Mexico Presents Plan To Shutter Private Power Plants

(AP, 11.Oct.2021) — Mexico’s president presented details on Monday of a proposal that is likely to squeeze out hundreds of private power generating plants and may provoke complaints under the Mexico-U.S.-Canada free trade accord. The constitutional reform presented by President AndrĂ©s Manuel LĂłpez Obrador would cancel contracts under which 34 […]

LatAm Briefs: Argentine Output, Colombian Renewables

(Energy Analytics Institute, 22.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: daily production details from Argentina’s NeuquĂ©n region to 13 renewable projects identified by Colombia’s Ecopetrol and more. Argentina — Daily production in Argentina’s NeuquĂ©n region reached a record 193,000 barrels per day, the highest volume […]

Work At Dos Bocas Continues [PHOTOS]

(Energy Analytics Institute, 23.Jan.2021) — Construction work at the Dos Bocas refinery in Mexico continues to move forward, announced Mexico’s Energy Secretariat Rocio Nahle. Nahle is seen here explaining work at the refinery to other energy sector workers while she also monitored the arrival of new equipment from state oil […]

Energy Dispute Deepens Between In Mexico

(Reuters, 16.May.2020) — The European Union and Canada have formally raised concerns to Mexico about rules they say endanger renewable energy projects, escalating tensions with its government, which late on Friday moved to tighten its control over the power industry. In letters that were leaked to Mexican media on Friday, […]

Pemex Not In Position To Maintain Output

(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; Adrian Lara, Senior Oil & Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the […]

Pemex Not Willing To Pay Ransom After Cyberattack

(Reuters, 13.Nov.2019) — Mexican national oil company Pemex will not pay a ransom demanded by suspected cyberattackers who targeted the firm’s computer systems, Energy Minister Rocio Nahle told reporters on Wednesday. Nahle, who also serves as chair of the Pemex board, added that the attack hit the company’s administrative headquarters […]

Hacker Wants $5mn In Ransom From Pemex

(Bloomberg, Amy Stillman, William Turton and Alyza Sebenius, 13.Nov.2019) — The hacker behind a cyberattack that has crippled Petroleos Mexicanos’s computer systems since the weekend is hoping to squeeze almost $5 million out of the company and appears to have set a deadline of Nov. 30. Pemex has other ideas, […]

LatAmNRG Heard On The Street: Gas Markets, Argentina Tender

(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 — During the first half of July a tender will be launched in Argentina for the construction of a new natural […]

AMLO Plans Massive New Oil Refinery

(OilPrice.com, Irina Slav, 5.Sep.2018) — Mexico’s President Andres Manuel Lopez Obrador has plans to build the country’s largest refinery with a capacity to produce 400,000 barrels of gasoline daily, Reuters reports, citing comments by Obrador during a meeting with businessmen in Monterrey. The refinery would cost US$8 billion to build […]