Energy Analytics Institute (EAI)

Staastolie Eyes Revenues of $720mn and EBITDA of $600mn in 2024

CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 30.Dec.2024) — Staatsolie Maatschappij Suriname N.V. expects its consolidated revenue will reach $720mn in 2024, down slightly compared […]

Staatsolie Provides Highlights of Key 2024 Activities

PARAMARIBO, SURINAME (Staatsolie, 30.Dec.2024) — With the approval of the development plan and the announcement of the final investment decision (FID) for a production field […]

LNG, ammonia and methanol exporter Trinidad declares state of emergency

(Piero Stewart, Energy Analytics Institute, 30.Dec.2024) — The government of the Caribbean country Trinidad and Tobago declared a state of public emergency. The notice from […]

Brava Energia restarts production at Papa-Terra asset

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 30.Dec.2024) — Brava Energia SA said that production at the Papa-Terra asset was resumed. Resumption of production […]

Brava Energia gets ANP approval to start production at Atlanta FPSO

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 30.Dec.2024) — Brava Energia SA has received authorization on 30 Dec. 2024 from Brazil’s National Agency of […]

Cheniere’s CCL Stage 3 Produces First LNG

(Steve Stewart, Energy Analytics Institute, 30.Dec.2024) — Cheniere Energy, Inc. produced liquefied natural gas (LNG) for the first time from Train 1 of the company’s […]

Ecopetrol Closes Deal with Repsol for 45% Interest in Colombia’s CPO-9 Block

(Piero Stewart, Energy Analytics Institute, 29.Dec.2024) — Colombia’s state-owned Ecopetrol successfully concluded negotiations with Spain’s Repsol to acquire the remaining 45% of its interest in […]

Sonora governor Alfonso Durazo pledges to continue with Plan Sonora in 2025

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 29.Dec.2024, Words: 171) — In 2025, with the support of Mexico’s president Claudia Sheinbaum Pardo, the […]

Commentary: Mexico’s Electricity Problem Requires Massive Investments to Resolve

(Pietro D. Pitts, Energy Analytics Institute, 29.Dec.2024) — While Mexico continues to face electricity problems derived from poor management of energy production and distribution to […]

EAI Mexico NRG Dashboard 4Q:24 [PDF Download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Dec.2024) — Energy Analytics Institute‘s Mexico NRG Dashboard 4Q:24 with upstream, downstream, midstream, LNG, renewable, new energies and […]

EAI Southern Cone NRG Dashboard 4Q:24 [PDF Download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 28.Dec.2024) — Energy Analytics Institute‘s Southern Cone NRG Dashboard 4Q:24 with upstream, downstream, midstream, liquefied natural gas (LNG), […]

EAI Andean NRG Dashboard 4Q:24 [PDF Download]

(Energy Analytics Institute, 28.Dec.2024) — Energy Analytics Institute‘s Andean NRG Dashboard 4Q:24 with upstream, downstream, midstream, LNG, renewable, new energies and other updates from Colombia, […]

EAI North America NRG Dashboard 4Q:24 [PDF Download]

(Energy Analytics Institute, 28.Dec.2024) — Energy Analytics Institute‘s North America NRG Dashboard 4Q:24 with upstream, downstream, midstream, LNG, renewable, new energies and other updates from […]

Borusan to Invest $68mn on Steel Pipe Facility in Panama City

(Chad Archey, Energy Analytics Institute, 27.Dec.2024) — Borusan Pipe will allocate $68mn to enhance its large-diameter steel pipe production facility in Panama City, Florida. This […]

LatAm NRG heard: Energía Argentina and Transener, Tula and Salina Cruz refineries

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 27.Dec.2024, Words: 250) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 27 […]

Venezuela’s Maduro says investment of up to $52bn procured from BRICS, others

CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 27.Dec.2024) — Venezuela’s president Nicolás Maduro assured that his Caribbean country has procured investments of up to $52bn […]

Brava Energia looks to resume production at Papa-Terra field

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 27.Dec.2024) — Brava Energia SA received authorization from the Brazil’s National Agency of Petroleum, Natural Gas and […]

Petrobras Applauds New E&P Law that Governs Local Content Surpluses

(Aaron Simonsky, Energy Analytics Institute, 27.Dec.2024) — On 26 Dec. 2024, the Brazilian government enacted Law 15,075/2024, which addresses the possibility of transfer of local […]

JinkoSolar Shareholders Pass All Resolutions at Annual Meeting

(Editors at Energy Analytics Institute, 27.Dec.2024) — All of JinkoSolar Holding Co., Ltd.‘s shareholders passed the resolutions proposed at the company’s 2024 annual general meeting […]

Pemex’ crude oil and natural gas production fall sequentially in Nov. 2024

MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 26.Dec.2024) — Petróleos Mexicanos’ combined crude oil and condensate production with partners averaged 1.673 million barrels per day […]

Trinidad’s Atlantic LNG T1 registers 46 months offline, according to MEEI data

(Piero Stewart, Energy Analytics Institute, 25.Dec.2024) — Train 1 of the 4-train Atlantic LNG (ALNG) complex in Trinidad and Tobago has officially been offline now […]

IOCs responsible for 95% of Trinidad and Tobago’s gas output in Sep. 2024

HOUSTON, TEXAS (Piero Stewart, Energy Analytics Institute, 25.Dec.2024) — Natural gas production in Trinidad and Tobago averaged 2.497 billion cubic feet per day (Bcf/d) in […]

5 IOCs in Trinidad Responsible for 32% of Sep. 2024 Oil and Condensate Output

(Piero Stewart, Energy Analytics Institute, 25.Dec.2024) — Crude oil and condensate production in Trinidad and Tobago averaged 54,154 barrels per day (b/d) in Sep. 2024, […]

Final Pluto Train 2 Modules Make it to Pluto LNG Facility [Video]

(Energy Analytics Institute, 23.Dec.2024) — Woodside Energy said the Scarborough Energy Project passed another significant milestone. That, as the final Pluto Train 2 modules arrived […]

Arcadium Lithium Shareholders Approve Rio Tinto Deal

(Editors at Energy Analytics Institute, 23.Dec.2024) — Arcadium Lithium plc, a global lithium chemicals producer, obtained all requisite shareholder approvals in connection with the proposed […]

Petrobras Updates on Redemption of Global Notes due 2025 (5.299%)

(Energy Analytics Institute, 23.Dec.2024) — Petrobras‘ wholly-owned subsidiary Petrobras Global Finance B.V. (PGF) delivered notices to the holders of the outstanding 5.299% Global Notes due […]

Venezuela’s Economic and Oil Production Strides in 2025 at Donald Trump’s Whim

(Pietro D. Pitts, Energy Analytics Institute, 23.Dec.2024) — The directional movements of Venezuela’s economy in 2025 will depend on Washington’s new man in charge, Donald […]

Heritage Continues with Rig 110 Response Efforts

(Piero Stewart, Energy Analytics Institute, 23.Dec.2024) — In the aftermath of the offshore incident 22 Dec. 2024 at Rig 110, Heritage Petroleum Company Limited continues […]

Stena RoRo Takes Delivery of E-Flexer Hybrid Vessel Guillaume de Normandie

(Stena RoRo, 23.Dec.2024) — Stena RoRo has taken delivery of E-Flexer No. 12 – in a series of 15 vessels – from the Chinese shipyard […]

SBM says FPSO Alexandre de Gusmão leaves China for Brazil

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 23.Dec.2024, Words: 428) — The floating production storage and offloading (FPSO) Alexandre de Gusmão has left the […]

MEEI Providing Unconditional Support Related to Rig 110 Accident and Incident Response

(Piero Stewart, Energy Analytics Institute, 23.Dec.2024) — Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) remains fully engaged in assisting both Well Services […]

Petrobras to Pay Dividend to Shareholders

(Aaron Simonsky, Energy Analytics Institute, 23.Dec.2024) — Petrobras plans to pay dividends today as approved by its Board of Directors on 21 Nov. 2024. The […]

Petrobras Terminates Plan to Divest Uruguá and Tamba Fields

(Aaron Simonsky, Energy Analytics Institute, 23.Dec.2024) — Petrobras notified Brava Energia S.A., the controlling shareholder of Enauta Energia S.A., on 21 Dec. 2024 of its […]

Equinor Finalizes Purchase of 10% Shareholding in Ørsted A/S

(Energy Analytics Institute, 23.Dec.2024) — Norway’s Equinor completed its acquisition of a 10% shareholding in Ørsted A/S as previously announced on 7 Oct. 2024. Following […]

CryoPort LNG CEO to Speak at Micogrid Conference in Dallas

(Energy Analytics Institute, 23.Dec.2024) — CryoPort LNG president and CEO Cem Hacioglu will speak at the Microgrid Knowledge Conference to take place 15-17 Apr. 2025 […]

MEEI Releases Holding Statement Regarding Accident at Rig 110

(Piero Stewart, Energy Analytics Institute, 22.Dec.2024) — Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) received reports on 22 Dec. 2024 of an […]

LatAm NRG Heard: Argentina’s GDP, Chevron Venezuela, Plan Mexico

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Dec.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 20 Dec. 2024. […]

GoldMining Renews ATM for Share Distribution up to $50mn

(Energy Analytics Institute, 20.Dec.2024) — GoldMining Inc. renewed its at-the-market (ATM) equity program which allows it to distribute up to $50mn (or the equivalent in Canadian dollars) […]

G Mining Closes Acquisition of Tenements from BHP Group

(Aaron Simonsky, Energy Analytics Institute, 20.Dec.2024) — G Mining Ventures Corp. closed the acquisition of tenements in the Gurupi Gold Belt from wholly owned subsidiaries […]

SBM Offshore to Divest Share in Floventis to Cierco

(Energy Analytics Institute, 20.Dec.2024) — SBM Offshore reached an agreement with Cierco Energy to divest all of its shares in Floventis Energy Ltd. SBM Offshore […]

EDP Awarded 160MW of Capacity Contracts for its First Storage Projects in Poland

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 20.Dec.2024) — EDP Renewables was awarded with 160MW of capacity contracts for its first storage projects in […]

Argentina Reports Energy Trade Balance Surplus between Jan.-Nov. 2024

(Energy Analytics Institute, 20.Dec.2024) — Argentina’s national government said the South American country registered an energy trade balance surplus of over $514mn in Nov. 2024, […]

Brava Energia Inks Brazilian Gas Supply Deal with Cerâmica Serra Azul

(Aaron Simonsky, Energy Analytics Institute, 20.Dec.2024) — Brava Energia S.A. signed a 3-year natural gas supply contract with Cerâmica Serra Azul, an industry located in […]

Turmoil at Colombia’s Ecopetrol Raises Profit Fears Ahead of US Investment Decision

(REUTERS, 20.Dec.2024) — Alleged interference by Colombian President Gustavo Petro in majority state-owned Ecopetrol and purges of hundreds of staff to make way for pro-government […]

Oil production and export boom driving Neuquén’s economy

RIO NEGRO, ARGENTINA (Camilo Ciruzzi, Energy Analytics Institute, 21.Dec.2024) — Production grows 9.5% in the first 10 months of the year, driven by the Neuquén […]

Petrobras Inks Protocol of Intent with CSN, Eyes Hydrogen Plant in Paraná

(Energy Analytics Institute, 19.Dec.2024) — Petrobras inked a Protocol of Intent with a group company dedicated to innovation projects. The agreement between Petrobras and the […]

Petrobras Starts SNOX Unit at Abreu e Lima Refinery

(Energy Analytics Institute, 19.Dec.2024) — Petrobras commenced operation of the atmospheric emissions reduction unit (SNOX) at the Abreu e Lima refinery (RNEST). Reduced emissions at […]

TotalEnergies enters strategic partnership with Terpel Panama

PANAMA CITY, PANAMA (By Aaron Simonsky, Energy Analytics Institute, 19.Dec.2024, Words: 140) — TotalEnergies Marketing USA, Inc.‘s Central America division and Terpel Panama sealed a strategic […]

YPF and Shell Ink PDA for $55bn Argentina LNG 10 MTPA Phase 1

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 19.Dec.2024) — YPF SA president and CEO Horacio Marín, and Shell‘s executive vice resident of LNG Cederic […]

ExxonMobil completes purchase of FPSO Liza Destiny offshore Guyana

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 19.Dec.2024, Words: 300) — SBM Offshore and Exxon Mobil Corporation affiliate ExxonMobil Guyana Ltd. completed a transaction […]