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 […]
Norway’s wealth fund sells all its fixed income from Mexico’s Pemex due to corruption risk
OSLO, NORWAY (Reuters, 11.May.2025, Words: 161) — Norway’s wealth fund, the world’s largest, has sold all its fixed income investments in Mexican state oil firm […]
LatAmNRG heard: Chinese takeover of Venezuelan refineries, Petrobras focus offshore Colombia
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.May.2025, Words: 460) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]
Guyana eyes 10 years of double-digit GDP growth, anchored by rising Stabroek production
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 9.May.2025, Words: 330) — Guyana’s economy grew at an average rate of 40.9% between 2020-2024, which marked […]
YPF rides shale boom, sets sights on export infrastructure
RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 9.May.2025, Words: 450) — With Vaca Muerta firing on all cylinders and major infrastructure moving forward, YPF […]
Trinidad’s MEEI updates on incident (oil spill) at cluster S-912 SW Soldado field
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 9.May.2025, Words: 148) — Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) received reports on […]
Pemex addresses pipeline leak from Akal-C platform to Dos Bocas maritime terminal
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 9.May.2025, Words: 216) — Petróleos Mexicanos (Pemex) has reportedly addressed and contained leaks in the pipeline that […]
Petrobras and Proquigel reach agreement to resolve existing contractual disputes
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 9.May.2025, Words: 188) — Proquigel, a subsidiary of Unigel, approved an agreement to resolve existing contractual disputes […]
Frontera eyes strategic steps in Colombia related to ODL and Puerto Bahia LNG imports
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 9.May.2025, Words: 535) — Frontera Energy Corporation, as part of efforts to maximize shareholder value related to […]
Frontera updates on Colombia: production, water treatment and Reficar connection project
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 9.May.2025, Words: 1,104) — Frontera Energy Corporation provided details related to its core Andean region businesses in […]
Frontera and CGX ready to assert legal rights in Guyana related to Corentyne block dispute
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 9.May.2025, Words: 325) — Joint venture (JV) partners CGX Energy Inc. and Frontera Energy Corporation continue under […]
Petrobras finds high-quality oil at Santos Basin exploration well 3-BRSA-1396D-SPS
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 9.May.2025, Words: 238) — Brazil’s Petrobras identified the presence of high-quality oil with no contaminants in an […]
Enbridge CEO Ebel says North America’s “in a unique position”
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 9.May.2025) — Enbridge Inc. president and CEO Greg Ebel said North America is in a “unique position to strengthen its […]
Citgo Petroleum reports weak refining margins in the 1Q:25
HOUSTON, TEXAS (By Ofelia Paredes, Energy Analytics Institute, 8.May.2025, Words: 635) — Houston-based Citgo Petroleum Corporation — which owns and operates 3 large-scale, highly complex […]
Brava Energia terminates divestment plan for onshore and shallow water assets in Bahia
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 8.May.2025) — Brava Energia has decided to terminate negotiations related to the divestment process for its onshore and […]
Touchstone Exploration raises $20.5mn in private placement, engages Republic Bank
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 8.May.2025) — Touchstone Exploration Inc. successfully raised £15.375mn ($20.5mn) by way of a private placement of 75,000,000 […]
Restriction changes on Russian gas to Europe would disproportionately impact US LNG exports
WASHINGTON, DC (S&P Global Commodity Insights, 8.May.2025, Words: 583) — The US, which currently supplies half of Europe’s liquefied natural gas (LNG) imports and roughly 15% of […]
Trinidad looks towards Grenada and Suriname for energy deals
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 8.May.2025, Words: 360) — Natural gas-dependent Trinidad and Tobago is looking north and south of its maritime […]
Sheinbaum says Mexico’s economy shows signs of resilience
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 8.May.2025, Words: 450) — Mexico’s economy, principally driven by its powerful manufacturing sector, continues to throw off […]
Sempra Infrastructure eyes spring 2026 start-up for Energía Costa Azul (ECA) LNG Phase 1
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 8.May.2025, Words: 474) — Sempra Infrastructure continued to make progress during the first-quarter 2025 (1Q:25) towards advancing […]
Venezuela and Russia ink strategic cooperation and partnership agreement, eye GLONASS
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.May.2025, Words: 191) — A 10-year strategic cooperation and partnership agreement was signed in Moscow by Venezuela’s president […]
Ecopetrol eyes Gato do Mato production offshore Brazil in 2029, reserve incorporations in 2025
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.May.2025, Words: 275) — Colombia’s state-owned Ecopetrol SA expects its Gato do Mato project offshore Brazil in […]
Ecopetrol reports output of 745,000 boe/d in 1Q:25, updates on Buena Suerta-1 well
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.May.2025, Words: 432) — Colombia’s state-owned Ecopetrol SA reported hydrocarbon production of 745,000 barrels of oil equivalent […]
Grain Belt Express awards $1.7bn to US contractors Quanta and Kiewit
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 7.May.2025) — Grain Belt Express, the largest electric transmission project in the US, announced nearly $1.7bn in combined US contractor […]
PEC Ltd. $160mn buyout and privatization by Liberty Energy Solutions Ltd
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 7.May.2025) — PEC Ltd shareholders approved a transaction valued at $160mn for the 100% acquisition by Alliance Energy Services Pte […]
Dräger Marine & Offshore wins five-year contract with UK North Sea operator
PHILADELPHIA, PENNSYLVANIA (Philipp Markopulos, Energy Analytics Institute, 7.May.2025) — Dräger Marine & Offshore (DMO), involved in field safety technology, secured a long-term deal with a […]
Petrobras’ Anjos: next step around Sirius-2 relates to consultations with Colombia communities
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 6.May.2025, Words: 218) — Plans to move forward development of natural gas resources found in the Sirius-2 […]
ExxonMobil Guyana awaiting completion of onshore power plant to start commissioning gas
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 6.May.2025, Words: 440) — ExxonMobil Guyana, which in Dec. 2024 completed construction of a natural gas […]
Petrobras execs talk Argentina, Bolivia, Brazil, China, and Colombia at OTC media presser
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 6.May.2025, Words: 950) — Petrobras held a special press conference with international press on the sidelines of […]
EP Petroecuador awards tenders to Unipec and Petrochina for 4.32 MMbbls of Napo oil
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 6.May.2025, Words: 125) — EP Petroecuador awarded tenders to the state-owned companies Unipec America Inc. and Petrochina […]
Maduro denounces “terrorist attacks” to Venezuelan electric grid
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 6.May.2025, Words: 171) — Venezuela’s president Nicolás Maduro Moros denounced what he labeled as terrorist attacks targeting the […]
Ecuador inks 4 export deals for 8.64 MMbbls of Oriente oil with Shell, Petrochina and Trafigura
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 6.May.2025, Words: 210) — EP Petroecuador awarded 4 international tenders for the export of 8.64 million barrels […]