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Category: Mexico

Mexico energy

Mexican President Wants To Dissolve Energy Regulators
Latin America and Caribbean Mexico

Mexican President Wants To Dissolve Energy Regulators

ENERGY ANALYTICS INSTITUTE (EAI)08/01/202115/01/2021
(Argus, 8.Jan.2021) — Mexican President Andres Manuel Lopez Obrador plans to dissolve Mexico's independent energy, telecommunications and competition regulators, incorporating them into government ministries. "These organizations have only served as...
Pemex Investigates Offshore Pipeline Fire
Latin America and Caribbean Mexico

Pemex Investigates Offshore Pipeline Fire

ENERGY ANALYTICS INSTITUTE (EAI)02/01/202105/01/2021
(Argus, 2.Jan.2021) — Mexico's state-run Pemex is investigating the cause of a fire that broke out yesterday on a pipeline that carries hydrocarbons from an offshore production platform near Dos...
20 Companies: The Biggest Polluters In The World
Africa Algeria Iran Iraq Latin America and Caribbean Mexico Middle East North America Saudi Arabia USA Venezuela

20 Companies: The Biggest Polluters In The World

ENERGY ANALYTICS INSTITUTE (EAI)02/01/202105/01/2021
(Insider Monkey, 2.Jan.2021) — In this article we are going to list the 20 companies that are the biggest polluters in the world. Click to skip ahead and jump to...
AMLO’s Nationalism Casts Energy Projects Into Limbo
Latin America and Caribbean Mexico

AMLO’s Nationalism Casts Energy Projects Into Limbo

ENERGY ANALYTICS INSTITUTE (EAI)22/12/202029/12/2020
(Bloomberg, 22.Dec.2020) — Mexican President Andres Manuel Lopez Obrador’s hardball tactics against foreign energy companies are halting projects and reversing a process that until recently made the country one of...
Pemex, Talos To Keep Talking Over Shared Oil Find
Latin America and Caribbean Mexico

Pemex, Talos To Keep Talking Over Shared Oil Find

ENERGY ANALYTICS INSTITUTE (EAI)22/12/202024/12/2020
(Reuters, 22.Dec.2020) — Mexico’s energy ministry has approved a 60-day extension for talks between state oil company Pemex and a private consortium led by U.S.-based Talos Energy Inc over the...
Mexican Watchdog Warns Against Fuel Import Changes
Latin America and Caribbean Mexico

Mexican Watchdog Warns Against Fuel Import Changes

ENERGY ANALYTICS INSTITUTE (EAI)21/12/202029/12/2020
(Argus, 21.Dec.2020) — Proposed changes to rules governing importing and exporting hydrocarbons, refined products and petrochemicals in Mexico would "seriously affect competitive conditions in the commercialization of fuels," competition watchdog...
Moody’s Warns Of Pemex Downgrade
Latin America and Caribbean Mexico

Moody’s Warns Of Pemex Downgrade

ENERGY ANALYTICS INSTITUTE (EAI)15/12/202017/01/2021
(Reuters, 15.Dec.2020) — Mexican state oil giant Pemex could sink deeper into junk territory if Mexico's sovereign credit rating is downgraded, ratings agency Moody's said on Wednesday. Moody's stripped heavily...
Mexico Wrapping Up 2021 Oil Hedging Program
Latin America and Caribbean Mexico

Mexico Wrapping Up 2021 Oil Hedging Program

ENERGY ANALYTICS INSTITUTE (EAI)11/12/202007/01/2021
(Reuters, 11.Dec.2020) — Mexico is wrapping up purchases for the 2021 edition of an oil hedging program that insures its revenues from oil sales, sources familiar with the legendarily opaque...
McDermott Awarded Deal By BHP For Trion Project
Latin America and Caribbean Mexico

McDermott Awarded Deal By BHP For Trion Project

ENERGY ANALYTICS INSTITUTE (EAI)10/12/202014/12/2020
(McDermott, 10.Dec.2020) — McDermott International, Ltd announced it has been selected by BHP Petróleo Operaciones de México, S. De R.L. De C.V. to perform the preliminary Front-End Engineering Design (pre-FEED)...
Heard Mexico: Braskem Ideas Shuts PE Complex
Latin America and Caribbean Mexico

Heard Mexico: Braskem Ideas Shuts PE Complex

ENERGY ANALYTICS INSTITUTE (EAI)03/12/202003/12/2020
(Energy Analytics Institute, 3.Dec.2020) — Brazilian-based Braskem Idesa has shut down its Ethylene XXI polyethylene (PE) complex in the city of Coatzacoalcos, after a Mexican state energy agency shut off...
Sempra Announces Integrated Transactions
Latin America and Caribbean Mexico North America USA

Sempra Announces Integrated Transactions

ENERGY ANALYTICS INSTITUTE (EAI)02/12/202015/12/2020
(Sempra, 2.Dec.2020) — Sempra Energy announced a series of integrated transactions intended to simplify its energy infrastructure investments under one platform – creating scale, unlocking portfolio synergies and better positioning...
Mexico Wins Over $2bn On Oil Hedge
Latin America and Caribbean Mexico

Mexico Wins Over $2bn On Oil Hedge

ENERGY ANALYTICS INSTITUTE (EAI)01/12/202018/01/2021
(Bloomberg, 1.Dec.2020) — Mexico will cash in its oil price insurance policy this year for the fourth time only in the last two decades, receiving a payout of about $2.5...
Pemex To Begin 2021 Oil Hedge Contracting Soon
Latin America and Caribbean Mexico

Pemex To Begin 2021 Oil Hedge Contracting Soon

ENERGY ANALYTICS INSTITUTE (EAI)26/11/202027/11/2020
(Reuters, 26.Nov.2020) — Mexican oil giant Pemex is about to start the process of contracting an oil hedge for 2021, a senior source at the company told Reuters, after the...
Mexico Oil Executive Asked To Resign
Latin America and Caribbean Mexico

Mexico Oil Executive Asked To Resign

ENERGY ANALYTICS INSTITUTE (EAI)26/11/202027/11/2020
(Bloomberg, 26.Nov.2020) — A director at the trading arm of Mexico’s state oil company was asked to resign after authorizing payments under a profit-sharing plan, according to a person familiar...
Sempra Announces FID Of Costa Azul LNG Project
Latin America and Caribbean Mexico

Sempra Announces FID Of Costa Azul LNG Project

ENERGY ANALYTICS INSTITUTE (EAI)17/11/202018/11/2020
(Sempra Energy, 17.Nov.2020) — Sempra Energy announced that its subsidiary ECA Liquefaction (ECA LNG), a joint venture between Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), has reached a...
Mexico To Give Sempra LNG Export Permit
Latin America and Caribbean Mexico

Mexico To Give Sempra LNG Export Permit

ENERGY ANALYTICS INSTITUTE (EAI)13/11/202013/11/2020
(Reuters, 13.Nov.2020) — Mexico will give the local unit of U.S.-based Sempra Energy an export permit for a liquefied natural gas (LNG) facility in northwest Mexico, as long as the...
McDermott On 2nd Shipment Of MODEC FPSO Modules
Latin America and Caribbean Mexico

McDermott On 2nd Shipment Of MODEC FPSO Modules

ENERGY ANALYTICS INSTITUTE (EAI)05/11/202006/11/2020
(McDermott, 5.Nov.2020) — McDermott International, Ltd announced the second shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. (MODEC). It comes just weeks...
Talos Energy Provides Operational Results
Latin America and Caribbean Mexico North America USA

Talos Energy Provides Operational Results

ENERGY ANALYTICS INSTITUTE (EAI)04/11/202006/11/2020
(Talos, 4.Nov.2020) — Talos Energy Inc. announced its financial and operational results for the third quarter of 2020. Key Highlights: -- Production of 48.6 thousand barrels of oil equivalent per...
Beat Invests In A Greener Future In LatAm, CDMX
Latin America and Caribbean Mexico

Beat Invests In A Greener Future In LatAm, CDMX

ENERGY ANALYTICS INSTITUTE (EAI)06/10/202012/10/2020
(Beat, 6.Oct.2020) — An electric fleet for all passengers that sets their hearts on an experience that transcends the limits of simply moving from point A to point B. Beat,...
Mexico Announces Infrastructure Projects
Latin America and Caribbean Mexico

Mexico Announces Infrastructure Projects

ENERGY ANALYTICS INSTITUTE (EAI)05/10/202014/10/2020
(Platts, 5.Oct.2020) — Mexico announced on Oct. 5 a set of infrastructure projects worth almost $14 billion to reactivate the economy, including a new coker for one of its six...
Mexico Unveils Investment Plan Worth Nearly $14 bln
Latin America and Caribbean Mexico

Mexico Unveils Investment Plan Worth Nearly $14 bln

ENERGY ANALYTICS INSTITUTE (EAI)05/10/202005/10/2020
(Reuters, 5.Oct.2020) — Mexico's government and business leaders on Monday presented a series of planned investments worth over 297 billion pesos ($13.83 billion) which President Andres Manuel Lopez Obrador hopes...
IEnova To Report 3Q:20 Earnings On 21 October
Latin America and Caribbean Mexico

IEnova To Report 3Q:20 Earnings On 21 October

ENERGY ANALYTICS INSTITUTE (EAI)01/10/202003/10/2020
(Sempra 1.Oct.2020) — Sempra Energy's Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), plans to release its third-quarter 2020 earnings by 6 p.m. ET, 21 October, in advance of...
Morena Seeks End To Mexico’s Energy Investment
Latin America and Caribbean Mexico

Morena Seeks End To Mexico’s Energy Investment

ENERGY ANALYTICS INSTITUTE (EAI)15/09/202016/09/2020
(Argus, 15.Sep.2020) — Mexico's ruling Morena party presented a constitutional reform proposal that would roll back the historic 2014 energy reform and seek to rescind all contracts awarded to date....
Pemex Head Visits Sonda de Campeche
Latin America and Caribbean Mexico

Pemex Head Visits Sonda de Campeche

ENERGY ANALYTICS INSTITUTE (EAI)11/09/202014/09/2020
(Energy Analytics Institute, 11.Sep.2020) — Pemex head Octavio Romero Oropeza visits workers on the Ayatsil-C y Akal-B platforms in Sonda de Campeche. See these stories and others when they are...
Mexico Slashes Crude Targets In 2021 Budget
Latin America and Caribbean Mexico

Mexico Slashes Crude Targets In 2021 Budget

ENERGY ANALYTICS INSTITUTE (EAI)09/09/202014/09/2020
(Argus, 9.Sep.2020) — Mexico's government slashed its crude oil output forecast for the next four years, with next year's target down by 11pc from the original goal. Mexico's state-owned Pemex...
Mexico’s Environment Minister Resigns
Latin America and Caribbean Mexico

Mexico’s Environment Minister Resigns

ENERGY ANALYTICS INSTITUTE (EAI)02/09/202003/09/2020
(Reuters, 2.Sep.2020) — Mexico's environment minister has resigned after clashing with colleagues over policy priorities, prompting President Andres Manuel Lopez Obrador to defend the government's green credentials on Wednesday. Environment...
Mexico’s Obrador Says 2021 Budget Includes Refinery
Latin America and Caribbean Mexico

Mexico’s Obrador Says 2021 Budget Includes Refinery

ENERGY ANALYTICS INSTITUTE (EAI)02/09/202009/09/2020
(Reuters, 2.Sep.2020) — Mexican President Andres Manuel Lopez Obrador said on Wednesday the 2021 budget would call for spending on priority infrastructure, including refineries and oil production, and would not...
Manuela Molina Named Sempra’s IR Vice President
Latin America and Caribbean Mexico North America USA

Manuela Molina Named Sempra’s IR Vice President

ENERGY ANALYTICS INSTITUTE (EAI)02/09/202003/09/2020
(Sempra, 2.Sep.2020) — Sempra Energy announced that Manuela "Nelly" Molina, currently chief financial officer for Sempra Energy's Mexico subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), has been named vice...
Mexican Oil Union Hints At Strike On Safety Concerns
Latin America and Caribbean Mexico

Mexican Oil Union Hints At Strike On Safety Concerns

ENERGY ANALYTICS INSTITUTE (EAI)01/09/202002/09/2020
(Argus, 1.Sep.2020) — Mexico's oil workers union (STPRM) called on state-owned Pemex to resolve serious operational, safety and security concerns. "We demand our concerns are resolved without delay … the...
Mexico’s Lopez Wants Plan To Execute Energy Vision
Latin America and Caribbean Mexico

Mexico’s Lopez Wants Plan To Execute Energy Vision

ENERGY ANALYTICS INSTITUTE (EAI)11/08/202012/08/2020
(Reuters, 11.Aug.2020) — Mexico's president has given officials until late September to craft a plan to reassert state control over the energy industry as an alternative to constitutional change to...
Work Continues At Dos Bocas In Mexico
Latin America and Caribbean Mexico

Work Continues At Dos Bocas In Mexico

ENERGY ANALYTICS INSTITUTE (EAI)03/08/202004/08/2020
(Energy Analytics Institute, 3.Aug.2020) — Construction work at the Dos Bocas refinery continues, according to recent details from Mexico Energy Secretariat published on Twitter. https://twitter.com/SENER_mx/status/1290277543120175105 __________ By Jared Yamin. ©...
Mexico To Launch World’s Largest Oil Hedge – Sources
Latin America and Caribbean Mexico

Mexico To Launch World’s Largest Oil Hedge – Sources

ENERGY ANALYTICS INSTITUTE (EAI)24/07/202028/07/2020
(Reuters, 24.Jul.2020) — Mexico has asked top Wall Street banks to submit quotes for its giant oil hedging program, sources familiar with the matter said on Friday, while trading in...
Sener To Boost Jobs During Salamanca Refinery Rehab
Latin America and Caribbean Mexico

Sener To Boost Jobs During Salamanca Refinery Rehab

ENERGY ANALYTICS INSTITUTE (EAI)15/07/202021/07/2020
(Energy Analytics Institute, 15.Jul.2020) — Mexico’s Energy Secretariat anticipates a rise in the number of workers to be employed during the rehabilitation of the Salamanca refinery this year versus last....
Talos Instructed To Unitize Zama Field Within 120 Days
Latin America and Caribbean Mexico

Talos Instructed To Unitize Zama Field Within 120 Days

ENERGY ANALYTICS INSTITUTE (EAI)09/07/202010/07/2020
(Talos, 9.Jul.2020) — Talos Energy Inc. announced that on 7 July 2020, that it received a notice from Mexico's Ministry of Energy (SENER) instructing the partners of Block 7 and...
Sener Authorizes Unification Of Zama Shared Deposit
Latin America and Caribbean Mexico

Sener Authorizes Unification Of Zama Shared Deposit

ENERGY ANALYTICS INSTITUTE (EAI)08/07/202008/07/2020
(Energy Analytics Institute, 8.Jul.2020) — Mexico’s Energy Secretary (Sener) instructed the unification of a shared reservoir between the Zama field discovered through Contract CNH-R01-L01-A7 / 2015 by Talos Energy Offshore...
US Gas Exports To Mexico Set To Rise
Latin America and Caribbean Mexico

US Gas Exports To Mexico Set To Rise

ENERGY ANALYTICS INSTITUTE (EAI)06/07/202008/07/2020
(EIA, 6.Jul.2020) — Exports of natural gas by pipeline are the largest component of U.S. natural gas trade, accounting for 40% of all U.S. gross natural gas exports in 2019....
Sempra’s IEnova Unit To Report 2Q:20 Earnings 22 Jul.
Latin America and Caribbean Mexico

Sempra’s IEnova Unit To Report 2Q:20 Earnings 22 Jul.

ENERGY ANALYTICS INSTITUTE (EAI)01/07/202006/07/2020
(Sempra, 1.Jul.2020) — Sempra Energy's Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), plans to release its second-quarter 2020 earnings by 6 p.m. ET, July 22, in advance of...
Maersk Awarded Deal Offshore Suriname
Latin America and Caribbean Mexico Suriname

Maersk Awarded Deal Offshore Suriname

ENERGY ANALYTICS INSTITUTE (EAI)30/06/202001/07/2020
(Evercore ISI, 30.Jun.2020) — Maersk Drilling announced the 6th-Gen Maersk Developer was awarded a one-well exploration contract from Petronas for offshore Suriname. The $20.4M backlog includes integrated drilling services and...
Mexico Antitrust Body Takes On Govt Over Energy Policy
Latin America and Caribbean Mexico

Mexico Antitrust Body Takes On Govt Over Energy Policy

ENERGY ANALYTICS INSTITUTE (EAI)22/06/202024/06/2020
(Reuters, 22.Jun.2020) — Mexico's antitrust regulator said on Monday it had filed a suit at the Supreme Court against the energy ministry, arguing that steps taken by the government last...
Mexico’s Lopez Says He’d Sell Fuel To Venezuela
Latin America and Caribbean Mexico

Mexico’s Lopez Says He’d Sell Fuel To Venezuela

ENERGY ANALYTICS INSTITUTE (EAI)15/06/202022/06/2020
(Reuters, 15.Jun.2020) — Mexican President Andres Manuel Lopez Obrador said on Monday his country would, for “humanitarian” reasons, sell gasoline to Venezuela if asked to do so, despite a raft...
Mexico’s Oil Hedge To Be Pricier
Latin America and Caribbean Mexico

Mexico’s Oil Hedge To Be Pricier

ENERGY ANALYTICS INSTITUTE (EAI)15/06/202024/06/2020
(Reuters, 15.Jun.2020) — Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go ahead anyway to avoid further...
Mexico’s Oil Hedge To Be Pricier
Latin America and Caribbean Mexico

Mexico’s Oil Hedge To Be Pricier

ENERGY ANALYTICS INSTITUTE (EAI)15/06/202028/07/2020
(Reuters, 15.Jun.2020) — Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go ahead anyway to avoid further...
Mirage Inks Deal With The State Of Puebla
Latin America and Caribbean Mexico North America USA

Mirage Inks Deal With The State Of Puebla

ENERGY ANALYTICS INSTITUTE (EAI)11/06/202015/06/2020
(Mirage, 11.Jun.2020) — Mirage Energy Corporation signed an agreement with Energy Agency of the State of Puebla to develop a pipeline infrastructure project to deliver natural gas to the state...
Power Rate Hike To Hurt Renewable Energy Firms
Latin America and Caribbean Mexico

Power Rate Hike To Hurt Renewable Energy Firms

ENERGY ANALYTICS INSTITUTE (EAI)11/06/202015/06/2020
(Reuters, 11.Jun.2020) — An influential Mexican business lobby on Thursday warned a hike in the price that private power producers pay to access the country’s main electricity transmission grid will...
Mexico To Sit Out Extension Of OPEC+ Oil Output Cuts
Latin America and Caribbean Mexico

Mexico To Sit Out Extension Of OPEC+ Oil Output Cuts

ENERGY ANALYTICS INSTITUTE (EAI)06/06/202008/06/2020
(Reuters, 6.Jun.2020) — Mexico will not join other top oil producers in extending through July output cuts aimed at propping up the price of crude, Energy Minister Rocio Nahle said...
CNH Again Extends Timeframe For Oil Permits
Latin America and Caribbean Mexico

CNH Again Extends Timeframe For Oil Permits

ENERGY ANALYTICS INSTITUTE (EAI)04/06/202004/06/2020
(Reuters, 4.Jun.2020) — Mexico’s oil regulator will allow energy firms more time to secure permits and plan approvals, it said in on Thursday, in effect extending a freeze on all...
Oil Workers In Mexico Plead To Come Home
Latin America and Caribbean Mexico Trinidad and Tobago

Oil Workers In Mexico Plead To Come Home

ENERGY ANALYTICS INSTITUTE (EAI)04/06/202005/06/2020
(The Guardian, 4.Jun.2020) — Dozens of Trinidad and Tobago oilfield workers in Mexico have issued a plea to the government to allow them to return home. The workers issued a...
Pemex Continues With Tula Refinery Contingency
Latin America and Caribbean Mexico

Pemex Continues With Tula Refinery Contingency

ENERGY ANALYTICS INSTITUTE (EAI)03/06/202012/06/2020
(Energy Analytics Institute, 3.Jun.2020) — Pemex’s "Miguel Hidalgo" refinery in Tula carried out preventive measures to mitigate the risks of the Covid-19 pandemic among its work force as well as...
Mexico Probes Libre Abordo Pact With Venezuela
Latin America and Caribbean Mexico North America USA Venezuela

Mexico Probes Libre Abordo Pact With Venezuela

ENERGY ANALYTICS INSTITUTE (EAI)02/06/202003/06/2020
(Reuters, 2.Jun.2020) — The Mexican government’s financial crime department is investigating Libre Abordo, a Mexico-based firm that received millions of barrels of Venezuelan crude under an oil-for-food pact, in a...
Libre Abordo Announces Bankruptcy
Latin America and Caribbean Mexico Venezuela

Libre Abordo Announces Bankruptcy

ENERGY ANALYTICS INSTITUTE (EAI)31/05/202002/06/2020
(Reuters, 31.May.2020) — Mexico-based company Libre Abordo said on Sunday it was bankrupt and that Venezuelan President Nicolas Maduro had terminated an oil-for-food agreement that had allowed the firm to...
LatAm Infrastructure Projects At Risk
Latin America and Caribbean Mexico

LatAm Infrastructure Projects At Risk

ENERGY ANALYTICS INSTITUTE (EAI)27/05/202001/06/2020
(Fitch Ratings, 27.May.2020) — Latin American infrastructure projects face heightened risk of grantor payment delays driven by the increased pressure the coronavirus pandemic is placing on government finances, according to...
Mexico’s Registers $3.09bn April Trade Deficit
Latin America and Caribbean Mexico

Mexico’s Registers $3.09bn April Trade Deficit

ENERGY ANALYTICS INSTITUTE (EAI)25/05/202025/05/2020
(Market Watch, 25.May.2020) — Mexico ran up a $3.09 billion trade deficit in April as the shutdown of many industries to counter the spread of the coronavirus and the drop...
Mexico To Remain In Opec+, No Output Cuts Planned
Latin America and Caribbean Mexico

Mexico To Remain In Opec+, No Output Cuts Planned

ENERGY ANALYTICS INSTITUTE (EAI)22/05/202022/05/2020
(Argus, 22.May.2020) — Mexico will remain within the Opec + group but has no plans for further production cuts, the energy ministry told Argus today. "Mexico will participate in the...
Pemex Reiterates No Fracking Mandate
Latin America and Caribbean Mexico

Pemex Reiterates No Fracking Mandate

ENERGY ANALYTICS INSTITUTE (EAI)22/05/202025/05/2020
(Energy Analytics Institute, Jared Yamin, 22.May.2020) — Mexico’s state oil company Petróleos Mexicanos or Pemex announced it remains committed to not conducting fracking activities as part of its aim to...
NOCs To Slash Exploration Budgets
Asia Brazil Latin America and Caribbean Mexico

NOCs To Slash Exploration Budgets

ENERGY ANALYTICS INSTITUTE (EAI)20/05/202020/05/2020
(WoodMac, 20.May.2020) — National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie. The analysis is based on...
Energy Dispute Deepens Between In Mexico
Latin America and Caribbean Mexico

Energy Dispute Deepens Between In Mexico

ENERGY ANALYTICS INSTITUTE (EAI)16/05/202020/05/2020
(Reuters, 16.May.2020) — The European Union and Canada have formally raised concerns to Mexico about rules they say endanger renewable energy projects, escalating tensions with its government, which late on...
FBI Probes Firms Over Venezuela Oil Trading
Europe Latin America and Caribbean Mexico Venezuela

FBI Probes Firms Over Venezuela Oil Trading

ENERGY ANALYTICS INSTITUTE (EAI)13/05/202014/05/2020
(Reuters, 13.May.2020) — The FBI is probing several Mexican and European companies allegedly involved in trading Venezuelan oil as it gathers information for a U.S. Treasury Department inquiry into possible...
Pemex’s Oil Reserves Replacement Rate Jumps
Latin America and Caribbean Mexico

Pemex’s Oil Reserves Replacement Rate Jumps

ENERGY ANALYTICS INSTITUTE (EAI)11/05/202012/05/2020
(Reuters, 11.May.2020) — The replacement rate of proven oil and gas reserves estimated by Mexican national oil company Pemex soared in 2019 compared to the previous year, according to the...
Pemex Files 2019 Annual Report, Form 20-F
Latin America and Caribbean Mexico

Pemex Files 2019 Annual Report, Form 20-F

ENERGY ANALYTICS INSTITUTE (EAI)11/05/202012/05/2020
(Pemex, 11.May.2020) — In compliance with the Disposiciones de Carácter General aplicables a las Emisoras de Valores y a Otros Participantes del Mercado de Valores, in May 8, Petróleos Mexicanos...
Pemex’s $44/bl Hedge Floor Adds Ps30bn To Deficit
Latin America and Caribbean Mexico

Pemex’s $44/bl Hedge Floor Adds Ps30bn To Deficit

ENERGY ANALYTICS INSTITUTE (EAI)07/05/202012/05/2020
(Argus, 7.May.2020) — The hedge contracted by Mexico's state-owned Pemex has a floor of $44/bl, leaving the company exposed to losses below that following the global rout in crude prices,...
Qatar Petroleum Enters Into Three Mexican Blocks
Latin America and Caribbean Mexico

Qatar Petroleum Enters Into Three Mexican Blocks

ENERGY ANALYTICS INSTITUTE (EAI)05/05/202010/05/2020
(Qatar Petroleum, 5.May.2020) — Qatar Petroleum entered into three farm-in agreements to acquire about 30% of Total’s participating interest in blocks 15, 33 and 34 located in the Campeche basin,...
Cairn Provides Mexico Drilling Update
Latin America and Caribbean Mexico

Cairn Provides Mexico Drilling Update

ENERGY ANALYTICS INSTITUTE (EAI)05/05/202030/10/2020
(Cairn Energy, 5.May.2020) — Operations have been completed on the Eni operated Ehecatl-1 exploration well on Block 7, located in the Sureste Basin Offshore Mexico, in which Cairn has a...
Pemex Presents Audited Stmts As Of 31 Dec. 2019
Latin America and Caribbean Mexico

Pemex Presents Audited Stmts As Of 31 Dec. 2019

ENERGY ANALYTICS INSTITUTE (EAI)04/05/202010/05/2020
(Pemex, 4.May.2020) — In compliance with the Disposiciones de Carácter General aplicables a las Emisoras de Valores y a Otros Participantes del Mercado de Valores, today Petróleos Mexicanos (PEMEX) presented...
Repsol Makes Deepwater Oil Find In Mexican Waters
Latin America and Caribbean Mexico

Repsol Makes Deepwater Oil Find In Mexican Waters

ENERGY ANALYTICS INSTITUTE (EAI)04/05/202010/05/2020
(Repsol, 4.May.2020) — Repsol has made two significant offshore oil discoveries in Mexico’s deep water with its Polok-1 and Chinwol-1 exploration wells in Block 29 in the Salina Basin. Both...
PTTEP Says Two New Oil Discoveries Offshore Mexico
Latin America and Caribbean Mexico

PTTEP Says Two New Oil Discoveries Offshore Mexico

ENERGY ANALYTICS INSTITUTE (EAI)04/05/202010/05/2020
(Reuters, 4.May.2020) — Thai energy company PTT Exploration and Production Pcl said on Monday its joint venture had made two deep-water oil discoveries in the Salina Basin, offshore Mexico. The...
Mexico Indefinitely Halts New Clean-Energy Plans
Latin America and Caribbean Mexico

Mexico Indefinitely Halts New Clean-Energy Plans

ENERGY ANALYTICS INSTITUTE (EAI)02/05/202010/05/2020
(Bloomberg, 2.May.2020) — Mexico’s Centro Nacional de Control de Energia (Cenace), which oversees the electrical system, indefinitely suspended critical tests for new clean-energy projects as the nation grapples with the...
Pemex Posts Massive $23.6bn 1Q:20 Loss
Latin America and Caribbean Mexico

Pemex Posts Massive $23.6bn 1Q:20 Loss

ENERGY ANALYTICS INSTITUTE (EAI)30/04/202003/05/2020
(Reuters,30.Apr.2020) — Mexican state oil company Pemex on Thursday said it had posted a $23.6 billion (562.13 billion peso) loss in the first quarter due to falling crude prices as...
US Seeks To Investigate Mexico Oil-For-Food Pact
Latin America and Caribbean Mexico North America USA Venezuela

US Seeks To Investigate Mexico Oil-For-Food Pact

ENERGY ANALYTICS INSTITUTE (EAI)29/04/202003/05/2020
(Reuters, 29.Apr.2020) — The U.S. State Department, the Treasury Department and the U.S. Embassy in Mexico are investigating at least two Mexican firms involved in an oil-for-food pact signed in...
Pemex To Prioritize Lower-cost Production
Latin America and Caribbean Mexico

Pemex To Prioritize Lower-cost Production

ENERGY ANALYTICS INSTITUTE (EAI)27/04/202003/05/2020
(Reuters, 27.Apr.2020) — Mexico’s state oil firm Pemex on Monday detailed measures aimed at mitigating the effects of a steep drop in oil prices, saying it would prioritize lower-cost production...
Mexican Oil Platforms Cut Staff Over Coronavirus
Latin America and Caribbean Mexico

Mexican Oil Platforms Cut Staff Over Coronavirus

ENERGY ANALYTICS INSTITUTE (EAI)26/04/202030/04/2020
(Reuters, 26.Apr.2020) — Mexico has begun removing staff from Gulf of Mexico oil platforms to limit the spread of the coronavirus, leaving essential personnel on board, state oil firm Petroleos...
Why Mexico’s Oil Industry Is Destined For Disaster
Latin America and Caribbean Mexico

Why Mexico’s Oil Industry Is Destined For Disaster

ENERGY ANALYTICS INSTITUTE (EAI)25/04/202025/04/2020
(Oilprice.com, 25.Apr.2020) — Mexico has somewhat inadvertently found itself at the heart of the oil industry’s most burning issues of 2020 – just when it seemed that Russia, Saudi Arabia,...
Pemex Declares Force Majeure On Fuel Imports
Latin America and Caribbean Mexico

Pemex Declares Force Majeure On Fuel Imports

ENERGY ANALYTICS INSTITUTE (EAI)23/04/202030/04/2020
(Reuters, 23.Apr.2020) — Mexican state oil company Pemex has declared force majeure over fuel imports from its trading arm PMI Comercio Internacional, two sources with knowledge of the decision said...
Pemex’s Trading Arm Declares Force Majeure
Latin America and Caribbean Mexico

Pemex’s Trading Arm Declares Force Majeure

ENERGY ANALYTICS INSTITUTE (EAI)23/04/202030/04/2020
(Bloomberg, 23.Apr.2020) — Mexico, the largest recipient of U.S. gasoline exports, is seeking to cancel imports of the fuel from at least one U.S. company amid the rippling effects of...
Mexico Announces Emergency $25.5bn Package
Latin America and Caribbean Mexico

Mexico Announces Emergency $25.5bn Package

ENERGY ANALYTICS INSTITUTE (EAI)22/04/202030/04/2020
(S&P Global Platts, 22.Apr.2020) — Mexico announced a Peso 622.56 billion ($25.5 billion) package on Wednesday that will help the nation face the economic consequences of the coronavirus pandemic, with...
Talos Energy To Announce 1Q:20 Results 6 May 2020
Latin America and Caribbean Mexico North America USA

Talos Energy To Announce 1Q:20 Results 6 May 2020

ENERGY ANALYTICS INSTITUTE (EAI)22/04/202003/05/2020
(Talos, 22.Apr.2020) — Talos Energy Inc. intends to release first quarter 2020 results for the period ended March 31, 2020 on Wednesday 6 May 2020 after the U.S. financial market...

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Exxon’s 4Q:20 Results Call

Vincent Pereira To Retire From BHP Trinidad

Driller Stuns Creditors As Argentina’s Dollars Dwindle

OFAC Sanctions Individuals, Entities And Vessels

Keystone XL Commits Renewable Energy

Exxon’s Hassa-1 Doesn’t Finds Hydrocarbons

Venezuela Eyes Private Cos Operating Oil Fields

Panama Canal LNG Vessel Bottleneck Could Go Months

Judge Approves Citgo Parent Share Sale

Venezuela Creates Special Crisis Commission

Total Announces Fourth Find In Suriname’s Block 58

Keskesi East-1 Finds Oil In Block 58 Offshore Suriname

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