Energy Analytics Institute (EAI)

LatAmNRG heard: Mexico elections, Chevron Venezuela, Vaca Muerta, Venezuela LNG

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 30.May.2025, Words: 339) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]

Cuba spuds Santa Cruz 505 well, according to Ministry of Energy and Mines head O Levy

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 30.May.2025, Words: 127) — Cuba recently spud the Santa Cruz 505 well as part of efforts to […]

EOG Resources to buy Encino Acquisition Partners in $5.6bn deal [download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 30.May.2025, Words: 652) — EOG Resources, Inc. announced a definitive agreement with Canada Pension Plan Investment Board (CPP) […]

Surge celebrate company’s 10-year anniversary

HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 30.May.2025, Words: 281) — Surge Energy US Holdings Company, founded in May 2015, announced the company celebrated its […]

EAI chartalk: Mexico’s piped-gas imports from the US averaged 6 Bcf/d in Mar. 2025

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 30.May.2025, Words: 130) — Mexico’s piped-natural gas imports from the US averaged 6 billion cubic feet […]

Strathcona starts offer to buy 100% of issued, outstanding shares of MEG Energy Corp.

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 30.May.2025, Words: 616) — Strathcona Resources Ltd. formally commenced its offer to acquire all of the issued […]

bpTT, Perenco and Woodside Energy confirm commitments in Trinidad and Tobago

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.May.2025, Words: 729) — Officials from Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI), headed […]

Rodríguez says 3 Chevron Venezuela fields producing a combined 246,000 b/d

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.May.2025, Words: 228) — Venezuela’s executive vice president and hydrocarbon minister Delcy Rodríguez said state-owned company Petróleos […]

Sempra’s Port Arthur LNG Phase 2 gets non-FTA export authorization from US DOE

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 29.May.2025, Words: 473) — The US Department of Energy (DOE) issued a permit to Sempra subsidiary Sempra Infrastructure for […]

bpTT announces first gas from Mento offshore Trinidad’s southeast coast, eyes Coconut

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.May.2025, Words: 361) — bp Trinidad and Tobago (bpTT) said its Mento development has safely delivered first […]

Chevron confirms expiration of GL 41B that impacts operations in Venezuela

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 29.May.2025, Words: 246) — Chevron Corporation confirmed expiration of General License 41B (GL41B), issued by the US […]

Frontier selects Baker Hughes for 270 MW data center projects in Wyoming and Texas

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 29.May.2025, Words: 175) — Frontier Infrastructure Holdings, a Tailwater Capital LLC portfolio company, granted Baker Hughes an award for 16 NovaLT™ […]

Chevron confirms 3 dead in Angola after BBLT incident

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 29.May.2025, Words: 499) — Chevron Corporation confirmed the death of a third contractor as a result of the […]

Petrobras approves R$3bn public offering of debentures

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 28.May.2025, Words: 225) — Petrobras‘ executive board, in a meeting held on this date, pursuant to item VII […]

Trump, OFAC and Chevron’s “secret” license to operate in Venezuela

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 28.May.2025, Words: 274) — The administration of US president Donald Trump has authorized Chevron Corporation to continue […]

Canadian Natural Resources inks IPM with Cheniere Marketing for 0.85 MTPA

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 28.May.2025, Words: 201) — Cheniere Marketing, LLC, a subsidiary of Houston-based Cheniere Energy, Inc., entered into a long-term integrated […]

Petrobras’ new diesel hydrotreatment unit at Replan started operations

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 28.May.2025, Words: 282) — Petrobras started operations at a new diesel hydrotreatment unit at the Paulínia Refinery (Replan), […]

Maduro says government to allocate resources for development of Essequibo territory

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 27.May.2025, Words: 335) — Venezuela’s president Nicolás Maduro Moros said his government will continue work on the […]

US grants Chevron narrow authorization to keep assets in Venezuela, sources say

(Reuters, 27.May.2025) — The Trump administration has issued a narrow authorization for U.S. oil producer Chevron to keep assets in Venezuela, including its stakes in oil […]

Shell divests Shell Mobility in Mexico to Iconn

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 27.May.2025, Words: 152) — Monterrey-based Iconn, which operates 7-Eleven convenience stores and Petro Seven petrol stations in […]

Global energy landscape: how 3 tariff scenarios reshape the future

LONDON, ENGLAND (Wood Mackenzie, 27.May.2025, Words: 777) — A new report from Wood Mackenzie, “Trading cases: tariff scenarios for taxing times,” presents 3 distinct futures […]

Colombia’s ANH says 3P gas reserves offshore reached 7.408 Tcf at YE:24 [PDF download]

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 27.May.2025, Words: 440) — Data released by Colombia’s National Hydrocarbon Agency (ANH by its Spanish acronym), revealed 3P (proven + […]

Petrobras ponders issue of up to R$3bn in incentivized debentures

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 26.May.2025, Words: 108) — Petrobras said it is considering a potential issue of incentivized debentures in the amount […]

Frontera updates on consent solicitation for outstanding 7.875% senior notes dues 2028

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 26.May.2025, Words: 186) — Frontera Energy Corporation announced details related to the tender offer and consent solicitation for […]

Maduro says election marks birth of new sovereignty over “Guayana Esequiba”

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 26.May.2025, Words: 200) — Venezuela’s president Nicolás Maduro Moros said the Sunday 25 May 2025 election saw […]

EP Petroecuador controls fire at 110,000 b/d Esmeraldas refinery

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 26.May.2025) — A fire reported on 26 May 2025 at a fuel oil tank in the utility […]

Xodus allocated land at Oakajee to develop renewable hydrogen project in Western Australia

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 26.May.2025, Words: 331) — Xodus, a global energy consultancy, has been allocated land in the mid-west region of […]

The 180,000 b/d FPSO Alexandre de Gusmão begins operations in the Mero field

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 24.May.2025, Words: 362) — Petrobras said the floating production storage and offloading (FPSO) vessel Alexandre de Gusmão began […]

Staatsolie inks deals for $1.6bn syndicated credit facility for GranMorgu

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 23.May.2025, Words: 578) — Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) and African Export-Import Bank (Afreximbank), […]

US plans Chevron license for minimum maintenance in Venezuela, Bloomberg reports

BENGALURU, INDIA (Reuters, 23.May.2025, Words: 215) — U.S. President Donald Trump’s administration is preparing to issue a narrowly tailored license to Chevron, allowing the company […]

Equinor reports financial close for Polish offshore wind projects Bałtyk 2 and Bałtyk 3

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 23.May.2025, Words: 426) — Joint venture (JV) partners Equinor and Polenergia reached close for the Bałtyk 2 […]

Petrobras inks agreement with Proquigel to resolve disputes

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 22.May.2025, Words: 171) — Petrobras signed an agreement with Unigel subsidiary Proquigel to resolve existing contractual disputes and […]

Sheinbaum says historic 1Q:25 FDI of $21.4bn shows investor confidence in Mexico

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 22.May.2025, Words: 400) — Foreign direct investment (FDI) in Mexico reached a historic maximum level of $21.4bn […]

Trinidad inks partnership with Guyana, seeks the same with Grenada

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 22.May.2025, Words: 163) — Officials from Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) have […]

Atlas secures $510mn in financing for Estepa hybrid solar and battery storage project in Chile

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 22.May.2025, Words: 237) — Atlas Renewable Energy secured $510mn in financing for the landmark Estepa hybrid solar and […]

Frontera Energy reveals annual and special meeting results

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 22.May.2025, Words: 119) — Frontera Energy Corporation revealed results from its 2025 annual & special meeting of shareholders. […]

Marco Rubio says Chevron license in Venezuela to expire on 27 May 2025

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 21.May.2025, Words: 92) — US Secretary of State Marco Rubio downplayed rumors that the US would extend a […]

China rejects unilateral sanctions against Russia, Chinese companies

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 21.May.2025, Words: 192) — China opposes unilateral sanctions against Russia as well as Chinese companies that have been […]

Datanalisis’ Vicente Leon comments on Washington-Caracas talks, Chevron wind-down

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 21.May.2025, Words: 280) — Datanalisis president Luis Vicente León said it was unclear when oil licenses […]

Ecopetrol to buy portfolio of up to 1,300 MW of solar and wind energy projects in Colombia

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 21.May.2025, Words: 256) — Colombia’s Ecopetrol S.A. executed an asset purchase agreement with Statkraft European Wind […]

US retains spot as world’s largest LNG exporter

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 21.May.2025, Words: 349) — The US remained the largest LNG exporter in 2024 with a total of 88.4 […]

Borr eyes ramp-up in activity, collects $120mn in outstanding receivables from Mexico

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 21.May.2025, Words: 302) — Borr Drilling Limited averaged 16 active rigs out of its 24-rig fleet during […]

Flex LNG sees increasing momentum in US LNG sector

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 21.May.2025, Words: 334) — Hamilton, Bermuda-based Flex LNG Ltd. sees increasing momentum in the US liquefied natural […]

China’s largest PV+LNG powered car carrier sets sail on its maiden voyage

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 21.May.2025, Words: 351) — “Yuanhai Kou,” China’s largest ocean-going cargo ship, SOLAR+LNG dual-fuel car carrier, recently embarked on its […]

Freeport LNG restores service to its third LNG storage tank on Quintana Island

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 21.May.2025, Words: 459) — Freeport LNG Development, L.P. said its third liquefied natural gas (LNG) storage tank has returned […]

Pemex reveals restructuring details, plans to cut 2,964 employees [pdf download]

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 21.May.2025, Words: 165) — Mexico’s state-owned Petróleos Mexicanos’ (Pemex) revealed deals about its restructuring and savings to come from […]

Subsea 7 awarded sizable contract offshore West Africa

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 21.May.2025, Words: 152) — Subsea 7 announced the award of a sizable — valued between $50mn-$150mn — subsea contract […]

Frontera Energy announces terms of $65mn substantial issuer bid

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 21.May.2025, Words: 391) — Frontera Energy Corporation‘s board of directors approved the commencement of a substantial issuer bid […]

Norway’s Statkraft inks deal to divest Enerfín Colombia to Ecopetrol

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 21.May.2025, Words: 260) — Statkraft, Europe’s largest renewable energy producer, signed an agreement to sell Enerfín Colombia, […]

US set to extend Chevron’s lifeline in Venezuela another 60 days amid negotiations

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.May.2025, Words: 209) — Chevron Corporation, which has operated in Venezuela for the greater part of 100 […]