Pemex Guarantees Production from 2025-2030 with Trion, Zama, Other Projects

HOUSTON, TEXAS (Pietro D. Pitts and Fidencio Casillas, Energy Analytics Institute, 15.Feb.2025) — State-owned Petróleos Mexicanos‘ overall work plan during 2025-2030 includes guaranteeing greater crude oil and natural gas production as well as the supply of fuels (gasoline), petrochemicals and fertilizers, Mexico’s Energy Secretariat (Sener) Luz Elena González Escobar and […]

Sheinbaum Says Mexico has a Plan A, Plan B and Plan C if Trump Imposes Tariffs

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Mexico’s president Claudia Sheinbaum Pardo said her country continues to maintain dialogue with officials from the administration of US president Donald Trump but always with respect to Mexico’s sovereignty. Sheinbaum — speaking 31 Jan. 2025 during her mañanera or daily briefing with […]

LatAm NRG Heard: Mexico 2nd Energy Sector Laws, Drill Baby Drill’s Return

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 17 Jan. 2025. —Argentina: The gov’t of president Javier Milei is starting the privatization process for Argentina’s national highways and routes. —Ecuador: Ecuador’s EP PetroEcuador says […]

Sheinbaum Continues Morena Party’s 4th Transformation

MEXICO CITY, MEXICO (Pietro D. Pitts, Energy Analytics Institute, 3.Dec.2024) — The recent election of Morena Party’s Claudia Sheinbaum Pardo to serve as Mexico’s president from 2024-2030 translates into continuity of the so-called Fourth Transformation started by former president Andrés Manuel López Obrador (AMLO).  AMLO, who founded the Morena Party, […]

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 2.3%,” Sheinbaum said 20 Nov. 2024 during her daily mañanera briefing with the media. While her doubters say it is not possible, Sheinbaum reiterated that […]

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 2024-2030, according to the state-owned agency’s head Emilia Esther Calleja. The details were reveal 6 Nov. 2024 by Esther her participation in an early morning […]

Sheinbaum Looks to Reduce Costs at Pemex

(Energy Analytics Institute, 30.Oct.2024) — Mexico’s President Claudia Sheinbaum Pardo said the main plan for state-owned Pemex was to make the company more efficient internally. Sheinbaum told the media that Pemex had three subsidiaries and 40 affiliates, which made it complex to administer the company.  “We are going to take […]

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) Saguaro Energía LNG Facility on Mexico’s Pacific Coast and and the associated Sierra Madre Pipeline, continues with work related to a final investment decision (FID) […]

Mexico’s Sheinbaum seen Tapping Political Heavyweights for State Energy Jobs

(Reuters, 12.Jun.2024) — Mexico’s former foreign minister, the scion of a legendary political family, and a party boss are in contention for top energy-related jobs in President-elect Claudia Sheinbaum’s government, sources said, suggesting political savvy will trump technical expertise in running state energy companies. The cabinet of President-elect Claudia Sheinbaum […]

Mexico’s New President Inherits an Economy in Shambles

(Industrial Info Resources, 6.Jun.2024) — Claudia Sheinbaum, Mexico’s president-elect, will inherit “a number of headaches” when she is inaugurated later this year, a longtime observer of Mexican affairs told Industrial Info in an interview this week. Under Sheinbaum’s predecessor, Andrés Manual López Obrador, or AMLO, Mexico’s economy deteriorated significantly. Notably, […]

A Scientist, a Leftist and a Former Mexico City Mayor. Who is Claudia Sheinbaum?

(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 leftist ran a disciplined campaign capitalizing on her predecessor’s popularity before emerging victorious in Sunday’s vote, according to an official […]

Interest Remains in Mexico’s Oil and Gas

(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 President Andres Manuel Lopez Obrador, panelists said during an energy and infrastructure forum May 14-15. However, if Mexico again opened […]