PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 31.Mar.2025) — Venezuela’s crude oil production was normal at the end of Mar. 2025 and in accordance […]
Category: Latin America and the Caribbean
OFAC revokes M&P’s Venezuela license, grants wind-down until 27 May 2025Â
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 31.Mar.2025) — Paris-based Établissements Maurel & Prom received a notification from the US Department of the Treasury‘s […]
Sempra Infrastructure targets divestment of Ecogas MĂ©xico, other assetsÂ
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 31.Mar.2025, Words: 800) — Sempra affiliate Sempra Infrastructure aims to divest Ecogas MĂ©xico, S. de R.L. […]
Treasury Sanctions 6 Individual and Other Entities with Links with the Sinaloa Cartel
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Mar.2025) — The department of the US Treasury’s Office of Foreign Assets Control (OFAC) designated 6 individuals and […]
NRGBriefs Mar. 2025: bp Egypt, Tokyo Gas’ US shale plans, Exxon Guyana, US on Iran deal
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Mar.2025) — Energy briefs as well as others related to finance and projects during Mar. 2025 including the […]
Bolivia private sector only imported 1.3% of authorized volumes in Mar. 2025
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 30.Mar.2025, Words: 118) — The private sector in Bolivia imported just 600,000 liters of fuel in Mar. […]
YPFB exec. says Mayaya Centro-X1 field holds at least 1.7 Tcf
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 30.Mar.2025) — The Mayaya Centro-X1 field in Bolivia’s northern sub-Andean region in the Madre de Dios basin […]
Mexico to install 5,500 residential solar panels in Baja California in 2025
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 29.Mar.2025) — Mexico’s Federal Electricity Commission (CFE) will install 5,500 photovoltaic rooftop panels on houses in Mexicali, […]
Petrobras Names Aloisio Macário Ferreira de Souza as Board Member
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 28.Mar.2025) — Petrobras appointed Aloisio Macário Ferreira de Souza as a board member, replacing Marcelo Gasparino da […]
Trump Revokes Permits to US, Foreign Oil Firms in Venezuela
HOUSTON, TEXAS (Bloomberg, 29.Mar.2025) — The Trump administration revoked permits and waivers allowing Western energy firms to operate in Venezuela, three people familiar with the […]
LatAmNRG heard: US Navy cruiser offshore Guyana, Pemex CGP incident in CampecheÂ
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Mar.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 28 […]
Trinidad’s MEEI Says Woodside-Perenco Angostura Deal a “Very Positive Development”
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 28.Mar.2025) — Trinidad and Tobago continues to work closely with energy sector stakeholders Woodside Energy and Perenco, […]
Woodside inks deal to divest Greater Angostura assets in Trinidad to Perenco for $206mn
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 28.Mar.2025, Words: 403) — Woodside Energy entered into an agreement with French company Perenco to divest […]
Marco Rubio visits presidents of Guyana and Suriname, sends warning to Maduro
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 27.Mar.2025) — US Secretary of State Marco Rubio visited Guyana and the country’s president Mohamed Irfaan Ali […]
Explainer: New Creditors’ Battle Emerges in Citgo Auction Reboot
HOUSTON, TEXAS (Reuters, 27.Mar.2025) — A U.S. federal judge trying to move ahead with an auction of shares in the parent of Venezuela-owned U.S. refiner […]
Petrobras Ups RNEST’s Processing Capacity with Completion of Works on Train 1
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 27.Mar.2025) — Petrobras completed modernization work on Train 1 of the Abreu e Lima Refinery (RNEST), located […]
CNOOC Limited announces 2024 annual results
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 27.Mar.2025) — CNOOC Limited and 80883 announced 2024 annual results for the year ended 31 Dec. 2024, which […]
bpTT takes Ginger FID, announces success at Frangipani exploration well
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 27.Mar.2025) — bp Trinidad and Tobago (bpTT) achieved 2 major milestones in Trinidad and Tobago: sanctioning the […]
YPFB stress urgency of PRU 2021-2025 and exploratory investments of $1.7bnÂ
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 27.Mar.2025) — Bolivia’s state-owned Yacimientos PetrolĂferos Fiscales Bolivianos (YPFB) is looking to increase its exploration activities in […]
Excelerate to acquire New Fortress Energy’s Jamaica business for $1.1bn [PDF download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 27.Mar.2025, Words: 865) — Excelerate Energy, Inc. entered into a definitive agreement with New Fortress Energy Inc. (NFE) […]
Pemex’ Liquids Plus Condensates Production Just Under Sheinbaum’s 1.8 MMb/d Mandate
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 27.Mar.2025) — State-owned PetrĂłleos Mexicanos (Pemex) is producing just under its 1.8 million barrel per day (MMb/d) […]
US Secretary of State Marco Rubio Meets with High-level Caribbean Officials in Jamaica
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 26.Mar.2025) — US Secretary of State Marco Rubio met with numerous Caribbean officials in Kingston, Jamaica as […]
Venezuela at risk to lose 400,000 b/d and $9.4bn in revenues: Barclays
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 26.Mar.2025, Words: 650) — Secondary tariffs of 25% announced by US president Donald Trump on countries […]
Pemex joins global initiative “zero routine flaring by 2030”
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 26.Mar.2025) — Mexico’s PetrĂłleos Mexicanos (Pemex) formally joined the global initiative “zero routine flaring by 2030.” As […]
Ecuadorian governmental authorities visit Esmeraldas after heavy rains
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 26.Mar.2025) — Authorities with Ecuador’s national government personally visited Esmeraldas after heavy rains there compromised an oil […]
Petrobras Responds to Valor EconĂ´mico’s Braskem Story
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 26.Mar.2025) — Petrobras reiterated that no decision has been made regarding its participation in Braskem. This, after […]
Brava Energia Updates on BTG Pactual WM GestĂŁo de Recursos LTDA Equity Change [PDF Download]
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 26.Mar.2025) — Brava Energia S.A. informed the market regarding the change in the position of BTG Pactual […]
YPF exiting mature conventional holdings, eyes emergence as Vaca Muerta pure play
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 25.Mar.2025) — Argentina’s state-owned YPF SA has embarked on an aggressive divestment plan that will see it […]
TechnipFMC bags $1bn+ iEPCI contract for Shell’s Gato do Mato offshore Brazil
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 25.Mar.2025, Words: 156) — TechnipFMC announced it has been awarded a major integrated Engineering, Procurement, Construction, and Installation […]
Mexico’s Pemex Looks to Diversify Market amid Trump Tariff Threats
MEXICO CITY, MEXICO (Reuters, 25.Mar.2025) — Mexican state energy company Pemex is actively looking to diversify its market for both motor fuel imports and crude […]
Petrobras Responds to Media Reports Around Offshore Vessel Bidding Process
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 25.Mar.2025) — Petrobras, in response to news published in the media about its “R$16 billion bidding process […]
Petrobras Finds Hydrocarbons at Norte de Brava Block Exploration Well
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 24.Mar.2025) — Petrobras found the presence of hydrocarbons in the Campos Basin pre-salt 1-BRSA-1394-RJS exploratory well located […]
Staatsolie raises $211.7mn more than targeted with new bond issue
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 24.Mar.2025, Words: 534) — Suriname’s Staatsolie Maatschappij Suriname N.V. issued a new bond for $515.8mn on 23 […]
OFAC releases GL41B, extends Chevron’s wind down in Venezuela until 27 May 2025
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 24.Mar.2025, Words: 281) — The US Office of Foreign Assets Control (OFAC) issued General License No. 41B […]
Trump to impose 25% tariff on countries that buy oil and gas from Venezuela
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 24.Mar.2025) — US president Donald Trump announced secondary tariffs to be imposed on Venezuela. Trump said on […]
MEEI announces Houston Roadshow 2025 to promote deep water bid round
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 24.Mar.2025, Words: 310) — Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) will be hosting […]
Ecuador’s deputy hydrocarbon minister says 90% of oil spilled in Cube retained
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 23.Mar.2025) — Ecuador’s deputy minister of hydrocarbons Guillermo Ferreira completed an intense work schedule in Esmeraldas, where he […]
COLOMBIA EVENT: Naturgas Congress 9-11 Apr. 2025 in Barranquilla
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 23.Mar.2025) — The Naturgas Congress 2025 is set to take place from 9-11 Apr. 2025 in Barranquilla, Colombia. […]
LatAmNRG heard: service costs in Argentina, Trump eyes Citgo protection, Rubio to Jamaica
HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 21.Mar.2025, Words: 372) — LatAm and other NRG highlights, headlines and “heard on the street,” for the […]
Shell takes FID for Gato do Mato in Brazil’s prolific pre-salt, eyes 2029 start-up of production
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 21.Mar.2025, Words: 398) — Shell plc subsidiary Shell Brasil PetrĂłleo Ltda. has taken the final investment decision […]
Fermaca Dreams to Invest $3.7bn in Digital City Data Center, Green Fertilizer Plant in Durango
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 20.Mar.2025) — Within the framework of Plan Mexico, Mexico’s president Claudia Sheinbaum Pardo announced an investment of […]
Petrobras taps Baker Hughes for fully integrated completions at its offshore fields
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 20.Mar.2025, Words: 313) — Baker Hughes announced a major, multi-year fully integrated completions systems contract with Petrobras. The […]
Petrobras to Make Second Payment of Shareholder Remuneration
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Mar.2025) — Today, Petrobras will make the payment of the second installment of shareholder remuneration relating to the […]
Echo Global Logistics Opens New Office in Mexico City, Mexico
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 20.Mar.2025) — Echo Global Logistics, Inc., a provider of technology-enabled transportation and supply chain management services, revealed […]
Vostock Capital Hosts its LatAm Desalination Congress in Chile: Photo-Video Journal
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 19.Mar.2025) — Santiago, Chile was the host city for Vostock Capital‘s first Latin America desalination congress. Photo highlights […]
Hot Chili Drilling Update – La Verde Cu-Au Porphyry Discovery in Chile
HOUSTON, TEXAS (Philipp Markopulos, Energy Analytics Institute, 19.Mar.2025) — Hot Chili Limited provided an update on continuing drilling operations at the La Verde copper-gold porphyry […]
Iberdrola Mexico teams up with Honda to supply its manufacturing plants with clean energy
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 19.Mar.2025) — Iberdrola Mexico, Iberdrola’s subsidiary in Mexico, signed a power purchase agreement (PPA) with Honda to supply 100% […]
EP Petroecuador declares force majeure after landslide impacts SOTE
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 18.Mar.2025, Words: 326) — EP Petroecuador announced that through Resolution No. PETRO-PGG-2025-0014-RSL that force majeure has officially […]
GoldMining Launches 2025 Exploration Program at SĂŁo Jorge Project in Brazil
HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 18.Mar.2025) — GoldMining Inc. commenced a major exploration program on its 100% owned SĂŁo Jorge project in the […]
Mexico’s Sheinbaum signs decree for 8 secondary energy laws
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 18.Mar.2025, Words: 275) — Within the framework of the 87th anniversary of Mexico’s oil expropriation, Mexico’s […]