Skip Navigation
The University of Texas at Austin
 

Mexico


Renewables investment in Mexico reaches US$11bn since 2003

Since 2003, Mexico’s renewable energy sector received $11 billion in direct foreign investment. Investments have mainly been from Spain, Germany and the United States. Mexico is currently ranked eighth globally in renewable energy investment. by Adam Critchley, BN Americas, November 19, 2014 Mexico’s renewable energy sector received US$11bn in direct foreign investment during the 2003-13 decade,…

Mexico’s Pemex approves post-reform corporate revamp

Pemex has finalized a corporate restructuring, including the creation of new business units that will focus on fertilizers and ethylene. The company will maintain its money-making exploration and production division and consolidate poorer performers focused on natural gas, refining and petrochemicals into a single entity called Industrial Transformation. by David Alire Garcia, Reuters, November 18, 2014…

China to invest up billions in Mexico energy sector

A $14 billion investment in Mexico’s energy, mining, infrastructure, telecom and tourism sectors has been created with 14 cooperation agreements signed between Mexico and China. The agreements were made during Mexican President Enrique Peña Nieto’s visit to China to attend the APEC summit. by Utility Products, November 14, 2014 Mexico and China have signed 14…

Mexico’s Pemex Considers Sukuk Sale to Lure Muslim Investors

Pemex is considering the sale of the Islamic-compliant bonds known as sukuk. A date and amount has yet to be set, but it will be the first sukuk out of Latin America. by Isabella Cota, Bloomberg News, November 14, 2014 Petroleos Mexicanos is considering a sale of the Islamic-compliant bonds known as sukuk, courting Muslim investors…

Mexico’s Pemex inks $10 bln credit line with China’s ICBC for oil projects

Pemex has created a line of credit with Chinese bank ICBC. The credit line will be used for exploration and production projects as well as offshore acquisitions. by David Alire Garcia, Reuters, November 13, 2014 Nov 13 (Reuters) – Mexico’s state-owned oil company Pemex has inked an initial line of credit for exploration and production projects…

Firebrand at the Railroad Commission

Firebrand at the Railroad Commission

Texas Railroad Commissioner David Porter has made controversial statements on lax security along the U.S.-Mexico border and on Russia manipulating the international gas market over the last few months. The commissioner wants U.S. Customs and Border Protection to take steps in order to stop terrorists from the Islamic State and al-Qaeda from crossing into the…

Mexico: Building a More Sustainable Energy Agenda

Mexico has set ambitious goals for expanding renewable energy and reducing the country’s dependence on fossil fuels. Mexico has used its Sustainable Energy Fund since 2007 to encourage scientific and technological research in energy efficiency, renewable energy sources, use of clean technologies, and diversification of primary energy sources. by ECPA News, November 10, 2014 Climate…

Pemex plan for a $6 billion LNG export terminal faces skepticism

Pemex’s plan to build a $6-billion natural gas liquefaction plant at Salina Cruz is being met with skepticism. Analyst argue that Pemex lacks a track record for a comparable operation, and that there isn’t enough gas in Mexico. by Ronald Buchanan, Platts, November 10, 2014 A plan by Mexican state-owned Pemex to build a $6-billion natural…

US to exchange crude oil with Mexico as exports climb to 1 million b/d

By early next year, the U.S. will be exporting more than 1 million barrels a day of crude oil and condensates. This plan includes roughly 200,000 b/d in light-for-heavy crude exchanges with Mexico. U.S. exports of crude to Eastern Canada is expected to grow 500,000 b/d, while exports from Alaska will reach 100,000 b/d. by Brian…

Pemex Looks to Develop Natural Gas Export Terminal

Pemex has announced it wants to develop a liquefied natural gas export terminal on the Pacific coast of Oaxaca, and is seeking private investment to help with costs. This is an effort to help expand the country’s energy sector following the energy reform. by Alison Sider, Wall Street Journal, November 5, 2014 Mexico’s state-owned energy company,…

UT Main  |  UT Directory  |  UT Direct  |  Blackboard  |  Privacy Policy  |  Accessibility
© 2014 Jackson School of Geosciences, The University of Texas at Austin
Site Last Modified: November 12, 2014