Energy Analytics Institute (EAI)

Brava Energia says $260mn expected related to monetization of FPSO Atlanta receivables

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 6.Aug.2025, Words: 233) — Yinson Production Offshore Pte. Ltd. has fully and early settled the […]

Total Austral divests interest in 2 Vaca Muerta blocks to YPF for $500mn

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 6.Aug.2025, Words: 285) — TotalEnergies affiliate Total Austral signed an agreement with YPF SA for […]

Plan Pemex 2025-2035: higher production, lower debt [Plan Pemex pdf download]

MEXICO CITY, MEXICO AND HOUSTON, TEXAS (By Fidencio Casillas and Pietro D. Pitts, Energy Analytics Institute, 5.Aug.2025, Words: 940) — Mexico’s president Claudia Sheinbaum Pardo […]

New Stratus announces significant farm–in MOU with Brazil’s Vultur Oil

CALGARY, ALBERTA (By NSE, 5.Aug.2025, Words: 1,250) — New Stratus Energy Inc. announced the signing of a significant farm-in Memorandum of Understanding (MOU) with Vultur […]

Frontera Energy inks deal for $7.8mn divestment of non-core assets in Ecuador, eyes Colombia

BOGOTA, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 5.Aug.2025, Words: 254) — Frontera Energy Corporation agreed to divest its 50% working interest in the Perico […]

bp reports strong 2Q:25 operational performance [pdf downloads]

LONDON, ENGLAND (By bp, 5.Aug.2025, Words: 90) — bp reported strong operational performance in the 2Q:25 and underlying RC profit of $2.4bn and operating cash […]

MPLX LP reports 2Q:25 financial results, comments on Northwind Midstream deal

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 5.Aug.2025, Words: 350) — MPLX LP reported second-quarter 2025 (2Q:25) net income attributable to MPLX of $1,048mn […]

Gran Tierra buys strategic assets in Ecuador’s Oriente Basin

BOGOTA, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 5.Aug.2025, Words: 556) — Gran Tierra Energy Inc.’s indirect wholly owned subsidiaries, Gran Tierra Energy Ecuador 1 […]

Noble says marketed fleet 75% contracted during the 2Q:25; backlog stands at $6.9bn

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 5.Aug.2025, Words: 470) — Noble Corporation’s marketed fleet of 25 floaters was 75% contracted during the second-quarter […]

EAI brief: Plan Pemex aims to reduce Pemex debt by $10bn by Dec. 2025; to $77.3bn by 2030

HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 5.Aug.2025, Words: 136) — The 2025-2035 strategic plan for Petróleos Mexicanos (Pemex) aims to boost crude […]

EAI brief: SENER head Luz Elena González comments on Plan Pemex, Trion, Zama

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 5.Aug.2025, Words: 342) — The 2025-2035 strategic plan for state-owned Petróleos Mexicanos (Pemex) aims to ensure […]

Marathon lays out refinery capital spending for 2025-2026

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 5.Aug.2025, Words: 301) — Marathon Petroleum Corp.‘s Refining & Marketing 2025 capital spending outlook includes continued high-return […]

Investments to reduce emissions and create jobs in Canada

CALGARY, CANADA (By the Government of Alberta, 5.Aug.2025, Words: 390) — The Government of Alberta announced a $12.7mn investment to support three transformative projects through […]

Silvercorp reveals Ecuador constitutional decision upholding environmental license for El Domo

VANCOUVER, BC (By Silvercorp, 5.Aug.2025, Words: 486) — Silvercorp Metals Inc. reported the Constitutional Court of Ecuador has delivered a unanimous decision rejecting the final legal challenge in Ecuador against […]

Mexico reveals plans to address Pemex debt, boost investment

MEXICO CITY, MEXICO (By Reuters, 5.Aug.2025, Words: 273) — Mexico’s government on Tuesday announced a plan aimed at moving its highly indebted state oil company […]

Trinidad, ExxonMobil agree to terms for deepwater blocks, government sources say

HOUSTON, TEXAS (By Curtis Williams, Reuters, 5.Aug.2025, Words: 580) — Trinidad and Tobago’s government has agreed to award U.S. oil major ExxonMobil acreage in an […]

SENER, SHCP and Pemex unveil 10-year and beyond strategic plan

MEXICO CITY, MEXICO (By Pemex, 5.Aug.2025, Words: 1,096) — Petróleos Mexicanos (Pemex) plays a central role for Mexico, and it belongs to all Mexicans. This […]

East Daley says MPLX deal to buy Northwind Midstream for $2.375bn a “solid move”

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 5.Aug.2025) — MPLX LP entered into a definitive agreement to acquire Northwind Delaware Holdings LLC for $2.375bn […]

Uranium Energy’s Sweetwater project designated for fast-track permitting

CASPER, WYOMING (By Uranium Energy, 5.Aug.2025, Words: 557) — Uranium Energy Corp announced its Sweetwater Uranium Complex has been designated as a transparency project by the US Federal Permitting […]

EAI brief: China and Mexico discuss bilateral ties in Mexico City

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 4.Aug.2025, Words: 107) — Officials from China and Mexico held discussions in Mexico City around promoting […]

Diosdado Cabello says Venezuela “lives off Venezuelans,” not Chevron

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 4.Aug.2025, Words: 209) — The secretary general of the United Socialist Party of Venezuela (PSUV), Diosdado […]

EAI brief: Fitch raises Pemex’ rating B+ to BB with a stable outlook

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 4.Aug.2025, Words: 188) — Last Friday, Fitch Ratings raised Petróleos Mexicanos or Pemex’ rating from B+ […]

bp announces hydrocarbon discovery at Bumerangue exploration well, offshore Brazil

LONDON, UK (By bp, 4.Aug.2025, Words: 529) — bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404km (218 nautical […]

EAI brief: Exmar NV on optional dividend

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 4.Aug.2025, Words: 244) — Exmar NV said that at the extraordinary general meeting of the shareholders […]

Petrobras concludes transfer of Cherne and Bagre fields to Perenco

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 4.Aug.2025, Words: 271) — State-owned Petrobras concluded the transfer of its 100% participation in the Cherne […]

Brava Energia reports historical production record in Jul. 2025 [tables]

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 4.Aug.2025, Words: 304) — Brava Energia renewed its historical production record in Jul. 2025, reaching […]

GreenPower inks $5mn+ deal with State of New Mexico for all-electric school bus pilot program

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 4.Aug.2025) — GreenPower Motor Company Inc. signed a contract with the state of New Mexico to implement an […]

Eight OPEC+ countries eye 547,000 b/d production adjustment [table]

VIENNA, AUSTRIA (By OPEC, 3.Aug.2025, Words: 294) — Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment to market stability on […]

EAI brief takeaway: Pemex’ 1.6 MMb/d production falling short, very short

HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 2.Aug.2025, Words: 240) — Claudia Sheinbaum’s vision to see state-owned Petróleos Mexicanos (Pemex) produce up to 1.8 million […]

Chevron reports 2Q:25 results, updates on Hess deal [pdf downloads]

HOUSTON, TEXAS (By Chevron, 1.Aug.2025, Words: 168) — Chevron Corporation reported earnings of $2.5 billion ($1.45 per share – diluted) for second quarter 2025, compared […]

Sheinbaum says “Mexico won,” referring to her phone call with Trump

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 1.Aug.2025, Words: 395) — Mexico’s president Claudia Sheinbaum Pardo said “yesterday, Mexico won,” referring to the […]

ExxonMobil says 4th FPSO offshore Guyana related to Yellowtail arrives next week

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 1.Aug.2025, Words: 236) — ExxonMobil Corporation expects the arrival next week of its fourth floating production, storage […]

ExxonMobil reports strong 2Q:25 results [pdf downloads]

SPRING, TEXAS (By Exxon, 1.Aug.2025, Words: 65) — ExxonMobil Corporation announced second-quarter 2025 (2Q:25) earnings of $7.1bn, or $1.64 per share assuming dilution. Cash flow […]

Chevron’s CEO Mike Wirth expects limited oil flows from Venezuela to the US

HOUSTON, TEXAS (By Ofelia Paredes, Energy Analytics Institute, 1.Aug.2025, Words: 314) — Chevron Corporation CEO Mike Wirth said recent changes will limit the amount of […]

NextDecade making progress regarding Rio Grande LNG (RGLNG) Phase 1

HOUSTON, TEXAS (By NextDecade, 1.Aug.2025) — NextDecade Corporation provided an update on developmental and strategic activities for the second quarter 2025 and early third quarter 2025. […]

Pemex says CASES has trained 134,338 workers in safety and survival techniques

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 1.Aug.2025, Words: 189) — State-owned Petróleos Mexicanos (Pemex), through its Training Center in Safety, Ecology and […]

Frontera and CGX call on Guyana government to resolve issues around Corentyne block license

CALGARY, AB CANADA (By Frontera, 1.Aug. 2025, Words: 354) — As previously disclosed on 9 May 2025, Frontera and its subsidiaries, Frontera Petroleum International Holding B.V. and […]

Argentina: first review under extended arrangement under fund facility [pdf download]

WASHINGTON, DC (By IMF, 1.Aug.2025, Words: 133) — The new fund-supported program has had a strong start. Appropriately tight fiscal and monetary policies have underpinned […]

Saipem completes pipeline installation for Equinor’s Irpa project in Norwegian Sea

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 1.Aug.2025, Words: 273) — Saipem successfully completed the installation of the subsea pipeline for the Irpa […]

Cox buys Iberdrola Mexico for $4.2bn, sets Mexico investment target at $10.7bn for 2025-2030

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 31.Jul.2025, Words: 477) — Cox Energy, involved globally in water and energy management, announced the acquisition […]

EP Petroecuador says Esmeraldas refinery resumes operations

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 31.Jul.2025, Words: 200) — The Esmeraldas refinery has successfully started up its Crude 2 and Vacuum […]

SENER recognizes Cox Energy’s interest in investing in Mexico

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 31.Jul.2025, Words: 310) — As part of the global investments of the energy company Cox Energy, […]

Sheinbaum negotiates plan for Mexico evade Trump’s tariffs for 90 days

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 31.Jul.2025, Words: 181) — Mexico’s president Claudia Sheinbaum Pardo announced that her country has avoided the […]

Washington-Caracas negotiation doors open as US looks to reduce Chinese influence

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 31.Jul.2025, Words: 520) — The doors to negotiations between Washington and Caracas have not closed completely […]

Viridien reveals 2Q:25 results, updates on extended bond maturity [doc download]

ESSONNE, FRANCE (By Viridien, 31.Jul.2025, Words: 117) — Viridien, formerly CGG, revealed its operating and financial results for the second-quarter 2025(2Q:25), which was marked by […]

EAI brief: Trinidad’s energy ministers meet with high commissioner from India

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 28.Jul.2025, Words: 165) — The co-heads of Trinidad and Tobago’s Ministry of Energy and Energy Industries […]

Spain’s Iberdrola to divest businesses in Sheinbaum’s Mexico for $4.2bn

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 31.Jul.2025, Words: 275) — Iberdrola announced the sale of businesses in Mexico for $4.2bn (approximately €3.7bn). […]

Shell reports 2Q:25 results, comments on LNG Canada [pdf downloads]

LONDON, ENGLAND (By Shell, 31.Jul.2025, Words: 128) — Shell plc Chief Executive Officer, Wael Sawan commented on the company’s second-quarter 2025 results. “Shell generated robust […]

Sempra Infrastructure and JERA ink SPA for US LNG from Port Arthur LNG Phase 2

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 31.Jul.2025, Words: 534) — Sempra subsidiary Sempra Infrastructure announced a 20-year sale and purchase agreement for the […]

Subsea7 and Saipem create “asset disposal” groups [pdf download]

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 31.Jul.2025, Words: 120) — Disposal groups have been created for the assets that are expected to […]