Regional News: Latin America

 
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Pemex Says $8B More In Government Aid Could Be On Its Way
Friday, April 29, 2016 Mexico is doing everything it can to salvage its cash cow, and the next step may be to reimburse the oil giant for $8 billion in pension liability savings.

Mexico's Pemex Posts Narrower First Quarter Loss
Thursday, April 28, 2016 Mexican national oil company Pemex reports a 62 billion peso ($3.6 billion) loss in the first quarter, less than last year as a lower tax burden helped offset a slump in crude prices.

IFC, China-Mexico Fund Invests $200M in Mexico's E&P Firm Citla Energy
Thursday, April 21, 2016 International Finance Corp. and China-Mexico Fund invest $200 million in Mexican independent oil and gas exploration and production company Citla Energy.

Latam Oil Producers May Help Provide Rebalancing That Doha Could Not
Tuesday, April 19, 2016 Latin American crude producers under financial strain may help provide a vehicle for market rebalancing that OPEC members and other oil states failed to deliver at the Doha meeting.

Statoil And Partners Strike Oil Off Brazil
Monday, April 18, 2016 Statoil and partners Repsol and Petrobras strike oil off the coast of Brazil, in a deepwater offshore Campos Basin.

  


Mexico Oil Regulator Sweetens Terms For December Deepwater Auction
Friday, April 15, 2016 Mexico's oil regulator voted to improve the terms for its first-ever deepwater auction in December, giving energy companies and investors more flexibility to structure their bids as oil prices have slumped over the past two years.

Mexico Gives $4.2B Liquidity Boost To Pemex Finances
Wednesday, April 13, 2016 Mexico's finance ministry announced a series of measures to improve national oil company Pemex's ailing finances, giving it a $4.2B liquidity boost.

Mexico Has $13.6 Billion Surplus to Pay Debt, Boost Oil Fund
Monday, April 11, 2016 Mexico will use $13.6B from a central bank surplus to pay down debt and boost its rainy day fund, shoring up finances as it prepares a support plan for Pemex.

TransCanada Wins Mexico Pipeline Auction as Sempra Disqualified
Friday, April 08, 2016 TransCanada Corp. wins rights to develop and operate a natural gas pipeline in central Mexico, beating a subsidiary of Sempra Energy that was disqualified from bidding.

Searcher Working on South Campeche 3D Seismic Reprocessing Project
Thursday, April 07, 2016 Searcher Seismic is working on the South Campeche Ultracube 3D seismic reprocessing project offshore Mexico.