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Mexico
Energy Transition

Why Is Mexico’s President So Hostile To Solar Energy Investment?

May 23, 2023 Mariel Alumit

Mexico is one of the best potential locations for solar energy generation in the world. It has great sun with minimal seasonal variability. On paper at least, Mexico is well-positioned to produce competitively priced solar-generated electricity. Over […]

Mexico
Electrical Generation / Utilities

Mexico snares Iberdrola power plants for $6 bln in ‘new nationalization’

April 5, 2023 Mariel Alumit

MADRID/MEXICO CITY, April 4 (Reuters) – The Mexican government has agreed to buy 13 power plants from Spanish energy giant Iberdrola in a deal worth $6 billion, which Mexico’s president hailed as a “new nationalization” […]

Aljazeera International

Four dead in drug-related shooting on Mexico beach in Cancun

April 4, 2023 Mariel Alumit

NewsDrugs A shooting involving suspected drug dealers has killed four people on a beach in Mexico’s popular Caribbean resort of Cancun. The latest outbreak of violence in the city’s hotel zone on Monday came as […]

Finance

Mexico Considering Joining BRICS as Relationship Weakens Under Biden

April 3, 2023 Mariel Alumit

The US dollar is facing a new emerging threat as the BRICS group (Brazil, Russia, India, China, and South Africa) is seeking to add more countries and create an imposing force on the United States’ […]

Exploration and Production

Halliburton to assist Petrobras in stepping up digitalisation and enhancing exploration ops

March 30, 2023 Mariel Alumit

Home Fossil Energy Halliburton to assist Petrobras in stepping up digitalisation and enhancing exploration ops Brazilian state-owned oil and gas giant Petrobras has picked Halliburton’s digital platform to accelerate digital transformation and address subsurface challenges. […]

Crude Oil News

US rakes in $263.8 mln from Gulf of Mexico drilling rights auction

March 29, 2023 Mariel Alumit

​ Gulf offshore drilling operationA U.S. government auction of oil and gas drilling rights in the Gulf of Mexico generated $263.8 million in high bids, the most of any sale in the region for years […]

Exports

Shell and Mexico Pacific sign 20-year LNG sale and purchase agreement

March 27, 2023 Mariel Alumit

Home Clean fuel Shell and Mexico Pacific sign 20-year LNG sale and purchase agreement Energy major Shell Eastern Trading (Shell) and a subsidiary of Mexico Pacific have signed a 20-year sales and purchase agreement for […]

American
Critical Minerals

American company outraged after Mexican military, police seized Caribbean facility: ‘This is insane’

March 27, 2023 Mariel Alumit

The seizure of an American company’s quarry facility in Mexico by the Mexican military and local state police has sparked outrage among former and current government officials, as well as appeals for the Biden administration and the Mexico’s U.S. […]

Crude Oil News

Pemex hands over development plan for giant oil field off Mexico

March 27, 2023 Mariel Alumit

Home Fossil Energy Pemex hands over development plan for giant oil field off Mexico Mexico’s state-owned petroleum company Pemex has submitted a unit development plan (UDP), on behalf of its partners – Wintershall, Talos Energy, […]

Energy Crisis

Businesses Urge Biden to Use ‘Every Tool’ in Mexico Energy Spat

March 12, 2023 Mariel Alumit

​Business groups representing American oil producers, renewable electricity and manufacturers urged the Biden administration to use “every tool available” to push Mexico to address complaints about its nationalist energy policy that the US says violates […]

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