(Editors at Energy Analytics Institute, 25.Jan.2025) — Energy briefs as well as others related to finance, economics, politics, and projects during Jan. 2025 including Venezuela [more…]
Category: Mexico
Mexico energy
EAI’s NRGBriefs Jan. 2025: Neuquén Energy Rationing, CENAGAS Appointment
(Editors at Energy Analytics Institute, 25.Jan.2025) — Energy briefs as well as others related to finance, economics, politics, and projects during Jan. 2025 including Venezuela [more…]
Sheinbaum Says Name of Mexico’s Gulf of Mexico Remains the Same
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 21.Jan.2025) — Mexico’s president Claudia Sheinbaum Pardo said that US President Donald Trump’s remarks regarding changing the name [more…]
Vizsla Silver Initiates Limited Restart of Operations at Panuco
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Jan.2025) — Vizsla Silver Corp. resumed limited operations at its Panuco silver-gold project to progress work on a [more…]
LatAm NRG Heard: Mexico 2nd Energy Sector Laws, Drill Baby Drill’s Return
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 17 [more…]
Pemex Eyes Producing 80% of Fertilizer Supply for National Demand
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — In a move to advance energy sovereignty, state-owned Petróleos Mexicanos (Pemex) has an eye on producing [more…]
Pemex Head Rodríguez Padilla Says Exploration “an Art to Find Deposits”
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 17.Jan.2025) — The head of state-owned Petróleos Mexicanos (Pemex) Rodríguez Padilla said oil exploration is a fundamental [more…]
Pemex Attends to Fire in Tepejí del Río de Ocampo, Hidalgo
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — A fire broke out around 5pm on 17 Jan. 2025 near a Petróleos Mexicanos (Pemex) pipeline [more…]
IMF Expects World Output to Rise 3.3% in Both 2025 and 2026 [PDF Download]
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — The International Monetary Fund (IMF) projects global growth at 3.3% both in 2025 and 2026, below [more…]
Cometa Energía and Tierra Mojada Commence Tender Offers to Purchase for Cash
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — Cometa Energía, S.A. de C.V., a variable capital corporation (sociedad anónima de capital variable) organized and existing [more…]
GoGold Reveals Results of Los Ricos South FS in Jalisco, Mexico
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 16.Jan.2025) — GoGold Resources Inc. released results of its Feasibility Study (FS) at its Los Ricos South [more…]
Mexico’s Production Continues Downward Trend, Falls 4.2% in 2024 v 2023
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 15.Jan.2025) — Mexico’s oil production averaged 1.586 million barrels per day (MMb/d) in 2024, down 4.2% from [more…]
SENER Head González Participates in Consultation Forum in Mexicali
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 14.Jan.2025) — Mexico’s Secretariat of Energy (SENER), in collaboration with the government of Baja California, held the [more…]
Luca Finishes Drilling Campaign at Campo Morado in Guerrero State, Mexico
(Editors at Energy Analytics Institute, 14.Jan.2025) — Luca Mining Corp. started exploration drilling at the Campo Morado mine project in Guerrero State, Mexico. Campo Morado [more…]
AWS to Create LatAm Digital Region in Mexico, Invest $5bn in Querétaro
(Fidencio Casillas, Energy Analytics Institute, 14.Jan.2025) — Amazon Web Services (AWS) plans to invest $5bn in Querétaro state in Mexico. The decision will generate over [more…]
Claudia Sheinbaum’s Plan Mexico Contemplates a $277bn Investment Portfolio
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 13.Jan.2025) — Mexico’s president Claudia Sheinbaum Pardo presented Plan Mexico on 13 Jan. 2025. The plan is [more…]
Commentary: Near-term Triggers for ECA, Saguaro Energia, Vista Pacifico and Salina Cruz
(Pietro D. Pitts, Energy Analytics Institute, 13.Jan.2025) — Natural gas-short Mexico looks to utilize its proximity to Asia to offer primarily US and Asian LNG [more…]
Sheinbaum Says Pemex to Guarantee 1.8 MMb/d, Functioning of 8 Refineries
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 12.Jan.2025) — Mexico’s president Claudia Sheinbaum Pardo, speaking from El Zócalo in Mexico City, said that Petróleos [more…]
Mexico Reports $39bn in FDI in 2024, Sheinbaum Says During Speech from El Zócalo
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 12.Jan.2025) — Mexico’s president Claudia Sheinbaum Pardo said foreign direct investment (FDI) in Mexico reached $39bn in [more…]
Mexico to Invest $23.4bn to Boost Energy Generation by 22,000 MW by 2030
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 12.Jan.2025) — Mexico looks to make investments of $23.4bn during 2024-2030 to boost its energy generation capacity [more…]
LatAm NRG Heard: US Sanctions PDVSA Head, Milei’s Popularity, BP Shuts Azerbaijan Platform
(Editors at Energy Analytics Institute, 10.Jan.2025) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week ended 10 Jan. 2025. [more…]
GoGold Reports 36% Rise in Production at Parral in Chihuahua, Mexico
(Editors at Energy Analytics Institute, 8.Jan.2025) — GoGold Resources Inc. reported production for the quarter ending 31 Dec. 2024 of 551,337 silver equivalent ounces, consisting [more…]
Mexico’s Sovereignty not to be Sacrificed in Efforts with US to Fight Fentanyl Usage
(Fidencio Casillas, Energy Analytics Institute, 7.Jan.2025) — Mexico’s President Claudia Sheinbaum Pardo said her country would do its part to assist the US in the [more…]
Luca Buys Back Debenture, Continues Repayments with Trafigura Mexico
(Editors at Energy Analytics Institute, 7.Jan.2025) — Luca Mining Corp., along with an arm’s-length third-party corporation, Jaluca Limited, reached an agreement with Urion Holdings (Malta) [more…]
Goldman Traders Finally Reap Windfall on Freak Mexico Gas Trade
NEW YORK, NEW YORK (Michael O’Boyle and Sridhar Natarajan, Bloomberg, 7.Jan.2025) — Goldman Sachs Group Inc. is set to rake in winnings almost four years [more…]
Olinia, Mexico’s First 100% Mexican EV Ready 2026 World Cup
(Fidencio Casillias, Energy Analytics Institute, 3.Jan.2025) — The first prototype of Olinia, Mexico’s first electric vehicle (EV), that will be stamped 100% ‘Made in Mexico,’ [more…]
Vizsla Announces 43% Increase in Measure, Indicated Mineral Resources in Mexico
(Editors at Energy Analytics Institute, 6.Jan.2025) — Vizsla Silver Corp. announced the results of an updated mineral resource estimate for its flagship, 100% owned Panuco [more…]
Talos Energy Interim President and CEO Joseph Mills Resigns with Immediate Effect
(Steve Stewart, Energy Analytics Institute, 6.Jan.2025) — Talos Energy Inc. interim president, CEO and Board member Joseph A. Mills resigned to pursue other opportunities, with [more…]
LatAm NRG Heard: Keith Rowley Exit, Venture Global IPO
(Editors at Energy Analytics Institute, 3.Jan.2025) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 3 Jan. 2025. —Argentina: Gov’t [more…]
Mexico’s Sheinbaum Says Pemex to Pay All its Service Provider Debts
(Fidencio Casillas, Energy Analytics Institute, 3.Jan.2025) — Mexico’s president Claudia Sheinbaum Pardo said payments to services providers of state-owned Petróleos Mexicanos (Pemex) commenced in Dec. [more…]
Luca Mining Eyes 1Q:25 Commercial Output at Tahuehueto Mine in Durango
(Editors at Energy Analytics Institute, 2.Jan.2025) — Luca Mining Corp., a diversified Canadian mining company with 2 100%-owned producing mines in Mexico within the prolific [more…]
EAI Reveals 2025 Editorial Calendar, Sponsor Opportunities
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Dec.2024) — Energy Analytics Institute (EAI), formerly LatinPetroleum.com, revealed its editorial calendar for 2025, which offers sponsorship and [more…]
EAI’s NRGBriefs Dec. 2024: Exxon Guyana, Venture Global IPO, Rio Tingo Argentina
(Energy Analytics Institute, 31.Dec.2024) — Energy briefs as well as others related to finance and projects during Dec. 2024 including Venture Global filing for IPO; [more…]
Sonora Governor Durazo Pledges to Continue with Plan Sonora in 2025
(Fidencio Casillas, Energy Analytics Institute, 29.Dec.2024) — In 2025, with the support of Mexico’s president Claudia Sheinbaum Pardo, the state of Sonora looks to continue [more…]
Commentary: Mexico’s Electricity Problem Requires Massive Investments to Resolve
(Pietro D. Pitts, Energy Analytics Institute, 29.Dec.2024) — While Mexico continues to face electricity problems derived from poor management of energy production and distribution to [more…]
EAI Mexico NRG Dashboard 4Q:24 [PDF Download]
(Energy Analytics Institute, 28.Dec.2024) — Energy Analytics Institute‘s Mexico NRG Dashboard 4Q:24 with upstream, downstream, midstream, LNG, renewable, new energies and other updates from Mexico. [more…]
LatAm NRG Heard: Energía Argentina and Transener, Tula and Salina Cruz Refineries
(Energy Analytics Institute, 27.Dec.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 27 Dec. 2024. —Argentina: Energía Argentina SA [more…]
Pemex’ Oil and Gas Production Fall Sequentially in Nov. 2024
(Fidencio Casillas, Energy Analytics Institute, 26.Dec.2024) — Petróleos Mexicanos’ combined crude oil and condensate production with partners averaged 1.673 million barrels per day (MMb/d) in Nov. [more…]
LatAm NRG Heard: Argentina’s GDP, Chevron Venezuela, Plan Mexico
(Energy Analytics Institute, 20.Dec.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 20 Dec. 2024. —Argentina: Argentina’s gross domestic [more…]
Mexico Eyes Producing 100% Mexican Made EV Olinia
(Pietro D. Pitts, Energy Analytics Institute, 18.Dec.2024) — The government of Mexico’s President Claudia Sheinbaum Pardo has a sharp eye on designing and assembling an [more…]
Talos Divests Additional Interest in Zama to Grupo Carso
(Pietro D. Pitts, Energy Analytics Institute, 17.Dec.2024) — Talos Energy Inc. and its Mexican subsidiary Talos Mexico announced the sale of an additional 30.1% interest [more…]
Commentary: Mexico’s Energy Sector Opportunities Amid Uncertainties
(Pietro D. Pitts, Energy Analytics Institute, 17.Dec.2024) — International oil companies (IOCs) in Mexico’s oil and gas sector have good reason to take a seemingly [more…]
CPKC Completes Laredo-Nuevo Laredo Railway Bridge
(Fidencio Casillas, Energy Analytics Institute, 17.Dec.2024) — Canadian Pacific Kansas City (CPKC) completed construction of the new international railway bridge span over the Rio Grande from [more…]
Sheinbaum Says Southward Extension of North American Trade Deal Necessary
(Fidencio Casillas, Energy Analytics Institute, 17.Dec.2024) — Mexico’s president Claudia Sheinbaum Pardo said unity between her country and other progressive countries in Latin America was [more…]
Fitch Affirms Pemex’ IDRs at ‘B+’; Outlook Stable
(Fitch, 16.Dec.2024) — Fitch Ratings has affirmed Petroleos Mexicanos’ (Pemex) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘B+’ with a stable outlook. [more…]
LatAm NRG Heard: Milei’s Popularity, ECA’s early-2026 Start-up, Saguaro Energía
(Energy Analytics Institute, 13.Dec.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 13 Dec. 2024. —Argentina: Argentina’s president Javier [more…]
US Piped-gas Exports to Mexico up 5% Week-over-Week
(Pietro D. Pitts, Energy Analytics Institute, 12.Dec.2024) — US piped exports of natural gas to Mexico averaged 6.4 billion cubic feet per day (Bcf/d) in [more…]
Vizsla Starts Test Mining at Panuco Silver Project in Sinaloa
MEXICO CITY, MEXICO (Energy Analytics Institute, 11.Dec.2024) — Vizsla Silver Corp. commenced its fully funded and fully permitted test mining and bulk sample program at [more…]
S&P Global Publishes its Energy Outlook 2025
(S&P Global, 11.Dec.2024) — Analysts at S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the [more…]
Mexico’s Headline Inflation: 4.55% in Nov. 2024
(Fidencio Casillas, Energy Analytics Institute, 9.Dec.2024) — Mexico’s inflation came in at 4.55% in Nov. 2024, down sequentially compared to 4.6% in Oct. 2024, according [more…]
FACT SHEET: Harbour Energy in Mexico
(Harbour Energy, 7.Dec.2024) — Harbour Energy is one of the leading international upstream companies in Mexico, with interests offshore and onshore and comprising all phases [more…]
LatAm NRG Matters: Highlights, Heard for the Week Ended 6 Dec. 2024
(Energy Analytics Institute, 6.Dec.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 6 Dec. 2024. —Argentina: The Minister of [more…]
Sheinbaum Gov’t to Defend Calica Protected Natural Areas
(Fidencio Casillas, Energy Analytics Institute, 5.Dec.2024) — Mexico’s president Claudia Sheinbaum Pardo said her government will defend the Calizas Industriales del Carmen (Calica) area declared [more…]
Oak Creek and Grupo Lybra Form Strategic Alliance in Mexico
(Energy Analytics Institute, 5.Dec.2024) — Oak Creek Wood Products (OCWP) and Grupo Lyrba, involved in Mexico’s recycling industry, entered a strategic alliance to optimize their [more…]
Repsol Exploración México Awards McDermott FEED Contract
(Energy Analytics Institute, 3.Dec.2024) — Repsol Exploración México S.A. awarded McDermott a front-end engineering design (FEED) contract for the Polok and Chinwol field development project [more…]
Sheinbaum Continues Morena Party’s 4th Transformation
MEXICO CITY, MEXICO (Pietro D. Pitts, Energy Analytics Institute, 3.Dec.2024) — The recent election of Morena Party’s Claudia Sheinbaum Pardo to serve as Mexico’s president [more…]
Luca Grants Stock Options to 3 Executives
(Energy Analytics Institute, 2.Dec.2024) — Luca Mining Corp.—a diversified Canadian mining company with two 100%-owned producing mines in Mexico—has granted an aggregate of 850,000 incentive [more…]
EAI’s NRGBriefs Nov.2024: GranMorgu iEPCI, Sempra PALNG1, Energy Transfer Ammonia Hub
(Energy Analytics Institute, 30.Nov.2024) — Energy briefs as well as others related to finance and projects during Nov. 2024 including Woodside Energy saying work on [more…]
LatAm NRG Matters: Highlights, Heard for the Week Ended 29 Nov. 2024
(Energy Analytics Institute, 29.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 29 Nov. 2024. —Argentina: YPF has put [more…]
Pemex Seeks to Maintain Liquids Production
(Fidencio Casillas, Energy Analytics Institute, 29.Nov.2024) — A key feature of the business plan for state-owned Pemex during the sexenio of Mexico’s president Claudia Sheinbaum [more…]
Pemex Denies “Freezing” Contracts with Service Providers
(Energy Analytics Institute, 28.Nov.2024) — Petróleos Mexicanos (Pemex), in response to local media reports, said it is not “freezing” contracts with service providers. Pemex said [more…]
Trump’s 25% Tariff to Impact GM, Stellantis and Ford
(Piero Stewart, Energy Analytics Institute, 27.Nov.2024) — A plan by US president-elect Donald Trump to impose a 25% tariff on Mexican imports into the US [more…]
Pemex Credit Metrics Continue to Weaken, Moody’s Warns
(Pietro D. Pitts, Energy Analytics Institute, 27.Nov.2024) — The credit metrics for state-owned Petróleos Mexicanos or Pemex (B3 negative) continue to weaken, according to Moody’s [more…]
Sheinbaum Responds to Trump, Comments on Tariff War
(Pietro D. Pitts, Energy Analytics Institute, 26.Nov.2024) — Mexico’s President Claudia Sheinbaum Pardo responded to accusations made by US president-elect Donald Trump about Mexico regarding [more…]
New Fortress Updates on Financing for $2.7bn
(Energy Analytics Institute, 26.Nov.2024) — New Fortress Energy Inc. completed the first of two steps of its $2.7bn issuance of new senior secured notes due Nov. [more…]
Mexican Firms Tap AWS Partners for Cloud Transformation
(Energy Analytics Institute, 26.Nov.2024) — Demand for AWS services is growing in Mexico as enterprises in many industries move workloads to the cloud to take [more…]
Mexico Alters its Laws and Removes Chinese Parts
(AP, 23.Nov.2024) — Mexico has been taking a bashing lately for allegedly serving as a conduit for Chinese parts and products into North America, and [more…]
LatAm NRG Matters: Highlights, Heard for the Week Ended 22 Nov. 2024
(Energy Analytics Institute, 22.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 22 Nov. 2024. LATIN AMERICA AND THE [more…]
Golden Minerals Closes Yoquivo Project Divestment
(Energy Analytics Institute, 22.Nov.2024) — Golden Minerals Company closed on the sale of its Yoquivo gold-silver project located in Chihuahua State, Mexico. The buyer, Advance Metals [more…]
“LatAmNRG Matters” Podcast: Mexico Business Forum’s Roberto Salinas León
MEXICO CITY, MEXICO (Pietro D. Pitts, Energy Analytics Institute, 20.Nov.2024) — Mexico Business Forum head Roberto Salinas León spoke with Pietro D. Pitts—for his Podcast [more…]
Sheinbaum Targeting 2.3% Economic Growth for Mexico
(Energy Analytics Institute, 20.Nov.2024) — Mexico’s President Claudia Sheinbaum Pardo said the country’s economy would expand by 2.3%. “We are estimating economic growth of around [more…]
Sheinbaum Proposes Reforestation Fund at G20 in Rio de Janeiro
(Energy Analytics Institute, 18.Nov.2024) — At the G20 Leaders Summit in Rio de Janeiro, Brazil, Mexico’s President Claudia Sheinbaum proposed establishing a fund to finance the [more…]
LatAm NRG Matters: Highlights, Heard for the Week Ended 15 Nov. 2024
(Energy Analytics Institute, 15.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 15 Nov. 2024. —Argentina: The Argentine govt [more…]
CFE Readies for Tropical Storm Sara
(Energy Analytics Institute, 15.Nov.2024) — The Federal Electricity Commission (CFE) said it has specific plans for emergency response, of which the priority is to establish [more…]
Mexico to Present Long-term Pemex Plan
(S&P, 14.Nov.2024) — Mexico’s new government is expected Nov. 13 to present its long-term plan for Pemex as it prepares to modify the state oil [more…]
Trion Development Cuts First Steel for Fabrication of FPU
(Energy Analytics Institute, 14.Nov.2024) — Australian energy giant Woodside Energy announced the start of steel fabrication for the semi-submersible floating production unit (FPU) for its [more…]
