(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 […]
Category: Mexico
Mexico energy
Don’t Count On Oil To Reignite Latin America
(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 […]
Mexico: Hydro Enters Energy Plan
(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 […]
McDermott Updates On PEMEX Abkatun-A2 Platform
(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 […]
Mexico Seeks Interpol To Find Former Oil Union Boss
(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 […]
Mexico Taps Banks As It Nears End Of Hedge
(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 […]
Powerful Boss Of Mexico’s Oil Workers Union Resigns
(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 […]
EDPR Secures New PPA For 100MW In Mexico
(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 […]
PMI Comercio Internacional BODs Appoints New Members
(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 […]
IEnova Inks Solar Deal With Liverpool And Circle K
(Sempra, 26.Sep.2019) — Sempra Energy announced that its Mexican subsidiary, Infraestructura EnergĂ©tica Nova, S.A.B. de C.V. (IEnova) (BMV: IENOVA), has signed two 15-year clean energy […]
Pemex Announces Early Participation Results
(Pemex, 26.Sep.2019) — PetrĂłleos Mexicanos (PEMEX) announced the early participation results of (a) its offers to exchange any and all of its outstanding series of […]
Pemex Says “Workers Are Its Greatest Asset”
(Pemex, 24.Sep.2019) — PetrĂłleos Mexicanos (Pemex) reports that the recent demonstrations demanding changes to the working conditions of its trusted employee base are imprecise and […]
Pemex Says Debt Reduced By $5.0058bn
(Pemex, 23.Sep.2019) — Today, PetrĂłleos Mexicanos (Pemex) successfully finalized an early debt payment operation. This operation was announced on September 12, and consisted on using […]
Pemex Personnel Takes Part In National Quake Drill
(Pemex, 19.Sep.2019) — For the commemoration of the National Civil Protection Day, management and operating personnel at various PetrĂłleos Mexicanos (Pemex) facilities in the country […]
IFC And FRV Secure Financing For Potrero Solar
(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 […]
Sur de Texas Marine Pipeline Achieves Commercial Operation
(IMG, 17.Sep.2019) — Infraestructura Marina del Golfo (IMG), a joint venture between TC Energy Corporation (TC EnergĂa) and Infraestructura EnergĂ©tica Nova (IEnova), announced commencement of […]
Pemex To Refinance Debt
(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 […]
Talos Energy Receives Extension For Block 7
(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 […]
Pemex Reveals Measures To Improve Financial Condition
(Pemex, 11.Sep.2019) — PetrĂłleos Mexicanos (Pemex) announced a series of measures intended to improve its financial condition. First, Pemex announced that it expects to receive […]
Alpek Starts Ops At CogeneraciĂłn de Altamira
(Alpek, 10.Sep.2019) — Alpek, S.A.B. de C.V. says it has met all the legal dispositions required by the ComisiĂłn Federal de Electricidad (CFE) and Centro […]
Moody’s: PEMEX Ratings Close To Boundary
(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 […]
Mexico Boosts Spending In 2020 Budget
(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 […]
Mexico Budget Assumes 1982 Output Surge
(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 […]
Mexico Launch World’s Largest Oil Hedge Program
(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 […]
Mexico To Launch World’s Largest Oil Hedge
(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 […]
LatAmNRG briefs: Liza Destiny, Dos Bocas, PDVSA
HOUSTON, TEXAS (By Energy Analytics Institute, Aaron Simonsky, 29.Aug.2019, Words: 327) — LatAmNRG briefs related to the Liza Destiny FPSO reaching Guyana, PDVSA investigating recent […]
OPIS Mexico Fuel Week Opens Registration
(OPIS, 28.Aug.2019) — OPIS (Oil Price Information Service) by IHS Markit has opened registration for the third annual OPIS Mexico Fuel Week, October 21-24, 2019. […]
Mexico Eyes $4.5bn Savings From Contract Renegotiation
(Reuters, 27.Aug.2019) — Mexico said on Tuesday a deal had been struck with a group of companies to renegotiate the terms of natural gas pipeline […]
Trelleborg Awarded Fast Track Contract By MODEC For Eni Mexico Area 1 FPSO
(Trellebord, 24.Aug.2019) — Trelleborg’s offshore operation has been awarded a fast track contract to produce over 80 laminated elastomeric bearings for MODEC, the leading specialist […]
Wind Developers Losing Heart On Mexico Amid Stall
(Chron.com, Emily Pickrell, 22.Aug.2019) — Mannti Cummins, a Corpus Christi wind developer, has spent the last 17 years building wind energy projects in the Rio […]
Mexican Gov’t To Keep Investing In Pemex
(Reuters, 16.Aug.2019) — Mexican President Andres Manuel Lopez Obrador said on Friday that his government would keep investing in state oil company Pemex, which is […]
IEnova Suspends CFE Deal Related To El Oro Pipeline
(IEnova, 5.Aug.2019) — Infraestructura EnergĂ©tica Nova, S.A.B. de C.V., (IEnova), reports that, within the framework of the Negotiation Rounds convened by the Federal Government related […]
Mexican Lawsuit Risks Permian Route To Market
(Petroleum Economist, Charles Waine, 2.Aug.2019) — Mexico’s ComisiĂłn Federal de Electridad (CFE), the state-owned electricity utility, has started legal proceedings against seven natural gas pipelines. […]
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, AndrĂ©s Manuel LĂłpez Obrador, the chief executive officer of PetrĂłleos 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 MiztĂłn 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 PetrĂłleos 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 PetrĂłleos 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 […]