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Tag: AMLO

Mexico Closer to Striking a Deal over Major Offshore Oil Find
Latin America and Caribbean Mexico

Mexico Closer to Striking a Deal over Major Offshore Oil Find

ENERGY ANALYTICS INSTITUTE (EAI)3 June 202217 June 2022
(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...
Mexico Opposition Party Pitches Free Solar Panels for Housing
Latin America and Caribbean Mexico

Mexico Opposition Party Pitches Free Solar Panels for Housing

ENERGY ANALYTICS INSTITUTE (EAI)1 May 20222 May 2022
(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...
Back to Mexico’s Statist Energy Future
Latin America and Caribbean Mexico

Back to Mexico’s Statist Energy Future

ENERGY ANALYTICS INSTITUTE (EAI)28 April 20221 May 2022
(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...
Mexico President López Obrador Wins Recall Referendum
Latin America and Caribbean Mexico

Mexico President López Obrador Wins Recall Referendum

ENERGY ANALYTICS INSTITUTE (EAI)10 April 202211 April 2022
(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...
Pemex Back In Red Despite Oil Production Uptick
Latin America and Caribbean Mexico

Pemex Back In Red Despite Oil Production Uptick

ENERGY ANALYTICS INSTITUTE (EAI)28 October 202128 October 2021
(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...
Mexico Unveils Investment Plan Worth Nearly $14 bln
Latin America and Caribbean Mexico

Mexico Unveils Investment Plan Worth Nearly $14 bln

ENERGY ANALYTICS INSTITUTE (EAI)5 October 20205 October 2020
(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...
Mexico’s Lopez Wants Plan To Execute Energy Vision
Latin America and Caribbean Mexico

Mexico’s Lopez Wants Plan To Execute Energy Vision

ENERGY ANALYTICS INSTITUTE (EAI)11 August 202012 August 2020
(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...
Mexico To Launch World’s Largest Oil Hedge – Sources
Latin America and Caribbean Mexico

Mexico To Launch World’s Largest Oil Hedge – Sources

ENERGY ANALYTICS INSTITUTE (EAI)24 July 202028 July 2020
(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...
Mexico’s Lopez Says He’d Sell Fuel To Venezuela
Latin America and Caribbean Mexico

Mexico’s Lopez Says He’d Sell Fuel To Venezuela

ENERGY ANALYTICS INSTITUTE (EAI)15 June 202022 June 2020
(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...
OPEC+ To Meet Saturday On Extending Cuts
Africa Latin America and Caribbean North America USA Venezuela

OPEC+ To Meet Saturday On Extending Cuts

ENERGY ANALYTICS INSTITUTE (EAI)5 June 20205 June 2020
(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...
Mexico To Remain In Opec+, No Output Cuts Planned
Latin America and Caribbean Mexico

Mexico To Remain In Opec+, No Output Cuts Planned

ENERGY ANALYTICS INSTITUTE (EAI)22 May 202022 May 2020
(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...
Pemex Posts Massive $23.6bn 1Q:20 Loss
Latin America and Caribbean Mexico

Pemex Posts Massive $23.6bn 1Q:20 Loss

ENERGY ANALYTICS INSTITUTE (EAI)30 April 20203 May 2020
(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...
Pemex To Prioritize Lower-cost Production
Latin America and Caribbean Mexico

Pemex To Prioritize Lower-cost Production

ENERGY ANALYTICS INSTITUTE (EAI)27 April 20203 May 2020
(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...
Mexican Oil Platforms Cut Staff Over Coronavirus
Latin America and Caribbean Mexico

Mexican Oil Platforms Cut Staff Over Coronavirus

ENERGY ANALYTICS INSTITUTE (EAI)26 April 202030 April 2020
(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...
Why Mexico’s Oil Industry Is Destined For Disaster
Latin America and Caribbean Mexico

Why Mexico’s Oil Industry Is Destined For Disaster

ENERGY ANALYTICS INSTITUTE (EAI)25 April 202025 April 2020
(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,...
Pemex Declares Force Majeure On Fuel Imports
Latin America and Caribbean Mexico

Pemex Declares Force Majeure On Fuel Imports

ENERGY ANALYTICS INSTITUTE (EAI)23 April 202030 April 2020
(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...
Pemex’s Trading Arm Declares Force Majeure
Latin America and Caribbean Mexico

Pemex’s Trading Arm Declares Force Majeure

ENERGY ANALYTICS INSTITUTE (EAI)23 April 202030 April 2020
(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...
Mexico Announces Emergency $25.5bn Package
Latin America and Caribbean Mexico

Mexico Announces Emergency $25.5bn Package

ENERGY ANALYTICS INSTITUTE (EAI)22 April 202030 April 2020
(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...
Mexico’s New Oil Regulator Says Pemex JVs Likely
Latin America and Caribbean Mexico

Mexico’s New Oil Regulator Says Pemex JVs Likely

ENERGY ANALYTICS INSTITUTE (EAI)16 April 202021 April 2020
(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...
The Unexpected Holdout To A Global Oil Production Deal
Latin America and Caribbean Mexico

The Unexpected Holdout To A Global Oil Production Deal

ENERGY ANALYTICS INSTITUTE (EAI)10 April 202012 April 2020
(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...
Pemex Not In Position To Maintain Output
Latin America and Caribbean Mexico

Pemex Not In Position To Maintain Output

ENERGY ANALYTICS INSTITUTE (EAI)10 April 202025 April 2020
(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;...
Mexico’s Oil Hedge Just Saved Its Economy
Latin America and Caribbean Mexico

Mexico’s Oil Hedge Just Saved Its Economy

ENERGY ANALYTICS INSTITUTE (EAI)11 March 202022 March 2020
(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...
Nations Meet To Discuss Mexico Energy Concerns
Latin America and Caribbean Mexico

Nations Meet To Discuss Mexico Energy Concerns

ENERGY ANALYTICS INSTITUTE (EAI)9 March 202010 March 2020
(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...
Oil Price Plunge Ramps Up Pressure On Pemex
Latin America and Caribbean Mexico

Oil Price Plunge Ramps Up Pressure On Pemex

ENERGY ANALYTICS INSTITUTE (EAI)9 March 202014 May 2020
(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...
AMLO Says New Energy Plan Could Be Ready In March
Latin America and Caribbean Mexico

AMLO Says New Energy Plan Could Be Ready In March

ENERGY ANALYTICS INSTITUTE (EAI)5 March 20208 March 2020
(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...
Pena Nieto Investigated In Corruption Probe
Latin America and Caribbean Mexico

Pena Nieto Investigated In Corruption Probe

ENERGY ANALYTICS INSTITUTE (EAI)19 February 202020 February 2020
(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...
Global Companies Want More Certainty In Mexico
Latin America and Caribbean Mexico

Global Companies Want More Certainty In Mexico

ENERGY ANALYTICS INSTITUTE (EAI)15 January 202018 January 2020
(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...
Talos Energy Touts Zama Study Results
Latin America and Caribbean Mexico

Talos Energy Touts Zama Study Results

ENERGY ANALYTICS INSTITUTE (EAI)7 January 20208 January 2020
(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...
Mexico And Pemex Face Downgrade Risk In 2020
Latin America and Caribbean Mexico

Mexico And Pemex Face Downgrade Risk In 2020

ENERGY ANALYTICS INSTITUTE (EAI)3 January 20205 January 2020
(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...
Pemex Closes Year Of Missed Targets
Latin America and Caribbean Mexico

Pemex Closes Year Of Missed Targets

ENERGY ANALYTICS INSTITUTE (EAI)30 December 20194 January 2020
(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....
MTBE, Ethanol Face Off In Mexico
Latin America and Caribbean Mexico

MTBE, Ethanol Face Off In Mexico

ENERGY ANALYTICS INSTITUTE (EAI)30 December 20194 January 2020
(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...
Pemex Reserve Discovery Boosts Mexico’s Oil Ambitions
Latin America and Caribbean Mexico

Pemex Reserve Discovery Boosts Mexico’s Oil Ambitions

ENERGY ANALYTICS INSTITUTE (EAI)10 December 201910 December 2019
(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 Finds Giant Oil Field In Quesqui
Latin America and Caribbean Mexico

Pemex Finds Giant Oil Field In Quesqui

ENERGY ANALYTICS INSTITUTE (EAI)6 December 201914 December 2019
(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...
As Troubles Grow, Mexicans Keep the Faith With AMLO
Latin America and Caribbean Mexico

As Troubles Grow, Mexicans Keep the Faith With AMLO

ENERGY ANALYTICS INSTITUTE (EAI)1 December 20191 December 2019
(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....
Unpaid Bills Add To Pemex Woes
Latin America and Caribbean Mexico

Unpaid Bills Add To Pemex Woes

ENERGY ANALYTICS INSTITUTE (EAI)26 November 201929 November 2019
(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...
Pemex Cyberattack Has US Cos. Taking Precautions
Latin America and Caribbean Mexico North America USA

Pemex Cyberattack Has US Cos. Taking Precautions

ENERGY ANALYTICS INSTITUTE (EAI)25 November 201927 November 2019
(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...
Argentina Brazil Colombia Latin America and Caribbean Mexico Venezuela

Don’t Count On Oil To Reignite Latin America

ENERGY ANALYTICS INSTITUTE (EAI)5 November 201917 November 2019
(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...
Latin America and Caribbean Mexico

Mexico Boosts Spending In 2020 Budget

ENERGY ANALYTICS INSTITUTE (EAI)9 September 201915 September 2019
(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...
Latin America and Caribbean Mexico

OPIS Mexico Fuel Week Opens Registration

ENERGY ANALYTICS INSTITUTE (EAI)28 August 20191 September 2019
(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...
Latin America and Caribbean Mexico

Mexico Eyes $4.5bn Savings From Contract Renegotiation

ENERGY ANALYTICS INSTITUTE (EAI)27 August 20191 September 2019
(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...
Latin America and Caribbean Mexico

Wind Developers Losing Heart On Mexico Amid Stall

ENERGY ANALYTICS INSTITUTE (EAI)22 August 201924 August 2019
(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...
Latin America and Caribbean Mexico

Mexican Gov’t To Keep Investing In Pemex

ENERGY ANALYTICS INSTITUTE (EAI)16 August 201918 August 2019
(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...
Latin America and Caribbean Mexico North America USA

Mexican Lawsuit Risks Permian Route To Market

ENERGY ANALYTICS INSTITUTE (EAI)2 August 20193 August 2019
(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...
Latin America and Caribbean Mexico

Mexico Auctions Moratorium Give Rival Brazil An Edge

ENERGY ANALYTICS INSTITUTE (EAI)9 July 201910 July 2019
(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....
Latin America and Caribbean Mexico

Mexico’s CNH Approves BP’s Offshore Drilling Plan

ENERGY ANALYTICS INSTITUTE (EAI)25 June 201927 June 2019
(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...
Argentina Bolivia Brazil Chile Ecuador Latin America and Caribbean Mexico Peru Trinidad and Tobago Venezuela

LatAmNRG Heard On The Street: Gas Markets, Argentina Tender

ENERGY ANALYTICS INSTITUTE (EAI)25 June 201925 June 2019
(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 --...
Latin America and Caribbean Mexico

The End Of Mexico’s Rigorous Energy Reform

ENERGY ANALYTICS INSTITUTE (EAI)22 June 201925 June 2019
(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...
Latin America and Caribbean Mexico

Mexican Oil Regulator Cancels October Tender To Pick Pemex Partners

ENERGY ANALYTICS INSTITUTE (EAI)13 June 201918 June 2019
(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...
Latin America and Caribbean Mexico

Mexico Initiates Construction Of The Dos Bocas Refinery

ENERGY ANALYTICS INSTITUTE (EAI)2 June 20192 June 2019
(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...
Latin America and Caribbean Mexico

Mexico Charges Former Oil Official With Bribery In Anticorruption Drive

ENERGY ANALYTICS INSTITUTE (EAI)28 May 20192 June 2019
(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...
Brazil Latin America and Caribbean Mexico

LatAm’s Gasoline Problems: Mexico And Brazil Diverge In Fuel Balance Strategy

ENERGY ANALYTICS INSTITUTE (EAI)15 May 201920 May 2019
(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...
Latin America and Caribbean Mexico

Mexico’s Rising Oil Nationalism Faces Debt-Rating Crisis

ENERGY ANALYTICS INSTITUTE (EAI)14 May 201917 May 2019
(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...
Latin America and Caribbean Mexico

Mexican Union Leader Shot Dead In Troubled Oil Refining City

ENERGY ANALYTICS INSTITUTE (EAI)12 May 201913 May 2019
(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...
Bolivia Latin America and Caribbean Mexico

LatAmNRG Briefs: Pemex Dos Bocas, Bolivia Charges Persons In Drillmex Case

ENERGY ANALYTICS INSTITUTE (EAI)9 May 201914 May 2019
(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...
Latin America and Caribbean Mexico

Pemex To Build $8bn Oil Refinery As Mexico Scraps Tender Process

ENERGY ANALYTICS INSTITUTE (EAI)9 May 201910 May 2019
(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...
Latin America and Caribbean Mexico

LatAmNRG Mexico Briefs: Odebrecht Contracts, FMP Transfer, Oil Slide Halted

ENERGY ANALYTICS INSTITUTE (EAI)27 April 201927 April 2019
(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...
Latin America and Caribbean Mexico

Pemex Head Says Fuel Theft In April 2019 Down 98% Since November 2018

ENERGY ANALYTICS INSTITUTE (EAI)22 April 201927 April 2019
(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...
Latin America and Caribbean Mexico

To Halt Energy Slide, Mexico Turns To A Trusted Provider: Mexico

ENERGY ANALYTICS INSTITUTE (EAI)11 April 201914 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...
Latin America and Caribbean Mexico

Mexico Would Consider State Gas Stations In Push For Fair Prices

ENERGY ANALYTICS INSTITUTE (EAI)9 April 201910 April 2019
(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...
Latin America and Caribbean Mexico North America USA

Mexican President Warns Retailers: Keep Gas Prices In Check

ENERGY ANALYTICS INSTITUTE (EAI)9 April 201910 April 2019
(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...
Latin America and Caribbean Mexico

Pemex CEO Questions Ratings Downgrade Amid Planned Investment

ENERGY ANALYTICS INSTITUTE (EAI)19 March 201919 March 2019
(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...
Latin America and Caribbean Mexico

Mexico’s President AMLO Moots $1.5bn Pemex Rescue Plan

ENERGY ANALYTICS INSTITUTE (EAI)8 February 201910 February 2019
(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...
Latin America and Caribbean Mexico

Mexico Gasoline Pipeline Leak Detected Hours Before Fatal Blast

ENERGY ANALYTICS INSTITUTE (EAI)20 January 201923 January 2019
(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...
Latin America and Caribbean Mexico

Distressed Mexican Driller Bids for Pemex Contract

ENERGY ANALYTICS INSTITUTE (EAI)17 January 201920 January 2019
(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...
Latin America and Caribbean Mexico

Mexico Pipeline Problem Eyed In US Gulf Coast Gasoline Build

ENERGY ANALYTICS INSTITUTE (EAI)17 January 201920 January 2019
(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...
Latin America and Caribbean Mexico

Pemex Will Not Back Down From Fighting Fuel Theft

ENERGY ANALYTICS INSTITUTE (EAI)10 January 201917 January 2019
(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...
Latin America and Caribbean Mexico

Mexico Aims To Boost Crude Output

ENERGY ANALYTICS INSTITUTE (EAI)19 December 201820 December 2018
(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...
Latin America and Caribbean Mexico

Mexico’s New Gov’t Starts Oil Industry Reform With $8-Bn Refinery Overhaul

ENERGY ANALYTICS INSTITUTE (EAI)10 December 201810 December 2018
(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...
Latin America and Caribbean Mexico

Pemex CEO Octavio Romero Reveals Mexico’s National Refining Plan

ENERGY ANALYTICS INSTITUTE (EAI)9 December 201815 December 2018
(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...
Latin America and Caribbean Mexico

AMLO Announces National Plan For Pemex Refineries

ENERGY ANALYTICS INSTITUTE (EAI)9 December 20189 December 2018
(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...
Latin America and Caribbean Mexico

Mexico’s President AMLO Appoints New Pemex CEO Romero

ENERGY ANALYTICS INSTITUTE (EAI)7 December 20187 December 2018
(Energy Analytics Institute, Jared Yamin, 7.Dec.2018) — Mexico’s President Andrés Manuel López Obrador appointed Engineer Octavio Romero Oropeza as the new CEO of Pemex. Romero assumed the position on December...
Asia Latin America and Caribbean

AMLO’s Road Toward Energy Independence Is Full Of Potholes

ENERGY ANALYTICS INSTITUTE (EAI)7 December 20189 December 2018
(Bloomberg, Amy Stillman, 6.Dec.2018) — In the tropical heat of southeastern Mexico, bulldozers prep the site of a massive new crude refinery on the outskirts of Paraiso, an impoverished oil...
Latin America and Caribbean Mexico USA Venezuela

Mexico’s AMLO Takes Office With Attack on Energy Overhaul

ENERGY ANALYTICS INSTITUTE (EAI)1 December 20182 December 2018
(Bloomberg, Nacha Cattan and Eric Martin, 1.Dec.2018) — After decades of waiting, Andres Manuel Lopez Obrador punctuated his arrival as Mexico’s president with a bang, delivering a blistering attack on...
Latin America and Caribbean Mexico

Mexico’s Oil Crisis Deepens

ENERGY ANALYTICS INSTITUTE (EAI)27 November 201828 November 2018
(Oilprice.com, Irina Slav, 27.Nov.2018) — Mexico’s state oil company Pemex said it produced an average 1.76 million bpd of crude in October, down 7 percent from October last year, Reuters...
Latin America and Caribbean Mexico

Mexico Should Fix Pemex Finances Before New Refining Investments: IMF

ENERGY ANALYTICS INSTITUTE (EAI)8 November 201812 November 2018
(Reuters, 8.Nov.2018) — The International Monetary Fund (IMF) on Thursday called for an improvement in Mexican state oil company Pemex’s financial position before it invests in building new refineries. Mexico’s...

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Energy Analytics Institute’s SPonsor ADvertiser (SPAD) Promo Video

NRGBriefs: Petro’s Mines and Energy Minister

Touchstone Completes Cascadura EIA in Trinidad

Ministry Young Visit Maduro to Discuss Energy, Other Matters

NGC and NewGen Ink Heads of Agreement for Deepened Hydrogen Partnership

NRGBriefs: NGC and NewGen; Ecopetrol on Uchuva-1 and Gorgon-2

Eni Acquires the Tango FLNG to Export LNG from the Republic of Congo

EXMAR Sells Floating Liquefaction Unit to Eni

Petrobras Concludes Divestment of Onshore Fields in Ceará

Petrobras Inks New Addendum with Bolivia’s YPFB

Tullow: Beebei-Potaro Exploration Well Plugged, Abandoned Offshore Guyana

Gold Fields Ltd. Advises on Headlines EPS

Ecopetrol Group Announces 2Q:22 Results [PDF Downloads]

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Still Standing for Now: El Metro de Caracas

https://energy-analytics-institute.org/wp-content/uploads/2018/07/Still-Standing-For-Now_-Caracas-Metro.mp4
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