(Petroleum Economist, Charles Waine, 2.Aug.2019) — Mexico’s Comisión Federal de Electridad (CFE), the state-owned electricity utility, has started legal proceedings against seven natural gas pipelines. […]
Category: Mexico
Mexico energy
Vista Oil & Gas Prices Public Offering With NYSE Listing
(Vista, 25.Jul.2019) — Vista Oil & Gas, S.A.B. de C.V. announced today the pricing of the underwritten public offering of the Company’s Series A shares […]
Core Laboratories Sets Earnings Call Schedule
(Core Laboratories, 24.Jul.2019) — Core Laboratories N.V. scheduled a conference call to discuss Core’s second quarter 2019 earnings announcement. The call will begin at 7:30 […]
Core Lab Reports 2Q:19 Results
(Core Laboratories, 24.Jul.2019) — Core Laboratories N.V. reported that continuing operations resulted in second quarter 2019 revenue of $169,000,000. Second quarter 2019 revenue was impacted […]
Vista Commences Proposed Public Offering
(Vista, 18.Jul.2019) — Vista Oil & Gas, S.A.B. de C.V. announced commencement of an underwritten public offering of the Company’s Series A shares (the “Series […]
Pemex Presents Business Plan 2019-2023
(Pemex, 16.Jul.2019) — In the presence of the president of Mexico, Andrés Manuel López Obrador, the chief executive officer of Petróleos Mexicanos, Octavio Romero Oropeza, […]
Talos Energy To Announce 2Q:19 Results 7 August 2019
(Talos, 16.Jul.2019) — Talos Energy Inc. intends to release second quarter 2019 results for the period ended June 30, 2019 on Wednesday, August 7, 2019 […]
Talos Increases Credit Facility Commitments And Provides Hedging Update
(Talos, 10.Jul.2019) — Talos Energy Inc. provided an update on the results of its semi-annual borrowing base redetermination and recent hedging activities. Effective July 3, […]
Siemens Turbine Generator To Power Eni Mexico Area 1
(Siemens, 9.Jul.2019) — Siemens will provide MODEC with three 34-megawatt (MW) SGT-A35 gas turbine power generation packages that will power MODEC’s floating production, storage, and […]
Mexico Auctions Moratorium Give Rival Brazil An Edge
(Bloomberg, Peter Millard and Amy Stillman, 9.Jul.2019) — Mexico’s moratorium on auctioning off its oil riches to foreign producers is giving a leg up to […]
Arrest Warrant Issued For Former Pemex CEO
(Reuters, 5.Jul.2019) — Mexico’s attorney general’s office said on Friday that a judge issued arrest warrants for the former chief executive of state oil firm […]
Eni Starts Production Offshore Mexico At Area 1
(Eni, 2.Jul.2019) — Eni has started the early production phase from the Miztón field in Area 1, located in the Campeche Bay offshore Mexico. This […]
Building LNG-powered Ships Along U.S./Mexico Border
(Chron.com, Sergio Chapa, 1.Jul.2019) — Keppel AmFELS has built offshore drilling rigs and platforms here for decades. But the last few years have not been […]
Pemex To Invest Combined $283 Million In Uchbal Field
(Energy Analytics Institute, Jared Yamin, 29.Jun.2019) — Mexico’s state oil company Petróleos Mexicanos (Pemex) plans to invest $266 million in development activities related at the […]
Pemex Refinances $8 Billion In Debt
(Energy Analytics Institute, Jared Yamin, 28.Jun.2019) — Mexico’s state oil and gas entity Pemex announced refinancing of $8 billion in debt with support of 23 […]
Pemex BODs Approves Merger Of PEP-PPS And TRI-Pemex Etileno
(Energy Analytics Institute, Jared Yamin, 28.Jun.2019) — The Board of Directors of Petróleos Mexicanos (Pemex) unanimously approved, at the proposal of the General Director, Octavio […]
Premier Makes Significant Resource Upgrade At Zama
(Premier, 27.Jun.2019) — Premier has significantly increased its resource estimate of the Zama field offshore Mexico, following its evaluation of the data acquired from the […]
Talos Energy Completes Zama Appraisal Program
(Talos, 26.Jun.2019) — Talos Energy Inc. provided an update on the Zama appraisal program in Block 7, located in the offshore portion of Mexico’s prolific […]
Mexico Moves To Ramp Up Oil Production
(Oilprice.com, Haley Zaremba, 26.Jun.2019) — It’s been a rough couple of years–make that decades–for Mexico’s state-owned oil company Petroleos Mexicanos. The country’s oil production rates […]
Pemex To Supply 240 MMcf/d To Yucatan Peninsula
(Energy Analytics Institute, Jared Yamin, 25.Jun.2019) — Mexico’s state oil and gas entity Pemex will supply the Yucatan Peninsula with 240 million cubic feet (MMcf/d) […]
Mexico’s CNH Approves BP’s Offshore Drilling Plan
(Reuters, Rebekah Ward, 25.Jun.2019) — Mexico’s oil regulator on Tuesday approved a $97 million plan for drilling in an offshore area operated by British supermajor […]
Mexico Open Season: GMEC’s Monroy And Baker Institute’s Duhalt Weigh In
(Energy Analytics Institute, Aaron Simonsky and Jared Yamin, 25.Jun.2019) — As part of Energy Analytics Institute’s ongoing coverage of the Latin America and Caribbean energy […]
LatAmNRG Heard On The Street: Gas Markets, Argentina Tender
(Energy Analytics Institute, Aaron Simonsky and Ian Silverman, 25.Jun.2019) — Heard on the street related to the Latin America and Caribbean upstream, midstream, downstream and […]
The End Of Mexico’s Rigorous Energy Reform
(Oilprice.com, Tsvetana Paraskova, 22.Jun.2019) — Mexican President Andrés Manuel López Obrador has been a vocal critic of the energy reform of his predecessor Enrique Peña […]
Mexico To Cut Pemex’s Profit-Sharing Duty To 54%
(Platts, Daniel Rodriguez, 21.Jun.2019) — The Mexican government will cut Pemex’s profit-sharing duty, known as DUC, to 54% by 2021 from the current 65%, the […]
Pemex: New Refinery Environmentally Viable
(Reuters, David Alire Garcia, 19.Jun.2019) — Mexican President Andres Manuel Lopez Obrador’s push to build a new oil refinery involves high risks of flooding and […]
Matamoros Turbine Plant To Supply U.S., LatAm Projects
(Chron.com, Sergio Chapa, 17.Jun.2019) — Wind turbine blades that are now being made in the Mexican border town of Matamoros will soon find themselves installed […]
Mexican Oil Regulator Cancels October Tender To Pick Pemex Partners
(Reuters, 13.Jun.2019) — Mexico’s oil regulator announced on Thursday the cancellation of October auctions to pick joint-venture partners in seven onshore areas for state oil […]
IEnova Reports Mechanical Completion Of Sur de Texas-Tuxpan Pipeline
(IENova, 11.Jun.2019) — Infraestructura Marina del Golfo, a joint venture between TC Energy Corporation and Infraestructura Energética Nova (IEnova), announced its Sur de Texas-Tuxpan Pipeline […]
Shell To Invest At Least $397 Million In Deepwater Oil Projects In Mexico
(Reuters, 11.Jun.2019) — Mexico’s independent oil regulator on Tuesday approved deepwater energy exploration plans for five areas operated by Royal Dutch Shell Plc in Mexican […]
Mexico’s Fuel Market To Be More competitive in 2020
(Platts, 10.Jun.2019) — Mexico’s already liberalizing fuel market will become far more competitive in 2020 as several private midstream projects start operations, multiple oil company […]
Challenges Stall Mexico’s Billion-dollar Oil Hedge In 2019
(Reuters, Devika Krishna Kumar, Stefanie Eschenbacher, and Marianna Parraga, 7.Jun.2019) — The world’s biggest and most secretive financial oil trade is facing unusual roadblocks this […]
Pemex Debt Holders See Downgrade To ‘Junk’ Status Ahead
(Reuters, Stefanie Eschenbacher and Ana Isabel Martinez, 6.Jun.2019) — Investors at six of the world’s largest asset managers, all of whom own the bonds of […]
A Double Whammy: Fitch Downgrades Mexico And Moody’s Lowers Outlook
(Reuters, 5.Jun.2019) — In a double blow for Mexico, credit ratings agency Fitch downgraded the nation’s sovereign debt rating on Wednesday, citing risks posed by […]
US’ Refineries Need Mexican Crude Oil
(CNN, Matt Egan, 5.Jun.2019) — The Trump administration’s threatened tariffs on Mexico couldn’t come at a worse time for America’s oil refineries. Mexico is the […]
Cepsa Aims To Open 150 Service Stations In Mexico
(Energy Analytics Institute, Jared Yamin, 3.Jun.2019) — Cepsa, operating under the Red Energy brand in Mexico, plans to open more than 150 service stations over […]
Mexico Initiates Construction Of The Dos Bocas Refinery
(Energy Analytics Institute, Jared Yamin, 2.Jun.2019) — Mexico initiated construction activities related to the Dos Bocas Refinery, the country’s President Andrés Manuel López Obrador President […]
Mexico Moving Forward With Dos Bocas Refinery Construction In Tabasco
(Energy Analytics Institute, Jared Yamin, 2.Jun.2019) — Mexico’s President Andrés Manuel López Obrador reiterated his decision to build the new Dos Bocas Refinery and continue […]
Mexico Is Our Most Important Natural Gas Export Market
(Forbes, Robert Rapier, 2.Jun.2019) — Last week the Trump Administration announced plans to impose a 5% tax on all goods imported from Mexico unless “the […]
Energy Exports Help Laredo To Become Top U.S. Trade Hub
(Chron.com, Sergio Chapa, 28.May.2019) — Booming energy exports and shifting patterns in international commerce have made the Port of Laredo the nation’s top center for […]
Mexico Charges Former Oil Official With Bribery In Anticorruption Drive
(New York Times, Kirk Semple and Azam Ahmed, 28.May.2019) — The administration of President Andrés Manuel López Obrador of Mexico has launched its first major […]
Canadian Solar Finalizes Sale Of Aguascalientes Solar Project To BlackRock Fund
(Canadian Solar, 23.May.2019) — Canadian Solar Inc. completed the sale of its 68 MWp Aguascalientes solar project in Mexico to BlackRock Infrastructure Fund II. Canadian […]
Stratas Advisors Launches Mexico Crude Oil Outlook
(Stratas, 20.May.2019) — Extending coverage to the annual analysis of crude oil fundamentals, Stratas Advisors‘ North American research team now offers the Mexico Crude Oil […]
Buenavista Renewables, ESCO, And Zodiac Aerospace Ink Long-Term PPA
(Buenavista, 20.May.2019) — Buenavista Renewables México, S. de R.L. de C.V. (“BVR”), a Buenavista Renewables company, and ESCO Comercializadora Energética S. de R.L. de C.V., […]
Wintershall DEA Boosts Interest In Block 5 Offshore Mexico
(Wintershall DEA, 17.May.2019) — Wintershall Dea and its partners in Block 5, Murphy Sur (operator), a wholly owned subsidiary of Murphy Oil Corporation, and PC […]
MAN Energy To Supply Compressor Trains For FPSO In Mexico
(MAN Energy, 16.May.2019) — MODEC has commissioned MAN Energy Solutions to supply a total of six compressor trains for a new FPSO vessel in the […]
LatAm’s Gasoline Problems: Mexico And Brazil Diverge In Fuel Balance Strategy
(WoodMac, 15.May.2019) — The two dominant players in Latin American oil and gas – Petrobras and Pemex – should face negative net gasoline balance for […]
Sempra Energy Starts Production At Train 1 Of Cameron LNG Facility
(Sempra, 14.May.2019) — Sempra Energy announced that Cameron LNG has begun producing liquefied natural gas (LNG) from the first liquefaction train of the Cameron LNG […]
Mexico’s Rising Oil Nationalism Faces Debt-Rating Crisis
(Reuters, Stefanie Eschenbacher and David Alire Garcia, 14.May.2019) — Mexican President Andres Manuel Lopez Obrador took office in December vowing to revive state-owned energy company […]
Ensign Energy Expands Into Mexico, Bahrain And Kuwait With Trinidad Acquisition
(Energy Analytics Institute, Jared Yamin, 13.May.2019) — Ensign Energy Services acquired an 89.3% interest in Trinidad Drilling Ltd., which marks the largest such purchase in […]