Energy Analytics Institute (EAI)

Subsea 7 awarded contract offshore Norway by ConocoPhillips Skandinavia AS

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 19.May.2025, Words: 221) — Subsea 7 announced the award of a contract — with a value between $300mn-$500mn […]

EP Petroecuador shipped over 926 million gallons of fuel in the 1Q:25

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 19.May.2025) — Between Jan.-Mar. 2025, EP Petroecuador distributed over 926 million gallons of fuels to domestic market […]

Equinor says Empire Wind project resumes construction after stop work order lifted

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 19.May.2025, Words: 447) — Equinor ASA subsidiary Empire Offshore Wind LLC has been informed by the US […]

ACP applauds lifting of stop work order for Empire Wind 1 offshore project

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 19.May.2025, Words: 195) — The American Clean Power Association (ACP) views actions by the US Department of […]

TXNM enters $11.5bn deal to be Acquired by Blackstone Infrastructure

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 19.May.2025, Words: 453) — TXNM Energy announced an agreement under which Blackstone Infrastructure will acquire TXNM for $61.25 per share […]

Louisiana attracts investments with over $61bn in energy project announced

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 19.May.2025, Words: 273) — Louisiana has announced $61bn+ in energy and clean energy projects since Jan. 2024, […]

TotalEnergies inks deal for the export of 2 MTPA of LNG from Ksi Lisims LNG [video]

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 19.May.2025, Words: 285) — TotalEnergies signed a sales and purchase agreement (SPA) with Ksi Lisims LNG for the […]

Petrobras contributed R$65.7bn to Brazilian government during 1Q:25 [PDF download]

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 19.May.2025, Words: 163) — Brazil’s oil and gas giant Petrobras reported a R$65.7bn contribution for the Brazilian government […]

Delcy Rodríguez says measures against PDVSA have generated $232bn in losses

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 18.May.2025, Words: 183) — Venezuela’s executive vice president and hydrocarbon minister Delcy Rodríguez said unilateral coercive measures […]

CRP takeover by the Chinese: this is not a “cuento chino” or “Chinese tale” [charts attached]

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 17.May.2025, Words: 528) — This is not a “cuento chino” or “Chinese tale” starring Argentine actor […]

Remittances to Mexico top $64bn in 2024, represent 3.5% of GDP

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 16.May.2025, Words: 175) — Remittances sent to Mexico exceeded $64bn in 2024, up slightly compared to 2023, […]

LatAmNRG heard: China-Russia-Venezuela, Rubio on Cuba, Mexico Pacific new CEO

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.May.2025, Words: 651) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]

ExxonMobil eyes 950,000 b/d this year offshore Guyana when fourth FPSO comes online

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 16.May.2025, Words: 306) — ExxonMobil Guyana Limited, which is producing around 650,000 barrels per day (b/d) […]

Touchstone closes purchase of Shell Trinidad Central Block Limited (STCBL)

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 16.May.2025, Words: 227) — Calgary-based Touchstone Exploration Inc. successfully closed the previously announced acquisition of 100% of […]

China-Russia expected to continue to enrich bilateral relationship

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.May.2025, Words: 325) — Relations between Asian giant China and Russia have been moving forward on a high […]

Light Energia reveals final results, expiration of cash tender offer

SALVADOR, BRAZIL (Pedro Silva, Energy Analytics Institute, 16.May.2025, Word: 261) — Light Energia S.A., a wholly-owned subsidiary of Light, a publicly held corporation headquartered in […]

EAI’s 2Q:25 NRG Prospector: “Dissecting Y-P-F” [28-pg emag download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.May.2025, Words: 8,000) — Download Energy Analytics Institute‘s 28-page special report on state-owned YPF SA titled Dissecting Y-P-F. […]

Oxy’s 1PointFive and ADNOC’s XRG to evaluate JV to develop south Texas DAC hub

HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 16.May.2025, Words: 487) — Occidental (Oxy) and its subsidiary 1PointFive reached an agreement with XRG, ADNOC‘s investment company, […]

CFE says Mexicali Oriente Internal Combustion Plant starts commercial operations

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 15.May.2025, Words: 322) — The Mexicali Oriente Internal Combustion Plant (CCI), located in the state of Baja […]

Woodside Energy prices $3.5bn of senior unsecured bonds in US market

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 15.May.2025, Words: 175) — Woodside Energy conducted a bond offer and successfully priced $3.5bn of senior unsecured […]

Perenco finds more gas in Onyx field offshore Trinidad

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 15.May.2025, Words: 624) — Perenco T&T Limited successfully drilled the Onyx well and sidetrack in the eastern […]

GEODIS and Prologis launch rooftop solar project in Mexico to power sustainable logistics

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 15.May.2025, Words: 297) — GEODIS, in collaboration with Prologis, activated a 619-kilowatt (kWDC) rooftop solar installation at […]

First Nations Partnership to invest CAD$715mn in Enbridge’s Westcoast gas pipeline

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 15.May.2025, Words: 385) — Enbridge Inc. reached an agreement whereby the Stonlasec8 Indigenous Alliance Limited Partnership (the […]

Canadian Solar eyes module shipments between 25-30 GW in 2025

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 15.May.2025, Words: 381) — Canadian Solar expects CSI Solar’s total module shipments to be in the range of […]

Mexico’s Ebrard says consultations regarding USMCA to start in 2H:25

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 15.May.2025, Words: 155) — Mexico, Canada and the US are expected to initiate consultations related the […]

Vizsla to acquire large Santa Fe claim package, including mine near Panuco

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 15.May.2025, Words: 787) — Vizsla Silver Corp. entered into an agreement to acquire the Santa Fe project, […]

Blue Sky expands drill plan to advance Ivana Uranium-Vanadium project in Argentina

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 14.May.2025, Words: 416) — Blue Sky Uranium Corp. said a 2025 drill program aims to advance the […]

Orvana Minerals updates on strategic assets in Argentina, Bolivia and Spain

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 14.May.2025, Words: 438) — Orvana Minerals Corp. — a multi-mine gold-copper-silver company — provided updates on its […]

Frontera funds recapitalization of ODL interest with $220mn non-recourse, secured loan

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 14.May.2025, Words: 738) — Frontera Energy Corporation‘s wholly-owned subsidiary, Frontera Pipeline Investment AG (FPI) and a syndicate […]

Aramco inks 34 MOUs and agreements with US companies with potential value of $90bn

HOUSTON, TEXAS (By editors at Energy Analytics Institute, 14.May.2025, Words: 517) — Aramco signed 34 memorandum of understanding (MOUs) and agreements, with a potential total […]

Woodside boasts “one hull of a milestone” at Scarborough energy project

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 14.May.2025, Words: 307) — Woodside Energy said the Scarborough Energy project, which is now over 82% complete, achieved […]

Woodside inks non-binding collaboration agreement with Aramco

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 14.May.2025, Words: 234) — Woodside Energy Ltd and Aramco entered into a non-binding collaboration agreement to explore global […]

Sinopecs 5,300m vertical well sets new well depth record in China

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 14.May.2025, Words: 369) — China Petroleum & Chemical Corporation’s Tiebei 1HF well was drilled to a vertical depth […]

Excelerate Energy closes $1.055bn acquisition of NFE’s business Jamaica

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 14.May.2025, Words: 335) — Excelerate Energy, Inc. closed its $1.055bn acquisition of New Fortress Energy Inc.‘s business […]

Venezuela’s production averaged 888 Mb/d in Apr. 2025, according to OPEC

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 14.May.2025, Words: 164) — Venezuela’s crude oil production averaged 888 thousand barrels per day (Mb/d) in Apr. […]

TotalEnergies and HitecVision to pursue development of Polska Grupa Biogazowa in Poland

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 14.May.2025, Words: 299) — France’s TotalEnergies inked a sale and purchase agreement (SPA) with HitecVision, a Norwegian investment […]

Global Underwater Hub backs £923m cable production facility at Port of Tyne

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 14.May.2025, Words: 292) — Global Underwater Hub (GUH), which represents the UK’s £9bn subsea industry, backed plans for […]

Guyana’s president Irfaan Ali warns citizens to remain vigilant amid Venezuelan “arrogance”

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 14.May.2025, Words: 310) — Guyana’s president Mohamed Irfaan Ali alerted the citizens of his small South American […]

US Treasury takes steps to stop Iran from manufacturing missile components

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 14.May.2025, Words: 224) — The US Department of the Treasury‘s Office of Foreign Assets Control (OFAC) designating 6 individuals […]

Maduro says Russia and China look to support Venezuela’s 7T plan

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 13.May.2025, Words: 295) — The Russian Federation and the People’s Republic of China reaffirmed their support for […]

Eni starts production at Merakes east field offshore Indonesia

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 13.May.2025, Words: 460) — Eni started natural gas production at the Merakes east field, in the Kutei basin, […]

Venezuela’s Maduro calls recent visits to China and Russia a “resounding success!”

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.May.2025, Words: 218) — Venezuela’s president Nicolás Maduro traveled to China and Russia to meet with his […]

Norway pension fund sales remaining $40mn in fixed income investment in Pemex

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 13.May.2025, Words: 273) — Petróleos Mexicanos (Pemex) said its recent exclusion from the investment portfolio of the […]

Harbour’s EVP Baquero says Kan field offshore Mexico holds 500+ MMbbls in situ

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 13.May.2025, Words: 218) — Harbour Energy, which is active in the Hokchi, Ogarrio, and Zama fields […]

Ecuador inks deal with IAEA around nuclear energy, energy generation, technical training

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.May.2025, Word: 491) — Ecuador’s head over the Ministry of Energy and Mines (MEM) Inés Manzano signed […]

Touchstone Exploration reveals amended loan deal to support pending acquisition

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.May.2025, Words: 303) — Touchstone Exploration Trinidad Ltd. (TETL) entered into a share purchase agreement (SPA) to […]

Petrobras reports 1Q:25 financial and operational results

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 12.May.2025, Words: 677) — Petrobras reported adjusted EBITDA excluding 1-off events reached $10.7bn in the first-quarter 2025 […]

Mexico Pacific appoints Manuela (Nelly) Molina as its new CEO

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 12.May.2025, Words: 210) — Mexico Pacific, which has an eye on developing the 30 million tonnes per […]

Petrobras to pay interim dividends in the amount of R$11.72bn

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 12.May.2025, Words: 405) — The Board of Directors of Petrobras approved payment of interim dividends and interest […]

Traders rebrand Venezuelan oil for China as Brazilian, sources and tanker trackers say

SINGAPORE, SINGAPORE CITY (Chen Aizhu, Reuters, 12.May.2025, Words: 847) — Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian […]