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Mexico


NPD Solarbuzz: Latin America, Caribbean Region to install 9 GW of solar PV within five years

Solar photovoltaic technology is increasing rapidly across the Latin America and Caribbean region. Currently the region exceeds 22 gigawatts of solar PV pipeline across all phases of development. Within the next five years, 9 more gigawatts of projects will be installed. The region is a good candidate for PV pipelines because the region currently has…

Mexico energy overhaul will bring benefits, challenges

Texas legislators met to hear testimony regarding the benefits and challenges presented by the Mexico energy reform in regards to the Texas economy. Jorge Piñon gave testimony and informed the lawmakers that while the reform can be beneficial for Texas, the path will not be easy. He warned of the fragile political climate that will…

BHP Billiton, Pemex sign agreement to share deepwater knowledge

Australian company BHP Billiton has signed a deal with Mexico’s Pemex regarding knowledge of deep water operations. The Gulf of Mexico is a main area for BHP Billiton’s petroleum business, and this deal will allow them to further focus as a partner with Mexico to help develop the country’s petroleum resources.  This deal was made…

Why Mexico’s Oil is Being Moved to Private Entities

Mexican President Enrique Peña Nieto, signed the Mexico Energy Reform into legislation on August, 11th, and the results should prove to be profitable to Mexico. The opening of reserves to funding and investment from private sectors is expected to increase the country’s oil and natural gas production by about 75 percent. Jorge Piñon feels that the…

Texas risks losing business with Mexico to California

California Gov. Jerry Brown is taking advantage of the Mexico energy reform and has spent the first half of the year negotiating trade agreements with California’s neighbor to the south. This could mean that Texas might be losing out on trade business with Mexico, as Gov. Rick Perry has been more concerned with border patrol…

Obama Nominates Maria Echaveste for Ambassador to Mexico

Maria Echaveste, a native of Texas and former Clinton White House official, has been nominated by President Barack Obama to be the next ambassador to Mexico.  If confirmed she will be the first woman to hold the position; most recently she served as the nation’s special representative to Bolivia from 2009 to 2010. by Suzanne…

Pemex advances diesel program at Mexican refineries

Pemex has sent a contract to Spain’s Técnicas Reunidas in order to begin an unltralow-sulfur diesel project at its Lazaro Cardenas refinery. Engineering, procurement, construction, and commissioning of three new refining units are all included in the contract. The contract will be carried out in two phases, the first will cost $50 million and is…

Pemex pumps USD 2.5bn into Los Ramones pipeline project

The second phase of the Los Ramones pipeline will set Pemex back about $2.5 billion. The pipeline will import natural gas from the US and help satisfy Mexico’s growing demand. Overall, Pemex plans to spend $5.5 billion on expanding Mexico’s natural gas pipeline network. by Paddy Harris, Oil & Gas Technology, September 12, 2014 Pemex revealed…

Mexico’s Pemex estimates crude production will increase to 2.4 million bpd in 2015

Pemex expects its crude production to increase to 2.4 million bpd in 2015; a rise from the 2.35 million bpd it plans to produce this year. This rise is due to the company’s plans to reactivate mature oil fields as well as begin production in newly discovered reserves. Pemex has been given the rights to…

Mexico’s Pemex aims to start importing light crude this year

Pemex is planning on beginning to import light crude oil later this year. The imports are aiming to boost refinery output. Although Mexico is considering both crude swaps and direct import agreements with the United States, it is not ruling out imports of light crude from other countries. by David Alire Garcia and Ana Isabel Martinez,…

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Site Last Modified: September 19, 2014