Energy Analytics Institute (EAI)

Zachry Gets Court Approval for Restructuring Plan

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 26.Feb.2025) — Zachry Holdings, Inc. (ZHI) said the U.S. Bankruptcy Court for the Southern District of Texas confirmed […]

Ovintiv Eyes Production of 595,000-615,000 boe/d in 2025 with Montney Leading the Way

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 26.Feb.2025) — Ovintiv Inc. revealed its full year 2025 capital program of $2.15bn-$2.25bn, which is expected to deliver […]

Petrobras Informs About Shareholder Remuneration

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 26.Feb.2025) — The Board of Directors of Petrobras authorized the submission to the Annual General Meeting (AGM), scheduled […]

Bristow highlights headwinds amid opportunities in Nigeria, Brazil and Suriname

HOUSTON, TEXAS (By editors at Energy Analytics Institute, 26.Feb.2025, Words: 393) — Bristow Group Inc., a global provider of innovative and sustainable vertical flight solutions, […]

bp resets business strategy

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 26.Feb.2025) — UK energy giant bp introduced a fundamentally reset strategy, with significant capital reallocation, and plans to […]

Texas’ ExxonMobil Logical Candidate to Buy Targa, According to East Daley

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 26.Feb.2025) — Texas-based ExxonMobil Corporation is a logical candidate to acquire Targa, as it currently supplies approximately 30% […]

SLB Opens New Office in Paramaribo, Expands Presence in Suriname

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 26.Feb.2025) — SLB opened its new office in Paramaribo, Suriname. Operating for over 60 years in Suriname, […]

Venezuela’s Delcy Rodríguez comments on US sanctions on Chevron Venezuela

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 26.Feb.2025) — Venezuela’s Executive Vice President and Energy Minister Delcy Rodríguez said the idea of renewed sanctions […]

Petrobras Eyes 2.5 MMb/d Production Milestone by 2027, CEO Chambriard Says

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 26.Feb.2025) — Petrobras looks to boosts its oil production by 100,000 barrels per day (b/d) as it […]

Sempra eyes start-up at ECA LNG Phase 1 in Mexico in spring 2026, Vista still in development

NEW ORLEANS, LOUISIANA (Pietro D. Pitts, Energy Analytics Institute, 25.Feb.2025, Words: 392) — Located in Baja California, Energía Costa Azul (ECA) LNG Phase 1 continues […]

Shell LNG Outlook 2025 [PDF Download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Feb.2025) — The global trade of liquefied natural gas (LNG) reached 407 million tonnes (Mt) in 2024, up […]

Panama Chamber of Commerce Readies for 5 Events, Including the Int’l Electric Expo

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 25.Feb.2025) — The Chamber of Commerce, Industries and Agriculture of Panama (CCIAP) expects to receive 15,000+ visitors […]

Bladex and BTG Pactual Lead New Credit Facility for GeoPark Colombia SAS

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 25.Feb.2025) — Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) and Banco BTG Pactual S.A. – Cayman Branch […]

bp and Iraq Reach Final Agreement for Kirkuk Oil Field Redevelopment

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Feb.2025) — bp reached agreement on all contractual terms with Iraq to invest in several giant oil fields […]

Woodside’s record 530,000 boe/d output in 2024 aided by Sangomar

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Feb.2025) — Australia’s Woodside Energy reported record production of 193.9 million barrels of oil equivalent (MMboe), or 530 […]

Quantum Capital’s 30 MTPA Mexico Pacific project falls apart as originally envisioned

NEW ORLEANS, LOUISIANA (Pietro D. Pitts, Energy Analytics Institute, 24.Feb.2025, Words: 1,533) — Quantum Capital Group‘s short-lived love affair with Mexico, or more specifically Mexico […]

Treasury’s Bessent makes introductory call with Argentine finance minister Luis Caputo

NEW ORLEANS, LOUISIANA (Pietro D. Pitts, Energy Analytics Institute, 23.Feb.2025) — US Treasury secretary Scott Bessent conducted an introductory phone call with Argentine finance minister […]

LatAmNRG Heard: Halliburton Argentina firings, Equinor’ Vaca Muerta assets

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 21.Feb.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 21 […]

Ecopetrol to Guarantee Adequate Representation at 28 Mar. 2025 Shareholder Meeting

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 21.Feb.2025) — The Board of Directors of Ecopetrol SA approved implementation of measures aimed at guaranteeing the […]

Goldman Sachs Notifies Brava Energia of Change in Equity Interest

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 21.Feb.2025) — Goldman Sachs & Co. LLC notified Brava Energy SA about a change in its position denominated […]

Ecopetrol Reports 104% Reserves Replacement in 2024, Average Reserve Life of 7.6 Years

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.Feb.2025) — Bogotá-based Ecopetrol SA boosted its net proven crude oil, natural gas and condensates reserves (1P […]

Venezuela flared 46% of its 3,895 MMcf/d of natural gas production in 2024

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 21.Feb.2025, Words: 1,030) — Oil producing Venezuela, a founding member of the Organization of the Petroleum Exporting […]

Greenwave Technology Not Looking to Raise Capital for Now

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 21.Feb.2025) — Greenwave Technology Solutions, Inc., despite receiving numerous inquiries from investors, has no immediate plans to raise […]

PDVSA Returns to Buying Light Oil: Reuters Says

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 20.Feb.2025) — Petróleos de Venezuela S.A. (PDVSA) has reportedly resumed its purchases of light crude oil abroad, […]

Sheinbaum Comments on Mexico’s Just Energy Plan for Durango

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 20.Feb.2025) — Under Plan Mexico, president Claudia Sheinbaum Pardo said her government was pursuing a fair energy […]

Pan Global Eyes Testing 5 New Targets at Escacena in Southern Spain

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 20.Feb.2025) — Pan Global Resources Inc. said that at the high-priority Bravo target at it 100%-owned copper, tin, […]

Equinor engages Bank of America to divest Vaca Muerta participation

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Equinor has reportedly engaged Bank of America to assist the Nordic company with the divestment […]

Excelerate Announces Class A Common Stock $0.06/share Dividend

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Feb.2025) — The Board of Directors of Excelerate Energy, Inc. declared a quarterly cash dividend with respect to […]

Petrobras Inks Deals with Banco do Brasil Including R$6.5bn Export Credit Notes

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Petrobras signed 3 agreements with Banco do Brasil including export notes, a revolving credit facility […]

Petrobras Announces Resignation of Marcelo Gasparino da Silva from BODs

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Petrobras received the resignation letter of Marcelo Gasparino da Silva who announced his intention to […]

Equinor to Pay Cash Dividend on 28 Feb. 2025

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Feb.2025) — Equinor ASA announced on 24 Oct. 2024 an ordinary cash dividend per share of $0.35 and […]

Viridien and Matnex to Accelerate AI-powered Materials Discovery

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Feb.2025) — Viridien and Materials Nexus Ltd. (trading as Matnex) will partner to scale Matnex’ computational capacity for […]

Petrobras Inks LNG PSA with UK-based Centrica for 0.8 MTPA Starting in 2027

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Petrobras signed a long-term liquefied natural gas (LNG) purchase and sale agreement (PSA) with the […]

Petrobras to Make First Installment Remuneration to Shareholders

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 20.Feb.2025) — Rio de Janeiro-based Petrobras will make payment of the first installment of shareholder remuneration relating to […]

CPKC Eyes Doubling its Hydrogen Test Fleet in 2025, Prepares for Delivery of Locomotives

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Feb.2025) — Canadian Pacific Kansas City (CPKC) is exploring and investing in innovative technology solutions and projects to […]

Aramco to Acquire 25% Interest in Unioil, Enter Philippines Retail Market

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 19.Feb.2025) — Aramco signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of […]

Repsol Selects IBS Software for Logistics Operations

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 19.Feb.2025) — Spain’s Repsol selected IBS Software to transform its primary logistics operations across multiple locations. The […]

Ecopetrol to Host 4Q:24 Webcast on 5 Mar. 2025

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Feb.2025) — Ecopetrol S.A. plans to release its financial and operating results for the fourth-quarter 2024 and full […]

Matador Eyes Boosting Equivalent Production 20% in 2025 v 2024

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 18.Feb.2025) — Matador Resources Company eyes average daily equivalent crude oil and natural gas production reaching 205,000 boe/d in […]

Suriname overview: energy future looks bright

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 19.Feb.2025, Words: 1,500) — Suriname is located on the northern coast of South America, bordered by the […]

Uranium Energy Reports Key Production at Irigaray CPP in Wyoming

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 19.Feb.2025) — Uranium Energy Corp. achieved a major operational milestone with the successful processing, drying and drumming of […]

Citgo Launches Brand Licensing Program as Part of Fuels Business

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Feb.2025) — The Citgo brand is extending to 5 new geographic markets with the launch of a brand […]

Vista Reports 18% Rise in Reserves, 323% Reserves Replacement Ratio [PDF Download]

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 18.Feb.2025) — Vista Energy, S.A.B. de C.V.‘s estimated and certified proved (P1) oil and gas reserves reached […]

Natura Eyes 2 Advanced Nuclear Projects in Texas

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 18.Feb.2025) — Natura Resources announced deployment of 2 advanced nuclear projects in Texas. The projects aim to enhance […]

TotalEnergies and Air Liquide to Develop 2 Green Hydrogen Projects in the Netherlands

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Feb.2025) — TotalEnergies signed agreements with Air Liquide to develop 2 projects in the Netherlands, for the production […]

Diamondback to Acquire Double Eagle IV in Stock and Cash Deal

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Feb.2025) — Diamondback Energy, Inc. entered into a definitive agreement to acquire certain subsidiaries of Double Eagle IV […]

Xodus Part of Japan’s First Large-scale Carbon Capture and Storage Projects

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — Global energy consultancy Xodus secured a contract to support development of an advanced carbon capture and […]

Venture Global to achieve COD at Calcasieu Pass on 15 Apr. 2025

HOUSTON, TEXAS (By editors at Energy Analytics Institute, 17.Feb.2025, Words: 198) — Venture Global has notified its long-term customers that its Calcasieu Pass facility will […]

TotalEnergies and ENI Ink Deal to Export Cyprus Block 6 Gas Through Egypt

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — France’s TotalEnergies and Italy’s ENI, partners in Cyprus offshore Block 6, signed a Host Government Agreement (HGA) with the […]

TotalEnergies, Masdar and EPointZero to Drive Clean Energy Access in Africa and Asia

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Feb.2025) — Abu Dhabi Future Energy Company PJSC – Masdar, TotalEnergies and EPointZero, the decarbonization arm of 2PointZero, […]