(Reuters, 21.Mar.2019) — BASF’s oil and gas subsidiary Wintershall on Thursday said it would build up its presence in the Brazilian offshore oil sector this year where it won exploration...
(Sungrow, 20.Mar.2019) — Sungrow Power Supply Co., Ltd, an inverter solutions supplier for renewables, introduced its PV product portfolio at Solar Power Mexico, strengthening its commitment to solar energy in...
(Reuters, 18.Mar.2019) — The Mexican government will invite four companies to bid in a restricted tender to build the new Dos Bocas refinery for state oil company Pemex, Energy Minister...
(Reuters, 18.Mar.2019) — The chief executive of Mexican state oil company Pemex on Monday questioned credit agency downgrades to the firm’s debt, saying the same agencies had not acted when...
(Energy Analytics Institute, Jared Yamin, 18.Mar.2019) — Pemex Director Octavio Romero Oropeza announced that the company will target average crude oil production of 2.480 million barrels per day (MMb/d) in...
(Reuters, David Alire Garcia, 18.Mar.2019) — Mexico’s national oil company Pemex plans to triple the number of wells it will drill this year, the company’s chief executive said on Monday,...
(Reuters, Ana Isabel Martinez, David Alire Garcia, 18.Mar.2019) — Mexico invited a host of international firms, including three U.S. companies, to bid on the construction of an $8 billion oil...
(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) — OPEC announced publication of its Monthly Oil Market Report (MOMR) as of 14 March 2019 with details on producers in Latin America and...
(Braskem, 13.Mar.2019) — Braskem S.A. announced its results for 4Q18 and 2018. HIGHLIGHTS: Braskem - Consolidated: -- The company posted free cash flow of R$7,068 million, or 187% more than...
(Bloomberg, Nacha Cattan, 7.Mar.2019) — Mexican President Andrés Manuel López Obrador, or AMLO as he’s known, is doing spectacularly well with voters 100 days into his term. The latest survey...
(JWN, Jim Bentein, 5.Mar.2019) — Mexico’s productivity and economic growth are at risk due to a reduced supply of natural gas for industry, a business leader warns. Juan Pablo Castañón,...
(Oilprice.com, Tsvetana Paraskova, 5.Mar.2019) — Mexico will continue to need U.S. natural gas imports over the next decade, despite efforts by the new Mexican government to reduce dependence on American...
(Reuters, 28.Feb.2019) — Mexican state oil company Pemex said on Wednesday its losses narrowed in 2018, helped by currency exchange gains as crude production and refining rates continued to decline....
(KBR, 28.Feb.2019) — KBR, Inc. has been awarded a pre Front End Engineering Design (Pre-FEED) contract by Mexico Pacific Limited (MPL) for a midscale LNG liquefaction project in Puerto Libertad...
(Energy Analytics Institute, Jared Yamin, 25.Feb.2019) — McDermott International, Inc. reported revenues of $2.1 billion and net loss of $(2.8) billion, or $(15.33) per diluted share, for the fourth quarter...
(Reuters, 23.Feb.2019) — Mexico’s Pemex produced 1.62 million barrels of crude per day in January, less than any month in almost three decades, the state-owned oil company said on Friday,...
(Energy Analytics Institute, Aaron Simonsky and Ian Silverman, 23.Feb.2019) — Argentina, Bolivia and Chile hold the largest lithium resources in the world and consequently in the Latin America and Caribbean...
(Bloomberg, Amy Stillman, 21.Feb.2019) — Mexico President Andres Manuel Lopez Obrador is freezing new joint-venture contracts with Petroleos Mexicanos, squashing investors’ final hopes that the Mexico energy reforms can be...
(Oilprice.com, By Tsvetana Paraskova, 15.Feb.2019) — Mexico will support Pemex by injecting US$3.6 billion into the debt-laden state-held oil firm, including by refinancing debt and cutting taxes, Mexican officials said...
(Canadian Solar, 14.Feb.2019) — Canadian Solar Inc. announced that its first solar power project of 68 MWp in Mexico started commercial operations in January 2019. The solar plant, located in...
(Vista Oil & Gas, 13.Feb.2019) — Vista Oil & Gas, S.A.B. de C.V., the first oil and gas exploration and production company listed on the Mexican Stock Exchange, completed the...
(Energy Analytics Institute, Jared Yamin, 12.Feb.2019) — Heard on the street and LatAmNRG briefs on Mexico reporting an increase in 3P natural gas reserves, CFE’s plans to modernize 60 thermoelectric...
(Reuters, 12.Feb.2019) — Mexican President Andres Manuel Lopez Obrador said on Tuesday he will respect contracts that companies have with state-run power utility CFE for pipelines that are not operational...
(Wall Street Journal, Anthony Harrup, 11.Feb.2019) — President Andrés Manuel López Obrador said the Mexican government wants to revise natural-gas pipeline contracts with private companies under which the state-owned electric...
(IEnova, 11.Feb.2019) — Infraestructura Energética Nova (IEnova) clarifies the following regarding its natural gas pipelines in Mexico. IEnova is a Mexican company that has operated in the market for 22...
(AFP, 8.Feb.2019) — Mexican President Andres Manuel Lopez Obrador said Friday he would soon announce a rescue plan for troubled state oil company Pemex, suggesting it would be worth around...
(Hunt Oil, 2.Feb.2019) — Hunt Oil Company of Peru L.L.C., Sucursal del Perú (HOCP) is part of the Camisea Consortium and holds a 25.2% interest in the License Contracts related...
(Weatherford, 1.Feb.2019) — Weatherford International plc released operational highlights from the Western Hemisphere during the quarter, including highlights on Colombia and Mexico. -- A major operator in Colombia awarded Weatherford...
(LatinFinance, 31.Jan.2019) — LatinFinance unveiled its 2018 Deals of the Year Awards in New York on Thursday, at an exclusive awards dinner recognizing stand-out transactions and institutions in the capital...
(Reuters, 28.Jan.2019) — Mexico is not considering importing any more crude oil after it imported from the United States at the end of last year, Energy Secretary Rocio Nahle told...
(Oilprice.com, Tsvetana Paraskova, 24.Jan.2019) — Five years after former president Enrique Peña Nieto ended Pemex’s monopoly and opened Mexico’s oil industry to private foreign investment, the new administration is betting...
(McDermott, 24.Jan.2019) — McDermott International, Inc. announced today a significant contract award by BP Trinidad & Tobago, LLC (bpTT) for the engineering, procurement and construction (EPC) of the Cassia Compression...
(Talos Energy, 23.Jan.2019) — Talos Energy Inc. provided an update on the Zama appraisal in Block 7 offshore Mexico. Talos is the operator of Block 7 in a consortium with...
(Reuters, 20.Jan.2019) — Mexico’s state oil firm, Pemex, did not close the valve at a leaking gasoline pipeline when first notified because it was not initially thought to be an...
(Bloomberg, Pablo Rosendo Gonzalez, 17.Jan.2019) — Latina Offshore Ltd., which missed a debt payment this month, is working along with one of the consortia invited by Petroleos Mexicanos to submit...
(Reuters, 17.Jan.2019) — Traders of refined petroleum products said on Jan. 16 that pipeline system problems in Mexico may explain the third straight record increase in U.S. Gulf Coast gasoline...
(Mexico Pacific, 17.Jan.2019) — Mexico Pacific Limited, LLC, the owner and developer of a liquefied natural gas (LNG) project on the Gulf of California in Mexico, announced today that Sarah...
(Kessler Topaz, 17.Jan.2019) — The law firm of Kessler Topaz Meltzer & Check, LLP alerts investors that a securities fraud class action lawsuit has been filed against Tenaris S.A. on...
[caption id="attachment_6297" align="alignnone" width="1024"] Source: La Jornada[/caption] (Energy Analytics Institute, Jared Yamin, 16.Jan.2019) — Heard on the street and LatAmNRG briefs on Mexican petroleum sector backs AMLO actions against fuel...
(Talos Energy, 16.Jan.2019) — Talos Energy Inc. announced full year 2019 operating and financial guidance (2019 Plan) and provided an update on recent events and well results. 2019 Plan Objectives...
(Energy Analytics Institute, Jared Yamin, 16.Jan.2019) — Pemex announced an over-pressure issue at the Hydros #1 plant located inside the “Ing. Antonio Dovalí Jaime Refinery,” has been controlled, the state...
(Reuters, 15.Jan.2019) — Mexican President Andres Manuel Lopez Obrador said on Tuesday that widespread fuel theft extended to oil drilling platforms and he pledged to take actions to alleviate shortages...
(Pemex 10.Jan.2019) — Petróleos Mexicanos continues to make progress in its efforts to normalize fuel supply. The new strategy set in motion by the Mexican Government to end “huachicoleo” (the...
(Pemex 9.Jan.2019) — The Mexican Government, through Petróleos Mexicanos, calls for the public to avoid panic shopping, as this could generate a fuel shortage. Once more, it reminds the public...
(Pemex 9.Jan.2019) — Jointly with the Secretariat of Finance and Public Credit (initials in Spanish: SHCP), the Corporate Financial Office of Petróleos Mexicanos is currently on a two-day working tour...
(Oilprice.com, Irina Slav, 7.Jan.2019) — Mexican drivers in several states are struggling to fill their tanks as the new government fights massive fuel theft by seeking to move more gasoline...
(Reuters, 7.Jan.2019) — Mexican President Andres Manuel Lopez Obrador said on Monday that his crackdown against fuel theft was yielding positive results, even as the intervention sparked severe fuel shortages...
(Energy Analytics Institute, Jared Yamin, 6.Jan.2019) — By mandate of the Mexican Government, Pemex is advancing in the reestablishment of the supply of fuel in affected states, the state oil...
(Pemex, 6.Jan.2019) — By mandate of the Mexican Government, Pemex has made significant progress in restoring fuel distribution, using various alternative supply lines in the affected states. Although there have...
(Energy Analytics Institute, Jared Yamin, 5.Jan.2019) — In Guanajuato, the capital city of Guanajuato state, an estimated nine-out of a total of 14-gas stations reportedly don’t have fuel to supply...
(Pemex, 5.Jan.2019) — Petróleos Mexicanos reports that safer transportation methods are being used as part of the Joint Plan of the Mexican Government to combat fuel theft, which has caused...
(Energy Analytics Institute, Ian Silverman and Piero Stewart, 4.Jan.2019) — Heard on the street and LatAmNRG briefs on Bolivia seeking natural gas deal with Peru, YPFB and Camacari inking deal...
(Energy Analytics Institute, Jared Yamin, 3.Jan.2019) — The Mexican Association of Gasoline Businessmen (Amegas by its Spanish acronym) confirmed the shortage of gasoline in various regions of Mexico, which could...
(Wolf Street, Don Quijones, 1.Jan.2019) — “We’re not just talking about the theft of oil, but about a plan involving government insiders and a complex distribution system. It’s not easy...
(Energy Analytics Institute, Aaron Simonsky, Piero Stewart, and Jared Yamin, 31.Dec.2018) — Heard on the street and LatAmNRG briefs on complaints from oil executives in Argentina over constant changes at...
(Forbes, Jude Clemente, 30.Dec.2018) — Mexico’s new President Andrés Manuel López Obrador(AMLO) took office on December 1 and will serve one six-year term. It was the largest landslide in Mexico’s...
(AP, 30.Dec.2018) — The theft of US$3 billion in fuel every year from Mexico’s state-run fuel depots and pipelines is an inside job, the country’s new president said Thursday. President...
(Energy Analytics Institute, Jared Yamin, 31.Dec.2018) — Petróleos Mexicanos conducted maintenance at the Poza Rica Gas Processing Complex (CPG) from Dec. 29 to 31, the company announced in an official...
(ARPEL, 27.Dec.2018) — During October and November, various training courses on ARPEL Oil Spill Response Planning and Readiness Assessment Manual and the tool RETOS® (Readiness Evaluation/Excel Tool for Oil Spills)...
(Energy Analytics Institute, Jared Yamin, 22.Dec.2018) — Clandestine pipeline connections between January and October of 2018 rose 45% to 12,581 compared to 8,664 in the same period last year, and...
(Energy Analytics Institute, Jared Yamin, 20.Dec.2018) — ExxonMobil was named 2018 Large Cap Company of the Year and Explorer of the Year by the World Oil and Gas Council in...
(Energy Analytics Institute, Jared Yamin, 20.Dec.2018) — Irving, Texas-based ExxonMobil announced a recap of some of its most important activities during the year in the Latin America and Caribbean region,...
(AP, 19.Dec.2018) — Mexican President Andres Manuel Lopez Obrador detailed plans Saturday to “rescue” the national oil industry by boosting crude production at the state-owned oil company by 45 per...
(Atlas, 19.Dec.2018) — Atlas Renewable Energy has won one of the Bonds & Loans Latin America Awards 2019, in the category of Structured Bond Deal of the Year. Following more...
(NGI, Christopher Lenton, 17.Dec.2018) — Though hydraulic fracturing (fracking) has transformed the energy sector in the United States, only Argentina in Latin America has followed its lead in commercially developing...
(Bloomberg, Mohammed Sergie and Anthony Dipaola, 16.Dec.2018) — Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as the Arab country signs another global...
(Eni, 16.Dec.2018) — His Excellency Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President & CEO of Qatar Petroleum, and Claudio Descalzi, Chief Executive Officer of Eni, signed...
(Energy Analytics Institute, Jared Yamin, Ian Silverman and Aaron Simonsky, 16.Dec.2018) — Heard on the street and other LatAmNRG briefs from Chile on its $515 million Energy Access Fund, Mexico’s...
(Energy Analytics Institute, Jared Yamin, 15.Dec.2018) — With the intervention of the Mexican government the most important company in the country will be rescued so that it becomes, once again,...
[caption id="attachment_5666" align="alignnone" width="2850"] Petróleos Mexicanos General Director Ing. Octavio Romero Oropeza. Source: Pemex[/caption] (Pemex, 15.Dec.2018) — The general director of Petróleos Mexicanos, Eng. Octavio Romero Oropeza, affirmed that with...
(Canadian Solar Inc., 14.Dec.2018) — Canadian Solar Inc. achieved financial close on a $69 million non-recourse project financing for the 67.8 MWp Aguascalientes solar power project in Mexico. Arranged by...
(Houston Chronicle, Sergio Chapa, 12.Dec.2018) — The Mexican government has cancelled bidding on two auctions that would have allowed hydraulic fracturing in the border state of Tamaulipas and brought more...
(Reuters, Alexandre Meneghini, 10.Dec.2018) — Mexico’s new government detailed plans Sunday to build an $8 billion oil refinery in the home state of President Andres Manuel Lopez Obrador and to...
(Pemex, 9.Dec.2018) — The President of Mexico, Andrés Manuel López Obrador, announced the National Refining Plan, which includes the rehabilitation of six refineries owned by Pemex and the construction of...
(Energy Analytics Institute, Jared Yamin, 12.Dec.2018) — Mexico’s President Andrés Manuel López Obrador presented the country’s National Refining Plan, which includes rehabilitation of six Pemex refineries, and construction of another...