Energy Analytics Institute (EAI)

Test Arena operations start in Norway with first flight of all-electric ALIA aircraft

STAVANGER, NORWAY (By Bristol, 8.Aug.2025, Words: 893) — Bristow Norway AS, a subsidiary of Bristow Group Inc., flew BETA Technologies‘ all-electric ALIA CX300 aircraft at Stavanger […]

CNOOC announces Yellowtail project commences production offshore Guyana

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 8.Aug.2025, Words: 226) — CNOOC Limited confirmed the Yellowtail project offshore Guyana in the Stabroek block, […]

China’s foreign ministry responds to Philippine leader’s comment on Taiwan

ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 8.Aug.2025, Words: 463) — China’s foreign ministry and embassy in the Philippines have lodged serious protests with […]

Sheinbaum says Mexico’s inflation dipped to 3.51% in Jul. 2025 [inflation chart]

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 7.Aug.2025) — Mexico’s president Claudia Sheinbaum Pardo highlighted the reduction in inflation in the country, which […]

Guyana production capacity at 900,000 b/d with start of 4th offshore project Yellowtail

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 8.Aug.2025, Words: 288) — ExxonMobil Guyana announced the start of production at Yellowtail, the company’s fourth […]

YPF reports adjusted EBITDA of $1.1bn in 2Q:25 [pdf downloads]

BUENOS AIRES, ARGENTINA (By YPF, 8.Aug.2025, Words: 88) — YPF reported adjusted EBITDA totaled $1,124mn (-10% q/q), primarily explained by Brent contraction, which affected prices […]

Mexico rules out Trump’s reported military plan against drug cartels

MEXICO CITY, MEXICO (By BBC, Nadine Yousif, 8.Aug.2025, Words: 455) — Mexico has said US military would not be entering its territory following reports that […]

Venezuela’s Maduro reveals decree declaring a state of economic emergency

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 8.Aug.2025, Words: 166) — Venezuela’s president Nicolas Maduro Moros took action to implement an economic […]

Equinor says Johan Castberg officially opened

OSLO, NORWAY (By Equinor, 8.Aug.2025, Words: 550) — Today, 8 Aug. 2025, the Johan Castberg field was officially opened by the minister of energy, Terje […]

Maduro says ongoing conspiracies look to undermine Venezuela’s peace

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 7.Aug.2025, Words: 250) — Venezuela’s president Nicolás Maduro Moros warned authorities present at the Federal Council […]

Mexico pivots towards fracking to lift Pemex oil and gas production

MEXICO CITY, MEXICO (By Adriana Barrera, Reuters, 7.Aug.2025, Words: 574) — Mexico is planning to increase the use of hydraulic fracturing to tap unconventional hydrocarbon deposits […]

Pemex plan disappoints suppliers awaiting billions in overdue payments

MEXICO CITY, MEXICO (By Reuters, 7.Aug.2025, Words: 439) — The head of an association representing global oilfield service firms in Mexico said on Thursday that a […]

EAI brief: Asia set to lead LNG demand growth, Cheniere says [pdf download]

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 7.Aug.2025, Words: 105) — Asia is set to lead liquefied natural gas (LNG) demand growth, according to […]

Cheniere and JERA ink long-term LNG SPA for 1 MTPA

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 7.Aug.2025, Words: 281) — Cheniere Energy, Inc. and JERA Co., Inc. jointly announced that Cheniere Marketing, LLC […]

Sempra Infrastructure progressed 5 key projects in 2Q:25 [pdf download]

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 7.Aug.2025, Words: 190) — Throughout the second-quarter 2025, Sempra Infrastructure continued to make progress on 5 significant construction projects, […]

EAI brief: Harbour focused on 3 projects in Argentina from offshore and LNG to Vaca Muerta

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 7.Aug.2025, Words: 384) — Harbour Energy remains focused on 3 projects in Argentina which span the […]

APA ups capital guidance for 2025 for GranMorgu project offshore Suriname

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 7.Aug.2025, Words: 200) — APA Corporation raised the full-year 2025 capital guidance for the 220,000 barrel […]

EAI brief: Harbour Energy focused on Kan and Zama offshore Mexico

MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 7.Aug.2025, Words: 235) — In Mexico, Harbour Energy remains focused on development of its most competitive […]

US sets bounty at $50mn for information leading to arrest and/or conviction of Nicolás Maduro

BATON ROUGE, LOUISIANA (BY Steve Stewart, Energy Analytics Institute, 7.Aug.2025, Words: 261) — The Department of State and the Department of Justice are announcing a […]

Lithium South project sale update and share re-purchase

VANCOUVER, BC (By Lithium South, 7.Aug.2025, Words: 404) — Lithium South Development Corporation is providing an update to it’s news release of 30 Jul. 2025 regarding the […]

Petrobras reports adjusted EBITDA of $10.2bn in 2Q:25 [pdf download]

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 7.Aug.2025, Words: 207) — Petrobras reported adjusted EBITDA without one-off events of $10.2bn in the […]

EAI brief: Baker Hughes completes purchase of Continental Disc Corporation

HOUSTON, TEXAS (By editors at Energy Analytics Institute, 7.Aug.2025, Words: 136) — Baker Hughes completed its all-cash, $540mn acquisition of Continental Disc Corporation (CDC) from investment partnerships managed by Tinicum […]

LAC region to be impacted by uncertainty permeating from Trump’s US [tables]

HOUSTON, TEXAS (By Ofelia Paredes, Energy Analytics Institute, 6.Aug.2025, Words: 527) — “Rising trade barriers and heightened uncertainty globally are weighing on activity in Latin […]

Brava reports record 2Q:25 production of 85.9 Mboe/d [pdf downloads]

RIO DE JANEIRO, BRAZIL (By Brava, 6.Aug.2025, Words: 528) — Brava Energia reported a production record of 85.9 thousand boe/d in the second-quarter 2025 (2Q:25), […]

YPF buys Total’s participation in La Escalonada and Rincón de la Ceniza for $500mn

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 6.Aug.2025, Words: 272) — Argentina’s state-owned YPF SA agreed to purchase 100% of the shares […]

Southern Energy takes FID for 20-year charter of MK II FLNG in Argentina

SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 6.Aug.2025, Words: 356) — Southern Energy S.A. (SESA) reached a final investment decision (FID) for […]

Aramco announces second quarter and half-year 2025 results [pdf download]

DHAHRAN, KINGDOM SAUDI ARABIA (By Aramco, 6.Aug.2025, Words: 359) — “Aramco’s resilience was proven once again in the first half of 2025 with robust profitability, […]

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 […]