Energy Analytics Institute (EAI)

‘Drill Baby Drill’: Expanding US Supply

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Jan.2025) — Pro-infrastructure and pro-oil policies have the potential to significantly boost industry efficiency, according to US Energy […]

Houston Prepares for Below Freezing Weather

HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 18.Jan.2025) — Residents around the so-called energy capital of the world, Houston, are preparing for below freezing weather […]

LatAm NRG Heard: Mexico 2nd Energy Sector Laws, Drill Baby Drill’s Return

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 17 […]

Pemex Eyes Producing 80% of Fertilizer Supply for National Demand

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — In a move to advance energy sovereignty, state-owned Petróleos Mexicanos (Pemex) has an eye on producing […]

Pemex Head Rodríguez Padilla Says Exploration “an Art to Find Deposits”

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 17.Jan.2025) — The head of state-owned Petróleos Mexicanos (Pemex) Rodríguez Padilla said oil exploration is a fundamental […]

Pemex attends to fire in Tepejí del Río de Ocampo, Hidalgo

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — A fire broke out around 5pm on 17 Jan. 2025 near a Petróleos Mexicanos (Pemex) pipeline […]

Nigeria Officially Joins BRICS as Partner Country

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 17.Jan.2025) — Nigeria formally joined BRICS as a partner country of the grouping. “With the world’s sixth-largest […]

IMF Expects World Output to Rise 3.3% in Both 2025 and 2026 [PDF Download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — The International Monetary Fund (IMF) projects global growth at 3.3% both in 2025 and 2026, below […]

Petrobras Boasts New Refinery Production Records

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 17.Jan.2025) — Rio de Janeiro-based Petrobras said its gasoline and S-10 (low sulfur) diesel production in 2024 […]

Cometa Energía and Tierra Mojada Commence Tender Offers to Purchase for Cash

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — Cometa Energía, S.A. de C.V., a variable capital corporation (sociedad anónima de capital variable) organized and existing […]

Some Parts of Milei’s Capital Buenos Aires Without Energy Amid Summer Heat

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 17.Jan.2025) — Argentina’s President Javier Milei is going through a brutal heat wave, which has left many […]

Reficar Ends Long Legal Process with Chicago Bridge & Iron Company N.V.

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 16.Jan.2025) — Refinería de Cartagena S.A.S. (Reficar) was notified of a decision issued by the Court of […]

Ecopetrol Reveals Changes in Senior Management

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]

(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 […]