(New Fortress, 9.Aug.2024) — New Fortress Energy Inc. reported its financial results for the second quarter of 2024. Summary Highlights — Adjusted EBITDA(1) of $120mn in the second […]
Category: Mexico
Mexico energy
GoGold Releases 3Q:24 Results
(GoGold, 8.Aug.2024) — GoGold Resources Inc. announced the financial results for the quarter ending 30 June 2024. The Company generated revenue of $10.4mn (all amounts are in U.S. dollars) from […]
Petrobras on Shareholder Remuneration
(Petrobras, 8.Aug.2024) — Petrobras informs that its Board of Directors approved, in a meeting held today, the payment of interim and intermediate dividends, as well as […]
Huasun to Showcase Solar Products at Intersolar South America, Mexico
(Huasun, 7.Aug.2024) — Huasun Energy, a manufacturer in n-type silicon-based heterojunction (HJT) solar technology, is set to return to Latin America with a notable presence at both […]
Sempra Reports 2Q:24 Earnings
(Sempra, 6.Aug.2024) — Sempra today reported second-quarter 2024 earnings, prepared in accordance with generally accepted accounting principles (GAAP), of $713mn, or $1.12 per diluted share, compared to second-quarter 2023 […]
Luca Mining Engages Mining Contractor for Campo Morado
(Luca Mining, 6.Aug.2024) — Luca Mining Corp. has engaged Cominvi, S.A. de C.V. to carry out core mining operations at the Company’s 100% owned Campo Morado copper-zinc-gold mine […]
BYD Explores Canadian Auto Market Entry -Regulatory Filing
(Reuters, 30.Jul.2024) — Chinese EV maker BYD is looking to enter the Canadian automotive market, according to a regulatory document filed earlier this month, even as […]
Luca Mining Completes Construction of Tahuehueto Gold Mine
(Luca, 25.Jul.2024) — Luca Mining Corp. has completed construction of its new, 100% owned Tahuehueto gold mine located in Durango State, Mexico. Tahuehueto is a fully permitted […]
Pemex Reports 2Q:24 Financial, Operational Results
(Pemex, 26.Jul.2024) — Regarding financial results, Pemex reported a net loss of MXN 255.9bn was obtained in 2Q:24, MXN 281.4bn lower than the net profit of […]
New Fortress Closes $700mn Loan for Second FLNG Unit
(New Fortress, 17.Jul.2024) — New Fortress Energy Inc. announced that after successfully producing LNG at its first FLNG unit (“FLNG 1”), the company has closed its […]
Experts Call for ‘Serious’ Debate About Fracking in Mexico
(S&P, 16.Jul.2024) — Given the large amount of unconventional hydrocarbon resources found in Mexico and how much fracking technology has advanced, the country cannot afford to […]
US-Mexico Energy Trade Value Fell in 2023
(EIA, 15.Jul.2024) — The value of all energy trade between the United States and Mexico decreased almost 15% from $77.8bn in 2022 to $66.5bn in […]
Scientists: Epoch Marked by human impact — the Anthropocene — Began in 1950s
(AP, 11.Jul.2024) — From climate change to species loss and pollution, humans have etched their impact on the Earth with such strength and permanence since […]
Vista Reports 2Q:24 Results
(Vista, 11.Jul.2024) – Vista Energy, S.A.B. de C.V. reported financial and operational results corresponding to Q2 2024. Q2 2024 highlights: ____________________
Eni reveals new find offshore Mexico at the Yopaat-1 EXP exploration well in Block 9
MEXICO CITY, MEXICO (Fidencio Casillas, 8.Jul.2024) — Italian oil and gas giant Eni announced a new discovery at the Yopaat-1 EXP exploration well in Block 9. […]
Hurricane Beryl Impact to the Port of Corpus Christi
(Port of Corpus Christi, 8.Jul.2024) — In response to the impacts of Hurricane Beryl, the Port of Corpus Christi Authority has now fully transitioned to Post-Storm […]
Asian Energy Inks MOU for Land in Sonora, Mexico
(Asian Energy Capital, 8.Jul.2024) — A significant step towards sustainable energy production and environmental preservation was taken by Aslan Energy Capital by signing an MOU for […]
Grupo Carso Acquires 100% of Capital Stock of PetroBal
(Grupo Carso, 20.Jun.2024) — Grupo Carso, S.A.B. de C.V., following its notice dated 18 Dec. 2023, informs the investor public that since the stipulated conditions […]
Ndustrial Expands Industrial Energy Platform into LatAm
(Ndustrial, 18.Jun.2024) — Ndustrial, the AI-powered energy intensity platform for industry, is expanding its presence throughout Latin America to meet strong customer demand to drive down industrial energy […]
Mexican Billionaire Carlos Slim Wants to Join Pemex in Deepwater Natural Gas Project
(Reuters, 17.Jun.2024) — Mexico’s President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country’s first deepwater […]
Vizsla Silver Announces Shareholder Approval at Special Meeting
(17.Jun.2024) — Vizsla Silver Corp. announced that Vizsla Silver shareholders (“Shareholders“) approved the plan of arrangement (the “Arrangement“) with Vizsla Royalties Corp. (“Spinco“) at the […]
NFE Eyes First LNG in Days, First Cargo in July
(Energy Analytics Institute, 14.Jun.2024) — New Fortress Energy (NFE) updated the timing of its first LNG expectation for its first Fast LNG unit located offshore […]
Mexico’s Sheinbaum seen Tapping Political Heavyweights for State Energy Jobs
(Reuters, 12.Jun.2024) — Mexico’s former foreign minister, the scion of a legendary political family, and a party boss are in contention for top energy-related jobs […]
Mexico’s New President Inherits an Economy in Shambles
(Industrial Info Resources, 6.Jun.2024) — Claudia Sheinbaum, Mexico’s president-elect, will inherit “a number of headaches” when she is inaugurated later this year, a longtime observer […]
Mexico Elects Claudia Sheinbaum as its First Female President
(AP, 3.Jun.2024) — Mexico’s projected presidential winner Claudia Sheinbaum will become the first female president in the country’s 200-year history. Sheinbaum, the favored successor of outgoing President AndrĂ©s […]
A Scientist, a Leftist and a Former Mexico City Mayor. Who is Claudia Sheinbaum?
(AP, 3.Jun.2024) — Claudia Sheinbaum, who will be Mexico’s first woman leader in the nation’s more than 200 years of independence, captured the presidency by promising continuity. The […]
New Stratus Energy to acquire production & significant development opportunity in Mexico
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 24.May.2024) — New Stratus Energy (NSE) entered into definitive agreements to acquire an initial 49% equity […]
PEMEX Concludes Working Sessions with Suppliers
(PEMEX, 23.May.2024) — The CEO of PetrĂłleos Mexicanos (PEMEX), Octavio Romero Oropeza, concluded a three-day round of working sessions held in Villa Hermosa, Tabasco, and […]
More Private Investment Needed in Mexico to Meet Expanding Energy Demand
(WoodMac, 23.May.2024) — With a presidential election looming, Mexico is facing several energy challenges, including declining oil and gas production, a need to increase exploration activity, […]
GoGold Presents its 2023 Sustainability Report
(GoGold, 23.May.2024) — GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) presented its fourth annual Sustainability Report that sets out the company’s performance and achievements with respect to its environmental, […]
Mexico’s Presidential Front-runner Walks a Thin, Tense Line
(AP, 22.May.2024) — As she runs to replace outgoing President AndrĂ©s Manuel LĂłpez Obrador, Claudia Sheinbaum is struggling to construct her own image, leaving many wondering […]
PEMEX reaffirms commitment to pay suppliers
MEXICO CITY, MEXICO (PEMEX, 22.May.2024, Words: 291) — The CEO of PetrĂłleos Mexicanos (PEMEX), Octavio Romero Oropeza, currently on a working tour of the southeastern […]
Developer Seeks Permit to Send US Gas to Mexico for LNG Exports
(Reuters, 21.May.2024) — A Mexican energy developer is seeking U.S. permission to export gas to Mexico, turn it into liquefied natural gas (LNG) and send it […]
AMLO’s ‘Dream’ Pemex Refinery Hits Another Delay
(Reuters, 17.May.2024) — Mexican state energy company Pemex started sending 16,300 barrels per day (bpd) of crude oil to its new Olmeca refinery this week, less than […]
Interest Remains in Mexico’s Oil and Gas
(S&P, 15.May.2024) — There is still a lot of private and international interest in developing the oil and natural gas resources in Mexico despite the […]
Vista and Nabors to Deploy Third Drilling Rig to Vaca Muerta
(Vista, 6.May.2024) — Vista Energy (NYSE: VIST) and Nabors Industries (NYSE: NBR) announced today the official signing of the contract to add a third drilling […]
PEMEX Continues Path to Transformation
(PEMEX, 3.May.2024) — During the morning press conference held by the President of Mexico, AndrĂ©s Manuel LĂłpez Obrador, the CEO of PetrĂłleos Mexicanos (PEMEX), Octavio […]
Luca Mining Reports 1Q:24 Results
(Luca Mining, 30.Apr.2024) — Luca Mining Corp. (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce financial results for the three and twelve months ended 31Dec. 2023.Production […]
EAI’s NRGBriefs: April 2024
(Energy Analytics Institute, 30.Apr.2024) — Energy briefs as well as others related to finance and projects during April 2024 including ExxonMobil, Hess and CNOOC announcing […]
Billionaire Texas Oilman Inks Deal with PDVSA as US Sanctions Loom
(AP, 24.Apr.2024) — A company started by a Texas billionaire oilman announced a deal Wednesday with Venezuela’s state-owned oil company to rehabilitate five aging oil […]
Potential Sour Crude Deficit Looming in the Gulf
(BTU Analytics, 23.Apr.2024) — Historically, more than half of Mexico’s heavy sour crude oil exports, mostly Maya blend, end up in the U.S., which is […]
Pemex to Remain A Fiscal Challenge for Next President of Mexico
(S&P Global Ratings, 15.Apr.2024) — Mexico’s relationship with state-owned oil giant Pemex will remain a fiscal challenge for the country’s next presidential administration, said S&P […]
Bendito Resources Pursues Strategic Acquisition of Mt. Hamilton Gold Project
(Bendito Resources, 2.Apr.2024) — Bendito Resources Inc. has entered into a Membership Interest Purchase Agreement with Waterton Nevada Splitter, LLC and Waterton Nevada Splitter II, […]
EAI’s NRGBriefs: March 2024
(Energy Analytics Institute, 31.Mar.2024) — Energy briefs as well as others related to finance and projects during Mar. 2024 including Argentine inflation reaching 13.2% in […]
Steel Tube Institute Backs Legislation to Curb Mexican Steel Imports
(Steel Tube Institute, 14.Mar.2024) — The Steel Tube Institute (STI) – an organization that brings together key producers in the steel industry to advance the use of […]
Kootenay Starts 2024 Drilling Program at Columba Silver Project
(Kootenay Silver, 14.Mar.2024) — Kootenay Silver Inc. (TSXV: KTN) initiated its’ Q1 diamond drilling program at Columba Silver Project in Chihuahua, Mexico. The proposed program includes 15-17 […]
Sempra Infrastructure Launches Cimarron Wind Project
(Sempra, 14.Mar.2024) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), reached a positive final investment decision for the development, construction and operation of […]
Mexico’s Zama Project Undergoing Changes in Engineering Design
(Offshore staff, 12.Mar.2024) — The Zama offshore oilfield development project operated by state company Pemex has been “delayed for the right reasons,” according to Talos […]
EAI’s NRGBriefs: Feb. 2024
(Energy Analytics Institute, 29.Feb.2024) — Energy briefs as well as others related to finance and projects during Feb. 2024 including Exxon Mobil and CNOOC considering […]
Mexico Begins LNG Buildout as US Developers Look to South
(Canary Media, 15.Feb.2024) — At least a half-dozen LNG export projects are underway in the country — but whether most are completed will depend on politics […]