(Energy Analytics Institute, 5.Dec.2024) — Oak Creek Wood Products (OCWP) and Grupo Lyrba, involved in Mexico’s recycling industry, entered a strategic alliance to optimize their […]
Category: Mexico
Mexico energy
Repsol Exploración México Awards McDermott FEED Contract
(Energy Analytics Institute, 3.Dec.2024) — Repsol Exploración México S.A. awarded McDermott a front-end engineering design (FEED) contract for the Polok and Chinwol field development project […]
Claudia Sheinbaum Pardo continues Morena Party’s 4th transformation
MEXICO CITY, MEXICO (Pietro D. Pitts, Energy Analytics Institute, 3.Dec.2024, Words: 131) — The recent election of Morena Party’s Claudia Sheinbaum Pardo to serve as […]
Luca Grants Stock Options to 3 Executives
(Energy Analytics Institute, 2.Dec.2024) — Luca Mining Corp.—a diversified Canadian mining company with two 100%-owned producing mines in Mexico—has granted an aggregate of 850,000 incentive […]
EAI’s NRGBriefs Nov.2024: GranMorgu iEPCI, Sempra PALNG1, Energy Transfer ammonia hub
HOUSTON, TEXAS (Energy Analytics Institute, 30.Nov.2024) — Energy briefs as well as others related to finance and projects during Nov. 2024 including Woodside Energy saying […]
LatAm NRG Matters: Highlights, Heard for the Week Ended 29 Nov. 2024
(Energy Analytics Institute, 29.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 29 Nov. 2024. —Argentina: YPF has put […]
Pemex seeks to maintain liquids+condensates production
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 29.Nov.2024) — A key feature of the business plan for state-owned Petróleos Mexicanos (Pemex) during the sexenio of […]
Pemex Denies “Freezing” Contracts with Service Providers
(Energy Analytics Institute, 28.Nov.2024) — Petróleos Mexicanos (Pemex), in response to local media reports, said it is not “freezing” contracts with service providers. Pemex said […]
Trump’s 25% tariff to impact GM, Stellantis and Ford
MEXICO CITY, MEXICO (Pietro D. Pitts, Energy Analytics Institute, 27.Nov.2024) — A plan by US president-elect Donald Trump to impose a 25% tariff on Mexican […]
Pemex Credit Metrics Continue to Weaken, Moody’s Warns
(Pietro D. Pitts, Energy Analytics Institute, 27.Nov.2024) — The credit metrics for state-owned Petróleos Mexicanos or Pemex (B3 negative) continue to weaken, according to Moody’s […]
Sheinbaum Responds to Trump, Comments on Tariff War
(Pietro D. Pitts, Energy Analytics Institute, 26.Nov.2024) — Mexico’s President Claudia Sheinbaum Pardo responded to accusations made by US president-elect Donald Trump about Mexico regarding […]
New Fortress Updates on Financing for $2.7bn
(Energy Analytics Institute, 26.Nov.2024) — New Fortress Energy Inc. completed the first of two steps of its $2.7bn issuance of new senior secured notes due Nov. […]
Mexican Firms Tap AWS Partners for Cloud Transformation
(Energy Analytics Institute, 26.Nov.2024) — Demand for AWS services is growing in Mexico as enterprises in many industries move workloads to the cloud to take […]
Mexico Alters its Laws and Removes Chinese Parts
(AP, 23.Nov.2024) — Mexico has been taking a bashing lately for allegedly serving as a conduit for Chinese parts and products into North America, and […]
LatAm NRG matters: highlights, heard for the week ended 22 Nov. 2024
HOUSTON, TEXAS (Energy Analytics Institute, 22.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 22 Nov. 2024. LATIN AMERICA […]
Golden Minerals Closes Yoquivo Project Divestment
(Energy Analytics Institute, 22.Nov.2024) — Golden Minerals Company closed on the sale of its Yoquivo gold-silver project located in Chihuahua State, Mexico. The buyer, Advance Metals […]
“LatAmNRG matters” podcast: Roberto Salinas León on narco candidates, El Chapo [audio]
MEXICO CITY, MEXICO (Pietro D. Pitts, Energy Analytics Institute, 20.Nov.2024, Words: 148) — Mexico Business Forum head Roberto Salinas León spoke with Pietro D. Pitts—for […]
Sheinbaum Targeting 2.3% Economic Growth for Mexico
(Energy Analytics Institute, 20.Nov.2024) — Mexico’s President Claudia Sheinbaum Pardo said the country’s economy would expand by 2.3%. “We are estimating economic growth of around […]
Sheinbaum Proposes Reforestation Fund at G20 in Rio de Janeiro
(Energy Analytics Institute, 18.Nov.2024) — At the G20 Leaders Summit in Rio de Janeiro, Brazil, Mexico’s President Claudia Sheinbaum proposed establishing a fund to finance the […]
LatAm NRG matters: Mexico launches hydrocarbon sector strategy
HOUSTON, TEXAS (By Energy Analytics Institute, 15.Nov.2024, Words: 329) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 15 Nov. […]
CFE Readies for Tropical Storm Sara
(Energy Analytics Institute, 15.Nov.2024) — The Federal Electricity Commission (CFE) said it has specific plans for emergency response, of which the priority is to establish […]
Mexico to Present Long-term Pemex Plan
(S&P, 14.Nov.2024) — Mexico’s new government is expected Nov. 13 to present its long-term plan for Pemex as it prepares to modify the state oil […]
Woodside’s Trion development cuts first steel for fabrication of FPU
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 14.Nov.2024) — Australian energy giant Woodside Energy announced the start of steel fabrication for the semi-submersible floating […]
Pemex lays out strategic lines for 2024-2030
MEXICO CITY, MEXICO (Pemex, 13.Nov.2024, Words: 833) — During the morning conference “las mañaneras del pueblo”, held by Mexican President Dr. Claudia Sheinbaum Pardo, Petróleos […]
‘Micro-Documentaries’ Sound the Climate Alarm for Global South at COP29
(Rockefeller Foundation, 11.Nov.2024) — As part of Human Development, Children and Youth, Health, and Education Day at the United Nations Climate Change Conference in Baku, […]
LatAm NRG Matters: Highlights, Heard for the Week Ended 8 Nov. 2024
(Energy Analytics Institute, 8.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 8 Nov. 2024. —Argentina: YPF execs. met […]
CFE eyes investments of $23.4bn between 2024-2030
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 6.Nov.2024) — Mexico’s Federal Electricity Commission (CFE) has its eyes set on a historic investment of $23.4bn between […]
Sempra Says ECA LNG Progressing, to Start in Spring 2026
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 6.Nov.2024) — Sempra Infrastructure and its Mexican subsidiary, Infraestructura Energética Nova (IEnova), continue to move forward with […]
Sempra Sees Completion of Rosarito Expansion Pipeline in 4Q:24
(Energy Analytics Institute, 6.Nov.2024) — Sempra Infrastructure said the long-awaited Gasoducto Rosarito Expansion Pipeline (GRO by its Spanish acronym) is expected to reach commercial operations […]
Sempra Reports 3Q:24 Results (PDF Download)
(Sempra, 6.Nov.2024) — Sempra reported third-quarter 2024 earnings, prepared in accordance with generally accepted accounting principles (GAAP), of $638mn, or $1 per diluted share, compared […]
Borr Drilling Reveals 3Q:24 Results
(Borr Drilling, 6.Nov.2024) — Borr Drilling Limited announced unaudited results for the three and nine months ended 30 Sep. 2024. Highlights CEO, Patrick Schorn commented: […]
Commentary: Mexico and Canada Step Up LNG Efforts
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 5.Nov.2024, Words: 750) — It’s another landmark moment for North American energy. That is, after Mexico shipped […]
VinFast and Durango Union Ink MOU on Green Transition
(VinFast, 4.Nov.2024) — VinFast and the Durango Drivers’ Union in Mexico signed a Memorandum of Understanding (MOU) to collaborate on the green transition of public transport, […]
“LatAmNRG matters” podcast: George Baker on Mexico LNG last mile issues [audio]
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 4.Nov.2024, Words: 282) — Baker & Associates head George Baker, who published Mexico Energy Intelligence, spoke with […]
LatAm NRG matters: highlights, heard from Pampa Energia to Ecopetrol and Petrobras
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Nov.2024, Words: 489) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 1 […]
EAI’s NRGBriefs Oct. 2024: GranMorgu, Uchuva gas potential offshore Colombia
HOUSTON, TEXAS (Energy Analytics Institute, 31.Oct.2024) — Energy briefs as well as others related to finance and projects during Oct. 2024 including TotalEnergies and APA […]
Mexico’s Sheinbaum looks to reduce costs at state-owned energy giant Pemex
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 30.Oct.2024) — Mexico’s President Claudia Sheinbaum Pardo said the main plan for state-owned Pemex was to make […]
Pemex Reveals 3Q:24 Results, 1.8 MMb/d Output Goal (PDF Downloads)
(Pemex, 29.Oct.2024) — During the third-quarter 2024 (3Q:24) Petróleos Mexicanos (Pemex) maintained its commitment to provide timely support for operations, employing resources responsibly and efficiently. […]
Pemex’ 3Q:24 production averaged 1.76 MMb/d, while debt falls to $97.3bn
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 29.Oct.2024) — Mexico’s state-owned Pemex reported average liquids and condensate production of 1,764 Mb/d in the third-quarter […]
Constitutional reform to strengthen Pemex and CFE, Sheinbaum says
MEXICO CITY, MEXICO (By Piero Stewart, Energy Analytics Institute, 28.Oct.2024, Words: 185) — Mexico’s constitution reform is very important as it represents returning Pemex and […]
Oil Cargo from Mexico en Route to Cuba Amid Power Crisis, Data Shows
(Reuters, 28.Oct.2024) — A tanker carrying about 400,000 barrels of oil departed from Mexico’s Pajaritos port and was on Monday en route to Cuba, where […]
Lower 48 LNG Exports to Reach 25.7 Bcf/d by Jan. 2030
(Energy Analytics Institute, 28.Oct.2024) — Assuming all the LNG export projects located in the Lower 48 that have taken a final investment decision (FID) and […]
New Fortress Completes 3rd Loading Offshore Altamira
(Energy Analytics Institute, 25.Oct.2024) — New Fortress Energy Inc.’s (NFE) initial Fast LNG unit completed its third cargo loading on 25 Oct. 2024. The cargo […]
LatAm NRG Matters: Highlights, Heard for the Week Ended 25 Oct. 2024
(Energy Analytics Institute, 25.Oct.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 25 Oct. 2024. —Argentina: Oil production reached […]
ONEOK awaiting Saguaro LNG 1 FID to proceed with pipeline project
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 25.Oct.2024, Words: 146) — ONEOK Inc., which is looking to construct the Saguaro Connector Pipeline in Texas, said […]
Borr Drilling Announces Certain Preliminary 3Q:24 Results, Mexican Impacts
(Borr Drilling, 25.Oct.2024) — Borr Drilling Limited announced certain preliminary unaudited results for the quarter ended 30 Sep. 2024. For the three months ended 30 […]
Golden Minerals Inks Binding Deal to Divest Yoquivo Gold-Silver Project
(Golden Minerals, 25.Oct.2024) — Golden Minerals Company signed a binding agreement to sell its Yoquivo gold-silver project (located in Chihuahua State, Mexico) to Advance Metals […]
Mexico Pacific working with financial advisors for financing for Saguaro LNG, executive says
HOUSTON, TEXAS (Fidencio Casillas and Pietro D. Pitts, Energy Analytics Institute, 24.Oct.2024) — Mexico Pacific, which is developing the 30 million tonnes per annum (MTPA) […]
With Sweeping Blackouts in Cuba Why Has the Island’s Solar Buildout Been so Slow?
(AP, 23.Oct.2024) — Cuba’s large-scale blackouts that left 10 million people without power this month may not have happened if the government had built out […]
Pemex Looks to Boost Reserves During Sheinbaum Presidency
(Reuters, 23.Oct.2024) — Mexican state oil company Pemex aims to increase its hydrocarbon reserves and ensure their restitution during the government of new President Claudia […]