Energy Analytics Institute (EAI)

Brazil’s leader Lula condemns Gaza ‘genocide’ at BRICS

RIO DE JANEIRO, BRAZIL (By Al Jazeera and news agencies, 6.Jul.2025, Words: 496) — Brazil’s president says the world must act to stop what he […]

EAI brief: BRICS group growing to include more “Global South” countries [declaration]

SALVADOR, BRAZIL (By Pedro Silva, Energy Analytics Institute, 6.Jul.2025, Words: 114) — Leaders from the BRICS countries will participate in the XVII BRICS Summit held […]

EAI brief: MEM, EP Petroecuador works to protect SOTE and OCP

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 5.Jul.2025, Words: 188) — Officials with Ecuador’s Ministry of Energy and Mines (MEM) minister Guilhermo Ferreira, […]

Sheinbaum inaugurates CFE’s $350mn Villa de Reyes power plant in San Luis Potosí

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 5.Jul.2025, Words: 347) — Mexico’s president Claudia Sheinbaum Pardo inaugurated the Villa de Reyes combined cycle […]

EAI brief: India’s PM Narendra Modi classifies visit with Argentina’s Milei as “excellent” [photos]

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 5.Jul.2025, Words: 133) — India’s prime minister Narendra Modi visited Argentina’s president Javier Milei in Buenos Aires […]

OPEC+ reaffirm commitment to market stability [table]

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 5.Jul.2025, Words: 309) — Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their […]

EAI brief: China-Venezuela Expo in Venezuela [photo journal]

HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 4.Jul.2025, Words: 115) — China and Venezuela celebrated their 51st anniversary of diplomatic relations during the inauguration […]

EAI brief: China and Venezuela ink deals at China-Venezuela Expo

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 4.Jul.2025, Words: 240) — China and Venezuela inked a number of deals during the China-Venezuela Expo […]

The NDB’s “fairer” financial model is in the spotlight on the occasion of its tenth anniversary

RIO DE JANEIRO, BRAZIL (By Mayara Souto, BRICS Brasil, 4.Jul.2025, Words: 835) — President Luiz Inácio Lula da Silva took part in the opening session of […]

Subsea7 awarded sizable $50mn-$150mn EPCI contract offshore Egypt

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 4.Jul.2025, Words: 98) — Subsea7 announced the award of sizable contract offshore Egypt with a value between $50mn-$150mn. […]

Baja California Sur launches EMBRACE IT initiative to support sustainable tourism

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 4.Jul.2025, Words: 220) — The government of the state of Baja California Sur will officially implement the […]

EAI brief: Venezuela’s Delcy Rodríguez mets with her Colombian counterpart Edwin Palma

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 4.Jul.2025, Words: 138) — Venezuela’s executive vice president and hydrocarbon minister Delcy Rodríguez led a key […]

EAI brief: arbitrators in Exxon v Hess fight reach decision on Chevron’s $53bn merger

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 3.Jul.2025, Words: 215) — Chevron Corporation seems 1 step closer to pushing its proposed $53bn acquisition […]

Plenitude starts construction of new 200 MW solar park in Spain, Andalusia

ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 3.Jul.2025, Words: 440) — Plenitude continues to expand its renewables business in Spain with start of the […]

EP Petroecuador declares force majeure, Ecuador declares emergency related to the SOTE

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 3.Jul.2025, Words: 264) — Officials with Ecuador’s Ministry of Energy and Mines minister Guilhermo Ferreira, EP […]

EAI brief: Mexico’s Sheinbaum hosts members of CCE, including Carlos Slim Helú

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 3.Jul.2025, Words: 233) — Mexico’s president Claudia Sheinbaum Pardo received Mexican businessmen and women from the […]

EAI brief: Borr Drilling prices public offering of 50 million common shares

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 3.Jul.2025, Words: 213) — Borr Drilling Limited priced its previously announced offering of 50 million common shares […]

Gold Reserve reveals $7.382bn Citgo bid recommendation [pdf downloads]

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 3.Jul.2025, Words: 500) — Gold Reserve Ltd. revealed its US acquisition subsidiary, Dalinar Energy Corporation, is the […]

Côte d’Ivoire president Alassane Ouattara and Eni CEO Claudio Descalzi talk Baleine and Calao

ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 3.Jul.2025, Words: 518) — The president of the Republic of Côte d’Ivoire (Ivory Coast) Alassane Ouattara, met […]

EAI chartalk: Mexican peso closes at MXN 18.5973 per US dollar

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 3.Jul.2025, Words: 115) — The Mexican peso, which surged to slightly over MXN 20 earlier this […]

Pemex looks to turn hard to renewables to diversify Mexico’s energy mix

HOUSTON, TEXAS (By Pietro D. Pitts and Piero Stewart, Energy Analytics Institute, 3.Jul.2025; Words: 650) — Diversification of Mexico’s energy mix — currently heavily weighted […]

Petrobras eyes investments of R$33bn in refining and petrochemicals in Rio de Janeiro

SALVADOR, BRAZIL (By Pedro Silva, Energy Analytics Institute, 3.Jul.2025, Words: 624) — Petrobras eyes R$33bn in investments for refining and petrochemical projects in Rio de […]

EnerMech secures contract for Dana Petroleum’s Triton FPSO

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 3.Jul.2025, Words: 179) — EnerMech has been awarded a 3-year fixed term contract with a further 2 […]

Despite sanctions under Trump 2.0, Venezuelan oil output steady, exports reaching China

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 2.Jul.2025, Words: 316) — Despite renewed US sanctions on Venezuela under Trump 2.0, Venezuela’s crude oil […]

EAI Brief: Eni CEO Claudio Descalzi meets with Petronas CEO, Malaysia PM Anwar Ibrahim

ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 2.Jul.2025, Words: 250) — Eni‘s CEO Claudio Descalzi met with Petronas CEO Tengku Muhammad Taufik as well […]

Borr Drilling receives commitments, announces CEO succession plan

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 2.Jul.2025, Words: 278) — Borr Drilling Limited received commitments from certain commercial banks related to various senior […]

Borr Drilling says Odin rig received a notice of a 30-day temporary suspension from Pemex

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 2.Jul.2025, Words: 433) — Borr Drilling Limited received notice from state-owned Pemex to temporarily suspend the […]

Ecopetrol reports on ongoing customs procedure initiated by the DIAN, penalty of COP1.2tn

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 2.Jul.2025, Words: 254) — The Colombian Tax and Customs Authority (DIAN) notified Colombia’s Ecopetrol of special […]

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 […]

Brava reports production of 85.9 Mboe/d in the 2Q:25 [table]

SALVADOR, BRAZIL (By Pedro Silva, Energy Analytics Institute, 2.Jul.2025, Words: 307) — Brava Energia SA renewed its historical production record in the second-quarter 2025 (2Q:25) […]

EAI Brief: Sheinbaum says Pemex executives to reveal Pemex transformation details

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 2.Jul.2025, Words: 104) — Mexico’s president Claudia Sheinbaum Pardo said executives with Mexico City-based Petróleos Mexicanos […]

Sheinbaum welcomes first of 20 Embraer E195-E2 aircraft for Mexicana de Aviación

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 1.Jul.2025, Words: 308) — Mexico’s president Claudia Sheinbaum Pardo received the first of 20 Embraer E195-E2 […]

TotalEnergies divests 50% of renewable asset portfolio in Portugal

ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 2.Jul.2025, Words: 192) —TotalEnergies finalized divestment of 50% of its 604 MW wind, solar and hydro portfolio in Portugal, in line […]

Desert Mountain to supply gas from West Pecos field to Roswell Information Park LLC

HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 2.Jul.2025, Words: 305) — Roswell Information Park LLC signed an agreement to purchase all natural gas produced […]

EAI Brief: Mexico seizes 800,000 liters of hydrocarbons in Tabasco

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 2.Jul.2025, Words: 118) — Personnel from Mexico’s attorney general office in coordination with Mexico’s security cabinet […]

Milei’s Argentina boosts military ties to the US, Petri and Hegseth say

HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 2.Jul.2025, Words: 260) — The US and Argentina took steps in the military space to build on […]

Venezuela’s oil exports on the rise as more cargoes head to China

(Reuters, 2.Jul.2025, Words: 350) — Venezuela exported some 844,000 barrels per day (bpd) of crude and fuel in June, an 8% increase from the previous […]

EAI Brief: US secretary Rubio holds call with Mexican foreign secretary de la Fuente

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 2.Jul.2025, Words: 128) — US secretary of state Marco Rubio spoke with Mexican foreign secretary Juan […]

Vitol group submits bid above $10bn for Citgo, sources say

HOUSTON, TEXAS (By Marianna Parraga, Reuters, 2.Jul.2025, Words: 559) — A group led by commodities trading house Vitol submitted a bid exceeding $10 billion for the […]

BYD shelves plans to build major Mexico car plant over Trump’s trade war

(By Leonardo Lara, Bloomberg, 2.Jul.2025, Words: 220) — China’s top electric vehicle maker, BYD Co., has shelved plans to build a major plant in Mexico over […]

Blue Sky Uranium buys key data for Corcovo project Mendoza, Argentina

SALVADOR, BRAZIL (By Pedro Silva, Energy Analytics Institute, 2.Jul.2025, Words: 224) — Blue Sky Uranium Corp. obtained an additional substantial historic subsurface dataset for its […]

EAI Brief: Colombia’s Ministry of Energy on Multinsa requests

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 2.Jul.2025, Words: 128) — Colombia’s Ministry of Energy said that the directorate of hydrocarbons with Multinsa […]

First BYD 100% electric vehicle rolls off the line in Brazil

SALVADOR, BRAZIL (By Pedro Silva, Energy Analytics Institute, 1.Jul.2025, Words: 715) — BYD, global leader in green technology, officially rolled off the very first BYD […]

EAI brief: ASEA says 16,869 Mexican facilities are now part of RENAGAS

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 1.Jul.2025, Words: 109) — The bidding process for the Mexico’s Safety, Energy, and Environment Agency (ASEA), […]

Rolls-Royce to provide emergency power on offshore wind platforms in the UK

HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 1.Jul.2025, Words: 322) — Rolls-Royce received a second order from Eureka Pumps AS to supply mtu Series […]

EAI Brief: Plata successfully places $120mn in senior unsecured bonds

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 1.Jul.2025, Words: 98) — The Mexican company Plata, recently authorized as a bank (Banco Plata S.A. INSTITUCIÓN […]

EAI brief: Dominican Republic eyes oil round in 2026

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 1.Jul.2025, Words: 329) — New legislation in the Dominican Republic lays the groundwork for an oil […]

Ecopetrol obtains authorization to amend its local public bond placement program

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 1.Jul.2025, Words: 246) — State-owned Ecopetrol S.A. said the Financial Superintendency of Colombia (SFC), through Resolution 1139 dated 11 […]

EAI brief: Predator updates on acquisition of Challenger’s entire operations in Trinidad

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 1.Jul.2025, Words: 990) — Jersey-based Predator Oil & Gas Holdings Plc (PRD) revealed details related to […]

Billionaire investor Carlos Slim says Pemex “solution must be found”

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 1.Jul.2025, Words: 264) — During an event in Mexico, billionaire Carlos Slim warned that a solution […]