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Oil & Gas
Oil Settles up 3%, Boosted by Mexican Oil Rig Outage, U.S. Vaccine Approval
Oil prices rose 3% on Tuesday, supported after Mexico suffered a large production outage due to a fire on an oil platform and also by full U.S. regulatory appro
Oil & Gas
Eni Cheers New Oil Find Offshore Mexico
Italian oil company Eni has made an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deep water of the Cuenca Sal
Oil & Gas
Shell Greenlights Gulf of Mexico 'Whale' Oilfield Project
Royal Dutch Shell announced plans on Monday to develop a new oilfield in the Gulf of Mexico, its first major project to get the go-ahead since a Dutch court ord
Oil & Gas
Lukoil to Operate Offshore Area 4 Project in Gulf of Mexico
PJSC LUKOIL announced the entry into an agreement to acquire the 50% operator interest in the Area 4 project in Mexico through the acquisition of the operator’
Energy Economy
Mexico to Create State-Owned LPG Company
Mexico is working to create a state-owned company that will distribute LPG at a "fair price" using state-owned Pemex supply to compete with the private-sector,
Solar
Mexico to Move Ahead on $100 million Sonora Solar Project
Mexico is moving forward with a solar energy project in the northern state of Sonora to provide cheap electricity to the Baja California Peninsula, one of the c
Oil & Gas
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
Video
Video Shows Fire in Gulf of Mexico After Gas Pipeline Rupture
Mexico's state-owned oil company said Friday it suffered a rupture in an undersea gas pipeline in the Gulf of Mexico, sending flames boiling to the surface in t
Oil & Gas
Environmentalists Slam Mexico After Underwater Oil Rig Fireball in Gulf
Mexico’s state-owned oil company said Friday that an undersea gas pipeline ruptured near a drilling platform in the Gulf.
Oil & Gas
BP Starts up Manuel Project in Deepwater Gulf of Mexico; 20,100 boe/d
bp announced the safe start-up of the Manuel project in the US Gulf of Mexico, the fourth of five major projects expected to be delivered globally in 2021.
Geothermal
Geothermal Power Plant Adds Mitsubishi Power’s TOMONI Intelligent Digital Solutions To Improve Efficiency And Reliability
TOMONI™ intelligent digital solutions at Domo de San Pedro Geothermal Power Station monitor, analyze and model data to optimise the thermodynamic cycle and mi
New Energy Vehicles
General Motors to Make Electric Cars in Mexico from 2023
The automaker, known as GM, already makes electric vehicles at four locations in the United States and Canada
Oil & Gas
Mexico Complying with Opec+ Deal: Energy Minister
Mexico is "complying" with its commitment to Opec+ with crude production just below its target
Wind Power
Acciona Supports Banco Santander’s Carbon Neutrality Target Through Its Oaxacas Wind Farm in Mexico
With this transaction, ACCIONA is contributing to Banco Santander’s goal of becoming carbon neutral in 2020 by offsetting approximately half of the entity’s o
Energy Economy
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.
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