Panama Archives - Energy Analytics Institute (EAI)

PRESS DIGEST 27 JUL 2026: ECA LNG; Port Arthur LNG; Talos’ MEX farm-in with Repsol

CARACAS, VENEZUELA (By Energy Analytics Institute, 27.Jul.2026, Words: 425) — The following briefs span company details on Expand Energy Corporation, Twin Eagle, Sempra Infrastructure, Talos Energy, Repsol, Transport Credit Guarantee Fund (Fongat) and Bladex, among others. The briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) […]

S&P Global Ratings upgrades Bladex to ‘BBB+’

PANAMA CITY, PANAMA (By Bladex, 22.Jun.2026, Words: 258) — Bladex announced S&P Global Ratings raised its long-term issuer credit rating to ‘BBB+’ from ‘BBB’ and affirmed its short-term issuer credit rating at ‘A-2’. The outlook on the long-term rating is stable. At the same time, the agency upgraded the Bank’s […]

Franco-Nevada says Cobre Panamá project in P&SM

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 12.May.2026, Words: 331) — Franco-Nevada said the Cobre Panamá project remains in a phase of preservation and safe management (“P&SM”) with production halted. As part of the P&SM plan approved by the Panamanian government, import of energy supplies commenced and Cobre Panamá’s […]

ANALYSIS: PetroCaribe 2.0? Venezuela, Delcy and the future of oil diplomacy in the Caribbean

HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 12.May.2026, Words: 2087) — As Caracas courts Caribbean partners again — signaled most recently by a new deal with Barbados — Venezuela’s interim leader Delcy Rodríguez appears to be testing the waters for a PetroCaribe reboot. But any “PetroCaribe 2.0” will operate […]

PRESS DIGEST 21 APR. 2026: Nuvei in MEX; Bladex in debt mkt in MEX

MONTERREY, MEXICO (By editors with Energy Analytics Institute, 21.Apr.2026, Words: 380) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond and span company details on Nuvei, Bladex, among others. Energy Analytics Institute (EAI) has not verified all of these stories […]

Fact sheet: Cemex divests varied assets from Colombia to Panama between 2024-2026

MONTERREY, MEXICO (By Isaac Silvestre and Fidencio Casillas, Energy Analytics Institute, 17.Mar.2026, Words: 467) — Cemex has divested assets in varied countries between 2024 and 2026 to-date spanning Colombia, Panama, the Dominican Republic, the Philippines and Guatemala, and to varied companies from Holcim Group to Grupo Estrella among other companies as […]

EAI brief: US on “reassertion and enforcement” of Monroe Doctrine [pdf download]

HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 4.Dec.2025, Words: 120) — The US government under president Donald Trump laid out its national security strategy, which shines light on its military build up in the Caribbean, among other actions under Trump 2.0. “After years of neglect, the United States will reassert […]

EAI brief: Colombian tanker Authenticity listed in the Orinoco River channel

BOGOTA, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 8.Nov.2025, Words: 356) — Earlier on 8 Nov. 2025, a maritime accident occurred near mile 1.92 in the Matanzas sector of the Orinoco River navigation channel. This, according to reports in the daily Venezuelan newspaper Correo del Caroní. In 2020, the ship, formerly […]

Franco-Nevada’s Cobre Panama remains in P&SM with production halted

ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 3.Nov.2025, Words: 228) — Franco-Nevada‘s Cobre Panama remains in a phase of preservation and safe management (P&SM) with production halted. Following the approval of the P&SM plan in May 2025 by the government of Panama, through the Ministry of Commerce and Industries (MICI), […]

EAI brief: Franco-Nevada reports record quarterly results

ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 3.Nov.2025, Words: 266) — Franco-Nevada‘s record quarterly results benefited from a combination of higher gold prices, strong operations, new acquisitions and the sale of Cobre Panama copper concentrate stockpiles. “Our acquisition of six meaningful new gold interests over the last 18 months has […]

EAI NRG Dashboard 13 Oct. 2025 [free pdf download]

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 13.Oct.2025, Words: 2,000) — The Energy Analytics Institute (EAI) NRG Dashboard — a most read for investors, students, academics and energy executives among others interested or already following the Latin America and Caribbean (LAC) region energy sector in particular and the global energy […]

Bladex leads syndicated supporting Cemento Panam’s expansion in Panama

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 7.Oct.2025, Words: 197) — Bladex announced the successful closing of a syndicated loan totaling $206mn in favor of Cemento Panam to finance the acquisition of CEMEX‘s operations in Panama. The 7-year term loan, structured and initially fully underwritten by Bladex, included […]

Bladex launches inaugural $200mn AT1 notes offering, attracting strong investor demand

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 12.Sep.2025, Words: 366) — Bladex successfully priced its inaugural Additional Tier 1 (AT1) capital offering in the international markets, raising $200mn. The perpetual, non-cumulative instruments, with an initial call date set for 7 years, were priced at a 7.50% coupon and attracted […]

Franco-Nevada in P&SM phase of Cobre Panama with production halted

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 11.Aug.2025, Words: 337) — Franco-Nevada Corporation said that Cobre Panama remains in a phase of preservation and safe management (P&SM) with production halted. First Quantum Minerals Ltd. has been working with the government of Panama and the ministry of commerce and industry (MICI) […]

US Marines join Panamanian security institutions for combined security cooperation

PANAMA CITY, PANAMA (By US Southern Command, 10.Aug.2025, Words: 305) — US Marines assigned to the 2nd Battalion, 2nd Marines, based out of Camp Lejeune, NC, arrived in Panama the first week of August 2025 as part of a combined effort to conduct training, strengthen bilateral security cooperation, and build […]

TotalEnergies expands LatAm partnership with AES from LNG to renewable energy

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 2.Jul.2025, Words: 475) — TotalEnergies closed its acquisition of a 50% stake in the solar, wind and battery energy storage systems (BESS) portfolio of AES Dominicana Renewables Energy. This deal follows TotalEnergies’ 2024 acquisition of a 30% share in AES solar and battery assets currently under […]

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 joint efforts of Banco Latinoamericano de Comercio Exterior, S.A. (Bladex), the Panama Canal, and the Botellas de Amor Foundation, to create a new pedestrian bridge […]

CPKC and Lanco Group/Mi-Jack sell Panama Canal Railway Company to APM Terminals

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.Apr.2025) — Canadian Pacific Kansas City Limited, together with Lanco Group/Mi-Jack, sold the Panama Canal Railway Company (PCRC) to APM Terminals, a global terminal operator and an independent division of A.P. Moller – Maersk. PCRC provides ocean-to-ocean freight and passenger services along […]

Panama Chamber of Commerce Readies for 5 Events, Including the Int’l Electric Expo

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 25.Feb.2025) — The Chamber of Commerce, Industries and Agriculture of Panama (CCIAP) expects to receive 15,000+ visitors at its 5 specialized fairs between 25-27 Mar. 2025 at the Panama Convention Center. The fairs groups EXPOCOMER, EXPO LOGÍSTICA PANAMA, EXPO TURISMO INTERNACIONAL, EXPO […]

Bladex and Finanzauto Close ESG Loan for $53mn and COP60,000mn Respectively

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 22.Jan.2025) — Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) successfully closed a US dollar and Colombian peso syndicated loan for $53mn and COP60,000mn, respectively, for Finanzauto S.A. BIC, a Colombian automotive finance company with a strong commitment to sustainable economic development. The […]

TotalEnergies enters strategic partnership with Terpel Panama

PANAMA CITY, PANAMA (By Aaron Simonsky, Energy Analytics Institute, 19.Dec.2024, Words: 140) — TotalEnergies Marketing USA, Inc.‘s Central America division and Terpel Panama sealed a strategic partnership for the commercialization of TotalEnergies’ innovative lubricants product portfolio. This deal will see TotalEnergies’ products reach a wider audience and increased availability at Terpel’s […]

IEA: Shipping Route Interruptions in 3Q:24

(International Energy Agency, 18.Oct.2024) — The strong momentum behind LNG project development continued in 2024 even with no US projects reaching final investment decision Since Russia’s full-scale invasion of Ukraine, over 150 bcm per year of LNG liquefaction capacity has been approved. The United States alone accounted for 75% of […]

Exmar Updates on Panama Canal Delays in 3Q:23 Results [PDF Download]

(Exmar, 10.Nov.2023) — The Executive Committee of EXMAR NV reported its third quarter results of 2023, including comments on delays crossing the Panama Canal, BW Tokyo and Tango FLNG. _________________

Franco-Nevada Reports 3Q:23 Results

(Franco-Nevada, 8.Nov.2023) — “Our core precious metal assets anchored the quarter, resulting in increased revenue and earnings over the prior year period,” stated Paul Brink, CEO. We are looking forward to added precious metal contributions from a number of new mines in 2024 and, in particular, from the Tocantinzinho stream […]

MPC Energy on Developments in Panama and El Salvador

(MPC Energy, 31.Jul.2023) — MPC Energy Solutions (MPCES, Company) announced its H1 2023 results today. MPCES generated 40.4 GWh of electricity from its power-generating projects in the first six months of 2023, corresponding to USD 3.5 million in revenues and USD 2.3 million EBITDA. The total revenue and EBITDA, including the Company’s trading activities […]

LatAm Politics Today from Argentina to Peru

(Reuters, 23.Dec.2022) — The latest in Latin American politics today: ex-ministers in Peru recount Castillo’s dramatic final day, U.S. court rejects Maduro ally’s bid to dismiss charges, CEO of Brazil’s Petrobras to resign before end of April, and Panama aims to reach ‘fair’ deal with miner First Quantum. Argentine president […]

NRGBriefs: ANH Eyes 17th Bid Round

(Energy Analytics Institute, 6.Oct.2021) — Energy briefs including Brazil’s ANP holding its 17th bid round; Ecuador’s oil production holding steady; Panama’s Generadora Gatún natural gas power plant expecting to start providing electricity in 2024; and more. LATIN AMERICA AND CARIBBEAN Brazil — Brazil’s ANP will hold its 17th Round of […]

Panama Reveals Plans For $1bn Gas Plant

(Reuters, 1.Jun.2021) — Panama’s President Laurentino Cortizo announced on Tuesday the construction of a $1 billion plant for electricity generation using natural gas as the Central American country seeks to increase its share of cleaner energy. Called Gatun, the plant will be located at Isla Telfers near the port of […]

Panama Canal Begins Transition To Become Carbon Neutral By 2030

(Panama Canal Authority, 26.Apr.2020) — The Panama Canal launched its process of decarbonizing its operations, with aims of becoming carbon neutral by 2030. “We at the Panama Canal are committed to sustainability, and therefore are laying the foundation, creating the tools, and identifying the changes needed to achieve efficiencies that […]

Panama Canal Sets LNG Transite, Tonnage Record

(Panama Canal Authority, 3.Feb.2021) — The Panama Canal set a new monthly record for transits and tonnage of liquefied natural gas (LNG) vessels in January, which shows its capacity to respond to the demand of this segment, as a result of the recent surge in the energy market. In January, […]

Panama Canal LNG Vessel Bottleneck Could Go Months

(Reuters, 14.Jan.2021) — Congestion delaying LNG shipments via the Panama Canal is expected to last through the peak demand winter months, traders close to the situation said, although the canal’s regulator said it had made changes to speed up transit. The price of liquefied natural gas (LNG) and shipping rates […]

Greenwood Energy Acquires Colombia-based 2C POWER

(Libra Group, 28.Sep.2020) — Greenwood Energy Latinoamérica, the Latin American renewable energy subsidiary of the Libra Group, has acquired Colombia-based 2C POWER, a developer-operator that builds and finances sustainable energy solutions for commercial and industrial clients. The consolidated company will henceforth trade as Greenwood Energy (www.greenwood.energy) and will develop, install, […]

LNG Vessel Completes 10,000th Neopanamax Transit At Panama Canal

(Panama Canal Authority, 11.Aug.2020) — The Panama Canal welcomed the 10,000th Neopanamax vessel through the Expanded Canal on Monday, marking a new milestone for the nearly 106-year waterway and its growing liquefied natural gas (LNG) segment. The milestone transit was completed by LNG vessel SK Resolute travelling southbound from the […]

First Quantum Eyes Stake Sale In Panama Mine

(Reuters, 24.Mar.2020) — Miner First Quantum Minerals FM.TO is considering selling a minority stake in its flagship Cobre Panama copper mine to reduce debt, two banking sources familiar with the discussions said. First Quantum’s possible move comes as global miners scramble to bolster finances strained by the coronavirus pandemic, which […]

Minerva Bunkering Acquires CEPSA Panama SA

(Minerva, 17.Dec.2019) — Minerva Bunkering (Pte) Ltd purchased 100% of the share capital of CEPSA Panama SA from Compañía Española se Petróleos, S.A for an undisclosed amount. “As one of the shipping industry’s great transit points, Panama is another key location where Minerva can add value to its customer base […]

OFAC Adds Six Vessels To List

(Piero Stewart, Energy Analytics Institute, 3.Dec.2019) — The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) add six vessels to its SDN list as of 3 Dec. and as follows. — ICARO Crude Oil Tanker Panama flag; Vessel Registration Identification IMO 9038842 (vessel) [Venezuela-EO13884] (Linked To: PDVSA). […]

OPEC Releases MOMR With Data Thru Feb. 2019

(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) — OPEC announced publication of its Monthly Oil Market Report (MOMR) as of 14 March 2019 with details on producers in Latin America and the Caribbean from Venezuela, Ecuador, Brazil, Colombia, and Mexico. *** © Energy Analytics Institute (EAI)

Venezuela’s Crisis: This Is Not About Politics Or Oil

LatAmNRG Briefs: Argentina, Chile, Ecuador, Jamaica, Panama, Peru

New Rules At Panama Canal Expected To Boost U.S. LNG Industry

(Houston Chronicle, Sergio Chapa, Staff writer 30.Nov.2018) — New rules allowing a greater number of liquefied natural gas tankers to pass through the Panama Canal per day are expected to boost the development of the multibillion dollar industry along the U.S. Gulf Coast. The rules went into effect in October. […]

Oceaneering Resumes Subsea Load-Outs At Panama City Facility

(Oceaneering, 8.Nov.2018) — Oceaneering International, Inc. provided an operations update on its manufacturing facility in Panama City, Florida and its recovery from Hurricane Michael. “Exceeding our own expectations, production activities at our Panama City facility have resumed. Subsea hardware load-outs are in progress, and umbilical deliveries are scheduled to begin […]

Panama, US To Sign Pact To Expand Access To LNG

(Reuters, David Lawder, 17.Aug.2018) – Panama on Friday will sign an agreement with the U.S. Treasury and Energy departments aimed at paving the way for more private investment to expand the importation and distribution of U.S. liquefied natural gas in Latin America. David Malpass, Treasury undersecretary for international affairs, said […]

FDI in LAC Region Falls for Third Straight Year

(Energy Analytics Institute, Ian Silverman, 12.Jul.2018) – Foreign Direct Investment (FDI) in Latin America and the Caribbean fell for a third straight year in 2017, reported the Economic Commission for Latin America and the Caribbean or CEPAL by its Spanish acronym. The details were revealed in CEPAL’s annual report titled […]

VTTI Announces Acquisition in Panama

(VTTI B.V., 25.Jan.2017) – VTTI B.V., an independent provider of energy storage, announced an acquisition of a 230,000 m3 facility in Panama, resulting in a joint venture between VTTI and Global SLI. This deal sees VTTI take a 75% interest in PetroAmerica Terminal, S.A. (PATSA), a terminal strategically located on […]

AES Awarded Panama’s First Gas-Fired Plant

(AES Corporation, 11.Sep.2015) – AES Corporation announced that its subsidiary, Gas Natural Atlantico S. de R.L., won a competitive bid process conducted by the Electric Transmission Company, SA (ETESA), the state’s electric transmission company, to supply 350 MW of new capacity. The project will include the construction of a 350 […]