 20 Feb. 2025

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 13.Feb.2025) — Petrobras will pay on 20 Feb. 2025 the first installment of shareholder remuneration relating to […]

ExxonMobil’s Payara Celebrates 100 MMbbls of Oil Produced in Just 15 Months

ExxonMobil’s Payara Celebrates 100 MMbbls of Oil Produced in Just 15 Months

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HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 13.Feb.2025) — ExxonMobil Corporation, which operates the Stabroek Block offshore Guyana, celebrated 100 million barrels (MMbbls) of oil […]

Arcadium Lithium Obtains Necessary Approvals Globally to Close Acquisition by Rio Tinto 

Arcadium Lithium Obtains Necessary Approvals Globally to Close Acquisition by Rio Tinto 

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 13.Feb.2025) — Global lithium chemicals producer Arcadium Lithium plc has received all required pre-closing regulatory approvals in connection […]

Equinor to Appeal €4mn Fine from French Energy Regulatory Commission (CRE)

Equinor to Appeal €4mn Fine from French Energy Regulatory Commission (CRE)

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HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 13.Feb.2025) — Equinor plans to appeal the decision of the French Energy Regulatory Commission (CRE), which imposed a […]

Exxon Applies for Longtail Environmental Permits: Reuters

Exxon Applies for Longtail Environmental Permits: Reuters

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PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.Feb.2025) — Spring, Texas-based ExxonMobil Corporation has reportedly applied for environmental permits related to its Longtail development […]

Brava Energia and Trafigura PTE Ink Deal for 6 MMbbls from Atlanta Consortium

Brava Energia and Trafigura PTE Ink Deal for 6 MMbbls from Atlanta Consortium

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BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 13.Feb.2025) — Brava Energia SA and Trafigura PTE inked a deal for the sale of 6 million […]

Mexico’s Sheinbaum says Pemex’ mandate is to produce up to 1.8 MMb/d

Mexico’s Sheinbaum says Pemex’ mandate is to produce up to 1.8 MMb/d

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MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 12.Feb.2025, Words: 585) — Mexico’s president Claudia Sheinbaum Pardo said the principal work plan through 2030 […]

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