Category: Mexico

Mexico energy

Transocean Reveals $518mn Ultra-Deepwater Contract

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(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

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(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, […]

Sempra Commemorates 25 Years of Innovation and Safety

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(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

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(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

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(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 […]

GoGold Intercepts High Grade at Los Ricos South

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(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 […]

NatGas in Transition to Low-Carbon Economies [PDF Download]

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(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

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(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 […]

Global Gas Flaring Tracker Report [PDF Download]

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(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 […]

EAI’s NRGBriefs: Feb. 2023

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(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 […]

Eviation Announces Order From Aerus For 30 Alice All-Electric Commuter Aircraft

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(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

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(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 […]

Broxel Releases First Emissions Report

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(Broxel, 22.Dec.2022) — Broxel, a leading FinTech company in Latin America, released its first emissions report as part of the company’s commitment to become carbon neutral. The inaugural report includes Scope 1, 2, and 3 greenhouse gas (GHG) emissions, and outlines the company’s plan to meet climate targets. “This emissions report […]

NFE Finalizes Deals with Pemex Regarding Lakach Offshore Gas Field

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(New Fortress Energy, 22.Nov.2022) — New Fortress Energy Inc. (NASDAQ: NFE) has finalized its agreements with Petróleos Mexicanos (Pemex), Mexico’s state-owned oil company, to develop and operate an integrated upstream and natural gas liquefaction project off the coast of Veracruz in Southeastern Mexico. The agreements comprise a long-term strategic partnership, expressly supported by His Excellency […]

Wintershall Dea Expands Presence in Mexico

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(Wintershall Dea, 24.Oct.2022) — Wintershall Dea signed an agreement with Hokchi Energy, the Mexican subsidiary of Pan American Energy, to acquire a 37% non-operated participating interest in the Hokchi Block, with a conditional option to increase its participation up to 40% at a later stage. Wintershall Dea is thus expanding […]

Borr Drilling reveals new 3-year contracts for drilling rigs in Mexico

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(Editors at Energy Analytics Institute, 20.Oct.2022) — Borr Drilling Limited announced its joint venture (JV) company in Mexico Perfomex entered into new contracts for the company’s 5 premium jack-up rigs “Galar”, “Gersemi”, “Grid”, “Njord” and “Odin” with OPEX Perforadora S.A. de C.V. and Perforadora Profesional Akal I S.A. de C.V., providers of integrated well services to state-owned Pemex.  The contracts are effective from […]

Business Confidence in Mexico Drops in September 2022

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(Energy Analytics Institute, 3.Oct.2022) — Inflationary pressures, low economic growth, higher interest rates and investment uncertainty led to the fourth consecutive deterioration of business confidence in Mexico, the daily La Jornada reported on 3 October 2022, citing data from the National Institute of Statistics and Geography (Inegi by its Spanish […]

Energy Analytics Institute’s NRGBriefs: September 2022

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(Energy Analytics Institute, 30.Sep.2022) — Energy briefs as well as others related to finance and politics during September 2022 including EXMAR closing the sale of the floating liquefaction barge Tango FLNG to Eni; the Venezuelan government officially regaining control of the petrochemical company Monómeros, a subsidiary of the state-owned PDVSA; […]

Pemex Acknowledges Releasing Methane Plume

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(The Associated Press, 8.Sep.2022) — Mexico’s state-owned Petroleos Mexicanos oil company acknowledged Thursday it released a plume of methane, a potent greenhouse gas, in the Gulf of Mexico late last year, but said it was far smaller than Spanish researchers said. A report published in June by Spanish university researchers in the […]