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Mexico's Search Results
Iberdrola Buys US Utility in $8.3bn Deal
Spanish energy company Iberdrola is acquiring the primary electric utility in New Mexico in a deal valued at around $8.3 billion.
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.
Mexico May Delay Energy Reform
Mexico could delay its planned energy sector reform until next year after President Andres Manuel Lopez Obrador asked regulators this week to help prop up state…
Stena Drilling Lands Drillship Deal with Repsol in Mexico
Offshore drilling contractor Stena Drilling has won a drilling contract with Spanish oil company Repsol for operations offshore Mexico.
Mexico’s Pemex Slashes Oil Production Target For 2021
Mexico has revised down energy giant Pemex’s oil production target for next year by more than 8 percent in what was a no-surprise move to those familiar with t…
Mexico CoMexico Could Be Forced To Cut Oil Production Target For 2021
Mexico will likely cut its crude oil production targets for next year, citing a ruling party lawmaker in Mexico.
Mexico’s Oil Major Pemex Ignores Investor Calls To Curb Emissions
Mexico’s state oil firm Pemex is not planning a shift toward curbing carbon emissions or green energy.
Trump Administration Looks at Allowing Longer Extensions to Remote Offshore Wells
The U.S. government is considering changes to policies for oil companies operating in the offshore Gulf of Mexico that might allow existing platforms to lengthe…
Solar Power Plant
CFE in Mexico Will Build up to 350 MW in Solar PV at Cerro Prieto Geothermal Plant
The state-owned utility of Mexico, Comisión Federal de Electricidad (CFE) confirmed its plans for a large-scale solar PV plant to be built at the Cerro Prieto …
Mexico is Among the Countries Where Solar and Wind Energy Energy are more Cheaper
The Inter-American Development Bank and the International Labor Organization reported that the transition to a less carbonized economy would generate 2.1 millio…
Nuclear Power Plant
Mexico's Laguna Verde Plant Relicensed for 30 Years
Mexico's Ministry of Energy has authorised the renewal of the operating licence for unit 1 of the Laguna Verde nuclear power plant for an additional 30 years to…
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
US Refiners Ramp Up Crude Imports from Mexico to 8-Year High
US crude oil imports from Mexico surged to the highest level in more than eight years last week as swelling inventories and a fire at the Latin American country…
US Crude Stocks Build on Higher Imports, Distillates Inventories Hit 37-yr High: EIA
US crude oil stockpiles grew last week and inventories on the Gulf Coast hit a record high as imports from Mexico rose to an eight-year high.
Mexico Power Reliability Proposal Challenges Renewable Sources
Mexico’s energy ministry is seeking to prioritize state-run utilities over new entrants to support supply stability.