Pemex’s Lazaro Cardenas Refinery Off-line
(Reuters, 13.Apr.2021) — Petroleos Mexicanos (Pemex) said on Tuesday the Lazaro Cardenas oil refinery it operates in the eastern city of Minatitlan is out of service after a fire last...
How Pemex’s Wings Got Clipped
(Reuters, 30.Mar.2021) — Shortly before taking office late in 2018, President Andres Manuel Lopez Obrador vowed to boost crude oil production at Mexican giant Pemex by nearly half, following more...
ContourGlobal To Capture, Utilize CO2
(ContourGlobal, 29.Mar.2021) — ContourGlobal plc and Alpek, S.A.B. de C.V. formed a new company that is developing a CO2 capture and liquefaction facility for sale to the food, beverage, and...
Sener To Decide On Zama Unitization
(Talos, 26.Mar.2021) — Talos Energy Inc. announced that the unitization process of the Zama field will enter its next phase, as established in Mexican regulation. The Mexican Ministry of Energy...
Lopez Obrador Eyes Oil Permits
(Reuters, 26.Mar.2021) — Lopez Obrador argues previous administrations skewed the energy market in favor of business interests and were intent on carving up national oil firm Petroleos Mexicanos (Pemex) and...
Kootenay Announces Drilling At Copalito Project
(Kootenay Silver, 25.Mar.2021) — Kootenay Silver Inc. announce that a 3,500-meter core drilling program has commenced at the Copalito gold and silver project, located in Sinaloa State, Mexico. The program...
Mexico Seeks Better Terms From Vitol
(Reuters, 22.Mar.2021) — Mexico is looking to renegotiate some of its hundreds of millions of dollars-worth of contracts with Vitol SA after the global energy trader acknowledged paying kickbacks to...
LatAm Briefs: Pemex Costs, Ecuador Output
(Energy Analytics Institute, 18.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Banco do Brasil CEO resigning under pressures from Brazil’s President Jair Bolsonaro, Ecuador’s oil production...
Mexico To Absorb Pemex Amortization
(Reuters, 18.Mar.2021) — Mexico's government will absorb the debt amortization payments as of this year of state oil firm Pemex, the world's most indebted national oil company, CEO Octavio Romero...
Mexico Taunts Dzimpona-1 Oil Find
(Energy Analytics Institute, 18.Mar.2021) — Mexican officials announced discovery of a new giant oil field called Dzimpona-1 in the state of Tabasco. Reserves at the field are estimated between 500...
Talos Energy Announces 4Q:20 And YE:20 Results
(Talos, 10.Mar.2021) — Talos Energy Inc. announced its operational and financial results for the fourth quarter and full year 2020. The company also announced its year-end 2020 reserves figures as...
Talos Energy To Host 4Q:21 Conference Call
(Talos, 10.Mar.2021) — Talos Energy Inc. will host a conference call, which will be broadcast live over the internet, on Thursday, 11 March 2021 at 10:00 AM Eastern Time (9:00...
Mexican Electric Law Temporarily Cut
(Argus, 11.Mar.2021) — A court temporarily suspended Mexico's new electricity law yesterday, a day after it took effect, signaling the start of a wave of litigation against the controversial reform....
Kootenay Commences Drilling In Mexico
(Kootenay Silver, 3.Mar.2021) — Kootenay Silver Inc. announced that a 5,000-meter core drilling program has commenced at the Columba silver project, located in Chihuahua State, Mexico. The Program will focus...
![Borr Drilling’s Fleet Status Report [PDF Download]](https://secureservercdn.net/166.62.110.232/azj.dc0.myftpupload.com/wp-content/uploads/2021/02/Screenshot_2021-02-26-a7966265c6e9db45-pdf-768x541.png)
Borr Drilling’s Fleet Status Report [PDF Download]
(Energy Analytics Institute, 26.Feb.2021) — Borr Drilling Limited provided a fleet status report through 26 February 2021. The update can be found here. Borr-Drilling-Fleet-Report-26Feb2021Borr Drilling Fleet Status Report ____________________ By...
Borr Drilling Reveals Preliminary 4Q:20 Results
(Borr Drilling, 26.Feb.2021) — Borr Drilling Limited announces unaudited results for the three and twelve months ended December 31, 2020. Highlights in the Fourth Quarter of 2020 Total operating revenues...
![Pemex’s 4Q:20 Results [PDF Downloads]](https://secureservercdn.net/166.62.110.232/azj.dc0.myftpupload.com/wp-content/uploads/2021/03/header-2021-03-05-Resultados-preliminares-al-31-de-marzo-de-2020-Webcast-4Q20-pdf-768x570.png)
Pemex’s 4Q:20 Results [PDF Downloads]
(Energy Analytics Institute, 26.Feb.2021) — Mexico’s state oil and gas entity Pemex provided operational and financial details related to its fourth quarter 2020. What follows are select company reports. Reporte-4Q20_pemexDownload:...
Pemex To Host 4Q Conference Call
(Energy Analytics Institute, 25.Feb.2021) — Mexico’s state oil giant Petróleos Mexicanos (Pemex) will host its fourth quarter and year-end 2020 conference call on 26 February 2021. To sign up to...
Mexico Looks To Strengthen Energy Sector
(Energy Analytics Institute, 18.Feb.2021) — Mexico’s President Andrés Manuel López Obrador said the recent Texas freeze that saw many residents in the state lose power and water service, demonstrated why...
IEnova Reports YE:20 And 4Q:20 Financial Results
(IEnova, 18.Feb.2021) — IEnova reported year-end and fourth quarter 2020 financial results. Highlights: - Top priority remains the health and safety of our employees while ensuring the continuity of safe...
IENova To Host 4Q:20 Earnings Call
(IEnova, 18.Feb.2021) — IEnova announced plans to host its earnings call regarding its year-end and fourth quarter 2020 financial results. IEnova will broadcast a live discussion of its earnings results...
Mexico Plans To Help Pemex But Limit Covid Spending
(Bloomberg, 17.Feb.2021) — Mexico is preparing a significant tax break for its state-owned oil firm while the constitution blocks it from taking on debt to increase social spending during the...
Mexico Presses US To Guarantee Gas Supplies
(Reuters, 17.Feb.2021) — The Mexican government called the top U.S. representative in Mexico on Wednesday to press for natural gas supplies after the Texas governor ordered fuel to remain in...
NOCs Risk Wasting $400bn Amid Energy Transition
(Reuters, 9.Feb.2021) — National oil companies (NOCs) risk squandering $400 billion on expensive oil and gas projects over the next decade that may only break even if the world fails...
![Work At Dos Bocas Continues [PHOTOS]](https://secureservercdn.net/166.62.110.232/azj.dc0.myftpupload.com/wp-content/uploads/2021/01/dosb-source-sener-jan-22-c-1-768x511.jpg)
Work At Dos Bocas Continues [PHOTOS]
(Energy Analytics Institute, 23.Jan.2021) — Construction work at the Dos Bocas refinery in Mexico continues to move forward, announced Mexico's Energy Secretariat Rocio Nahle. Nahle is seen here explaining work...
Mexican President Wants To Dissolve Energy Regulators
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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.
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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
(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...