(AP, 2.Oct.2024) — Mexico’s new President Claudia Sheinbaum started her day Wednesday much like her political mentor, ex-President Andrés Manuel López Obrador, began most of his: with an early morning...
(Reuters, 27.Sep.2024) — Crude output by Pemex fell in August as Mexico's national oil company failed to reduce fuel imports in line with company targets, while overall falling well short...
(Bloomberg, 18.Sep.2024) — Alejandra Chedraui was once part of Mexico City’s smart set, her wedding photos and family portraits appearing regularly in local newspapers’ society pages. Last week, she became a...
(Energy Analytics Institute, 26.Aug.2024) — Mexico's President Andrés Manuel López Obrador said that the reality is that the economic integration between Mexico, U.S. and Canada was is so important that...
(S&P, 16.Jul.2024) — Given the large amount of unconventional hydrocarbon resources found in Mexico and how much fracking technology has advanced, the country cannot afford to neglect their exploitation without a...
(AP, 3.Jun.2024) — Mexico’s projected presidential winner Claudia Sheinbaum will become the first female president in the country’s 200-year history. Sheinbaum, the favored successor of outgoing President Andrés Manuel López Obrador, vowed to...
(AP, 3.Jun.2024) — Claudia Sheinbaum, who will be Mexico’s first woman leader in the nation’s more than 200 years of independence, captured the presidency by promising continuity. The 61-year-old former Mexico City mayor and lifelong...
(AP, 22.May.2024) — As she runs to replace outgoing President Andrés Manuel López Obrador, Claudia Sheinbaum is struggling to construct her own image, leaving many wondering whether she can escape the...
(Reuters, 17.May.2024) — Mexican state energy company Pemex started sending 16,300 barrels per day (bpd) of crude oil to its new Olmeca refinery this week, less than 5% of its total capacity, internal...
(S&P, 15.May.2024) — There is still a lot of private and international interest in developing the oil and natural gas resources in Mexico despite the shift towards state control by...
(S&P Global Ratings, 15.Apr.2024) — Mexico's relationship with state-owned oil giant Pemex will remain a fiscal challenge for the country's next presidential administration, said S&P Global Ratings in "Pemex Will...
(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...
(Reuters, 3.Jun.2022) — The Mexican government is close to reaching a deal with U.S.-based Talos Energy over the future of a potentially lucrative shared crude discovery, the president said on...
(Reuters, 1.May.2022) — Mexico's biggest opposition party on Sunday proposed installing solar panels for free onto residential housing, staking out its renewable energy credentials as it seeks to challenge the...
(Forbes, 28.Apr.2022) — An ambitious effort to definitely steer Mexico back to a statist energy future was narrowly defeated this last week, leaving its energy sector still officially open to...
(The Guardian, 10.Apr.2022) — Nine in 10 Mexicans voting in an unprecedented recall election engineered by President Andrés Manuel López Obrador have backed him to stay in office, underlining his...
(Reuters, 28.Oct.2021) — Higher tax payments and foreign exchange losses pushed Mexico's Petroleos Mexicanos back into the red in the third quarter, even as crude production recovered somewhat, the state...
(Reuters, 5.Oct.2020) — Mexico's government and business leaders on Monday presented a series of planned investments worth over 297 billion pesos ($13.83 billion) which President Andres Manuel Lopez Obrador hopes...
(Reuters, 11.Aug.2020) — Mexico's president has given officials until late September to craft a plan to reassert state control over the energy industry as an alternative to constitutional change to...
(Reuters, 24.Jul.2020) — Mexico has asked top Wall Street banks to submit quotes for its giant oil hedging program, sources familiar with the matter said on Friday, while trading in...
(Reuters, 15.Jun.2020) — Mexican President Andres Manuel Lopez Obrador said on Monday his country would, for “humanitarian” reasons, sell gasoline to Venezuela if asked to do so, despite a raft...
(Reuters, 5.Jun.2020) — OPEC and its allies led by Russia will meet on Saturday to discuss extending record oil production cuts and to push laggards such as Iraq and Nigeria...
(Argus, 22.May.2020) — Mexico will remain within the Opec + group but has no plans for further production cuts, the energy ministry told Argus today. "Mexico will participate in the...
(Reuters,30.Apr.2020) — Mexican state oil company Pemex on Thursday said it had posted a $23.6 billion (562.13 billion peso) loss in the first quarter due to falling crude prices as...
(Reuters, 27.Apr.2020) — Mexico’s state oil firm Pemex on Monday detailed measures aimed at mitigating the effects of a steep drop in oil prices, saying it would prioritize lower-cost production...
(Reuters, 26.Apr.2020) — Mexico has begun removing staff from Gulf of Mexico oil platforms to limit the spread of the coronavirus, leaving essential personnel on board, state oil firm Petroleos...
(Oilprice.com, 25.Apr.2020) — Mexico has somewhat inadvertently found itself at the heart of the oil industry’s most burning issues of 2020 – just when it seemed that Russia, Saudi Arabia,...
(Reuters, 23.Apr.2020) — Mexican state oil company Pemex has declared force majeure over fuel imports from its trading arm PMI Comercio Internacional, two sources with knowledge of the decision said...
(Bloomberg, 23.Apr.2020) — Mexico, the largest recipient of U.S. gasoline exports, is seeking to cancel imports of the fuel from at least one U.S. company amid the rippling effects of...
(S&P Global Platts, 22.Apr.2020) — Mexico announced a Peso 622.56 billion ($25.5 billion) package on Wednesday that will help the nation face the economic consequences of the coronavirus pandemic, with...
(Reuters, 16.Apr.2020) — The head of Mexico's powerful oil regulator said state oil firm Pemex could seek new joint venture partnerships soon, despite President Andres Manuel Lopez Obrador's decision to...
(Bloomberg, 10.Apr.2020) — One of the most dramatic global oil production agreements in history has been left hanging on the approval of an unlikely character: Mexican President Andres Manuel Lopez...
(GlobalData, 10.Apr.2020) — Following today’s news (Friday 10 April) that the OPEC+ agreement, which will cut production by ten million barrels, is contingent on Mexico’s consent to also cutting production;...
(Oilprice.com, 11.Mar.2020) — Petroleos Mexicanos has been in an unrelenting downward spiral for decades. Pemex, Mexico’s state-owned oil company, has seen a vast and speedy decline of its production rates...
(Reuters, 9.Mar.2020) — The United States, the European Union, Canada and six European nations have held joint talks on concerns over Mexico’s energy policy, sources told Reuters, as President Andres...
(Reuters, 9.Mar.2020) — A crash in crude prices has intensified pressure on the finances of Mexican state oil firm Petroleos Mexicanos (Pemex), which is facing the threat of a ratings...
(Reuters, 5.Mar.2020) — Mexico's President Andres Manuel Lopez Obrador said on Thursday the country's new energy plan could be ready within 10 days, and the government was analysing proposals by...
(Reuters, 19.Feb.2020) — Mexican law enforcement authorities are investigating a former president, Enrique Pena Nieto, as part of an inquiry into corruption, the Wall Street Journal reported on Wednesday. Pena...
(Energy Analytics Institute, Jared Yamin, 15.Jan.2020) — Executives from foreign companies are having a hard time convincing their parent companies to continue dedicating investments to activities in Mexico, according to...
(Chron.com, 7.Jan.2020) — Talos Energy touted promising new study results in Mexico's first big deepwater oil discovery, and the Houston producer is pushing to move forward so it can maintain...
(Reuters, 3.Jan.2020) — Mexico threw troubled state oil company Pemex a lifeline in 2019 to stop $80 billion in bonds held by investors worldwide being labeled junk by credit rating...
(Argus, 30.Dec.2019) — Mexican President Andres Manuel Lopez Obrador's pledges to put state-owned Pemex back at the center of policy have worried investors who had banked on joint public-private opportunities....
(Argus, 30.Dec.2019) — Mexico's oxygenates sector — long dominated by methyl tertiary butyl ether (MTBE) — could face market pressures to move toward ethanol as an octane enhancer for gasoline...
(S&P Global Platts, 10.Dec.2019) — Pemex's largest hydrocarbon reserve discovery in 30 years is boosting the Mexican government's confidence that the troubled state-run enterprise can reverse a more than decade-long...
(Pemex, 6.Dec.2019) — The President of Mexico, Andrés Manuel López Obrador, accompanied by the General Director of Petroleos Mexicanos (Pemex), Octavio Romero Oropeza, toured the Quesqui oil field, which according...
(NYT, Elisabeth Malkin, 1.Dec.2019) — One year into his term, President Andrés Manuel López Obrador faces a stagnant economy and spiraling violence, but Mexicans still place their hopes in him....
(Bloomberg, Amy Stillman, Peter Millard and Justin Villamil, 26.Nov.2019) — Companies that help keep Mexico’s faltering oil wells operating are waiting months to get paid and the debts are building...
(Chron.com, Sergio Chapa, 25.Nov.2019) — American oil companies operating south of the border are stepping up their cybersecurity measures after reports of a ransomware attack that allegedly knocked out computers...
(Project Syndicate, Mauricio Cárdenas, 5.Nov.2019) — Some regard Latin America as the world’s new oil frontier, and think that the region could potentially add three million barrels per day to...
(Aljazeera, 9 Sept 2019) — Mexico's government cautiously freed up funds for spending in its 2020 budget proposal on Sunday, slightly loosening a primary surplus target as it aimed to...
(OPIS, 28.Aug.2019) — OPIS (Oil Price Information Service) by IHS Markit has opened registration for the third annual OPIS Mexico Fuel Week, October 21-24, 2019. The event will be held...
(Reuters, 27.Aug.2019) — Mexico said on Tuesday a deal had been struck with a group of companies to renegotiate the terms of natural gas pipeline contracts signed under the previous...
(Chron.com, Emily Pickrell, 22.Aug.2019) — Mannti Cummins, a Corpus Christi wind developer, has spent the last 17 years building wind energy projects in the Rio Grande Valley, from Brownsville to...
(Reuters, 16.Aug.2019) — Mexican President Andres Manuel Lopez Obrador said on Friday that his government would keep investing in state oil company Pemex, which is on the verge of losing...
(Petroleum Economist, Charles Waine, 2.Aug.2019) — Mexico's Comisión Federal de Electridad (CFE), the state-owned electricity utility, has started legal proceedings against seven natural gas pipelines. The move intensifies fears about...
(Bloomberg, Peter Millard and Amy Stillman, 9.Jul.2019) — Mexico’s moratorium on auctioning off its oil riches to foreign producers is giving a leg up to nearby rivals Brazil and Guyana....
(Reuters, Rebekah Ward, 25.Jun.2019) — Mexico’s oil regulator on Tuesday approved a $97 million plan for drilling in an offshore area operated by British supermajor BP in the southern Gulf...
(Energy Analytics Institute, Aaron Simonsky and Ian Silverman, 25.Jun.2019) — Heard on the street related to the Latin America and Caribbean upstream, midstream, downstream and renewable energies sectors. ARGENTINA --...
(Oilprice.com, Tsvetana Paraskova, 22.Jun.2019) — Mexican President Andrés Manuel López Obrador has been a vocal critic of the energy reform of his predecessor Enrique Peña Nieto, who opened in 2013...
(Reuters, 13.Jun.2019) — Mexico’s oil regulator announced on Thursday the cancellation of October auctions to pick joint-venture partners in seven onshore areas for state oil company Pemex, which is struggling...
(Energy Analytics Institute, Jared Yamin, 2.Jun.2019) — Mexico initiated construction activities related to the Dos Bocas Refinery, the country’s President Andrés Manuel López Obrador President announced via a social media...
(New York Times, Kirk Semple and Azam Ahmed, 28.May.2019) — The administration of President Andrés Manuel López Obrador of Mexico has launched its first major anticorruption prosecution, delivering on a...
(WoodMac, 15.May.2019) — The two dominant players in Latin American oil and gas – Petrobras and Pemex – should face negative net gasoline balance for decades to come. This makes...
(Reuters, Stefanie Eschenbacher and David Alire Garcia, 14.May.2019) — Mexican President Andres Manuel Lopez Obrador took office in December vowing to revive state-owned energy company Pemex and put the brakes...
(Reuters, 12.May.2019) — Unidentified gunmen shot dead a trade union leader in Mexico’s central city of Salamanca, authorities said on Sunday, the latest outbreak of violence in an area plagued...
(Energy Analytics Institute, Jared Yamin and Ian Silverman, 9.May.2019) — Heard on the street and LatAmNRG briefs related to the Sener and Pemex moving forward with the Dos Bocas Refinery...
(Ft.com, Jude Webber, 9.May.2019) — Andrés Manuel López Obrador, Mexico's president, has stepped up his commitment to an $8bn refinery project, rejecting three private sector bids as too costly and...
(Energy Analytics Institute, Jared Yamin, 27.Apr.2019) — Heard on the street and LatAmNRG briefs related to Mexico reviewing Odebrecht contracts, FMP transferring 115 billion pesos to Federal Treasury and Mexico’s...
(Energy Analytics Institute, Jared Yamin, 22.Apr.2019) — The illegal theft of combustible in Mexico is down 98% since November, announced Pemex General Director Octavio Romero Oropeza on 22 April 2019...
(NYT, Elisabeth Malkin, 11.Apr.2019) — President Andrés Manuel López Obrador envisions a future in which Mexico produces more oil, gasoline and electricity. But his strategy to get there relies on...
(Reuters, 9.Apr.2019) — Mexico's President Andres Manuel Lopez Obrador said on Tuesday he would consider creating a chain of government gas stations if existing fuel outlets did not charge "fair...
(Oilprice.com, Tsvetana Paraskova, 9.Apr.2019) — The Mexican government may consider creating a small network of gas stations that would sell gasoline at lower, “fair prices”, if gas station operators in...
(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...
(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...
(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...
