Latin America and the Caribbean Archives - Page 5 of 192

Diosdado Cabello says Venezuela “lives off Venezuelans,” not Chevron

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 4.Aug.2025, Words: 209) — The secretary general of the United Socialist Party of Venezuela (PSUV), Diosdado […]

EAI brief: Fitch raises Pemex’ rating B+ to BB with a stable outlook

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 4.Aug.2025, Words: 188) — Last Friday, Fitch Ratings raised Petróleos Mexicanos or Pemex’ rating from B+ […]

bp announces hydrocarbon discovery at Bumerangue exploration well, offshore Brazil

LONDON, UK (By bp, 4.Aug.2025, Words: 529) — bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404km (218 nautical […]

Petrobras concludes transfer of Cherne and Bagre fields to Perenco

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 4.Aug.2025, Words: 271) — State-owned Petrobras concluded the transfer of its 100% participation in the Cherne […]

Brava Energia reports historical production record in Jul. 2025 [tables]

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 4.Aug.2025, Words: 304) — Brava Energia renewed its historical production record in Jul. 2025, reaching […]

EAI brief takeaway: Pemex’ 1.6 MMb/d production falling short, very short

HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 2.Aug.2025, Words: 240) — Claudia Sheinbaum’s vision to see state-owned Petróleos Mexicanos (Pemex) produce up to 1.8 million […]

Chevron reports 2Q:25 results, updates on Hess deal [pdf downloads]

HOUSTON, TEXAS (By Chevron, 1.Aug.2025, Words: 168) — Chevron Corporation reported earnings of $2.5 billion ($1.45 per share – diluted) for second quarter 2025, compared […]

Sheinbaum says “Mexico won,” referring to her phone call with Trump

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 1.Aug.2025, Words: 395) — Mexico’s president Claudia Sheinbaum Pardo said “yesterday, Mexico won,” referring to the […]

ExxonMobil says 4th FPSO offshore Guyana related to Yellowtail arrives next week

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 1.Aug.2025, Words: 236) — ExxonMobil Corporation expects the arrival next week of its fourth floating production, storage […]

ExxonMobil reports strong 2Q:25 results [pdf downloads]

SPRING, TEXAS (By Exxon, 1.Aug.2025, Words: 65) — ExxonMobil Corporation announced second-quarter 2025 (2Q:25) earnings of $7.1bn, or $1.64 per share assuming dilution. Cash flow […]

Chevron’s CEO Mike Wirth expects limited oil flows from Venezuela to the US

HOUSTON, TEXAS (By Ofelia Paredes, Energy Analytics Institute, 1.Aug.2025, Words: 314) — Chevron Corporation CEO Mike Wirth said recent changes will limit the amount of […]

Pemex says CASES has trained 134,338 workers in safety and survival techniques

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 1.Aug.2025, Words: 189) — State-owned Petróleos Mexicanos (Pemex), through its Training Center in Safety, Ecology and […]

Frontera and CGX call on Guyana government to resolve issues around Corentyne block license

CALGARY, AB CANADA (By Frontera, 1.Aug. 2025, Words: 354) — As previously disclosed on 9 May 2025, Frontera and its subsidiaries, Frontera Petroleum International Holding B.V. and […]

Argentina: first review under extended arrangement under fund facility [pdf download]

WASHINGTON, DC (By IMF, 1.Aug.2025, Words: 133) — The new fund-supported program has had a strong start. Appropriately tight fiscal and monetary policies have underpinned […]

Cox buys Iberdrola Mexico for $4.2bn, sets Mexico investment target at $10.7bn for 2025-2030

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 31.Jul.2025, Words: 477) — Cox Energy, involved globally in water and energy management, announced the acquisition […]

EP Petroecuador says Esmeraldas refinery resumes operations

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 31.Jul.2025, Words: 200) — The Esmeraldas refinery has successfully started up its Crude 2 and Vacuum […]

SENER recognizes Cox Energy’s interest in investing in Mexico

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 31.Jul.2025, Words: 310) — As part of the global investments of the energy company Cox Energy, […]

Sheinbaum negotiates plan for Mexico evade Trump’s tariffs for 90 days

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 31.Jul.2025, Words: 181) — Mexico’s president Claudia Sheinbaum Pardo announced that her country has avoided the […]

Washington-Caracas negotiation doors open as US looks to reduce Chinese influence

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 31.Jul.2025, Words: 520) — The doors to negotiations between Washington and Caracas have not closed completely […]

EAI brief: Trinidad’s energy ministers meet with high commissioner from India

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 28.Jul.2025, Words: 165) — The co-heads of Trinidad and Tobago’s Ministry of Energy and Energy Industries […]

Spain’s Iberdrola to divest businesses in Sheinbaum’s Mexico for $4.2bn

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 31.Jul.2025, Words: 275) — Iberdrola announced the sale of businesses in Mexico for $4.2bn (approximately €3.7bn). […]

EAI brief: Iberdrola agrees to sell Mexican businesses for $4.2bn

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 31.Jul.2025, Words: 371) — The transaction responds to expected investment of €55bn in its transmission and […]

Claudia Sheinbaum: Mexico reported GDP growth of 1.2% in the 2Q:25 v 0.6% in the 1Q:25

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 30.Jul.2025, Words: 230) — Mexico’s National Institute of Statistics and Geography (INEGI) established the annualized growth […]

OFAC sanctions Brazilian supreme court justice Alexandre de Moraes

WASHINGTON, DC (By Treasury, 30.Jul.2025, Words: 510) — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning Brazilian Supreme […]

Excelerate ups EBITDA guidance related to New Fortress Energy Jamaica deal [pdf download]

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 29.Jul.2025, Words: 230) — Excelerate Energy, Inc. raised its full year 2025 adjusted EBITDA guidance range […]

Petrobras reports production of 2.9 MMboe/d in 2Q:25 [pdf download]

RIO DE JANEIRO, BRAZIL (By Petrobras, 29.Jul.2025, Words: 357) — Average production of oil, NGL and natural gas was 2.91 MMboed in 2Q:25, 5.0% higher […]

Finland tops annual global mining survey rankings, Ethiopia ranks last

VANCOUVER, BC (By Fraser Institute, 29.Jul.2025, Words: 263) — Finland is the most attractive jurisdiction in the world for mining investment, followed by Nevada and Alaska, according to the Annual […]

Hot Chili says multiple higher-grade centers confirmed in Chile

PERTH, AUSTRALIA (By Hot Chili, 29.Jul.2025, Words: 1,042) — The phase-1 RC drilling program across the La Verde copper-gold porphyry discovery, located 30km south of […]

EAI brief: Costa Fuego and Huasco projects registered for priority status in Chile

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 29.Jul.2025) — Hot Chili Limited said the its Costa Fuego copper-gold project and Huasco water […]

National Observatory of Brazil adopts STRYDE seismic systems for exploration and research

ABERDEEN, SCOTLAND (STRYDE, 29.Jul.2025, Words: 384) — STRYDE, the world’s leading provider of cutting-edge nodal seismic acquisition technology, is proud to announce that the National Observatory […]

Vizsla updates on work at Santa Fé property in Panuco in western Mexico

VANCOUVER, BC (By Vizsla, 29.Jul.2025, Words: 2,900) — Vizsla Silver Corp. announced preliminary results from its recently completed HLEM survey covering the Copala and Napoleon Vein corridors at its flagship Panuco silver-gold […]

EAI brief: LatAm countries and economic growth in 2025/2026 [table]

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 28.Jul.2025, Words: 169) — Argentina, Brazil and Mexico, 3 of the largest economic powers in the […]

Maduro says election victory commences new stage of territorial work

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 28.Jul.2025, Words: 205) — On Monday, 28 Jul. 2025, Venezuela’s president Nicolás Maduro Moros highlighted the […]

Maduro celebrates party win in municipal elections, including Maracaibo in Zulia

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 28.Jul.2025, Words: 289) — Venezuela’s president Nicolás Maduro Moros celebrated the victory of the Bolivarian Revolution […]

Pemex reports 2Q:25 financial and operational results [pdf downloads]

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 28.Jul.2025, Words: 125) — Petróleos Mexicanos (Pemex) reported its financial and operating results for the second-quarter […]

IMF and “tenuous resilience amid persistent uncertainty” [pdf download]

WASHINGTON, DC (By IMF, 28.Jul.2025, Words: 292) — Global growth is projected at 3% for 2025 and 3.1% in 2026, the International Monetary Fund (IMF) […]

White House gives Chevron green light to resume oil production in Venezuela: Politico

WASHINGTON, DC (By Politico, Ben Lefebvre and Isa Domínguez, 28.Jul.2025, Words: 167) — The Trump administration will allow U.S. energy giant Chevron to resume production […]

Petrobras updates distributors on natural gas prices

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 28.Jul.2025, Words: 315) — In accordance with contracts agreed upon by state-owned Petrobras and distributors, the sale […]

Chevron to transfer interest in Hess Toy Truck LLC in Apr. 2026

HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 28.Jul.2025, Words: 533) — Effective as of 1 Apr. 2026, Chevron USA is expected to cause the […]

John B. Hess appointed to Chevron Corporation board

ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 28.Jul.2025, Words: 342) — The board of directors of Chevron Corporation appointed John B. Hess as a […]

Mexico’s president Claudia Sheinbaum boasts 80% approval rating, according to Enkoll poll

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 28.Jul.2025, Words: 195) — Claudia Sheinbaum Pardo boasts an 80% approval rating in her first 10 […]

Maduro: the cradle of the liberators of the Americas “does not depend on anyone”

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 27.Jul.2025, Words: 210) — Amid municipal elections in Venezuela, the country’s president Nicolás Maduro Moros emphasized […]

Marco Rubio says US standing with the Venezuelan people

WASHINGTON, DC (By US Secretary of State, 27.Jul.2025, Words: 194) — One year since dictator Nicolás Maduro defied the will of the Venezuelan people by baselessly […]

Maduro says Venezuela does not need licenses to produce oil

HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 25.Jul.2025, Words: 192) — Venezuela’s president Nicolás Maduro Moros said his country does not need a […]

EP Petroecuador resumes SOTE operations in Ecuador

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 25.Jul.2025, Words: 197) — EP Petroecuador completed construction of the Trans-Ecuadorian Pipeline System (SOTE) bypass in […]

Eni eyes Argentina LNG Phase 3 FID by 1Q:26, Eni’s DG Guido Brusco says

BOGOTA, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 25.Jul.2025, Words: 376) — Itay’s Eni looks to take a final investment decision (FID) regarding its Argentina […]

US maximum pressure strategy on Venezuela “is circumstantial and unsustainable”

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 25.Jul.2025, Words: 297) — Any citizen expects their government to develop pragmatic strategies that benefit their […]

Trinidad’s MEEI responds to fire at Ramco Industries facility in San Fernando

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 25.Jul.2025, Words: 394) — Four employees at Ramco Industries Limited’s facility in San Fernando sustained injuries […]

Eni reports results: 2Q:25 and 1H:25 [pdf download]

SAN DONATO MILANESE, ITALY (By Eni, 25.Jul.2025, Words: 291) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the […]

US Treasury sanctions Venezuelan cartel headed by Maduro: OFAC

WASHINGTON, DC (By OFAC, 25.Jul.2025, Words: 960) — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the Cartel de los Soles (a.k.a. Cartel […]