Energy Analytics Institute (EAI)

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 […]

Pemex boasts process promoting ethical culture and fighting corruption

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 20.May.2025, Words: 220) — Petróleos Mexicanos (Pemex) ranked third among Mexico’s largest companies with the best […]

Chevron says CABGOC responds to an incident at BBLT platform

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.May.2025, Words: 193) — Chevron Corporation announced that at approximately 3:10am a fire occurred on the cellar deck […]

Fire at Chevron oil platform offshore Angola injures 17

CAPE TOWN, AFRICA (Reuters, 20.May.2025, Words: 185) — Seventeen people were injured, four seriously, when a fire broke out in the early hours of Tuesday […]

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. […]