MEXICO CITY, MEXICO (Energy Analytics Institute, 11.Oct.2024) — Petróleos Mexicanos (Pemex) general director Víctor Rodriguez Padilla provided an immediate briefing related to the 10 Oct. 2024 […]
Tag: Pemex
CSB to Probe Fatal Release at Pemex Refinery in Deer Park
(CSB, 11.Oct.2024) — The U.S. Chemical Safety and Hazard Investigation Board (CSB) announced that it is launching an investigation into a fatal release of hydrogen […]
New Pemex refinery at about 80% of capacity: Sheinbaum says
MEXICO CITY, MEXICO (Reuters, 10.Oct.2024, Words: 220) — Mexico’s state-owned Pemex’s new oil refinery is processing crude at about 80% of its capacity, the country’s president said […]
Mexico’s New President Promises to Resume Fight Against Climate Change
(AP, 5.Oct.2024) — In her first days as Mexico’s new president, Claudia Sheinbaum made a point of distancing herself from the fossil fuel reliance promoted […]
LatAmNRG matters, highlights, heard: Argentina LNG, $7.3bn Amber-Citgo deal
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Oct.2024, Words: 423) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 4 […]
Pemex Posts Drop in Oil Output as AMLO Exits
(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, […]
Sheinbaum taps first woman to lead state power firm CFE
(Reuters, 12.Aug.2024) — Mexican President-elect Claudia Sheinbaum on Monday named Emilia Esther Calleja to lead state power firm Comision Federal de Electricidad (CFE), making her […]
Pemex Reports 2Q:24 Financial, Operational Results
(Pemex, 26.Jul.2024) — Regarding financial results, Pemex reported a net loss of MXN 255.9bn was obtained in 2Q:24, MXN 281.4bn lower than the net profit of […]
Experts Call for ‘Serious’ Debate About Fracking in Mexico
(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 […]
US-Mexico Energy Trade Value Fell in 2023
(EIA, 15.Jul.2024) — The value of all energy trade between the United States and Mexico decreased almost 15% from $77.8bn in 2022 to $66.5bn in […]
Mexican Billionaire Carlos Slim Wants to Join Pemex in Deepwater Natural Gas Project
(Reuters, 17.Jun.2024) — Mexico’s President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country’s first deepwater […]
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 […]
PEMEX Concludes Working Sessions with Suppliers
(PEMEX, 23.May.2024) — The CEO of Petróleos Mexicanos (PEMEX), Octavio Romero Oropeza, concluded a three-day round of working sessions held in Villa Hermosa, Tabasco, and […]
PEMEX reaffirms commitment to pay suppliers
MEXICO CITY, MEXICO (PEMEX, 22.May.2024, Words: 291) — The CEO of Petróleos Mexicanos (PEMEX), Octavio Romero Oropeza, currently on a working tour of the southeastern […]
AMLO’s ‘Dream’ Pemex Refinery Hits Another Delay
(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 […]
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 […]
PEMEX Continues Path to Transformation
(PEMEX, 3.May.2024) — During the morning press conference held by the President of Mexico, Andrés Manuel López Obrador, the CEO of Petróleos Mexicanos (PEMEX), Octavio […]
Potential Sour Crude Deficit Looming in the Gulf
(BTU Analytics, 23.Apr.2024) — Historically, more than half of Mexico’s heavy sour crude oil exports, mostly Maya blend, end up in the U.S., which is […]
Pemex to Remain A Fiscal Challenge for Next President of Mexico
(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 […]
Mexico’s Zama Project Undergoing Changes in Engineering Design
(Offshore staff, 12.Mar.2024) — The Zama offshore oilfield development project operated by state company Pemex has been “delayed for the right reasons,” according to Talos […]
Woodside Gets Social Impact Assessment Approval for Trion
(Woodside Energy, 13.Feb.2024) — Woodside announced the Trion oil and gas project has received approval for its Social Impact Assessment from the Mexican Ministry for […]
Pemex’ ESG Outlook [PDF Download]
(Pemex, 31.Jan.2024) — Pemex‘ sustainability plan will focus on the most material components related to the oil and gas industry. And, the three main areas […]
Wood inks engineering design for 100,000 b/d Trion project offshore Mexico
MEXICO CITY, MEXICO (By Fidencio Casillas, 8.Jan.2023, Words: 240) — Wood secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides […]
Pemex Reports 3Q:23 Results [PDF Downloads]
(Pemex, 27.Oct.2023) —In the third quarter of 2023 (3Q23), Petróleos Mexicanos‘ operating performance was positive, supported by a responsible financial policy. In exploration and production, […]
EAI’s NRGBriefs: Aug. 2023
(Energy Analytics Institute, 31.Aug.2023) — Energy briefs as well as others related to finance and projects during August 2023 including Petrobras commenting on divestment process […]
Cuban Oil Tankers Becoming Regular Visitors to Mexican Ports
(Reuters, 10.Aug.2023) — Cuba has begun using its own tankers to ramp up crude imports from Mexico, which in the second quarter surpassed Russia as […]
Talos Energy Reveals 2Q:23 Operational and Financial Results
(Talos, 8.Aug.2023) — Talos Energy Inc. (NYSE: TALO) announced its operational and financial results for fiscal quarter ended June 30, 2023. Key Highlights: Drilled a successful commercial […]
Woodside Makes $7.2bn FID for Trion Offshore Mexico [PDF Download]
(Woodside, 20.Jun.2023) — Woodside has made a final investment decision to develop the large, high-quality Trion resource in Mexico. The expected returns from the development exceed Woodside’s […]
Paratus Energy Services Ltd Announces 4Q:22 Trading Update
(Paratus Energy, 21.Mar.2023) — Paratus Energy Services Ltd. announced a trading update for the fourth quarter 2022 and updates on Paratus, its subsidiaries and associated […]
Pemex Lays Out Strategic Plan 2023-27 [PDF Download]
(Energy Analytics Institute, 21.Dec.2022) — Mexico’s state-owned energy giant Pemex revealed its Strategic Plan for 2023-2027 with production growth targets among others for the five-year […]
NFE Finalizes Deals with Pemex Regarding Lakach Offshore Gas Field
(New Fortress Energy, 22.Nov.2022) — New Fortress Energy Inc. (NASDAQ: NFE) has finalized its agreements with Petróleos Mexicanos (Pemex), Mexico’s state-owned oil company, to develop and operate […]
Pemex Confirms Damage to Ethane Pipeline in Tabasco
(Energy Analytics Institute, 20.Sep.2022) — State-owned Petróleos Mexicanos (Pemex) said an excavator accidentally hit one of its pipelines, which caused an ethane gas leak that […]
Pemex Acknowledges Releasing Methane Plume
(The Associated Press, 8.Sep.2022) — Mexico’s state-owned Petroleos Mexicanos oil company acknowledged Thursday it released a plume of methane, a potent greenhouse gas, in the […]
Pemex Requests $6.5bn More Funding for ‘Dos Bocas’ Refinery
(Reuters, 12.Aug.2022) — Mexico’s state-oil company Pemex requested this week almost $6.5 billion in additional funding from the government to pay for works at the ‘Dos Bocas’ […]
Mexico Oil Refinery Accident Leaves 1 Dead, 1 Missing
(AP, 29.Jul.2022) — A fire at an oil refinery operated by Mexico’s state-owned Petroleos Mexicanos company left one worker dead and another missing Friday. The […]
NRGBriefs: Pemex Assumes Operation of YÙUM K’AK’NÁAB FPSO
(Energy Analytics Institute, 24.Jul.2022) — Energy briefs including BW Offshore Limited saying Mexico’s state-owned Pemex has assumed ownership and operation of the FPSO YÙUM K’AK’NÁAB. […]
S&P Revises Pemex’s Outlook to Stable
(Reuters, 6.Jul.2022) — S&P Global Ratings revised on Wednesday the outlook for Mexico’s state-oil firm Pemex to stable from negative, after it reviewed Mexico’s long-term […]
NFE Inks Deal with Pemex for Lakach Field, FLNG Deployment Solution
(New Fortress Energy, 5.Jul.2022) — New Fortress Energy Inc. today announced that it has signed an agreement with Petróleos Mexicanos (Pemex) to form a long-term strategic partnership that […]
NRGBriefs: APA, Total Drill Dikkop Off Suriname; Pemex Output Goals
(Energy Analytics Institute, 21.Jun.2022) — Energy briefs including APA Corporation and TotalEnergies drilling the Dikkop exploration well in the central portion of Suriname’s Block 58 […]
Mexico Closer to Striking a Deal over Major Offshore Oil Find
(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 […]
Talos Energy Reveals 1Q:22 Results, Increases Borrowing Base
(Talos, 4.May.2022) — Talos Energy Inc. (NYSE: TALO) announced its operational and financial results for the first quarter of 2022 and the increase of its borrowing […]
Mexico Opposition Party Pitches Free Solar Panels for Housing
(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 […]
NRGBriefs: Venezuela Receives 185 Mbbls from Iran; Pemex, Exxon 1Q:22 Conf. Calls
(Energy Analytics Institute, 25.Apr.2022) — Energy briefs including Venezuela reportedly receiving 185,000 barrels of 29-degree API petroleum from Iran; Pemex plans to host a conference […]
Pemex Says Fire under Control at Salina Cruz Refinery
(Reuters, 16.Apr.2022) — Mexican state oil company Pemex said on Saturday that it had brought under control a fire at its Salina Cruz refinery in […]
Mexico’s Electricity Reform Draws Opposition from Investors, US
(The Washington Post, 16.Apr.2022) — Mexico’s congress will decide on Sunday whether to give the government near-total control over the country’s electricity sector in what […]
Mexico’s President Reversing Energy Reforms, Hurting Oil Production
(Houston Public Media, 12.Apr.2022) — President Andrés Manuel López Obrador is using administrative measures to undermine the free-market reforms enacted in 2013. As a result, […]
Pemex Crude Exports Rise 11% m/m in Feb. to 925,000 bpd
(Reuters, 29.Mar.2022) — Petroleos Mexicanos (Pemex) said it exported 925,000 barrels of crude per day (bpd) on average in February, up 11.2% from the previous […]
NRGBriefs: EP PetroEcuador Lays Out Production Plans 2022-26
(Energy Analytics Institute, 10.Mar.2022) — Energy briefs including Ecuador’s state-owned EP PetroEcuador laying out plans for investments of $12bn to almost double production to 804,323 […]
NRGBriefs: Venezuela’s Nicolás Maduro Chats with Russia’s Vladimir Putin
(Energy Analytics Institute, 1.Mar.2022) — Energy briefs including Venezuela’s President Nicolás Maduro chatting over the telephone with his Russian counterpart Vladimir Putin; Invenergy naming Mary […]
NRGBriefs: Guyana Launches Local Content Registry
(Energy Analytics Institute, 25.Feb.2022) — Energy briefs including Energy Analytics Institute (EAI) believing that the recent commencement of war between the Ukraine and Russia offers […]