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 […]
Category: Latin America and the Caribbean
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 […]
Guyana eyes 10 years of double-digit GDP growth, anchored by rising Stabroek production
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
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
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
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 9.May.2025, Words: 216) — PetrĂłleos Mexicanos (Pemex) has reportedly addressed and contained leaks in the pipeline that […]
Petrobras and Proquigel reach agreement to resolve existing contractual disputes
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
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
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
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
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 […]
Brava Energia terminates divestment plan for onshore and shallow water assets in Bahia
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
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 8.May.2025) — Touchstone Exploration Inc. successfully raised ÂŁ15.375mn ($20.5mn) by way of a private placement of 75,000,000 […]
Trinidad looks towards Grenada and Suriname for energy deals
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
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 EnergĂa Costa Azul (ECA) LNG Phase 1
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
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
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
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 […]
Petrobras’ Anjos: next step around Sirius-2 relates to consultations with Colombia communities
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 6.May.2025, Words: 218) — Plans to move forward development of natural gas resources found in the Sirius-2 […]
ExxonMobil Guyana awaiting completion of onshore power plant to start commissioning gas
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 6.May.2025, Words: 440) — ExxonMobil Guyana, which in Dec. 2024 completed construction of a natural gas […]
Petrobras execs talk Argentina, Bolivia, Brazil, China, and Colombia at OTC media presser
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 6.May.2025, Words: 950) — Petrobras held a special press conference with international press on the sidelines of […]
EP Petroecuador awards tenders to Unipec and Petrochina for 4.32 MMbbls of Napo oil
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 6.May.2025, Words: 125) — EP Petroecuador awarded tenders to the state-owned companies Unipec America Inc. and Petrochina […]
Maduro denounces “terrorist attacks” to Venezuelan electric grid
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 6.May.2025, Words: 171) —  Venezuela’s president Nicolás Maduro Moros denounced what he labeled as terrorist attacks targeting the […]
Ecuador inks 4 export deals for 8.64 MMbbls of Oriente oil with Shell, Petrochina and Trafigura
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 6.May.2025, Words: 210) — EP Petroecuador awarded 4 international tenders for the export of 8.64 million barrels […]
Talos boasts hedges to assure execution of 2025 Capex
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 5.May.2025) — Talos Energy has hedged around 42% of the balance of its 2025 crude oil production […]
Vizsla Silver resumes field work at Panuco silver-gold project in Sinaloa, Mexico
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 5.May.2025) — Vancouver, BC-headquartered Vizsla Silver Corp. resumed all field work activities at its flagship Panuco silver-gold […]
Alliance transforming plastic waste into progress for communities in Panama
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 5.May.2025) — What was once considered waste is now a symbol of hope. This, owing to the […]
TotalEnergies eyes Macaw-1, first of 5 exploration wells offshore Suriname in 2025
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 5.May.2025, Words: 534) — France’s TotalEnergies looks to start drilling the Macaw-1 exploration well in Block 64, located […]
EP Petroecuador to deploy 6 rigs in Orellana and SucumbĂos to boost production by 12,000 b/d
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 5.May.2025) — EP Petroecuador looks to start a new drilling campaign with the simultaneous deployment of 6 […]
Petrobras starts operating the second UPGU module in Rio de Janeiro
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 5.May.2025) — Petrobras said the second module of the natural gas processing unit (UPGN) of the Boaventura […]
FACT SHEET: Southern Energy S.A. (SESA)
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 3.May.2025, Words: 220) — Southern Energy S.A. (SESA) was founded in 2024 with the sole purpose of […]
LatAmNRG heard: Argentina eyes FLNG v onshore LNG plants, Guyana gas
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 2.May.2025, Words: 500) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
Exxon eyes $10bn Yellowtail start-up and Hammerhead FID in 2025
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.May.2025, Words: 257) — Spring, Texas-based ExxonMobil Corporation looks to startup its 250,000 barrel per day (b/d) […]
Venezuela says it will never recognize ICJ jurisdiction regarding the Essequibo
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.May.2025, Words: 322) — Venezuela has “categorically rejected” a statement published on 1 May 2025 by the […]
Exxon reports earnings of $7.7bn in 1Q:25, down versus $8.2bn in 1Q:24
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 2.May.2025) — Exxon Mobil Corporation reported earnings of $7.7bn in the first-quarter 2025 (1Q:25), down compared to $8.2bn […]
Golar inks 2 deals valued at $13.7bn for Southern Energy LNG offshore Argentina
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 2.May.2025, Words: 757) — Golar LNG Limited (GLNG) announced a final investment decision (FID) and fulfillment of […]
RIGI and its importance for Vaca Muerta’s continued development
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 1.May.2025, Words: 406) — Argentina’s new investment incentive regime for large investments, known as RIGI by […]
Chevron CEO Mike Wirth says energy and national security at play in Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.May.2025, Words: 452) — Chevron Corporation CEO Mike Wirth said there were 2 important real implications related […]
Venezuela loses 20% of oil exports after cargo cancellations to Chevron
CARACAS, VENEZUELA (Reuters, 1.May.2025, Words: 388) — Venezuela’s oil exports fell almost 20% to some 700,000 barrels per day (bpd) in April, the lowest level […]
NRGBriefs Apr. 2025: Petrobras oil exports to Asia; Vista 1Q:25 production, Pemex Olmeca restart
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 30.Apr.2025, Words: 6,414) — Energy, finance and project briefs as well as other from the front pages of […]
Pemex debt reaches $101.1bn at the end of the 1Q:25, up 3.5% compared to YE:24
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 30.Apr.2025, Words: 160) — PetrĂłleos Mexicanos’ (Pemex) financial debt reached $101.1bn at the end of the […]
EXIM Bank ranks CH4’s gas-to-energy project in Guyana as “deal of the year”
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 30.Apr.2025, Words: 305) — Puerto Rico-based engineering, procurement, construction (EPC) CH4 Systems received the US Export-Import Bank of the United […]
Pemex reports average crude oil production of 1,615 Mb/d in 1Q:25, down 11.3% YOY
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 30.Apr.2025, Words: 490) — PetrĂłleos Mexicanos (Pemex) reported average crude oil production of 1,615 thousand barrels per […]
Oman’s OQ Trading and Amigo LNG ink 15-year LNG SPA for 0.6 MTPA of Mexican LNG
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 30.Apr.2025) — OQ Trading (OQT), the international energy and commodity trading vehicle of the Oman government, signed […]
Pemex reports massive net loss of $6.8bn in 1Q:25, slight fall in debt to suppliers
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 30.Apr.2025) — PetrĂłleos Mexicanos (Pemex) reported a comprehensive loss of MXN137.6bn Mexican pesos or $6.8bn in the […]
EP Petroecuador inks export deal with Trafigura for 720,000 bbls of Napo oil
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 30.Apr.2025) — EP Petroecuador completed the sale of 720,000 barrels of Napo crude oil to Trafigura Pte […]
Petrobras reports average production of 2.77 MMboe/d in 1Q:25, up 5.4% sequentially
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 29.Apr.2025, Words: 426) — Brazil’s state-owned Petrobras reported average production of crude oil, natural gas liquids, and […]
bp awards Subsea 7 and SLB OneSubsea EPCI contract for Ginger project
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.Apr.2025) — Subsea 7 announced the award of a substantial engineering, procurement, construction, and installation (EPCI) contract by […]
EP Petroecuador declares emergency at Esmeraldas refinery
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.Apr.2025, Words: 187) — EP Petroecuador declared an emergency at the state refinery Esmeraldas on 29 Apr. […]