Energy Analytics Institute (EAI)

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 […]

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 […]

Pan Global Reports on Advances at Escacena and Cármenes Projects in Spain

(Editors at Energy Analytics Institute, 9.Jan.2025) — Pan Global Resources Inc. provided a summary of major milestones during the 2024 exploration programs at the company’s […]

Shell Starts Production in US GOM at 100,000 boe/d Whale Development

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.Jan.2025) — Shell plc subsidiary Shell Offshore Inc. announced the start of production at the Shell-operated Whale floating […]

Top 10 US Public Onshore Producers Produced 11.617 MMboe/d in the 1H:24

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 8.Jan.2025) — The top 10 US public onshore producers produced an average 11.617 million equivalent barrels of oil […]

Venezuelan Armed Forces to treat plane carrying Edmundo as “a foreign force”: Rodríguez says

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 8.Jan.2025, Words: 347) — Venezuelan soldiers have an order to treat the aircraft that aims to reach […]

GoGold Reports 36% Rise in Production at Parral in Chihuahua, Mexico

(Editors at Energy Analytics Institute, 8.Jan.2025) — GoGold Resources Inc. reported production for the quarter ending 31 Dec. 2024 of 551,337 silver equivalent ounces, consisting […]

e-STORAGE to Deliver 2 GWh to Copenhagen Infrastructure Partners in the UK

(Editors at Energy Analytics Institute, 8.Jan.2025) — Canadian Solar Inc. said that e-STORAGE, which is part of the company’s majority-owned subsidiary CSI Solar Co., Ltd., […]

Xodus Announces First Ever UK CCS Permit by the NSTA

(Editors at Energy Analytics Institute, 8.Jan.2025) — The Offshore Petroleum Regulator for Environment and Decommissioning, acting on behalf of the UK Secretary of State, agreed […]

WoodMac: Key Upstream Things to Look for in 2025

(WoodMac, 8.Jan.2025) — Improving upstream sentiment comes at a time of high geopolitical tensions, and both supply and demand concerns, setting 2025 up to be […]

Mexico’s sovereignty not to be sacrificed in efforts with US to fight against fentanyl usage

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 7.Jan.2025, Words: 249) — Mexico’s President Claudia Sheinbaum Pardo said her country would do its part […]

Canada Nickel Inks Deal to Create ExploreCo, Consolidate Crawford Surface Right

(Editors at Energy Analytics Institute, 7.Jan.2025) — Canada Nickel Company Inc. inked 2 definitive agreements on 6 Jan. 2025 – the previously announced transaction with […]

GMIN Receives IEP for the Oko West Gold Project in Guyana

(Piero Stewart, Energy Analytics Institute, 7.Jan.2025) — G Mining Ventures Corp. (GMIN) received an interim environmental permit (IEP) from Guyana’s Environmental Protection Agency (EPA) in response to […]

Luca Buys Back Debenture, Continues Repayments with Trafigura Mexico

(Editors at Energy Analytics Institute, 7.Jan.2025) — Luca Mining Corp., along with an arm’s-length third-party corporation, Jaluca Limited, reached an agreement with Urion Holdings (Malta) […]

Goldman Traders Finally Reap Windfall on Freak Mexico Gas Trade

NEW YORK, NEW YORK (Michael O’Boyle and Sridhar Natarajan, Bloomberg, 7.Jan.2025) — Goldman Sachs Group Inc. is set to rake in winnings almost four years […]

APA Corporation Eyes Private Notes Offering for Senior Notes Due in 2035 and 2055

(Editors at Energy Analytics Institute, 7.Jan.2025) — APA Corporation announced plans to offer a series of senior notes due 2035 and a series of senior […]

Brava Energia confirms details around Atlanta field

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 7.Jan.2025) — Brava Energia said 2 new wells in production in the Atlanta Field are still in […]

May Mobility Unveils Autonomous EV with Tecnobus

(Editors at Energy Analytics Institute, 7.Jan.2025) — May Mobility, an autonomous vehicle (AV) technology company, extended its portfolio of AV use cases at CES 2025 […]

Olinia, Mexico’s first 100% Mexican EV ready 2026 World Cup

MEXICO CITY, MEXICO (Fidencio Casillias, Energy Analytics Institute, 3.Jan.2025, Words: 359) — The first prototype of Olinia, Mexico’s first electric vehicle (EV), that will be […]

Phillips 66 Announces $2.2bn EPIC NGL Acquisition [PDF Download]

(Steve Stewart, Energy Analytics Institute, 6.Jan.2025) — Phillips 66 entered into a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which […]

SAExploration Finalizes inApril AS Purchase, Improving Services for Global Seismic Customers

(Editors at Energy Analytics Institute, 6.Jan.2025) — International oilfield services company SAExploration Holdings, Inc. completed the acquisition of Norway-based seabed seismic equipment supplier inApril AS. […]

Vizsla Announces 43% Increase in Measure, Indicated Mineral Resources in Mexico

(Editors at Energy Analytics Institute, 6.Jan.2025) — Vizsla Silver Corp. announced the results of an updated mineral resource estimate for its flagship, 100% owned Panuco […]

Equinor Reports Highest Ever Production in 2024 at NCS Troll Field

(Editors at Energy Analytics Institute, 6.Jan.2025) — Equinor said the Troll field in the North Sea produced more natural gas than ever before in 2024, […]

Talos Energy Interim President and CEO Joseph Mills Resigns with Immediate Effect

(Steve Stewart, Energy Analytics Institute, 6.Jan.2025) — Talos Energy Inc. interim president, CEO and Board member Joseph A. Mills resigned to pursue other opportunities, with […]

China’s Geely Auto Eyes Selling 2.71mn Units in 2025 v. 2.17mn in 2024

(Editors at Energy Analytics Institute, 6.Jan.2025) — Automaker Geely Auto eyes global sells of 2.71mn units in 2025, while evolving the full scale of operating […]

Excelerate Energy Achieves 3,000th STS LNG Transfer with FSRU Excellence

(Steve Stewart, Energy Analytics Institute, 6.Jan.2025) — On 28 Dec. 2024, The Woodlands, Texas-based Excelerate Energy, Inc. safely completed its 3,000th LNG ship-to-ship (STS) operation […]

Commentary: Trinidad Green’s Hydrogen Economy Roadmap

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 5.Jan.2025) — Trinidad and Tobago’s long-term roadmap for a green hydrogen economy includes establishment of a green […]

EP PetroEcuador GM Leydi Jiménez Rivera Visits Shushufindi Field

(Piero Stewart, Energy Analytics Institute, 3.Jan.2025) — EP PetroEcuador general manager Leydi Jiménez Rivera made a technical visit to Block 57 and in specific the […]

LatAm NRG Heard: Keith Rowley Exit, Venture Global IPO

(Editors at Energy Analytics Institute, 3.Jan.2025) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 3 Jan. 2025. —Argentina: Gov’t […]

Harbin Celebrates Milestone with Fabrication of World’s Largest Impulse Runner

(Editors at Energy Analytics Institute, 3.Jan.2025) — Harbin Electric Corporation, involved in power generation technology, achieved a significant milestone in hydropower technology with the successful […]

CNX Comments on Section 45V Hydrogen Production Tax Credit Implementation Guidance

(Editors at Energy Analytics Institute, 3.Jan.2025) — In response to the issuance of final rules regarding the Inflation Reduction Act’s Section 45V Hydrogen Production Tax […]

Mexico’s Sheinbaum says Pemex to pay all its service provider debts

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 3.Jan.2025) — Mexico’s president Claudia Sheinbaum Pardo said payments to services providers of state-owned Petróleos Mexicanos (Pemex) […]

Nippon and US Steel Call Biden Decision to Block Merger Unlawful

(Nippon and US Steel, 3.Jan.2025) — Nippon Steel Corporation and United States Steel Corporation issued the following statement on US President Joe Biden’s decision to […]

EP PetroEcuador eyes 2 new wells from Block 59 Vinita C platform

CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 2.Jan.2025) — EP PetroEcuador has an eye on Ecuador’s Block 59 where it plans to drill 2 new wells […]

YPF Starts Tender for Outstanding 8.500% Senior Notes due Jul. 2025

(Editors at Energy Analytics Institute, 2.Jan.2025) — Argentina’s state-owned YPF Sociedad Anónima commenced a cash tender offer to purchase any and all of YPF’s outstanding […]

Greater Tortue Ahmeyim LNG Flows First Gas Offshore Mauritania and Senegal

HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 2.Jan.2025) — bp has begun flowing gas from wells at the GTA Phase1 liquefied natural gas (LNG) project […]