(McDermott, 30.Mar.2020) — McDermott International, Inc. has been awarded a sizeable* contract by BHP Billiton Petróleo Operaciones de México, S. De R.L. De C.V. (BHP) to provide pre-front-end engineering design...
(Reuters, 27.Mar.2020) — The price of Mexico’s oil export basket fell to $13.01 per barrel on Friday, down 11.32% from $14.67 per barrel the previous day, state oil company Pemex...
(Reuters, 27.Mar.2020) — Demand for refined products in Latin America is quickly drying up as the coronavirus pandemic worsens, leaving U.S. refiners without their primary export destination as the virus...
(Reuters, 24.Mar.2020) — A price war between the world's oil powerhouses is leaving many producers in Latin American struggling to cover production costs, boosting chances of output cuts and investment...
(Sempra, 24.Mar.2020) — Sempra Energy's senior management team is providing an update on the company's business strategy on an Investor Day conference call, including details on the company's five-year capital...
(Reuters, 24.Mar.2020) — Mexico's Libre Abordo and a related company plan to take some 15 million barrels of Venezuelan crude as part of a first oil-for-food contract with President Nicolas...
(Talos, 23.Mar.2020) — Talos Energy Inc. announced updated full year 2020 financial guidance, inclusive of $170 million of reductions in capital, operating and G&A expenses. The Company will continue to...
(Reuters, 20.Mar.2020) — Spot sales of Latin America's heavy crudes mostly dried up this week amid a demand contraction and steep slump in oil prices that left some heavy grades...
(Reuters, 20.Mar.2020) — Mexico’s heavily-indebted state oil company Petroleos Mexicanos is increasingly vulnerable to low crude prices as the fast-spreading coronavirus outbreak erodes demand and sends markets tumbling, Fitch Ratings...
(Reuters, 20.Mar.2020) — The official selling price of Mexican state-run oil company Pemex’s flagship Maya heavy crude for U.S. Gulf Coast delivery fell by $2.89 per barrel on Friday, according...
(Reuters, 20.Mar.2020) — Mexico’s oil regulator approved on Friday a request by French oil company Total SA to give up its exploration and production rights to a deep water block...
(Energy Analytics Institute, Jared Yamin, 20.Mar.2020) — Mexico’s National Hydrocarbons Commission (CNH) announced updates on three resolutions affecting Total E&P México, S.A. de C.V., Servicios Múltiples de Burgos, S.A. de...
(Reuters, 12.Mar.2020) — Mexican state oil firm Pemex said on Thursday it had received the first payment from a hedging program protecting its revenue from price swings, and that it...
(Oilprice.com, 11.Mar.2020) — Petroleos Mexicanos has been in an unrelenting downward spiral for decades. Pemex, Mexico’s state-owned oil company, has seen a vast and speedy decline of its production rates...
(Reuters, 10.Mar.2020) — Mexico and other nations are seeking to mediate between Russia and Saudi Arabia to end a price war that has battered world markets, Mexico’s finance minister said...
(Reuters, 10.Mar.2020) — Mexico’s finance minister said on Tuesday a $1.4 billion hedge program completely covered 2020 national oil income following a steep drop in crude prices, adding the government...
(Argus, 9.Mar.2020) — Latin America's bold plans to tap deepwater, unconventional and heavy oil reserves — already under pressure by coronavirus in key demand markets — face an even greater...
(Reuters, 9.Mar.2020) — The United States, the European Union, Canada and six European nations have held joint talks on concerns over Mexico’s energy policy, sources told Reuters, as President Andres...
(Talos, 9.Mar.2020) — Talos Energy Inc. announced that it is cancelling its Analyst and Investor Event previously scheduled for March 12, 2020 in New York City due to health and...
(Hexagon, 9.Mar.2020) — Hexagon Mobile Pipeline, a business of Hexagon Composites, has been awarded an order for TITAN® XL modules with an estimated value of $1.7 million from a leading...
(Reuters, 5.Mar.2020) — Mexico's President Andres Manuel Lopez Obrador said on Thursday the country's new energy plan could be ready within 10 days, and the government was analysing proposals by...
(LONGi Solar, 25.Feb.2020) — Invested by French solar energy firm Neoen, the Pachamama photovoltaic power plant, located in the state of Aguascalientes in central Mexico, has a total installed capacity...
(Talos 23.Feb.2020) — Talos Energy Inc. will release fourth quarter and full-year 2019 results for the period ended December 31, 2019 on Wednesday, March 11, 2020 after the U.S. financial...
(Reuters, 19.Feb.2020) — Mexican law enforcement authorities are investigating a former president, Enrique Pena Nieto, as part of an inquiry into corruption, the Wall Street Journal reported on Wednesday. Pena...
(Talos 18.Feb.2020) — Talos Energy Inc. announced full year 2020 operating and financial guidance. The Company also announced that it expects to close the previously announced acquisition of affiliates of...
(Reuters, 6.Feb.2020) — Mexico spent more than 25 billion pesos ($1.37 billion) on its 2020 oil hedging program, the country's finance ministry confirmed on Wednesday after financial website Sentido Comun...
(Reuters, 29.Jan.2020) — Mexico’s state oil company Petroleos Mexicanos wants operational control over a major offshore oil area discovered by a consortium of private companies before development gets underway, its...
(Energy Analytics Institute, Jared Yamin, 19.Jan.2020) — Officials with Mexico's state oil company Petroleos Mexicanos (Pemex) visited three wells: Xikin, Xanab and Tlacame 3. The latter was drilled using the...
(Energy Analytics Institute, Jared Yamin, 15.Jan.2020) — Executives from foreign companies are having a hard time convincing their parent companies to continue dedicating investments to activities in Mexico, according to...
(S&P Global Platts, 8.Jan.2020) — Some Asian importers of Iraqi crude oil may scout for more heavy sour crude from Central and South America in the first quarter, as ongoing...
(Argus, 7.Jan.2020) — Third-party evaluation showed that 60pc of Mexico's major Zama crude discovery lies within Talos Energy's shallow-water block 7, with the remainder on state-owned Pemex's acreage, the private...
(Reuters, 7.Jan.2020) — Three people were injured in a fire on a platform run by Mexican state oil firm Petroleos Mexicanos (Pemex) on Tuesday, the company said, briefly leading to...
(Chron.com, 7.Jan.2020) — Talos Energy touted promising new study results in Mexico's first big deepwater oil discovery, and the Houston producer is pushing to move forward so it can maintain...
(Reuters, 3.Jan.2020) — Mexico threw troubled state oil company Pemex a lifeline in 2019 to stop $80 billion in bonds held by investors worldwide being labeled junk by credit rating...
(Argus, 30.Dec.2019) — Mexican President Andres Manuel Lopez Obrador's pledges to put state-owned Pemex back at the center of policy have worried investors who had banked on joint public-private opportunities....
(Argus, 30.Dec.2019) — Mexico's oxygenates sector — long dominated by methyl tertiary butyl ether (MTBE) — could face market pressures to move toward ethanol as an octane enhancer for gasoline...
(Energy Analytics Institute, Jared Yamin, 18.Dec.2019) — Mexico’s state oil company Petroleos Mexicanos (Pemex) announced plans to conduct an emergency exercise as part of its annual efforts related to emergency...
(S&P Global Platts, 10.Dec.2019) — Pemex's largest hydrocarbon reserve discovery in 30 years is boosting the Mexican government's confidence that the troubled state-run enterprise can reverse a more than decade-long...
(Pemex, 6.Dec.2019) — The President of Mexico, Andrés Manuel López Obrador, accompanied by the General Director of Petroleos Mexicanos (Pemex), Octavio Romero Oropeza, toured the Quesqui oil field, which according...
(S&P Global Platts, 3.Dec.2019) — Argentina's Neuquen province awarded development licenses to Vista Oil & Gas and YPF in Vaca Muerta, a giant shale play that has seen investment and...
(Pemex, 3.Dec.2019) — As part of the Community and Environment Support Program (PACMA), the General Director of Petróleos Mexicanos (Pemex), Octavio Romero Oropeza, presented to the Hidalgo State Governor Omar...
(NYT, Elisabeth Malkin, 1.Dec.2019) — One year into his term, President Andrés Manuel López Obrador faces a stagnant economy and spiraling violence, but Mexicans still place their hopes in him....
(Argus, Sergio Meana, 29.Nov.2019) — Fuel retailers could invest Ps15bn ($750mn) in Mexico next year mostly in 175 greenfield stations — if they can overcome regulatory hurdles — as well...
(Bloomberg, Amy Stillman, Peter Millard and Justin Villamil, 26.Nov.2019) — Companies that help keep Mexico’s faltering oil wells operating are waiting months to get paid and the debts are building...
(JinkoSolar, 26.Nov.2019) — JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, announced it has delivered to X-ELIO, a leading company dedicated...
(Valaris, 25.Nov.2019) — Valaris plc announced new contracts and contract extensions, with associated revenue backlog of approximately $285 million, awarded subsequent to a prior fleet status report dated October 25,...
(Chron.com, Sergio Chapa, 25.Nov.2019) — American oil companies operating south of the border are stepping up their cybersecurity measures after reports of a ransomware attack that allegedly knocked out computers...
(Pemex, 15.Nov.2019) — Petróleos Mexicanos urges the population to ignore fake press releases currently circulating in various news and social media, claiming alleged delays in the payment of the payroll...
(Reuters, 13.Nov.2019) — Mexican national oil company Pemex will not pay a ransom demanded by suspected cyberattackers who targeted the firm's computer systems, Energy Minister Rocio Nahle told reporters on...
(Bloomberg, Amy Stillman, William Turton and Alyza Sebenius, 13.Nov.2019) — The hacker behind a cyberattack that has crippled Petroleos Mexicanos’s computer systems since the weekend is hoping to squeeze almost...
(IRENA, 12.Nov.2019) — Latin America and the Caribbean could grow their installed solar capacity by a factor of 40 by 2050, a new report by the International Renewable Energy Agency...
(Pemex, 11.Nov.2019) — In the light of the tidal wave of false rumors and press releases, articles and social media posts that claim there was an attack on the internal...
(Project Syndicate, Mauricio Cárdenas, 5.Nov.2019) — Some regard Latin America as the world’s new oil frontier, and think that the region could potentially add three million barrels per day to...
(Argus, 29.Oct.2019) — Mexico expanded its clean energy certificates (CELs) to legacy, mostly hydropower generators previously excluded from the program, which was created primarily to boost new wind and solar...
(McDermott, 28.Oct.2019) — McDermott International, Inc. announced substantial completion of PEMEX Exploracion y Produccion's Abkatun-A2 Platform. The production platform is located in Mexico's Bay of Campeche in the Gulf of...
(Reuters, 26.Oct.2019) — Mexican prosecutors have requested help from Interpol to locate the former head of Mexico’s oil workers union, Carlos Romero Deschamps, just days after he resigned amid allegations...
(Reuters, Devika Krishna Kumar and Stefanie Eschenbacher, 23.Oct.2019) — Mexico’s finance ministry has completed a majority of its annual oil hedging program, working with at least four top investment banks...
(NYT, Elisabeth Malkin, 16.Oct.2019) — The longtime leader of Mexico’s oil workers union, a powerful figure who had become emblematic of graft in the state-owned oil company and yet seemed...
(EDP Renováveis, 30.Sep.2019) — EDP Renováveis, S.A. (EDPR) secured a Power Purchase Agreement (PPA) to sell the energy produced by a wind farm project of 100 MW. The contract is...
(Pemex, 27.Sep.2019) — During its 122nd ordinary session, following a proposal placed by its Chairman, the Board of Directors of PMI Comercio Internacional appointed Ulises Hernández Romano as its new...
(Sempra, 26.Sep.2019) — Sempra Energy announced that its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) (BMV: IENOVA), has signed two 15-year clean energy contracts with subsidiaries of Comercializadora...
(Pemex, 26.Sep.2019) — Petróleos Mexicanos (PEMEX) announced the early participation results of (a) its offers to exchange any and all of its outstanding series of securities set forth in the...
(Pemex, 24.Sep.2019) — Petróleos Mexicanos (Pemex) reports that the recent demonstrations demanding changes to the working conditions of its trusted employee base are imprecise and aimed at discrediting the responsible,...
(Pemex, 23.Sep.2019) — Today, Petróleos Mexicanos (Pemex) successfully finalized an early debt payment operation. This operation was announced on September 12, and consisted on using the capital received from the...
(Pemex, 19.Sep.2019) — For the commemoration of the National Civil Protection Day, management and operating personnel at various Petróleos Mexicanos (Pemex) facilities in the country participated in the 2019 National...
(IFC, 18.Sep.2019) — The International Finance Corporation (IFC), member of the World Bank Group, and Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy and a leading global developer...
(IMG, 17.Sep.2019) — Infraestructura Marina del Golfo (IMG), a joint venture between TC Energy Corporation (TC Energía) and Infraestructura Energética Nova (IEnova), announced commencement of the commercial operation of the...
(Pemex, 11.Sep.2019) — Pemex announced a series of measures intended to improve its financial condition. This operation considers a capital contribution from the Federal Government equivalent to 5 billion US...
(Talos, 11.Sep.2019) — Talos Energy Inc. announced that it has received a two-year contract term extension as well as regulatory approvals for additional exploration activities on Block 7, located in...
(Pemex, 11.Sep.2019) — Petróleos Mexicanos (Pemex) announced a series of measures intended to improve its financial condition. First, Pemex announced that it expects to receive a capital contribution (the "Capital...
(Alpek, 10.Sep.2019) — Alpek, S.A.B. de C.V. says it has met all the legal dispositions required by the Comisión Federal de Electricidad (CFE) and Centro Nacional de Control de Energía...
(Moody’s, 9.Sep.2019) — The credit ratings of a substantial number of energy companies in the Americas are currently near the "crossover zone," or the boundary between investment grade and speculative...
(Aljazeera, 9 Sept 2019) — Mexico's government cautiously freed up funds for spending in its 2020 budget proposal on Sunday, slightly loosening a primary surplus target as it aimed to...
(Bloomberg, Amy Stillman, Nacha Cattan and Eric Martin, 9.Sep.2019) — Mexico’s balanced budget for next year depends in part on its oil company boosting production by about 17%, something that...
(Reuters, Devika Krishna Kumar, Stefanie Eschenbacher, 5.Sep.2019) — Mexico has made the first moves to launch its annual $1 billion oil hedging program by asking banks for quotes, sources familiar...
