(Silver Viper Minerals, 20.Oct.2023) — Silver Viper Minerals Corp. (TSXV: VIPR) (OTC: VIPRF) announced that, further to its press release April 6, 2023, it has amended the terms of the Rubi-Esperanza Option Agreement with respect to its right to purchase 100% ownership of three mineral concessions covering 2,102 hectares at the […]
Category: Mexico
Mexico energy
SKF Inaugurates Factory in Monterrey, Mexico
(SKF, 4.Oct.2023) — SKF inaugurated its new facility in Monterrey, Mexico, a greenfield factory investment totaling SEK 700mn. This will support SKF’s strategic development in the Americas and meet customer needs as focus on electrification increases. The investments are also an important step in SKF’s ongoing Automotive portfolio re-positioning towards the electric […]
EAI’s NRGBriefs: Sep. 2023
(Energy Analytics Institute, 30.Sep.2023) — Energy briefs as well as others related to finance and projects during Sep. 2023 including Petrobras saying that in regards the process of divestment of the LUBNOR refinery that it continues to strictly comply w/ the purchase and sale agreement; SilverCrest Metals Inc. filing an […]
Tania Ortiz Mena Appointed President of Sempra Infrastructure
(Sempra, 27.Sep.2023) — Sempra Infrastructure, a subsidiary of Sempra, announced that Tania Ortiz Mena has been appointed president of Sempra Infrastructure. In this role, Ortiz Mena will lead the company’s three business lines – clean power, energy networks, and LNG and net-zero solutions. Ortiz Mena most recently served as group president of clean power and energy networks […]
Talos Energy Completes Mexico Transaction with Grupo Carso
(Talos, 27.Sep.2023) — Talos Energy Inc. (NYSE: TALO) and its Mexican subsidiary Talos Mexico announced the closing of the sale of a 49.9% interest in Talos Mexico to Zamajal, S. A. de C.V., a wholly-owned subsidiary of Grupo Carso, a company controlled by the family of the Mexican billionaire Carlos […]
Vista Investor Day 2023 Presentation [PDF Download]
(Energy Analytics Institute, 26.Sep.2023) — Vista Energy provided an update on its assets in Argentina and Mexico during its 26 Sep. 2023 investor day. ____________________ By Aaron Simonsky. © Energy Analytics Institute (EAI). All Rights Reserved.
Mexico’s First LNG Plant to Receive Final Piece in Days
(Reuters, 22.Sep.2023) — The last major piece of infrastructure needed to start production at Mexico’s first floating liquefied natural gas (LNG) plant is set to depart from a Texas shipyard next week, the U.S. Coast Guard said in a notice to shippers. LNG developer New Fortress Energy (NFE.O) is planning to begin […]
Orex Announces Share Consolidation
(Orex Minerals, 22.Sep.2023) — Orex Minerals Inc. (TSXV: REX) (OTCQB: ORMNF) announced that, effective 27 September 2023, the company will consolidate its issued and outstanding common shares at a ratio of ten (10) pre-consolidation shares to one (1) post-consolidation share. The reasons for the consolidation are to increase the company’s flexibility and […]
Silver Valley Metals Provides Corporate Update
(Silver Valley Metals, 18.Sep.2023) — Silver Valley Metals Corp. (TSXV: SILV) (OTCQB: SVMFF), a brownfield exploration company with two potential high impact projects that comprise silver-zinc-lead located in north Idaho, USA and lithium – potassium (sulphate of potash) located in Zacatecas and San Luis Potosi, Mexico respectively, is pleased to provide a corporate update for both of its […]
CarbonClear Buys Carbon Credits from iluméxico
(CarbonClear, 8.Sep.2023) — CarbonClear, a data-driven carbon credit standard, facilitated Uber Mexico‘s purchase of carbon credits from iluméxico through Apala Group. This landmark transaction signifies a significant step forward in corporate sustainability efforts and the fight against climate change. iluméxico, a leader in providing sustainable energy solutions across Mexico, has been […]
Arena Energy and White Fleet Drilling Christen Refurbished Jack-Up Drilling Rig
(Arena Energy, 7.Sep.2023) — Arena Energy, LLC, an independent oil and gas exploration company focused on the Gulf of Mexico Shelf, and White Fleet Drilling, LLC, Arena’s strategic partner created in 2017 as a jack-up rig services provider and Arena’s preferred drilling contractor, announced the christening and mobilization of a refurbished […]
EAI’s NRGBriefs: Aug. 2023
(Energy Analytics Institute, 31.Aug.2023) — Energy briefs as well as others related to finance and projects during August 2023 including Petrobras commenting on divestment process related to the LUBNOR refinery; Petrobras commenting on Sete Brasil; FMC Corporation on revenues in Latin America in the second quarter 2023; Sempra appointing Richard Mark to […]
Cuban Oil Tankers Becoming Regular Visitors to Mexican Ports
(Reuters, 10.Aug.2023) — Cuba has begun using its own tankers to ramp up crude imports from Mexico, which in the second quarter surpassed Russia as a key oil provider to the fuel-thirsty island, according to vessel monitoring data. Following days-long lines to fill drivers’ tanks and power blackouts, the communist-run nation saddled […]
Talos Energy Reveals 2Q:23 Operational and Financial Results
(Talos, 8.Aug.2023) — Talos Energy Inc. (NYSE: TALO) announced its operational and financial results for fiscal quarter ended June 30, 2023. Key Highlights: Drilled a successful commercial discovery at the Talos-operated Sunspear prospect. Announced a transaction with Grupo Carso, selling a 49.9% interest in Talos Energy Mexico 7, S. de R.L. de C.V. […]
EAI’s NRGBriefs: Jul. 2023
(Energy Analytics Institute, 31.Jul.2023) — Energy briefs as well as others related to finance and projects during July 2023 including Dominion Energy (NYSE: D) concluding a sale process and executed a definitive agreement to sell its 50% non-controlling limited partner interest in Cove Point LNG, LP, to Berkshire Hathaway Energy; Vista […]
IGU 2023 World LNG Report [PDF Download]
(IGU, 20.Jul.2023) — The International Gas Union (IGU) presented its 14th annual edition of the IGU World LNG report. ____________________
Transocean Reveals $518mn Ultra-Deepwater Contract
(Transocean, 18.Jul.2023) — Transocean Ltd. (NYSE: RIG) announced that an independent operator awarded a 1,080-day contract for a high-specification seventh-generation, ultra-deepwater drillship in the Gulf of Mexico offshore Mexico. One of three drillships will be selected by Transocean from among Deepwater Invictus, Deepwater Thalassa, and Deepwater Proteus no later than one year prior to the earliest date in the commencement window. […]
Welligence Reveals LNG Outlook to 2030
(Welligence Energy Analytics, 7.Jul.2023) — Our LNG outlook report, published this week to clients, reveals key insights into the industry’s future. Can the LNG market overcome increasingly scarce supply, adapt to more concentrated production, embrace progressively floating infrastructure and meet Net Zero pressures? Growing LNG competition from Asian importers will keep gas prices elevated, averaging over US$13/MMbtu in Europe, […]
Mexico Pacific and Zhejiang Ink Long-Term LNG SPA
(Mexico Pacific, 5.Jul.2023) — Zhejiang Energy International Limited and Mexico Pacific Limited signed a sales and purchase agreement for Zhejiang Energy to offtake 1.0 million tons per year (MTPA) of liquefied natural gas (LNG) from Mexico Pacific’s anchor LNG export facility, Saguaro Energia, located in Puerto Libertad, Sonora, Mexico.Under the sales […]
EAI’s NRGBriefs: Jun. 2023
(Energy Analytics Institute, 30.Jun.2023) — Energy briefs as well as others related to finance and projects during June 2023 including YPF and Petronas updating on their joint plans to develop a 25 MTPA LNG facility in Argentina; Caterpillar Inc. saying its chief legal officer and general counsel Suzette M. Long will retire […]
Sempra Commemorates 25 Years of Innovation and Safety
(Sempra, 29.Jun.2023) — Sempra (NYSE: SRE) (BMV: SRE) begins its 25th year of business, marking a quarter century of continued performance and progress toward its mission to be North America’s premier energy infrastructure company. “Over the past 25 years, we have been connecting people to safer, more reliable and cleaner energy sources, empowering communities and providing value […]
Maxeon Solar Ribbon Cutting Ceremony in Mexicali
(Maxeon Solar, 26.Jun.2023) — Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) hosted a ribbon cutting event in its recently expanded and renovated manufacturing plant in Mexicali, Baja California, Mexico. Maxeon was honored to welcome the Governor of the State, Marina del Pilar Ávila Olmeda, among other distinguished guests. Leadership members of Maxeon hosted the celebration. For […]
Vehya and Utilimaster Extend EV Installations into Mexico
(Vehya, 26.Jun.2023) — Vehya, the dedicated marketplace platform for Electric Vehicle Supply Equipment (EVSE), announces a strategic partnership with Utilimaster, a go-to-market brand of The Shyft Group’s Fleet Vehicles & Services business unit, and Stellantis N.V., a automaker and mobility provider, as they expand their services into Mexico. Building on their ongoing […]
Woodside makes $7.2bn FID for Trion offshore Mexico [PDF download]
PERTH, AUSTRALIA (By Woodside, 20.Jun.2023, Words: 257) — Woodside has made a final investment decision to develop the large, high-quality Trion resource in Mexico. The expected returns from the development exceed Woodside’s capital allocation framework targets and deliver enduring shareholder value. First oil is targeted for 2028. The development is subject to […]
Mexico City Mayor Sheinbaum to Step Down Ahead of 2024 Elections
(Bloomberg, 12.Jun.2023) — Mexico City Mayor Claudia Sheinbaum will resign from her post on June 16 to start her presidential campaign ahead of next year’s election. “I have made the decision to permanently resign from my post on June 16 with the purpose of becoming the first female in the history of […]
New Fortress Gets Export Approval for Altamira Fast LNG
(New Fortress Energy, 2.Jun.2023) — New Fortress Energy Inc. (NASDAQ: NFE) has received an export permit for its Altamira Fast LNG facility from Mexico’s Ministry of Energy (Secretaría de Energía (SENER)). Under the permit granted by SENER, NFE is now authorized to export up to 7.8 million metric tons through […]
EAI’s NRGBriefs: May 2023
(Energy Analytics Institute, 31.May.2023) — Energy briefs as well as others related to finance and politics during May 2023 including Venezuela planning to issue a license next month to Eni SpA and Repsol SA to export natural gas, Petrobras receiving an arbitration award that fully rejected the claims made by […]
GoGold Intercepts High Grade at Los Ricos South
(GoGold Resources, 31.May.2023) — GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) announced additional drilling results from Los Ricos South, within the Eagle Deposit, including an exceptionally wide, high-grade intercept from hole LRGAG-22-165. The hole intercepted 50.0m of 1,126 g/t silver equivalent (“AgEq”), including 7.8m of 6,334 g/t AgEq which also included a very high-grade interval of 46,822 g/t […]
Talos Energy announces Mexico transaction, including stake in Zama
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 25.May.2023, Words: 337) — Talos Energy Inc. announced that Zamajal, S. A. de C.V., a wholly owned subsidiary of Grupo Carso, agreed to acquire a 49.9% interest in Talos’s Mexican subsidiary (Talos Mexico), which holds the company’s 17.4% interest in Zama. Carso […]
LatAm Gas Resources and Development Challenges: WoodMac
(WoodMac, 3.May.2023) — Latin America has significant gas resources that have not been prioritised for development. Natural gas demand in the region will continue to grow, however, driven by the replacement of coal in power generation and industrial processes. To meet this demand, Latin America will need to maximise its […]
Ecopetrol on 1Q:23 Earnings Report, Conference Calls
(Ecopetrol, 2.May.2023) — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Tuesday, 9 May 2023, after market close, it will release its financial and operating results for the first quarter 2023. On Wednesday, 10 May 2023, Ecopetrol’s senior management will host two conference calls to review the results, one in Spanish and the […]
EAI’s NRGBriefs: Apr. 2023
(Energy Analytics Institute, 30.Apr.2023) — Energy briefs as well as others related to finance and politics during April 2023 including the US not blocking the court-ordered sale of shares of Citgo Petroleum Corp.’s parent company, PDV Holding, to pay off creditors who have sought payment from the Venezuelan state; OFAC authorizing […]
Wintershall Dea Reports Important Shallow Water Find Offshore Mexico
(Wintershall Dea, 25.Apr.2023) Operator Wintershall Dea and its partners Harbour Energy and Sapura OMV have made a significant oil discovery on the Kan exploration prospect in Block 30, located in shallow waters of the Cuenca Salina in the Sureste Basin, offshore Mexico. Based on preliminary estimates the discovery may contain […]
Argentina Lithium Delineates Concentrated Lithium Brine Zone
(Argentina Lithium, 24.Apr.2023) — Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTC: PNXLF) reports continued positive lithium brine results at its Rincon West Project in Salta Province, Argentina, including a 178 m* section with results ranging from 241 to 340 mg/l lithium (*no sample was collected from 30 m of this interval) from the seventh […]
NatGas in Transition to Low-Carbon Economies [PDF Download]
(IGU, OLADE, ARPEL, 17.Apr.2023) — The world needs to transition to low-carbon economies to reduce global warming while continuing to promote sustainable socioeconomic development for a growing global population. Achieving this massive goal requires a radical transformation in how energy is supplied and used worldwide, as 73% of global greenhouse […]
Avino Reports Steady Production in 1Q:23
(Avino, 18.Apr.2023) — Avino Silver & Gold Mines Ltd. (TSX: ASM) (NYSE: ASM) (FSE: GV6) reports another quarter of strong production results of 678,247 silver equivalent ounces, bringing the 12-month trailing total to 2.9 million silver equivalent ounces from the Avino Mine. Production Highlights – Q1 2023 (Compared to Q1 2022) Silver equivalent production […]
Silver Viper Renegotiates Rubi-Esperanza Cash and Option Agreement
(Silver Viper, 6.Apr.2023) — Silver Viper Minerals Corp. (TSXV: VIPR) (OTC: VIPRF) has renegotiated terms of the Rubi-Esperanza Option Agreement to purchase three mineral concessions, originally signed in June of 2018 (see news release of 25 June 2018). On 21 June 2019, the first agreement addendum was signed. A second addendum to the […]
GoGold Reports Parral Production for Quarter Ending Mar. 2023
(GoGold Resources, 6.Apr.2023) — GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) reported production for the quarter ending 31 March 2023 of 400,145 silver equivalent ounces, consisting of 173,717 silver ounces, 2,016 gold ounces, and 143 tonnes of copper. “We continue to focus on completion of the preliminary economic assessment in Los Ricos North, followed […]
Arctech to Provide 365MW Solar Tracking Solution in Mexico
(Arctech, 3.Apr.2023) — Arctech, a solar tracking and racking solution provider, is poised to provide 365.8MW SkyLine II solar tracking solution to Puerto Penasco Solar Park in Mexico. Once completed, this project would become the largest solar plant in a single unit in Mexico and 8th in the world. Located in Puerto Penasco in […]
Wintershall DEA Completes Acquisition of 37% Stake in Hokchi Block
(Wintershall DEA, 31.Mar.2023) — The acquisition of a 37% non-operated participating interest in the oil producing Hokchi Block offshore Mexico by Wintershall Dea was completed on 30 March. All government approvals were obtained and Wintershall Dea, together with the remaining partners in the Hokchi Block have signed the corresponding Production […]
Global Gas Flaring Tracker Report [PDF Download]
(The World Bank, 31.Mar.2023) — After a decade of little progress, global gas flaring volumes fell by around 3% in 2022. However, despite this welcome reduction, greater and sustained efforts are needed to end this wasteful and polluting practice. The growing sense of urgency in tackling global gas flaring is […]
Elon Musk Plans to Build the World’s Largest Tesla Plant in Mexico
(Mexican Gov’t, 2.Mar.2023) — Elon Musk announces plan to build the largest Tesla plant in the world in Mexico. Highlights: –Construction of the factory will create between five to six thousand jobs in Mexico, with an investment reaching $5bn –The investment is part of the Mexican Foreign Ministry’s electromobility strategy […]
EAI’s NRGBriefs: Feb. 2023
(Energy Analytics Institute, 23.Feb.2023) — Energy briefs as well as others related to finance and politics during February 2023 including Repsol commenting on improvement of prospects for operations in Venezuela; earnings updates and webcasts from Pemex, Noble Corporation, bp, Repsol and TotalEnergies; Venezuela reactivates first drilling rig, the PDVEN-778, in […]
Sempra to Develop NatGas Transportation Infrastructure in Mexico
(Sempra, 14.Feb.2023) — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE) (BMV: SRE), Mexico’s Federal Electricity Commission (Comisión Federal de Electricidad, CFE), and Carso Energy, a subsidiary of Grupo Carso, announced today a Memorandum of Understanding (MOU) to advance a potential strategic alliance for the joint development of natural gas […]
Mexico Pacific to Sell LNG from Sonora Export Plant to Exxon Mobil
(Reuters, 7.Feb.2023) — Mexico Pacific said that a unit of Exxon Mobil Corp had agreed to buy liquefied natural gas from the Mexican company’s proposed Saguaro Energia LNG export plant in Sonora state. Mexico Pacific said in a news release that ExxonMobil will buy about 2 million tonnes per annum […]
MPC Energy Solutions Start Operations for its Solar Plants in El Salvador
(MPC Energy Solutions, 6.Feb.2023) — MPC Energy Solutions (MPCES) announced the start of operations for its Santa Rosa and Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined installed capacity of 21.3 MW. Santa Rosa and Villa Sol are the third and fourth projects in the company’s portfolio to start […]
Mexico’s President Says he Won’t Seek an Unconstitutional Second Term
(NPR, 3.Feb.2023) — President Andrés Manuel López Obrador is still immensely popular in Mexico. Across the country you’ll find graffiti and placards that say “Que siga el presidente” (Let the president continue.) In Mexico, there has been a lot of handwringing over the undemocratic tendencies of President Andrés Manuel López […]
Sempra to Report 4Q:22 and FY:22 Earnings 28 Feb. 2023
(Sempra, 3.Feb.2023) — Sempra (NYSE: SRE) (BMV: SRE) plans to release its fourth-quarter and full-year 2022 earnings by 7 a.m. ET, Tuesday, 28 February 2023. Sempra executives will conduct a conference call at 12 p.m. ET, Tuesday, 28 Feb. Investors, media, analysts and the public may listen to a live webcast of the conference call by […]
Eviation Announces Order From Aerus For 30 Alice All-Electric Commuter Aircraft
(Eviation, 17.Jan.2023) — Eviation Aircraft, a manufacturer of all-electric aircraft, announced that Aerus, an emerging regional airline in Mexico, has signed a Letter of Intent (LOI) for 30 commuter Alice aircraft. Aerus intends to utilize Alice for middle-mile travel across regions including Nuevo León, Tamaulipas, Coahuila and Veracruz, providing historically underserved communities in northern areas of […]
Silver Viper Presents Positive G&G Survey Results at La Virginia
(Silver Viper, 12.Jan.2023) —Silver Viper Minerals Corp. (TSXV: VIPR) (OTC: VIPRF) provided an update on exploration activities within the La Virginia Silver-Gold Project, located in Sonora, Mexico. Exploration activities continued throughout 2022 at the northern portion of the La Virginia Project, principally along the south and south-east extensions of the El Rubi […]