Mexique

Graphano Energy unveils an initial resource estimate for the Lac Saguay graphite deposit

Graphano Energy announces an initial mineral resource estimate for its Lac Saguay graphite properties in Québec, highlighting immediate development potential near major transport routes, supported by independent analyses.

Schlumberger divests assets to secure approval from Canada’s Competition Bureau

The Competition Bureau has required Schlumberger to divest major assets to finalise the acquisition of ChampionX, thereby reducing the risks of market concentration in Canada’s oilfield services sector. —

Saturn Oil & Gas buys back over 1.6 million shares for C$3.46mn in Canada

Saturn Oil & Gas Inc. confirms the acquisition of 1,608,182 common shares for a total amount of USD3.46mn, as part of its public buyback offer in Canada, resulting in a reduction of its free float.
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OPEC Cuts Forecasts but Anticipates Rising Oil Demand

OPEC slightly adjusts its production forecasts for 2025-2026 while projecting stable global demand growth, leaving OPEC+ significant room to increase supply without destabilizing global oil markets.

Brasilia Prepares Trade Countermeasures Amid New U.S. Tariffs of 50%

Brazil adopts new rules allowing immediate commercial measures to counter the U.S. decision to impose an exceptional 50% customs tariff on all Brazilian exports, threatening stability in bilateral trade valued at billions of dollars.

ShaMaran suspends production after explosion at HKN-operated site

An explosion at 07:00 at an HKN Energy facility forced ShaMaran Petroleum to shut the Sarsang field while an inquiry determines damage and the impact on regional exports.
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Tamarack Valley refinances USD 237 mn in bond debt and extends its maturities

The Canadian producer issues USD 237 mn in senior notes at 6.875 % to repay bank debt, repurchase USD 73 mn of 2027 notes and push most of its maturity schedule to 2030.

PetroTal increases production by 15% in Q2 2025 and strengthens liquidity

PetroTal Corp. records production growth in the second quarter of 2025, improves its cash position and continues replacing key equipment at its main oil sites in Peru.

Bomb attack halts operations on Colombia’s Caño Limón-Coveñas oil pipeline

An explosion caused by a homemade explosive device in northeastern Colombia has forced Cenit, a subsidiary of Ecopetrol, to temporarily suspend operations on the strategic Caño Limón-Coveñas pipeline, crucial to the country's oil supply.
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Arctech Brazil obtains FINAME certification and accelerates its regional expansion

Arctech Brazil has received FINAME certification from the National Bank for Economic and Social Development, making financing more accessible for its solar trackers and consolidating its role in the Latin American solar market.

Canada allocates $16mn to modernise grids and drive energy innovation in the Maritimes

A federal funding package of $16mn aims to accelerate grid modernisation, renewable energy development and carbon capture in Canada’s Maritime provinces.

Permex Petroleum raises US$2mn through convertible debentures to support operations

Permex Petroleum Corporation has completed a US$2mn fundraising by issuing convertible debentures, aimed at strengthening its cash position, without using intermediaries, and targeting a single institutional investor.
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Thermal Energy launches a CAD 1.4M heat recovery project

The Canadian group Thermal Energy International has secured a CAD 1.4 million contract to install a heat recovery unit at a European malted barley producer, aiming to reduce energy costs and polluting emissions.

LNG Canada launch has no immediate effect on gas prices

The commissioning of LNG Canada, the first major Canadian liquefied natural gas export facility led by Shell, has not yet triggered the anticipated rise in natural gas prices in western Canada, still facing persistent oversupply.

Horizon Petroleum prepares its first gas drilling in Poland for August 2025

Horizon Petroleum Ltd. is advancing towards the production launch of the Lachowice 7 gas well in Poland, having secured necessary permits and completed preliminary works to commence operations as early as next August.
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Maldives grants first-ever energy permit to Abraxas Power Corp.

Abraxas Power Corp. receives unprecedented authorisation from Maldivian authorities to develop a 100 MW solar project within a new special economic zone, targeting energy security and national climate objectives.

Petro-Victory Energy successfully completes drilling of AND-5 well in the Andorinha field, Brazil

Petro-Victory Energy announces the completion of drilling operations for the AND-5 well in the Andorinha field, Brazil, with positive reservoir results and next steps for production.

Canada: CCSN approves the ARC-100 reactor design review

The Canadian Nuclear Safety Commission has identified no major barriers to licensing the ARC-100 reactor, announces ARC Clean Technology.
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Colombia: Perenco accused of funding a paramilitary group between 1997 and 2005

The Colombian prosecutor’s office has seized two offices belonging to the oil company Perenco in Bogotá. The company is accused of financing the United Self-Defense Forces of Colombia (AUC) in exchange for security services between 1997 and 2005.

MPC Energy Solutions sells its stake in the Planeta Rica solar project in Colombia

MPC Energy Solutions has signed an agreement to sell its stake in the Planeta Rica solar project in Colombia. The transaction is expected to close by the end of 2025.

Strathcona sells Montney assets for $2.84bn and acquires rail terminal

Strathcona Resources reshapes its portfolio with the $2.84bn sale of Montney gas assets and a $45mn acquisition of the Hardisty Rail Terminal to refocus on heavy oil operations.

Enbridge sells 12.5% stake in British Columbia pipeline to 36 First Nations

A CAD715mn ($524mn) partnership enables First Nations to co-own the Westcoast system, backed by a federal loan guarantee of CAD400mn ($293mn).

Quebec modernises gas regulations and integrates industrial hydrogen

Quebec opens public consultation on draft regulations to revise gas standards and frame the integration of hydrogen, with feedback expected by 27 June.
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Africa Oil doubles production with Prime and issues $25mn dividend

Africa Oil completed the integration of Prime, doubling its production and reserves, while declaring a second quarterly dividend of $25mn supported by strong cash generation.

Enel launches Nuclitalia to invest in small nuclear reactors in Italy

Energy group Enel partners with Ansaldo and Leonardo to form Nuclitalia, a joint venture focused on developing small modular reactor technologies as Italy considers a return to civilian nuclear power.

Boralex Reports $41 Million Profit Despite Lower Energy Production

Boralex announces quarterly net earnings of CAD 41 million, marked by a 4% decrease in energy production, despite successfully commissioning its first wind farm in the United Kingdom.
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42% growth in small modular reactor pipeline driven by data centre demand

The small modular reactor (SMR) pipeline increased by 42% in Q1 2025, reaching 47 GW, driven by the growing demand from data centres, according to a report from Wood Mackenzie.

LNG Energy Group targeted by trade ban after delayed filing

The Ontario Securities Commission has imposed a trading suspension on LNG Energy Group due to the non-filing of its annual financial statements for fiscal year 2024.

Aecon secures $934mn contract for Darlington SMR construction

Aecon Kiewit Nuclear Partners will lead construction of North America’s first grid-scale small modular reactor, with commercial operation expected in 2030.
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Enbridge posts record $1.71bn profit and reaffirms investment strategy

Enbridge reported a sharp rise in first-quarter 2025 results, driven by its hydrocarbon transport operations and recent acquisitions, while reaffirming its full-year financial outlook.

Alder Renewables and Bioénergie AECN launch Project Avance to produce sustainable aviation fuel in Québec

Project Avance aims to build a pilot plant in Québec to produce Sustainable Aviation Fuel (SAF) from sawmill residues, contributing to the decarbonisation of the aviation sector.

Craig Steinke appointed CEO of BluEnergies following James Deckelman’s departure

BluEnergies Ltd. has announced the immediate appointment of Craig Steinke as Chief Executive Officer, succeeding James Deckelman, who is stepping down for personal reasons.
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The discovery of 96% natural hydrogen renews interest in Kansas subsurface

PureWave Hydrogen is accelerating exploration activities near the Sue Duroche 3 well, where HyTerra confirmed a 96.1% concentration of natural hydrogen, reinforcing the geological potential of the Nemaha Ridge area.

Veolia takes full control of WTS in a $1.75 billion deal

Veolia acquires full ownership of Water Technologies and Solutions by purchasing the 30% stake held by CDPQ, further consolidating its growth strategy focused on industrial water technologies.

Exterra raises CA$20mn to industrialise mining residue transformation in Québec

Québec-based Exterra Solutions Carbone closes a CA$20mn Series A round to build the world’s largest asbestos residue treatment plant and expand its technologies internationally.
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Hydro-Québec commits to 3,000 MW in solar with an initial 300 MW call

Hydro-Québec launches a 300 MW call for interest to initiate an investment plan targeting 3,000 MW of solar by 2035, marking a new strategic direction for the state-owned utility.

Quebec launches call for projects to boost solar energy production

The Quebec government announces a new solar energy initiative, partially addressing a proposal submitted by the opposition in 2024.

Oil rebounds over 3% driven by gasoline demand

Crude prices gained momentum after a drop triggered by OPEC+, supported by strong gasoline demand in the United States ahead of the summer season.
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Sunoco acquires Parkland for $9.1bn and creates new listed entity SUNCorp

US distributor Sunoco will acquire Canada's Parkland for $9.1bn, including debt, in a mixed transaction and form a separate listed entity, SUNCorp, whose shares will be treated as corporate stock for tax purposes.

SkyFire Energy reaches 10 MW installed with Jayman BUILT and targets new projects

SkyFire Energy achieves 10 MW of installed solar capacity in partnership with Jayman BUILT and launches a new donation cycle to associations, including Discovery House in Calgary.