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Mexico
Oil&Gas Drilling
PTTEP Makes New Oil Discovery Offshore Mexico
PTTEP and its joint venture partners made two successful deep-water oil discoveries in Block 29, offshore Mexico, with good quality reservoirs. Commercial poten…
Oil Price
5 Reasons Why Mexico's Oil Industry Is Destined For Disaster
Mexico has somewhat inadvertently found itself at the heart of the oil industry’s most burning issues of 2020.
Oil & Gas Trade
Shell Delays Decisions on Deepwater Projects Amid Oil Price Rout
Shell has delayed a decision on whether to proceed with two large oil and gas development projects in the gulf of Mexico and the north sea.
Crude Oil
Mexico's President Fears The Economic Consequences As Oil Prices Go Negative
Mexico will try to reduce spending with additional austerity measures amid the coronavirus pandemic and the oil price collapse, but it will not dismiss governme…
Solar Company
SunPower Idles All Solar Cell and Module Assembly Plants
SunPower has closed all its manufacturing plants in the United States, Mexico, France, Malaysia and the Philippines.
Crude Oil
Mexico’s Offshore Oil Investment Set To Plunge Despite Government Pledges
Demand for offshore equipment and services is set to drop by an average of 14 percent through 2025, according to the analysts.
Solar Power Plant
EDPR Signs 200MW Solar Power PPA in Mexico
Renewable energy company EDP Renováveis (EDPR) has signed a power purchase agreement (PPA) with Mexico-based electricity supplier Ammper Energía.
Coal-Fired Power Plants
New Mexico Weighs Plans to Replace Coal-Fired Power Plant
“If we don’t ask them to do that, there’s no one else out there to do it,” he said, urging his fellow commissioners to “give that careful thought” before …
Oil Pipeline
Shell Restarts US Offshore Oil Hub After Pipeline Leak
Royal Dutch Shell Plc resumed production of 100,000 barrels a day Tuesday at its Perdido deepwater center in the U.S. gulf of Mexico.
Oil Price
Mexico's Secret Weapon in the Oil Price War
As Mexico and Saudi Arabia fight over a deal to bring the oil-price war to an end, Mexico has a powerful defense: a massive Wall Street hedge shielding it from …
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…
Oil & Gas Trade
Here Is The "Secret Weapon" That Allowed Tiny Oil Producer Mexico To Defy Giant Saudi Arabia
Mexico's annual spending on its hedge with Wall Street banks is shown in the chart below.
Oil & Gas Trade
Trump Confirms U.S. Will Help Mexico Out With Production Cuts
U.S. President Donald Trump on Friday confirmed that the United States would “help Mexico along” in achieving the production requests that OPEC+ has asked it …
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…
103-mwp Solar Power Project In Mexicos Ojocaliente Municipality, Zacatecas State
The company signed the deal with Techgen SA de CV, which owns and operates a combined cycle power plant, producing electricity for the manufacturing plants in M…
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