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Mexico
Mexican Oil Giant Says No Environmental Damage from Raging Gulf Fire
Just days after video of a massive ocean surface blaze near a Pemex oil platform in the Gulf of Mexico went viral, Mexico's national oil company has declared th…
Oil Refinery
Mexican National Oil Company to Run USA Refinery
Pemex, whose holdings include six refineries in Mexico, will become the sole owner of a seventh refinery – in the United States.
Mexico
Mexican State Oil Firm Pemex Reports $23 Billion Loss in 2020
The company said it had faced "the worst crisis in its history" last year due to the health crisis sweeping the planet.
Electricity Reform
Mexican Electricity Reform Approved for Final Vote
Mexico's lower house approved an electricity reform bill that seeks to strengthen state power company CFE's market position, clearing the way for a final vote i…
Joe Biden
Mexican President Endorses Key Biden Policies
Mexican president Andres Manuel Lopez Obrador supports US president Joe Biden's goals of economic revitalization, immigration policy reform and controlling the …
Cooperation case
Making the World's Energy Industry Clean and Efficient
SPIC's Mexican foray heralds commitment to add value and high-tech to power
Mexico
China's SPIC Buys Mexican Renewable Power Firm Zuma Energia
China's SPIC has completed its purchase of Mexico's largest independent renewable power company Zuma Energia, SPIC said on Thursday, furthering goals to increas…
Energy Storage System
Electricity Storage can Play Crucial Role in Carbon Reduction in Mexico, Study Finds
Large scale electricity storage can accelerate Mexico’s green transition, a study from the Danish Energy Agency and Mexico’s INECC finds.
Mexico
Biden Win Could Alter Mexican Energy Detente
The US presidential election in November could lead to an abrupt change in Washington's recent hands-off approach to Mexican energy policy.
Crude Oil
Crude Shipments Resume from Pemex Floating Oil Storage Unit After Collision
An oil production and storage vessel operated by Mexican state oil firm Pemex in the Gulf of Mexico has resumed crude shipments after a tanker collision halted …
Oil & Gas Trade
Mexican Firm in Oil Swap with Venezuela Declares Bankruptcy
A Mexican firm that was instrumental in an oil-for-water swap scheme with the Venezuelan government has declared bankruptcy.
Crude Oil
Mexico to Cut Oil Output by 100,000 Bpd from May: Officials
Mexico will reduce its oil output by 100,000 barrels per day (bpd) from May after top oil producers collectively agreed to cut production by 9.7 million barrels…
Crude Oil
Mexican Standoff Imperils Proposed 10M-barrel OPEC+ Oil Cut
OPEC said the deal also calls for a 6 million barrel per day cut for 16 months beginning in 2021.
Crude Oil
Mexico Rejects Global Plan To Cut Oil Production
The deadly price war and coronavirus cocktail that threw most of the global industry into a panic seems to have missed one of the large national players: Mexico…
Oil & Gas Trade
The World’s Biggest Oil Trader Negotiates Venezuela Oil Purchase
The largest independent oil trader in the world, Vitol Group, is discussing the purchase of Venezuelan crude oil from a Mexican firm that had received the crude…
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