MONTERREY, MEXICO (By Isaac Silvestre, Editores Latin Petroleum, 19.Aug.2026, Words: 120) — Mexico’s Federal Electricity Commission (CFE) put into operation the 135km, 230-kilovolt Wisteria-Herradura transmission line, connecting Mexicali and Tecate.Â
The project, comprised of 429 steel structures, is the first of this magnitude built in the region in 33 years.
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 with $4.4 billion ($2.43 per share – diluted) in second quarter 2024. Included in the quarter was a net loss of $215 million related to […]
(ExxonMobil, 28.Jul.2021) — ExxonMobil said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high quality oil bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) […]
(Exxon, 2.Feb.2024) — Exxon Mobil Corporation announced fourth-quarter 2023 earnings of $7.6bn, or $1.91 per share assuming dilution. Fourth-quarter results included unfavorable identified items of $2.3bn including a $2bn impairment as a result of regulatory obstacles in California that have prevented production and distribution assets from coming back online. Impairments […]