HOUSTON, TEXAS (Editors at Energy Analytics Institute (EAI), 12.Mar.2025) — Energy briefs and highlights from Day 3 of CERAWeek by S&P Global 2025 in Houston, […]
Liza Unity FPSO World’s First to Receive ABS SUSTAIN-2 Notation
HOUSTON, TEXAS (Lukas von Koch, Energy Analytics Institute, 12.Mar.2025) — The American Bureau of Shipping (ABS)-classed Liza Unity floating production storage and offloading (FPSO) unit […]
AI Driving Data Center Growth, East Daley Says
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 12.Mar.2025) — Data centers are projected to account for nearly half of the 10%-26% rise in US electricity […]
CERAWeek: Context Labs Unveils Open Decarbonization Project with Ecosystem Leaders
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 12.Mar.2025) — Context Labs announced the launch of the Open Decarbonization Project (ODP) — an open-source initiative designed […]
Venezuela’s President Nicolás Maduro Says Oil Production Exceeds 1 MMb/d, to Continue Growing
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 11.Mar.2025) — Venezuela’s president Nicolás Maduro said average Venezuelan oil production exceeded 1 million barrels per day […]
CERAWeek: Argentina to Export 1 MMb/d by 2030, Daniel González Says
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 11.Mar.2025) — Argentina could be exporting 1 million barrels per day (MMb/d) in 5 years, Argentina’s Minister […]
CERAWeek: Petrobras Eyes Subsea-to-Shore for Gas Offshore Colombia, Sylvia Anjos Says
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 11.Mar.2025) — Petrobras plans to commercialize its natural gas discoveries offshore Colombia using subsea-to-shore installations, which will […]
CERAWeek Day 2 NRGBriefs from Harbour and Petrobras to Woodside to PMI Internacional
HOUSTON, TEXAS (Energy Analytics Institute, 11.Mar.2025) — Energy briefs and highlights from Day 2 of CERAWeek by S&P Global 2025 in Houston, Texas spanning executive […]
CERAWeek: bp plc CEO Murray Auchinclose on the Conversations about Gen AI
HOUSTON, TEXAS (Philipp Markopulos, Energy Analytics Institute, 11.Mar.2025) — During CERAWeek by S&P Global, bp plc CEO Murray Auchinclose said his company and others have […]
CERAWeek: Oxy CEO Vicki Hollub Says First Phase of DAC Plant Online by YE:25
HOUSTON, TEXAS (Philipp Markopulos, Energy Analytics Institute, 11.Mar.2025) — Occidental Petroleum looks to have the first phase of its 500,000 tons per year carbon dioxide […]
Baker Hughes, NextDecade Ink Agreement for Rio Grande LNG Expansion Trains
HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 11.Mar.2025) — Baker Hughes and NextDecade Corporation entered into a framework agreement whereby NextDecade will utilize Baker Hughes’ […]
Argentine Fracking Boom in Vaca Muerta: Record-Breaking Activity Continues
RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 11.Mar.2025) — The American shale revolution, this time in Argentina, is picking up and kicking into high […]
HIF Global Awarded First US Approval for e-Fuels Design Pathway
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 11.Mar.2025) — HIF Global has been awarded the first US approval for an e-Fuels pathway. The Tier II […]
CERAWeek: New Report Finds Urgent Need to Expand Energy Supply
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Mar.2025) — According to a report released by S&P Global Commodity Insights, electricity demand in the US is […]
Rystad Forecasts 300,000 b/d Drop in Venezuelan Oil Production with Chevron Exit
PANAMA CITY, PANAMA (Editors at Energy Analytics Institute, 10.Mar.2025) — The 27 Feb. 2025 decision by the US to end Chevron Corporation‘s license in Venezuela […]
CERAWeek Day 1 NRGBriefs from Chevron and Cheniere to Aramco and Shell
HOUSTON, TEXAS (Energy Analytics Institute, 10.Mar.2025) — Energy briefs and highlights from Day 1 of CERAWeek by S&P Global 2025 in Houston, Texas spanning executive […]
CERAWeek: Secretary of Energy Chris Wright Delivers Keynote Remarks
HOUSTON, TEXAS (US Department of Energy, 10.Mar.2025) — U.S. Secretary of Energy Chris Wright delivered remarks today at the 43rd annual CERAWeek by S&P Global, […]
MODS Inks 2-year Contract to Streamline Global Offshore Asset Management
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Mar.2025) — MODS, a provider of intelligent industrial asset management software, secured a 2-year contract with one of […]
Petrobras and Ecopetrol Encounter Good Productivity at DST Offshore Colombia
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 10.Mar.2025) — Rio de Janeiro-based Petrobras said the Drill Stem Test (DST) in the Sirius-2 well, located […]
Schneider Electric Unveils Major new Energy Innovation Center during CERAWeek
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Mar.2025) — Schneider Electric, launched its new Innovation Center in Houston. The opening of the Center coincides with […]
CERAWeek: Energy Analytics Institute (EAI) Launches Battery Recollection Initiative in Mexico
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 9.Mar.2025) — Energy Analytics Institute (EAI), covering the Latin America and Caribbean energy space now for almost a […]
COMMENTARY: Argentina Sets Course to Become a Key Hydrocarbon Exporter
RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 9.Mar.2025) — Argentina’s energy sector is poised to become a major driver of economic growth in the […]
Petrobras to Pay $283mn to EIG Energy to Settle Sete Brasil Lawsuit
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.Mar.2025) — Petrobras‘ Board of Directors approved the settlement agreement to resolve the lawsuit with EIG Energy Fund […]
LatAmNRG Heard: US Pressures IOCs in Venezuela, Mexico Pacific Ltd. and Ebrard’s FDI Expectations
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 7.Mar.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 7 […]
Sempra’s Tania Ortiz Confirms Ongoing Investments of $3.55bn in Baja California, Mexico
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 7.Mar.2025) — Sempra Infrastructure president Tania Ortiz Mena confirmed ongoing investments in Mexico of $3.550bn from 2 […]
ENARGAS Says Operations at Cerri Plant in Bahía Blanca Halted
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 7.Mar.2025) — Argentina’s National Gas Regulatory Entity (ENARGAS) said that due to extreme weather conditions in Bahía […]
bpx Foresees Average Annual Capex of $2.5bn between 2024-2030
HOUSTON, TEXAS (Philipp Markopulos, Energy Analytics Institute, 7.Mar.2025) — bpx energy, which operates in the Permian and Eagle Ford basins in Texas, as well as […]
FACT SHEET: bp America’s Whiting and Cheery Point Refineries
HOUSTON, TEXAS (Philipp Markopulos, Energy Analytics Institute, 7.Mar.2025) — bp operates 2 refineries in the US: Whiting, Indiana, and Cherry Point, Washington with a combined […]
Petrobras Ends Process to Divest of Assets in Petrobras Colombia Combustibles (PECOCO)
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 7.Mar.2025) — The executive board Rio de Janeiro-based Petrobras approved the termination of the divestment project related […]
Argentina’s YPF at a Glance: Vaca Muerta Anchors Record Production and Exports in 2024
RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 7.Mar.2025) — In 2024, Argentina’s state-owned oil and gas company YPF strengthened its leadership in the Vaca Muerta […]
Trump-Sheinbaum Call Positive for Mexico, Sheinbaum Says
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 6.Mar.2025) — Mexico’s president Claudia Sheinbaum Pardo said her country was treated with great respect during her call […]
Citgo Reports Total 4Q:24 Throughput of 887,000 b/d at its 3 Refineries
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 6.Mar2025) — Houston-based Citgo Petroleum Corporation — which owns and operates 3 large-scale, highly complex petroleum refineries with […]
Guyana Turns to Court in Essequibo Region Dispute with Venezuela
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 6.Mar.2025) — Guyana has requested the International Court of Justice (ICJ) indicate provisional measures in the case […]
G Mining Starts Early Construction Works in Guyana at Oko West Gold Project
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 6.Mar.2025) — G Mining Ventures Corp. commenced site preparation activities at its Oko West gold project in Guyana, […]
COMMENTARY: GeoPark Expands Footprint in Vaca Muerta with Key Acquisition
RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 6.Mar.2025) — GeoPark Limited made a strategic move into Argentina’s Vaca Muerta shale play, reinforcing its commitment to […]
![Touchstone’s YE:24 1P Reserves Fall 14% Compared to YE:23 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2023/02/trinidad-cascadura-1-source-touchstone.jpg)
Touchstone’s YE:24 1P Reserves Fall 14% Compared to YE:23 [PDF Download]
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 6.Mar.2025) — Touchstone Exploration Inc. said its gross 1P reserves reached 29,070 thousand barrels of oil equivalent […]
Brava Energia BODs Ponders Divestment of Assets in Bahia State
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 6.Mar.2025) — Brava Energia‘s Board of Directors has defined the scope of the possible divestment of the […]
Baker Hughes and Woodside to Develop Small-Scale Decarbonization Solutions
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 6.Mar.2025) — Baker Hughes and Austrailia’s Woodside Energy entered into a joint initiative to develop a lower […]
WoodMac Donates Solar Power System to Puerto Rican Domestic Violence Shelter
LONDON/HOUSTON/SINGAPORE (Wood Mackenzie, 6.Mar.2025) — To honor the upcoming International Women’s Day, Wood Mackenzie, in partnership with Let’s Share the Sun and other third parties, […]
COMMENTARY: Time for the US, OPEC, Europe China, Asia and Russia to Negotiate
CARACAS, VENEZUELA (Carlos A. Rossi, Energy Analytics Institute, 5.Mar.2025) — A crucial point behind Europe’s motivation to support Ukraine’s president Volodymyr Zelenski is simply to not […]
Aris Mining Updates on Colombian Ministry Resolution in the Santurbán Region
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 5.Mar.2025) — The Colombian Ministry of Environment completed the public consultation process initiated in Nov. 2024 in […]
Ecopetrol Appoints Robledo as New BOD after Palma Resignation
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 5.Mar.2025) — Ecopetrol S.A. announced the resignation of Dr. Edwin Palma Egea, which was submitted today to the […]
First Formal Agreement to Use Norway for Zero- and Low-Emission Aviation Signed
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Mar.2025) — Avinor and the Civil Aviation Authority entered a collaboration to establish Norway as an international test […]
Vermilion Announces Production and Capex Guidance for 2025
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 5.Mar.2025) — Vermilion Energy Inc. announced 2025 production and capital budget guidance which incorporates the closing of the […]
NSTA Reveals its Overview 2025 for the UK Energy Space
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 5.Mar.2025) — The UK is at the start of an exciting new chapter devoted to the vital energy […]
Mexico’s Sheinbaum Popularity May Insulate her from Tariff Devastation
MEXICO CITY, MEXICO (Reuters, 5.Mar.2025) — President Donald Trump’s across-the-board tariffs on goods from Mexico have not only left President Claudia Sheinbaum politically unscathed from […]
South America to Add 160 GW of Solar PV Capacity by 2034
LONDON/HOUSTON/SINGAPORE (WoodMac, 5.Mar.2025) — Wood Mackenzie‘s latest report on the South American solar PV market reveals that the region will add 160 GWdc of solar […]
Equinor Reports Norwegian Sea Gas Find
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 5.Mar.2025) — Equinor and its partners, Okea and Pandion Energy, have proven gas and condensate in the “Mistral […]
US Allies and Foes Braced for More Uncertainty Under Trump 2.0
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 5.Mar.2025) — US tariffs and sanctions have come to the forefront of oil markets and the global […]
Desalination LatAm Recognition Ceremony 2025
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 5.Mar.2025) — The Desalination Latam Recognition Ceremony 2025 will celebrate the most outstanding contributions in desalination, sustainability, and […]
FET Supplies ROV for US River Bed and Offshore Wind Surveys
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 5.Mar.2025) — Forum Energy Technologies’ (FET) Subsea Product Line signed a contract for the sale of an electric […]
Mexico’s Sheinbaum Set to Respond to Donald Trump’s Plan to Impose 25% Tariffs
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 4.Mar.2025) — Mexico’s president Claudia Sheinbaum Pardo plans to announce tariff and non-tariff actions Mexico will carry out […]
Ecopetrol Reports Production of 746,000 boe/d in 2024
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 4.Mar.2025) — Colombia’s state-owned Ecopetrol reported average crude oil and natural gas production of 746,000 barrels of […]
Ecopetrol’s 2024 Earnings Distribution Proposal
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Mar.2025) — Ecopetrol announced its proposal for the distribution of 2024 earnings, which has been approved by its […]
Venezuela Activates Independence Plan After Sanctions Against Chevron
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 4.Mar.2025) — Venezuela’s President Nicolás Maduro ordered activation of the “Absolute Productive Independence Plan” aimed to assist […]
Canada’s Trudeau on Trump’s Tariffs: “We Will Not Back Down From a Fight”
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Mar.2025) — Canada’s prime minister Justin Trudeau said Canada would not back down to tariffs imposed on the […]
![OFAC Releases GL41A Stipulating Chevron Wind Down in Venezuela [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/04/Screenshot_2020-04-25-Chevron-barred-from-drilling-transporting-oil-in-Venezuela-U-S-official.png){kind=icon}
OFAC Releases GL41A Stipulating Chevron Wind Down in Venezuela [PDF Download]
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 4.Mar.2025) — The Office of Foreign Assets Control (OFAC) issued General License No. 41A on 4 Mar. […]
Reset Energy Awarded 250 MMscf/d Nitrogen Rejection Unit for Permian Basin
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Mar.2025) — Reset Energy has been awarded the design and fabrication of a 250 million standard cubic feet […]
Xodus Acquires Daymark Energy Advisors, Expands Power Network Capabilities
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Mar.2025) — Xodus, a global energy consultancy, acquired Daymark Energy Advisors to expand its power networks capabilities across […]
Statement by USCM on Negative Impacts of Impending US Tariffs on Canada and Mexico
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 3.Mar.2025) — The executive committee of the US Conference of Mayors’ (USCM), a nonpartisan organization of cities with […]
Energy Analytics Institute (EAI) to Attend CERAWeek 2025
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 3.Mar.2025) — Energy Analytics Institute (EAI), covering the Latin America and Caribbean energy space now for almost a […]
EnerMech Inks Pre-commissioning Deal for ONE GUYANA FPSO by SBM Offshore
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 3.Mar.2025) — EnerMech, which specializes in integrated solutions for complex projects around the world, has been selected […]
Chevron JVs in Venezuela Producing Around 242,000 b/d or 27% of Venezuela’s Production
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 2.Mar.2025) — 4 Venezuelan joint ventures (JVs) of US-based Chevron Corporation were producing an average 242,000 barrels […]
US Treasury Preparing to Take Action Regarding Chevron Venezuela General License 41
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 2.Mar.2025) — The US Treasury Department is preparing to take action to wind-down General License 41 (GL41) and […]
Mexico’s Sheinbaum Inaugurates Salamanca Combined Cycle Central in Guanajuato
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 1.Mar.2025) — Mexico’s president Claudia Sheinbaum Pardo inaugurated the Salamanca Combined Cycle Central of the Federal Electricity […]
Protected: Ecuador Inks 2 Tenders to Export 4,680,000 bbls in Mar. 2025
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Guyana Denounces Venezuelan Incursion in Offshore Field Operated by ExxonMobil
GEORGETOWN, GUYANA (AP, 1.Mar.2025) — Guyana’s President Irfaan Ali on Saturday denounced an incursion by an armed Venezuelan naval vessel in disputed waters that are […]
Veren Eyes Average Production of 188,000-196,000 boe/d in 2025
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 27.Feb.2025) — Veren Inc., which has started 2025 strong boasting production of 191,000 boe/d in Jan. 2025, […]
NRGBriefs Feb. 2025: Pemex Deer Park, Oxy on CrownRock, Sunoco on Mexican Drug Cartels
HOUSTON, TEXAS (Energy Analytics Institute, 28.Feb.2025) — Energy briefs as well as others related to finance and projects during Feb. 2025 including Petrobras on record […]
NextDecade Announces Development of Trains 6-8 at Rio Grande LNG Facility near Brownsville
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 28.Feb.2025) — NextDecade Corporation, which is developing and constructing the Rio Grande liquefaction and export facility near […]
Paratus Energy Services Eyes Launch of an Offer to Buy Back Own Shares
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Feb.2025) — Paratus Energy Services Ltd. launched an offer to buy back its own shares for an amount […]
Eni and Petronas Combination to Create new Southeast Asian Energy ‘Major’
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Feb.2025) — Italy’s Eni SpA and Malaysia’s national oil company Petronas announced plans to combine select upstream assets […]
ASEA Says 5 Judicial Actions Ongoing Against Saguaro Energía LNG Project
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 28.Feb.2025) — Mexico’s Security, Energy and Environment Agency (ASEA by its Spanish acronym) reports that the Saguaro Energía […]
Flex LNG on European Union’s Emissions Trading System (EU ETS)
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Feb.2025) — Commencing 1 Jan. 2024, the European Union’s Emissions Trading System (EU ETS) was extended to cover […]
Moody’s Maintains Ecopetrol’s Global Credit Rating at Ba1 with a Stable Outlook
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 27.Feb.2025) — Moody’s reported the results of its periodic review of Ecopetrol S.A. on 24 Feb. 2025 […]