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 […]
Category: Latin America and the Caribbean
Petrobras Selects SBM Offshore for FPSO Carbon Capture Solution
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
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
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
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
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
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 15.Feb.2025) — The floating production storage and offloading (FPSO) unit Almirante TamandarĂ© (BĂşzios 7) — with production […]
Pemex guarantees production from 2025-2030 with Trion, Zama, other projects
HOUSTON, TEXAS (By Pietro D. Pitts and Fidencio Casillas, Energy Analytics Institute, 15.Feb.2025, Words: 1,400) — State-owned PetrĂłleos Mexicanos‘ overall work plan during 2025-2030 includes […]
LNG Alliance affiliate inks MOU for 100 TPA of sustainable hydrogen in Sonora, Mexico
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 14.Feb.2025, Words: 260) — LNG Alliance Pte Ltd, Singapore affiliate Aslan Energy Capital, signed a Memorandum […]
Mexico’s Sierra Madre pipeline faces permit hurdles
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 BĂşzios 9-BUZ-99D-RJS Well
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 […]
Petrobras to Pay First Installment of Shareholder Remuneration on 20 Feb. 2025
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
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 […]
Exxon Applies for Longtail Environmental Permits: Reuters
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
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 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 […]
Intradeco Completes Phase 2 Solar Energy Investment in Apopa in El Salvador
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 12.Feb.2025) — Intradeco Holdings, a global vertical manufacturing group, completed Phase 2 of its strategic investment through […]
Kootenay Reveals Drill Results from Columba Project Chihuahua, Mexico
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 12.Feb.2025) — Kootenay Silver Inc. provided results from 11 new drill holes at the Columba high grade silver […]
SMC Global Establishes SMC Argentina as Part of LatAm Expansion
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 11.Feb.2025) — SMC Global announced further expansion into Latin America with establishment of SMC Argentina. This follows […]
Guyana Issues Statement Regarding Corentyne Block License with CGX and Frontera
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 11.Feb.2025) — The government of Guyana has informed joint venture (JV) partners CGX Energy Inc. and Frontera […]
Mexican developers eye Coatzacoalcos II small-scale LNG in Veracruz
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 11.Feb.2025, Words: 1,580) — Two Mexican companies — Casarve Servicios, S.R.L. and Comercializadora Aqualita, S.A. — have […]
Mexico’s Carlos Slim says ‘Complicated’ Deepwater Gas Project Being Evaluated
MEXICO CITY, MEXICO (Reuters, 10.Feb.2025) — Mexican billionaire investor Carlos Slim said his team is reevaluating a deal inked with state oil company Pemex to […]
New Pacific Metals Sets Bolivia Budget at $8mn in 2025
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Feb.2025) — New Pacific Metals Corp. outlined its 2025 plans for its operations in Bolivia where the company […]
Trinidad Energy Minister Says Offshore Wind Key Driver Towards Green Hydrogen Economy
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 10.Feb.2025) — Trinidad and Tobago’s Minister of Energy and Energy Industries Stuart Young said offshore wind has […]
CERAWeek by S&P Global Houston, 10-14 Mar. 2025
HOUSTON, TEXAS (S&P Global, 10.Feb.2025) — The 43rd annual gathering of CERAWeek by S&P Global—the world’s preeminent energy conference—will convene energy industry leaders, experts, government officials […]
Brava Energia Inks Deal with Consortium to Divest 11 Concessions in Rio Grande do Norte
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Feb.2025) — Brava Energia S.A. and the consortium formed by Azevedo e Travassos PetrĂłleo S.A. (A&T) and Petro-Victory […]
Trump’s Oil Tariffs on Canada and Mexico to Significantly Impact Crude Flows
LONDON, ENGLAND (Wood Mackenzie, 6.Feb.2025) — US oil tariffs on Canada and Mexico would initiate a significant shift in crude flows in North America as […]
Petrobras and Régia Allocate R$50mn Each to Establish Petrobras Bioeconomy Fund
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 6.Feb.2025) — Petrobras is allocating R$50mn to establish an Impact Fund for Bioeconomy and Nature-Based Solutions Socio-Environmental […]
TotalEnergies’ CEO PouyannĂ© Says Brazil at Top of Portfolio in Terms of CFFO
HOUSTON, TEXAS (Energy Analytics Institute, 5.Feb.2025) — TotalEnergies chairman and CEO Patrick PouyannĂ© said Brazil is poised to become the number 1 country in the […]
Ecopetrol Closes Purchase of Repsol’s 45% Interest in Block CPO-09 for $452mn
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 5.Feb.2025) — Ecopetrol S.A. successfully completed the transaction with Repsol Colombia Oil & Gas Limited to purchase the remaining […]
TotalEnergies Says Gas Market to Remain in Tension in 2025
HOUSTON, TEXAS (Energy Analytics Institute, 5.Feb.2025) — TotalEnergies expects the gas market to remain tense in 2025 owing to “very limited expected capacity additions related […]
Colombia’s Petro Calls for Sale of Ecopetrol Fracking Operations in US
BOGOTA, COLOMBIA (Luis Jaime Acosta, Reuters, 4.Feb.2025) — Colombian President Gustavo Petro on Tuesday called for the sale of state oil firm Ecopetrol‘s fracking operations in the […]
YPF Divests YPF Brasil to Brazilian Companies for $2.3mn
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 3.Feb.2025) — YPF S.A. completed the sale of all the shares of its Brazilian subsidiary YPF Brasil […]
Exxon Selects Baker Hughes for Chemicals Services for Uaru and Whiptail Developments
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 3.Feb.2025) — Baker Hughes revealed a significant award from ExxonMobil Guyana to provide specialty chemicals and related […]
Petrobras Receives Earnouts for Sépia and Atapu Blocks and Baúna Field
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Feb.2025) — Petrobras received contingent payment installments (earnout) this week for R$2.161bn from the partners of the SĂ©pia […]
Petrobras reported natural gas sales of 50 MMcm/d in 2024
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 3.Feb.2025) — Petrobras reported average natural gas sales of 47 million cubic meters per day (MMcm/d) in […]
COFECE Clears SilverCrest’s Deal with Coeur Mining, Inc.
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 3.Feb.2025) — SilverCrest Metals Inc. received the clearance decision from the ComisiĂłn Federal de Competencia EconĂłmica (COFECE) […]
Sheinbaum Says Trump’s Tariffs to Impact Mexico and the US
MEXICO CITY, MEXICO (Fidencio Casillas and Pietro D. Pitts, Energy Analytics Institute, 2.Feb.2025) — The 25% tariff proposed by US President Donald Trump on all […]
Ecopetrol Board Approves Senior Management Changes
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Feb.2025) — The Board of Directors of Ecopetrol S.A. approved adjustments to its organizational structure on 31 Jan. […]
Trudeau Says Canada Ready with “Forceful and Immediate Response” to Trump Tariffs
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Canada’s Prime Minister Justin Trudeau said the country was ready to respond to tariffs of 25% […]
NRGBriefs Jan. 2025: Golden Pass LNG, Chevron CEO on Argentina growth
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Energy briefs as well as others related to finance, economics, politics, and projects during Jan. 2025 […]
Sheinbaum says Mexico has a Plan A, Plan B and Plan C if Trump imposes tariffs
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025, Words: 695) — Mexico’s president Claudia Sheinbaum Pardo said her country continues to maintain dialogue with officials from […]
Staatsolie issues new dollar and euro bond as it eyes $2.4bn stake in GranMorgu
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 31.Jan.2025, Words: 440) — Staatsolie Maatschappij Suriname N.V. launched a new bond to raise at least $250mn and […]
Petrobras Receives R$1.025bn Contingent Payment from Petro Rio
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Petrobras received R$1.025bn in a contingent payment (earnout) related to the oil barrel price for the […]
ExxonMobil eyes Yellowtail development startup Offshore Guyana in 3Q:25
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — ExxonMobil Corporation expects the startup of the 250,000 barrel per day (b/d) Yellowtail development in the […]
Chevron Starts Several Projects in the Gulf of America [PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Chevron Corporation reported earnings of $3.2bn in the fourth-quarter 2024 (4Q:24) compared with $2.3bn in the […]
Exxon Eyes Production of 5.4 MMboe/d in 2030, Aided by Permian and Guyana Volumes
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 31.Jan.2025) — ExxonMobil Corporation has an eye on boosting upstream production to around 5.4 million barrels per […]
Exxon Mobil Reports 4Q:24 Earnings of $7.6bn [PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Exxon Mobil Corporation announced fourth-quarter 2024 earnings of $7.6bn, or $1.72 per share assuming dilution. Cash […]
YPF Completes 100% Acquisition of Shares and Capital Stock of Mobil Argentina for $327mn
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 30.Jan.2025) — YPF S.A. completed the 100% acquisition of the shares and capital stock of Mobil Argentina […]
Petrobras Cancels 155,468,500 Preferred Shares Issued and Held in Treasury
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 29.Jan.2025) — The Board of Directors of Petrobras canceled all 155,468,500 preferred shares issued by the company […]