(Foreign Policy, Lisa Viscidi, .16.Oct.2018) — A potential return to resource nationalism could set both countries back. Until this year, resource nationalism—when a government asserts […]
Category: Mexico
Mexico energy
Texas Would Have A ‘Party’ If Mexico Prohibited Fracking
(Energy Analytics Institute, Ian Silverman, 16.Oct.2018) — Prohibiting fracking in a generalized manner, as announced by Mexico’s president-elect Andrés Manuel López Obrador (AMLO), would be […]
Mexico’s Lopez Obrador Pushes Big Oil To Hurry, But Offers Little
(Reuters, David Alire Garcia, Marianna Parraga, 16.Oct.2018) — At his first meeting with foreign oil majors, Mexico’s leftist president-elect pushed the companies to prove themselves […]
Mexico Plans To Enforce Odebrecht Fines Via Seizure -Official
(Reuters, 12.Oct.2018) — Mexico plans to enforce fines imposed on Odebrecht over corruption allegations by confiscating some $30 million owed by state oil company Pemex […]
Pemex Rolls Out New Fuel Additive To Protect Gasoline Engines
(Pemex, 11.Oct.2018) — Pemex introduced the new gasoline additive that will be added into Pemex Magna and Pemex Premium fuels, the additive will be promoted […]
Pemex Hopes Gulf Discoveries Mesh With New President’s Goals
(Houston Chronicle, Jordan Blum, 11.Oct.2018) — Leaders of Mexico’s state oil company Pemex initially feared the inevitable election of leftist presidential candidate Andrés Manuel López […]
Pemex: 2 New Wells Have 180 Million Barrels 3P Oil
(AP, 9.Oct2018) — Mexico’s state-owned oil company says two wells in shallow Gulf of Mexico waters have found about 180 million barrels of proven, probable […]
Pemex Finds 2 New Oil Fields in Gulf of Mexico
(FT, Jude Webber, 9.Oct.2018) — Mexican state-owned oil company Pemex said it had discovered two new shallow water fields that, combined with other discoveries in […]
Pemex Announces Oil Field Find In Shallow Waters Of Southeast Basin
(Pemex, 9.Oct.2018) — Pemex CEO, Carlos Treviño, confirmed the discovery of seven reservoirs in two new wells in Mexico’s Southeast Basin, named Manik-101A and Mulach-1, […]
Pemex Spill Prompts Evacuations In Mexico
(The Oil&Gas Year, 8.Oct.2018) — Around 300 people were evacuated in the Mexican state of Veracruz as hydrocarbons spilled from a vandalised Pemex pipeline into […]
Pemex Receives “2018 Most Innovative Award”
(Pemex, 5.Oct.2018) — Pemex Digital, Pemex’s Digital Transformation project, which is spearheaded by the Corporate Office of Information Technology and is supported by Pemex CEO […]
AMLO Sees EOR, Pemex Farm-Outs As Key To Boosting Mexican Oil, Gas Output
(S&P Global Platts, Daniel Rodriguez, 4.Oct.2018) — Mexico’s President-elect Andres Manuel Lopez Obrador will allow Pemex to continue farming out projects to boost oil and […]
Mexico’s President-Elect AMLO Commits to Respect Oil Contracts
(Renaissance Oil Corp., 2.Oct.2018) — Renaissance Oil Corp. announced that Mexico’s president-elect, Andres Manuel Lopez Obrador, who will take office on December 1, 2018, assured […]
Pemex to Import U.S. LLS Crude for Oct Delivery
(Reuters, 1.Oct.2018) — Mexico’s state-run Pemex has launched a tender to buy 350,000 barrels of U.S. Light Louisiana Sweet (LLS) crude for October delivery, according […]
Obrador’s Government Will Renovate Refineries of Petroleos Mexicanos
(Prensa Latina, 1.Oct.2019) — The government of elected president Andres Manuel Lopez Obrador will make a strong investment to rehabilitare the six refineries presently property […]
Mexico’s Oil Regulator Backs Pemex Picking Its Own Partners
(Reuters, 30.Sep.2018) — Mexico’s oil regulator supports a proposal to allow state-run oil company Pemex to pick its own equity partners for exploration and production […]
Mexico Must Double Oil Exploration Spending to Halt Output Fall: Pemex
(Reuters, Marianna Parraga, David Alire Garcia, 28.Sep.2018) — Mexico will need to double to about $4 billion its annual oil exploration investment to reverse a […]
Grid Connection for Over 1 GW of Enel Solar Parks in Mexico
(Renewables Now, 28.Sep.2018) — Italian energy major Enel SpA has switched on and hooked to the grid two solar parks in Mexico totalling 1,089 MW. […]
Mexico Oil Auction Winners Stay Positive
(Bloomberg, Amy Stillman, 28.Sep.2018) — Mexico’s oil auction winners BHP Billiton Ltd and DEA Deutsche Erdoel AG are hopeful that the slowdown in bid rounds […]
Energy Reform To Continue To Reap Benefits For Mexico: Treviño Medina
(Pemex, 27.Sep.2018) — Petróleos Mexicanos CEO, Carlos Treviño Medina, assured that the Energy Reform is beginning to yield important benefits for Mexico by allowing new […]
Pemex to Begin Importing US Crude in H2 October: CEO
(S&P Global Platts, Daniel Rodriguez, 27.Sep.2018) — Pemex plans to begin importing light crude from the US Gulf Coast in the second half of October, […]
Interview: Pemex’s CEO Expects FID for Four New Fields in 2019
(S&P Global Platts, Daniel Rodriguez, 27.Sep.2018) — Mexico’s state oil company Pemex expects to make a final investment decision (FID) and begin development of its […]
Talos Energy Announces Approval Of Zama Appraisal Plan
(Talos Energy, 27.Sep.2018) — Talos Energy Inc. announced the Mexican oil & gas regulator, the National Hydrocarbons Commission (CNH) has approved the appraisal plan for […]
Venezuela Faces Fresh Blow With Ship-Fuel Rules Threatening Exports
(Bloomberg, 27.Sep.2018) — New rules forcing ships to use cleaner marine fuels may deal yet another blow to cash-strapped Petroleos de Venezuela SA, an exporter […]
Pemex Plans up to 100,000 b/d of Light Crude Imports, Says CEO
(Reuters, David Alire Garcia, Marianna Parraga, 26.Sep.2018) — Mexican state-run oil company Pemex expects to begin importing up to 100,000 barrels per day of light […]
Giving More Money to Pemex Could Hurt The Company
(Energy Analytics Institute, Ian Silverman, 25.Sep.2018) — Contrary to what is thought, investing in Pemex and increasing its production could weaken the oil company, since […]
Pemex, Consortium Sign First Ever Pre-Unitization Agreement in Mexico
(Pemex, 20.Sep.2018) — Pemex and the Block 7 consortium signed the first ever pre-unitization agreement in Mexico. Petróleos Mexicanos (Pemex) and Talos Energy, as operator […]
Pemex CEO Launches Management System at Cangrejera Petrochemical Complex
(Pemex, 19.Sep.2018) — The CEO of Petróleos Mexicanos, Carlos Treviño Medina, launched the Management Assessment System at the Cangrejera Petrochemical Complex, located in the state […]
Pemex Performs Earthquake Drill at 140 Facilities Across Mexico
(Pemex, 19.Sep.2018) — At 13:16 hours, on September 19th a massive, country-wide earthquake drill started and 140 Petróleos Mexicanos facilities participated simultaneously. This country-wide drill […]
Mexico’s New President Should Postpone Oil Auctions: Former Pemex Official
(Reuters, Collin Eaton, 19.Sep.2018) — A former Petroleos Mexicanos board member said on Wednesday Mexican President-elect Andres Manuel Lopez Obrador has enough political support to […]
IEnova, BP Sign Contract For Liquid Fuels Terminal In Baja California, Mexico
(Sempra Energy, 11.Sep.2018) — Sempra Energy announced its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) signed a long-term contract with British Petroleum (BP) […]
Mexico Oil Production to Reach 2.6 MMb/d by 2025: Lopez Obrador
(S&P Global Platts, Daniel Rodriguez, 11.Sep.2018) — Mexico’s President-elect Andres Manuel Lopez Obrador said Sunday he plans to focus on developing and exploring onshore and […]
Concerns Raised Over Contract Release Program in Mexico
(S&P Global, 6.Sep.2018) — Mexico gas market observers have expressed concern that a lack of liquidity and supply guarantees will complicate the final phase of […]
AMLO to Continue Drilling Service Contracts
(Bloomberg, Amy Stillman and Eric Martin, 6.Sep.2018) — Mexico’s next president said he will continue with tenders for drilling service contracts starting when he takes […]
AMLO Plans Massive New Oil Refinery
(OilPrice.com, Irina Slav, 5.Sep.2018) — Mexico’s President Andres Manuel Lopez Obrador has plans to build the country’s largest refinery with a capacity to produce 400,000 […]
New Fortress Builds On LNG Presence With Irish, Mexican Projects
(LNG World Shipping, Mike Corkhill, 4.Sep.2018) — New Fortress Energy has added two major LNG import projects to its portfolio, as part of its drive […]
OOS Drillship to Support Pemex Campaign
(Offshore, 4.Sep.2018) — OOS Energy has won its first drilling contract offshore Mexico. The OOS Tiger 1 drillship will support Marinsa & PPS (Pemex Drilling) […]
Mexican Fuel Consumption 778 Mb/d: Jan.-Jul. 2018
(Energy Analytics Institute, Jared Yamin, 3.Sep.2018) — During the first seven months of 2018, the average consumption of gasoline in Mexico was 778,000 barrels per […]
S&P Confirms Pemex’s Global Rating at BBB+
(Pemex, 31.Aug.2018) — Rating agency Standard and Poor’s (S&P) confirmed the global rating of Petróleos Mexicanos at ‘BBB+’ with stable outlook after its annual review […]
Pemex Pauses Light Crude Exports: Data, Source
(Reuters, Ana Isabel Martinez, Marianna Parraga, 30.Aug.2018) — Mexico’s state-run oil firm Pemex has not exported light crude since May, according to a source and […]
Pemex’s Oil Workers Donate to Mexican Red Cross
(Pemex, 28.Aug.2018) — Pemex CEO Carlos Treviño Medina, presented the donation of 15,685,324 pesos made by the oil workers’ community in the country as part […]
AMLO Says NAFTA Preserves Energy ‘Sovereignty’
(Reuters, 28.Aug.2018) — Mexican president-elect Andres Manuel Lopez Obrador welcomed a deal between Mexico and the U.S. to overhaul the North American Free Trade Agreement […]
Pemex Insider Destined for Key Post Under AMLO
(Bloomberg, Amy Stillman, 28.Aug.2018) — Mexico President-elect Andres Manuel Lopez Obrador will name Fluvio Ruiz Alarcon as Petroleos Mexicanos’s next exploration and production chief, according […]
Renaissance Oil Reports 2Q:18 Results
(Renaissance Oil Corp., 27.Aug.2018) — Renaissance Oil Corp. reported second quarter 2018 results. All dollar figures are Canadian dollars, unless otherwise noted. SECOND QUARTER 2018 […]
Renaissance Oil Advancing at Amatitlán block in Mexico
(Renaissance, 27.Aug.2018) — Renaissance Oil Corp. announced that in the second quarter of 2018 it saw continued oil field development with its partner LUKOIL, at […]
Atlas Renewable Energy, Bancomext Closing Long-Term Financing
(Atlas Renewable Energy, 27.Aug.2018) — Atlas Renewable Energy and Banco de Comercio Exterior (Bancomext) announced the signing of a long-term financing agreement for Atlas Renewable […]
Mexico’s New President To Deal Blow To Oil Industry
(Oilprice.com, Nick Cunningham, 26.Aug.2018) — Mexico will likely halt oil auctions for at least two years, dealing a blow to its oil industry. Mexico’s president-elect […]
Pemex Industrial Transformation to Challenge Cofece Fine
(Pemex, 26.Aug.2018) — As of today, the Commission of Economic Competition (acronym in Spanish, Cofece) published the fine imposed on Pemex TRI for over 418 […]