PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 16.Jan.2025) — Ecopetrol S.A. announced the following changes will be made in its senior management: — Walter […]
UK-based bp to Reduce Workforce by 5%, Says The Wall Street Journal
HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 16.Jan.2025) — In a cost-cutting move, bp looks to cut 4,700 internal positions, which represent around 5% of […]
Chevron Filed Taxes in Venezuela Despite Sanctions, Documents Show
(BLOOMBERG, 16.Jan.2025) — Chevron Corp. filed tax returns worth about $300 million with the Venezuelan government last year, raising questions about how much President Nicolás […]
US Treasury Releases Guidance on Clean Energy Credits
WASHINGTON, DC (US Department of the Treasury, 16.Jan.2025) — Today, the US Department of the Treasury and Internal Revenue Service (IRS) are releasing additional guidance on […]
Arkansas Lithium Project Finalizes $225mn US DOE Award
(Editors at Energy Analytics Institute, 16.Jan.2025) — The US Department of Energy (DOE) finalized a $225mn grant for the South West Arkansas (SWA) lithium project […]
FACT SHEET: Mineral Extraction from Brines
(Editors at Energy Analytics Institute, 16.Jan.2025) — Direct Lithium Extraction (DLE) is a method of producing lithium from lithium-rich saltwater typically from deep underground reservoirs […]
Trinity Gas Storage’s East Texas Facility Comes Online
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.Jan.2025) — Independent gas storage company Trinity Gas Storage, LLC commenced operations of Phase I at its state-of-the-art […]
EVENT: Unlocking the Potential of Suriname
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.Jan.2025) — Under the theme “Unlocking the Potential of Suriname: A Path Towards Growth and Prosperity,” IBC 2025 […]
GoGold Reveals Results of Los Ricos South FS in Jalisco, Mexico
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 16.Jan.2025) — GoGold Resources Inc. released results of its Feasibility Study (FS) at its Los Ricos South […]
Orvana’s Don Mario project in Bolivia eyes commercial production by early-2026
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.Jan.2025, Words: 261) — Orvana Minerals Corp. provided a progress update for construction and financing activities at Don […]
Formation Metals Acquires N2 Property in Quebec’s Casa Berardi Gold Trend
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 16.Jan.2025) — Formation Metals, a North American mineral acquisition and exploration company, executed an option dated 15 Jan. 2025, […]
A Delayed Energy Transition and the Upstream Sector
LONDON, ENGLAND (Woodmac, 16.Jan.2025) — As the risk of a delayed energy transition scenario increases, so does the possibility of a much greater pull on […]
Venezuela’s Maduro Says Oil Sector of OPEC Country Grew 14% in 2024
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 15.Jan.2025) — Venezuela’s president Nicolás Maduro Moros said his country’s petroleum sector grew 14% in 2024 amid […]
Ecoanalítica Says Venezuela’s Inflation Stood at 61.5% at YE:24
HOUSTON, TEXAS (Piero Stewart, Energy Analytics Institute, 15.Jan.2025) — Venezuela’s accumulated inflation at the end of 2024 stood at 61.5%, which represented a slowdown compared […]
Mexico’s Production Continues Downward Trend, Falls 4.2% in 2024 v 2023
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 15.Jan.2025) — Mexico’s oil production averaged 1.586 million barrels per day (MMb/d) in 2024, down 4.2% from […]
SSR Mining updates on expert findings of Çöpler incident
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 15.Jan.2025, Words: 335) — SSR Mining, following the Çöpler Incident, commissioned Call & Nicholas, Inc. (CNI) to conduct […]
Uranium Energy Boosts Holdings in Anfield Energy
(Editors at Energy Analytics Institute, 15.Jan.2025) — Uranium Energy Corp. completed the acquisition of 107,142,857 common shares of Anfield Energy Inc. on 15 Jan. 2025 […]
Brazil’s Liquid Production on Track to Average 4.2 MMb/d in 2024, 4.4 MMb/d in 2025
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 15.Jan.2025) — Brazil’s total liquids production averaged 4.1 million barrels per day (MMb/d) in Nov. 2024, down […]
Ecopetrol to Temporarily Reduce Conversion Cost of Purchase and Sale ADRs by 50%
(Piero Stewart, Energy Analytics Institute, 15.Jan.2025) — Bogota-based Ecopetrol reached an agreement with JPMorgan Chase Bank N.A., the depositary bank of its American Depositary Receipts […]
Talos finds commercial hydrocarbon quantities at Katmai West #2 in the US GOM
BATON ROUGE, LOUISIANA (BY Steve Stewart, Energy Analytics Institute, 15.Jan.2025, Words: 401) — Houston-based Talos Energy Inc. said the Katmai West #2 well located in […]
Agnico Offers 58% Premium to Shareholders of O3 Mining Inc.
(Editors at Energy Analytics Institute, 15.Jan.2025) — Agnico Eagle Mines Limited and O3 Mining Inc. mailed a letter to shareholders of O3 reminding them to […]
Canada Nickel Awarded $0.5mn to Advance Nickel Processing Facility in Ontario
(Editors at Energy Analytics Institute, 15.Jan.2025) — Canada Nickel Company Inc. has been awarded $500,000 from the government of Ontario’s Critical Minerals Innovation Fund (CMIF) […]
The Milei way: ¡Viva la libertad, carajo!, RIGI, Vaca Muerta and Argentine LNG exports
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 15.Jan.2025, Words: 951) — For energy investors pondering Argentina’s massive Vaca Muerta shale play potential and […]
Well Done Foundation to Plug Over 110 Orphan Wells Starting in 2025
(Editors at Energy Analytics Institute, 15.Jan.2025) — Well Done Foundation (WDF), a national nonprofit whose mission is to plug orphaned oil and gas wells across […]
SENER head Luz Elena González participates in consultation forum in Mexicali
MEXICO CITY, MEXICO (BY Fidencio Casillas, Energy Analytics Institute, 14.Jan.2025, Words: 255) — Mexico’s Secretariat of Energy (SENER), in collaboration with the government of Baja […]
Luca Finishes Drilling Campaign at Campo Morado in Guerrero State, Mexico
(Editors at Energy Analytics Institute, 14.Jan.2025) — Luca Mining Corp. started exploration drilling at the Campo Morado mine project in Guerrero State, Mexico. Campo Morado […]
AWS to Create LatAm Digital Region in Mexico, Invest $5bn in Querétaro
(Fidencio Casillas, Energy Analytics Institute, 14.Jan.2025) — Amazon Web Services (AWS) plans to invest $5bn in Querétaro state in Mexico. The decision will generate over […]
Claudia Sheinbaum’s Plan Mexico contemplates a $277bn investment portfolio
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 13.Jan.2025) — Mexico’s president Claudia Sheinbaum Pardo presented ‘Plan Mexico’ on 13 Jan. 2025. The plan is […]
US 8th LNG Export Terminal Plaquemines LNG Ships First Cargo
(Editors at Energy Analytics Institute, 13.Jan.2025) — Plaquemines LNG, the US 8th liquefied natural gas (LNG) export terminal, shipped its initial cargo on 26 Dec. […]
BMR Energy Divests Operating Plants in the Caribbean and Guatemala to InterEnergy
(Editors at Energy Analytics Institute, 13.Jan.2025) — BMR Energy LLC completed its reorganization and divestiture plan. The company has finalized the sale of its British […]
Petrobras and Unigel continue to analyze fertilizer contracts
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 13.Jan.2025, Words: 99) — Rio de Janeiro-based Petrobras said it is still analyzing with Unigel contracts associated […]
Equinor Awarded 27 New Norwegian Continental Shelf (NCS) Production Licenses
(Editors at Energy Analytics Institute, 13.Jan.2025) — Norway’s Equinor was awarded 20 licenses in the North Sea, 6 in the Norwegian Sea and 1 in […]
Commentary: near-term triggers for ECA, Saguaro Energia, Vista Pacifico and Salina Cruz
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 13.Jan.2025) — Natural gas-short Mexico looks to utilize its proximity to Asia to offer primarily US and […]
Sheinbaum says Pemex to guarantee 1.8 MMb/d, functioning of 8 refineries
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 12.Jan.2025, Words: 202) — Mexico’s president Claudia Sheinbaum Pardo, speaking from El Zócalo in Mexico City, said […]
Mexico reports $39bn in FDI in 2024, Sheinbaum says during speech from El Zócalo
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 12.Jan.2025, Words: 167) — Mexico’s president Claudia Sheinbaum Pardo said foreign direct investment (FDI) in Mexico reached […]
Mexico to Invest $23.4bn to Boost Energy Generation by 22,000 MW by 2030
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 12.Jan.2025) — Mexico looks to make investments of $23.4bn during 2024-2030 to boost its energy generation capacity […]
Work to boost electric supply nears completion in Taquimilán, Neuquén
BELIZE CITY, BELIZE (By Aaron Simonsky, Energy Analytics Institute, 12.Jan.2025, Words: 198) — Work continues to expand the electricity supply in Taquimilán, Neuquén to provide […]
![Namibia Energy Ministry: Shell to Write-Down $400mn in PEL 39 [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/11/Africa-Oil-Announces-the-Entry-of-Shell-Oil-into-Two-Existing-Blocks-and-the-Signing-of-a-New-Block.png)
Namibia Energy Ministry: Shell to Write-Down $400mn in PEL 39 [PDF Download]
(Editors at Energy Analytics Institute, 11.Jan.2025) — Namibia’s Ministry of Mines and Energy issued an official statement saying that Shell will write down $400mn on […]
TotalEnergies Starts Construction of Associated Gas Facility at Ratawi Field
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Jan.2025) — Construction works at ArtawiGas25, a first processing facility for the associated gas from the Ratawi field, […]
LatAm NRG Heard: US Sanctions PDVSA Head, Milei’s Popularity, BP Shuts Azerbaijan Platform
(Editors at Energy Analytics Institute, 10.Jan.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 10 Jan. 2025. […]
Brava Energia Reports on Dec. 2024 Production
(Brava Energia, 10.Jan.2025) — Brava Energia released preliminary and unaudited production data for the month of Dec. 2024. Brava is the operator of the Potiguar […]
Official Statement: Condemning Nicolás Maduro’s Illegitimate Attempt to Seize Power in Venezuela
(US Department of State, 10.Jan.2025) — US Secretary of State Antony J. Blinken issued a statement regarding the situation in Venezuela, including new actions against […]
Official Statement: Multilateral Action Maintains Pressure on Maduro and his Representatives
(US Department of Treasury, 10.Jan.2025) — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning eight Venezuelan officials who lead […]
Constellation to Buy Calpine in $16.4bn Cash, Stock Deal
(CONSTELLATION, 10.Jan.2025) — Constellation and Calpine Corp. announced they have entered into a definitive agreement under which Constellation will acquire Calpine in a cash and […]
Petronas Takes FID for Hidayah Development Project
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 10.Jan.2025) — Petronas subsidiary PC North Madura II Ltd., reached a final investment decision (FID) for the Hidayah […]
Venture Global and Cheniere Energy Seen Ushering in Next US LNG Wave
(Editors at Energy Analytics Institute, 10.Jan.2025) — A long-awaited wave of new LNG demand is coming into view from 2 Gulf Coast projects, Venture Global and […]
Kimmeridge Texas Gas Prices $500mn Notes at 8.50%
(Editors at Energy Analytics Institute, 9.Jan.2025) — Kimmeridge Texas Gas (KTG) successfully priced its inaugural $500mn senior unsecured notes offering at 8.50%. Net proceeds from […]
Petrobras Says Final Favorable Arbitration Award Handed Down
(Aaron Simonsky, Energy Analytics Institute, 9.Jan.2025) — A final favorable arbitration award has been handed down in 1 of the arbitrations taking place before B3‘s […]
CNOOC Fined £825,000 for North Sea Flaring or Venting Breaches
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.Jan.2025) — The North Sea Transition Authority (NSTA) has imposed a penalty of £125,000 on CNOOC Petroleum Europe […]
Fact sheet: $30.25/bbl breakeven for first 4 Stabroek developments offshore Guyana
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 9.Jan.2025, Words: 581) — Not even crude oil prices down to $35/bbl will impact the ability […]