HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 26.Feb.2025) — Zachry Holdings, Inc. (ZHI) said the U.S. Bankruptcy Court for the Southern District of Texas confirmed […]
Category: USA
Ovintiv Eyes Production of 595,000-615,000 boe/d in 2025 with Montney Leading the Way
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 26.Feb.2025) — Ovintiv Inc. revealed its full year 2025 capital program of $2.15bn-$2.25bn, which is expected to deliver […]
bp resets business strategy
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 26.Feb.2025) — UK energy giant bp introduced a fundamentally reset strategy, with significant capital reallocation, and plans to […]
Texas’ ExxonMobil Logical Candidate to Buy Targa, According to East Daley
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 26.Feb.2025) — Texas-based ExxonMobil Corporation is a logical candidate to acquire Targa, as it currently supplies approximately 30% […]
Sempra eyes start-up at ECA LNG Phase 1 in Mexico in spring 2026, Vista still in development
NEW ORLEANS, LOUISIANA (Pietro D. Pitts, Energy Analytics Institute, 25.Feb.2025, Words: 392) — Located in Baja California, Energía Costa Azul (ECA) LNG Phase 1 continues […]
Shell LNG Outlook 2025 [PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Feb.2025) — The global trade of liquefied natural gas (LNG) reached 407 million tonnes (Mt) in 2024, up […]
Woodside’s record 530,000 boe/d output in 2024 aided by Sangomar
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Feb.2025) — Australia’s Woodside Energy reported record production of 193.9 million barrels of oil equivalent (MMboe), or 530 […]
Quantum Capital’s 30 MTPA Mexico Pacific project falls apart as originally envisioned
NEW ORLEANS, LOUISIANA (Pietro D. Pitts, Energy Analytics Institute, 24.Feb.2025, Words: 1,533) — Quantum Capital Group‘s short-lived love affair with Mexico, or more specifically Mexico […]
Treasury’s Bessent makes introductory call with Argentine finance minister Luis Caputo
NEW ORLEANS, LOUISIANA (Pietro D. Pitts, Energy Analytics Institute, 23.Feb.2025) — US Treasury secretary Scott Bessent conducted an introductory phone call with Argentine finance minister […]
Ecopetrol Reports 104% Reserves Replacement in 2024, Average Reserve Life of 7.6 Years
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.Feb.2025) — Bogotá-based Ecopetrol SA boosted its net proven crude oil, natural gas and condensates reserves (1P […]
Venezuela flared 46% of its 3,895 MMcf/d of natural gas production in 2024
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 21.Feb.2025, Words: 1,030) — Oil producing Venezuela, a founding member of the Organization of the Petroleum Exporting […]
Greenwave Technology Not Looking to Raise Capital for Now
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 21.Feb.2025) — Greenwave Technology Solutions, Inc., despite receiving numerous inquiries from investors, has no immediate plans to raise […]
Excelerate Announces Class A Common Stock $0.06/share Dividend
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Feb.2025) — The Board of Directors of Excelerate Energy, Inc. declared a quarterly cash dividend with respect to […]
Petrobras Inks LNG PSA with UK-based Centrica for 0.8 MTPA Starting in 2027
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Petrobras signed a long-term liquefied natural gas (LNG) purchase and sale agreement (PSA) with the […]
Matador Eyes Boosting Equivalent Production 20% in 2025 v 2024
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 18.Feb.2025) — Matador Resources Company eyes average daily equivalent crude oil and natural gas production reaching 205,000 boe/d in […]
Uranium Energy Reports Key Production at Irigaray CPP in Wyoming
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 19.Feb.2025) — Uranium Energy Corp. achieved a major operational milestone with the successful processing, drying and drumming of […]
Citgo Launches Brand Licensing Program as Part of Fuels Business
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Feb.2025) — The Citgo brand is extending to 5 new geographic markets with the launch of a brand […]
Natura Eyes 2 Advanced Nuclear Projects in Texas
HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 18.Feb.2025) — Natura Resources announced deployment of 2 advanced nuclear projects in Texas. The projects aim to enhance […]
Diamondback to Acquire Double Eagle IV in Stock and Cash Deal
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Feb.2025) — Diamondback Energy, Inc. entered into a definitive agreement to acquire certain subsidiaries of Double Eagle IV […]
Venture Global to achieve COD at Calcasieu Pass on 15 Apr. 2025
HOUSTON, TEXAS (By editors at Energy Analytics Institute, 17.Feb.2025, Words: 198) — Venture Global has notified its long-term customers that its Calcasieu Pass facility will […]
Noble Floater Fleet 74% Contracted Through the Fourth-quarter 2024
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — Noble Corporation said its marketed fleet of 25 floaters was 74% contracted through the fourth-quarter 2024 […]
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) […]
Commonwealth Eyes FID in Sep. 2025, First LNG from its 9.5 MTPA Cameron LNG Facility in 1Q:29
HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 14.Feb.2025) — Commonwealth LNG received a conditional non-free trade agreement (non-FTA) export authorization from the US Department of […]
LNG Alliance affiliate inks MOU for 100 TPA of sustainable hydrogen in Sonora, Mexico
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 14.Feb.2025) — LNG Alliance Pte Ltd, Singapore affiliate Aslan Energy Capital, signed a Memorandum of Understanding (MOU) […]
Suburban Propane and NASCAR Unveil Propane-Powered Track Dryer
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 14.Feb.2025) — Suburban Propane Partners, L.P. joined forces with NASCAR to unveil a propane-powered track dryer at the […]
Arcadium Lithium Obtains Necessary Approvals Globally to Close Acquisition by Rio Tinto
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 13.Feb.2025) — Global lithium chemicals producer Arcadium Lithium plc has received all required pre-closing regulatory approvals in connection […]
Select Water and Occidental Boast Progress at Lost Tank Recycling Site in New Mexico
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 12.Feb.2025) — Select Water Solutions, Inc. and Occidental announced significant progress in their joint initiative of reducing freshwater […]
OPEC Forecasts Slight Rise in Permian Oil Production in 2025
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 12.Feb.2025) — The Organization of the Petroleum Exporting Countries (OPEC) is forecasting US tight crude production in the […]
US Gas Production to Average 114.7 Bcf/d in 2025, Rise 1.4% YOY
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 12.Feb.2025) — US marketed natural gas production is expected to average 114.7 billion cubic feet per day […]
Antero Midstream Provides 2025 Financial Guidance
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 12.Feb.2025) — Antero Midstream Corporation, which owns, operates and develops midstream gathering, compression, processing and fractionation assets located […]
US LNG Exports to Grow 17% in 2025, then 16% in 2026, the EIA Says
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 11.Feb.2025) — Gross US liquefied natural gas (LNG) exports are forecast to rise in 2025 for the […]
Entergy, Kinder Morgan, Golden Pass LNG Ink Deal Ink Gas Deal
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 11.Feb.2025) — Entergy Texas reached a transportation agreement with Kinder Morgan to secure natural gas supply, supporting the […]
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 […]
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 […]
Energy Transfer to Supply Gas to Data Center Project in Central Texas
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 10.Feb.2025) — Energy Transfer LP entered into a long-term agreement to supply natural gas to Denver-based CloudBurst […]
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 […]
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 […]
Flex LNG Eyes Challenging Outlook for LNG Shipping Over Short-to-Medium Term
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Feb.2025) — The outlook for liquefied natural gas (LNG) shipping over the short-to-medium term is challenging owing to […]
Marathon Petroleum Corporation eyes capital spend of $1.25bn in 2025
HOUSTON, TEXAS (By editors at Energy Analytics Institute, 4.Feb.2025, Words: 364) — Marathon Petroleum Corp. (MPC)‘s standalone (excluding MPLX) capital spending outlook is $1.25bn for […]
ONEOK and MPLX to Build LPG Export in Texas
HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 4.Feb.2025) — ONEOK, Inc. and MPLX LP entered into definitive agreements to form joint ventures to build a […]
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 […]
Baker Hughes to Provide Solutions to Argent LNG’s 24 MTPA Port Fouchon Export Facility
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Feb.2025) — Argent LNG LCC selected Baker Hughes as the liquefaction solution and related services provider for its proposed […]
US Energy Development Corp. Eyes Deployment of $1bn in Permian in 2025
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 3.Feb.2025) — US Energy Development Corporation (USEDC) plans to deploy up to $1bn during 2025, primarily in […]
Ecopetrol and Oxy extend Midland development plan in the Permian Basin
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 3.Feb.2025) — Ecopetrol Permian LLC and Occidental Petroleum Corp (Oxy) extended development of their Rodeo Midland Basin […]
US Tariffs on Canadian Aluminium to Impacts American Workers and Consumers
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 2.Feb.2025) — Canada’s aluminium industry finds unfortunate and highly disruptive the 25% tariffs announced by the administration of […]
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 […]
CABC Opposes Trump’s 25% Tariff on Canadian Goods
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Feb.2025) — The Canadian American Business Council (CABC) strongly opposes tariffs imposed on Canadian goods as revealed by […]
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% […]
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 […]
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 […]