Energy Analytics Institute (EAI)

Venezuela’s ‘Black Gold’: production and export grades, upgraded API properties [table]

PANAMA CITY, PANAMA / HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 11.Jun.2025, Words: 560) — Venezuela, despite ongoing US sanctions meant to halt the […]

First Majestic Silver identifies significant gold-silver discovery in Sonora, Mexico

MEXICO CITY, MEXICO (Fidencio Casillias, Energy Analytics Institute, 11.Jun.2025, Words: 348) — First Majestic Silver Corp. identified a significant gold-silver discovery on its Santa Elena property in Sonora, […]

OEG to provide helifuel services and refuelling training for UK operator

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Jun.2025, Words: 210) — OEG, an energy solutions business, secured a significant multi-year helifuel services contract with a […]

ABB and Applied Digital accelerate AI-ready data center

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 11.Jun.2025) — Applied Digital, a builder and operator of next-generation data centers, launched an infrastructure partnership with ABB […]

Venezuela’s ‘Black Gold’: 4 ways to extract Faja crudes (VAPEX, CSS, THAI and SAGD)

PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Jun.2025, Words: 900) — Heavy oil is similar to conventional reserves in many respects, […]

U Power updates on 2-fold growth strategy for 2025 and beyond

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 10.Jun.2025, Words; 335) — U Power Limited revealed details regarding its two-fold growth strategy for 2025 and beyond. […]

GoldMining closes flow-through financing, starts exploration at Yellowknife gold project

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 9.Jun.2025, Words: 392) — GoldMining Inc. closed its non-brokered private placement of 373,135 common shares, which qualify as […]

ABB wins electrical and automation contract for next generation of Petrobras FPSOs

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 10.Jun.2025, Words: 380) — ABB has been awarded a large order by Seatrium, a global provider of marine […]

Ecopetrol exports first shipment of 185,000 bbls of new marine fuel to the US

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 9.Jun.2025, Words: 328) — Ecopetrol revealed the initial export of 185,000 bbls of marine fuel derived from […]

GoldMining files early warning report on disposal of 60,000 shares of NevGold Corp.

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.Jun.2025, Words: 153) — GoldMining Inc. disposed of 60,000 common shares of NevGold Corp. pursuant to a market […]

YPF and Eni take a new step in the development of the Argentina LNG project

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 9.Jun.2025, Words: 256) — YPF and Eni signed a new agreement toward the completion of […]

Venezuela’s ‘Black Gold’: opportunity loss of 2.1 MMb/d from 6 new proposed upgraders

PANAMA CITY, PANAMA / HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 9.Jun.2025, Words: 1,600) — Proposals for 6 new joint ventures (JVs) in Venezuela’s […]

Subsea7 awarded contract Shell for the Aphrodite gas project in Trinidad and Tobago

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 9.Jun.2025) — Subsea7 was awarded a sizable contract — with a value between $50mn-$150mn — by Shell for the […]

Venezuela lays foundation to boost petrol to $0.75/lt from $0.50/lt, Bloomberg Línea says

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 8.Jun.2025, Words: 136) — The government of Venezuela’s president Nicolás Maduro is laying the foundations to implement […]

Venezuela’s ‘Black Gold’: 4 original upgraders Sincor, Petrozuata, Cerro Negro and Hamaca

PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 8.Jun.2025, Words: 1,143) — Venezuela is blessed with numerous heavy-oil reservoirs, but none compares […]

FACT SHEET: Pemex timeline, celebrating its 87th anniversary

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 7.Jun.2025, Words: 297) — As part of the 87th anniversary of the creation of state-owned Petróleos Mexicanos […]

Trinidad’s MEEI minister Moonilal calls on Shell for more Manatee natural gas

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.Jun.2025, Words: 370) — Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) is very focused […]

LatAmNRG heard: ENARSA LNG tenders; Chevron Venezuela; Mexico US gas imports above 7 Bcf/d

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 6.Jun.2025, Words: 447) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]

Eni and YPF ink agreement for participation in the 12 MTPA Argentina LNG project (ARG LNG 3)

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 6.Jun.2025, Words: 325) — Italy’s Eni and Argentina’s state-owned energy company YPF SA signed an agreement for […]

Petrobras served lawsuit for drilling rigs projects by Sete Brasil Participações for R$36bn

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 6.Jun.2025, Words: 165) — Brazil’s state-owned Petrobras has been served in a lawsuit filed by Sete Brasil Participações […]

Equinor’s “Energy Perspectives 2025” [2 PDF downloads]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 6.Jun.2025, Words: 458) — Norway’s Equinor revealed its Energy Perspectives 2025 which lays out 4 scenarios for the […]

Venezuela’s ‘Black Gold’: refinery versus upgrader

PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 6.Jun.2025, Words: 649) — In the 1990s, international oil companies (IOCs) including ExxonMobil Corporation […]

Venezuela’s ‘Black Gold’: a brief history of heavy oil in Venezuela

PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 6.Jun.2025, Words: 585) — In 1914, Venezuela’s first important heavy oil field, Mene Grande, […]

S&P maintains Ecopetrol’s global credit rating at BB+ [10-pg PDF download]

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 5.Jun.2025, Words: 259) — S&P Global Ratings will maintain Ecopetrol SA‘s global credit rating at BB+ as […]

China’s Foreign Minister spokesperson says Asian giant a “staunch doer in green development”

HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 5.Jun.2025, Words: 296) — China is a staunch doer in green development. This, according to China’s Foreign […]

Trinidad stands solidly with Trump on Venezuelan issues, ready to use deadly force against vessels

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 5.Jun.2025, Words: 354) — Tensions between neighbors Venezuela and Trinidad and Tobago are starting to rise already. […]

Brava inks $65mn deal for midstream infrastructure with PetroReconcavo

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 5.Jun.2025, Words: 306) — Brava Energia SA entered into an asset purchase and sale agreement (PSA) with PetroReconcavo […]

Vermilion inks deal to divest US assets, exit US market [pdf download]

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 5.Jun.2025, Words: 254) — Vermilion Energy Inc. entered into a definitive agreement to divest its US assets for cash […]

EVENT SEOGS 2025: A new dawn in Suriname’s energy journey

PARAMARIBO, SURINAME AND HOUSTON, TEXAS (Editors at Energy Analytics Institute, 5.Jun.2025, Words: 382) — The Suriname Energy, Oil & Gas Summit & Exhibition (SEOGS) returns for […]

Energy Argentina announces third public tender for liquefied natural gas (LNG)

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 5.Jun.2025, Words: 157) — Energy Argentina sent out a third request for proposal of 2025 for the tender […]

Equinor and Centrica ink long-term gas sales agreement worth £20bn

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 5.Jun.2025, Words: 441) — Equinor and Centrica sign long-term gas sales agreement of 55 TWh of natural gas […]

APM Terminals Pier 400 electrifies fleet with Orange EV

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 5.Jun.2025, Words: 198) — APM Terminals Pier 400 deployed the largest fleet of electric terminal tractors (ETTs) in […]

Delcy Rodríguez to present Essequibo development plan to VP Council

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 4.Jun.2025, Words: 264) — Venezuela’s executive vice president Delcy Rodríguez will soon present a development plan […]

Maduro says armed group captured trying to enter Venezuela from Trinidad

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 4.Jun.2025, Words: 154) — Venezuela’s president Nicolás Maduro announced that an armed group had been captured in […]

SSR Mining temporarily halts operations at Seabee in Canada due to forest fires

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 4.Jun.2025, Words: 167) — SSR Mining Inc. said its 100% owned operations at Seabee have been temporarily […]

Petrobras submits declaration of interest for Ivory Coast exploratory blocks

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 4.Jun.2025, Words: 167) — Petrobras submitted a declaration of interest for exploratory blocks located offshore the Ivory […]

EVENT: Lithium Latin America Congress and Exhibition 2025

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Jun.2025, Words: 372) — For the sixth consecutive year, “Lithium Latin America Congress and Exhibition” will gather together […]

Mexico’s Sheinbaum calls Trump’s 50% steel and aluminum tariffs “unfair”

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 4.Jun.2025, Words: 374) — Mexico’s President Claudia Sheinbaum Pardo said measures imposed by her US counterpart Donald […]

Blue Sky confirms potential of uranium discovery at its ISR Corcovo project, Argentina

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 4.Jun.2025, Words: 545) — Blue Sky Uranium Corp.’s geological team reviewed and interpreted bore-hole survey data from […]

Pemex reports on reorganization, vertical integration strategy [434-pg pdf download]

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 4.Jun.2025, Words: 377) —Petróleos Mexicanos (Pemex), following approval of secondary energy laws establishing the entity as a […]

IOCs built 4 upgraders in Venezuela in the 1990s, only PetroPiar continues to produce

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 4.Jun.2025, Words: 343) — In the 1990s, international oil companies (IOCs) from Chevron Corporation and ExxonMobil Corporation […]

TotalEnergies and Shell ink deals related to Lapa and Gato do Mato Santos basin fields

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 4.Jun.2025, Words: 225) — TotalEnergies signed an agreement with Shell Brasil Petróleo Ltda to exchange its 20% non-operated […]

Brava reports production of 88,561 boe/d in May 2025, up over Apr. 2025 [table]

SALVADOR, BRAZIL (By Pedro Silva, Energy Analytics Institute, 4.Jun.2025, Words: 428) — Brava Energia achieved a historical record in May 2025 when production reaching an […]

Viridien authors win 2025 EAGE award for best paper in First Break

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Jun.2025, Words: 368) — Viridien congratulates Isabel Espin, Laurene Michou, Nicolas Salaun, Daniela Donno and Diego Carotti on […]

EP Petroecuador and Sinopec kick off Block 44 drilling campaign

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 3.Jun.2025, Words: 240) — EP Petroecuador started its 2025 drilling campaign with the Pucuna D 033 well […]

Big firms abandon wind energy plans in Colombia amid regulatory shifts, social issues and grid gaps

BOGOTA, COLOMBIA (By Steven Grattan, AP, 3.Jun.2025, Words: 761) — Colombia’s ambitious plans for wind energy development, especially in the resource-rich La Guajira region, are […]

Pemex reports on situation regarding oil spill impacting beaches in Paraíso, Tabasco

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 3.Jun.2025, Words: 328) — State-owned Petróleos Mexicanos (Pemex) said that 28 days after learning of an oil […]

Venezuela’s oil exports stable as buyers in China receive more

(Reuters, 3.Jun.2025, Words: 473) — Venezuela’s oil exports remained almost unchanged last month as increased shipments to customers in China offset a decline in U.S.-authorized […]

TotalEnergies acquires pipeline of solar and battery projects from Low Carbon

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 3.Jun.2025, Words: 259) — TotalEnergies acquired a pipeline of 8 solar projects with a capacity of 350 megawatts […]

Viridien launches Sercel Accel during EAGE conference and exhibition in Toulouse

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Jun.2025, Words: 267) — Viridien unveiled Sercel Accel – the industry’s first onshore drop node solution – which […]