Latin America and the Caribbean Archives - Page 14 of 194

Staatsolie inks deals for $1.6bn syndicated credit facility for GranMorgu

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 23.May.2025, Words: 578) — Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) and African Export-Import Bank (Afreximbank), […]

US plans Chevron license for minimum maintenance in Venezuela, Bloomberg reports

BENGALURU, INDIA (Reuters, 23.May.2025, Words: 215) — U.S. President Donald Trump’s administration is preparing to issue a narrowly tailored license to Chevron, allowing the company […]

Petrobras inks agreement with Proquigel to resolve disputes

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 22.May.2025, Words: 171) — Petrobras signed an agreement with Unigel subsidiary Proquigel to resolve existing contractual disputes and […]

Sheinbaum says historic 1Q:25 FDI of $21.4bn shows investor confidence in Mexico

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 22.May.2025, Words: 400) — Foreign direct investment (FDI) in Mexico reached a historic maximum level of $21.4bn […]

Trinidad inks partnership with Guyana, seeks the same with Grenada

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 22.May.2025, Words: 163) — Officials from Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) have […]

Atlas secures $510mn in financing for Estepa hybrid solar and battery storage project in Chile

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 22.May.2025, Words: 237) — Atlas Renewable Energy secured $510mn in financing for the landmark Estepa hybrid solar and […]

Marco Rubio says Chevron license in Venezuela to expire on 27 May 2025

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 21.May.2025, Words: 92) — US Secretary of State Marco Rubio downplayed rumors that the US would extend a […]

Datanalisis’ Vicente Leon comments on Washington-Caracas talks, Chevron wind-down

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 21.May.2025, Words: 280) — Datanalisis president Luis Vicente León said it was unclear when oil licenses […]

Ecopetrol to buy portfolio of up to 1,300 MW of solar and wind energy projects in Colombia

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 21.May.2025, Words: 256) — Colombia’s Ecopetrol S.A. executed an asset purchase agreement with Statkraft European Wind […]

US retains spot as world’s largest LNG exporter

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 21.May.2025, Words: 349) — The US remained the largest LNG exporter in 2024 with a total of 88.4 […]

Borr eyes ramp-up in activity, collects $120mn in outstanding receivables from Mexico

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 21.May.2025, Words: 302) — Borr Drilling Limited averaged 16 active rigs out of its 24-rig fleet during […]

Pemex reveals restructuring details, plans to cut 2,964 employees [pdf download]

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 21.May.2025, Words: 165) — Mexico’s state-owned Petróleos Mexicanos’ (Pemex) revealed deals about its restructuring and savings to come from […]

Norway’s Statkraft inks deal to divest Enerfín Colombia to Ecopetrol

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 21.May.2025, Words: 260) — Statkraft, Europe’s largest renewable energy producer, signed an agreement to sell Enerfín Colombia, […]

US set to extend Chevron’s lifeline in Venezuela another 60 days amid negotiations

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.May.2025, Words: 209) — Chevron Corporation, which has operated in Venezuela for the greater part of 100 […]

Pemex boasts process promoting ethical culture and fighting corruption

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 20.May.2025, Words: 220) — Petróleos Mexicanos (Pemex) ranked third among Mexico’s largest companies with the best […]

EP Petroecuador shipped over 926 million gallons of fuel in the 1Q:25

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 19.May.2025) — Between Jan.-Mar. 2025, EP Petroecuador distributed over 926 million gallons of fuels to domestic market […]

Petrobras contributed R$65.7bn to Brazilian government during 1Q:25 [PDF download]

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 19.May.2025, Words: 163) — Brazil’s oil and gas giant Petrobras reported a R$65.7bn contribution for the Brazilian government […]

Delcy Rodríguez says measures against PDVSA have generated $232bn in losses

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 18.May.2025, Words: 183) — Venezuela’s executive vice president and hydrocarbon minister Delcy Rodríguez said unilateral coercive measures […]

CRP takeover by the Chinese: this is not a “cuento chino” or “Chinese tale” [charts attached]

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 17.May.2025, Words: 528) — This is not a “cuento chino” or “Chinese tale” starring Argentine actor […]

Remittances to Mexico top $64bn in 2024, represent 3.5% of GDP

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 16.May.2025, Words: 175) — Remittances sent to Mexico exceeded $64bn in 2024, up slightly compared to 2023, […]

LatAmNRG heard: China-Russia-Venezuela, Rubio on Cuba, Mexico Pacific new CEO

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.May.2025, Words: 651) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]

ExxonMobil eyes 950,000 b/d this year offshore Guyana when fourth FPSO comes online

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 16.May.2025, Words: 306) — ExxonMobil Guyana Limited, which is producing around 650,000 barrels per day (b/d) […]

Touchstone closes purchase of Shell Trinidad Central Block Limited (STCBL)

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 16.May.2025, Words: 227) — Calgary-based Touchstone Exploration Inc. successfully closed the previously announced acquisition of 100% of […]

Light Energia reveals final results, expiration of cash tender offer

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 16.May.2025, Word: 261) — Light Energia S.A., a wholly-owned subsidiary of Light, a publicly held corporation headquartered in […]

EAI’s 2Q:25 NRG Prospector: “Dissecting Y-P-F” [28-pg emag download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.May.2025, Words: 8,000) — Download Energy Analytics Institute‘s 28-page special report on state-owned YPF SA titled Dissecting Y-P-F. […]

CFE says Mexicali Oriente Internal Combustion Plant starts commercial operations

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 15.May.2025, Words: 322) — The Mexicali Oriente Internal Combustion Plant (CCI), located in the state of Baja […]

Perenco finds more gas in Onyx field offshore Trinidad

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 15.May.2025, Words: 624) — Perenco T&T Limited successfully drilled the Onyx well and sidetrack in the eastern […]

GEODIS and Prologis launch rooftop solar project in Mexico to power sustainable logistics

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 15.May.2025, Words: 297) — GEODIS, in collaboration with Prologis, activated a 619-kilowatt (kWDC) rooftop solar installation at […]

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

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

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

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

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

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

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 […]

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

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

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

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. […]

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

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 […]

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

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 […]

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

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

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

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

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

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

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 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

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

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

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

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 […]