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Lopez Obrador Seeks To Boost Mexico Oil Output To 2.5 MMbpd From 1.9 MMbpd
Friday, July 27, 2018 Mexican president-elect Andres Manuel Lopez Obrador said he will look to revamp the nation's six refineries so they are operating at full capacity within two years.
Analyst: New Pipeline in Mexico to Help Relieve Permian Bottleneck
Friday, July 20, 2018 A new natural gas pipeline in northern Mexico should provide needed takeaway capacity for Permian producers.
TransCanada Celebrates Mexico Pipeline Start-up
Wednesday, July 18, 2018 The approximately $1.2B pipeline extends from El Encino, Chihuahua, to Topolobampo, Sinaloa.
Mexico President-Elect Says Fuel Prices To Start Falling In 3 Years
Monday, July 09, 2018 Mexico's president-elect, leftist Andres Manuel Lopez Obrador, says that fuel prices would begin to come down in three years.
Mexichem Agrees to Buy Pemex's Petroquimica Mexicana de Vinilo Stake
Friday, July 06, 2018 Mexichem said it would pay roughly $178.7 million for Pemex's 44.09 percent stake in the company.
Curacao Sees 'Potential Crisis' from Venezuela-Conoco Row
Wednesday, May 09, 2018 Curacao, a small island off the coast of Venezuela, is prepared to purchase refined products on the global market.
Petrobras Is Said to Receive Three Bids for Natural Gas Unit
Friday, April 20, 2018 etrobras has received three bids for a 2,800-mile (4,506 kilometer) natural gas pipeline system, said people knowledgeable on the matter.
PDVSA Cancels Plans to Import US Crude Oil Amid Cash Crunch
Thursday, April 19, 2018 PDVSA was planning to buy 3.5 million barrels of West Texas Intermediate and Domestic Sweet Blend for its Isla refinery in Curacao.
A First for Panama Canal: Three LNG Tankers Crossed in a Day
Thursday, April 19, 2018 Three LNG tankers sailed through the Panama Canal on the same day this week, marking a first for the newly expanded waterway and highlighting the booming global gas trade.
Petrobras Refining Partnership Deals Likely Only in 2019 - CEO
Thursday, April 19, 2018 Petrobras has also unveiled a model for future partnerships in refining.
Mexico's IEnova To Invest $130MM In Baja California Fuel Terminal
Thursday, April 12, 2018 IEnova will invest about $130 million to develop a refined products terminal.
Crude Processing in Mexico up 9 pct at 834,000 bpd - Pemex CEO
Tuesday, April 10, 2018 Pemex is currently processing about 9 percent more crude oil at its domestic refineries than it did in 2017, Chief Executive Officer Carlos Trevino said.
Mexican Candidate's Plan to Build Refineries Raises Eyebrows
Wednesday, February 28, 2018 Industry observers have serious doubts about the Mexican presidential front-runner's plan to build new refineries that could cost $6 to $10 billion.
Mexico's Pemex Posts Nearly $18B 4Q Loss As Output, Refining Dip
Monday, February 26, 2018 Pemex reports a nearly $18 billion fourth-quarter loss.
Mexico Front-Runner Sees 'No Drastic Change' in Oil Opening Plan
Wednesday, February 21, 2018 Key advisers for Mexico's presidential front-runner Andres Manuel Lopez Obrador are united in their message to the country's energy industry: don't worry.
Mexico's Gas Pipeline Woes Yield Binational Challenges
Tuesday, February 20, 2018 Analyst tells Rigzone 10 projects experiencing 'some sort of delays.'
Low US Natgas Stocks, Pipe Delays May Hamper Exports To Mexico
Monday, February 12, 2018 Unusually low US natural gas inventories and delays in new cross-border pipeline capacity could slow exports this year to Mexico.
Official: Panama Canal Expects LNG Tanker Traffic To Rise 50%
Wednesday, February 07, 2018 The number of LNG tankers traversing the Panama Canal is expected to jump 50%.
Pemex Refinery Chief Looks to Deal With Mitsui to Spur Recovery
Friday, February 02, 2018 Pemex is a few months away from closing an agreement for the project with a group led by Mitsui.
Head Of Security At Mexican Refinery Shot Dead
Friday, January 26, 2018 The head of security at one of Mexico's 6 state-run oil refineries was shot dead on Thursday.
A $400 Million Barbecue After Mexican Protesters Dig Up Pipeline
Tuesday, December 19, 2017 Mexico's opening of its energy industry has succeeded in attracting capital, but it's also been beset by territorial or environmental disputes.
ExxonMobil Jumping in to Mexico Fuel Market With First US Cargo
Wednesday, December 06, 2017 ExxonMobil is joining Chevron and other US refiners to supply the newly free Mexico fuel market.
Sources: Mexico's Pemex Declares Force Majeure On Isthmus Crude Oil
Wednesday, November 29, 2017 Pemex declares force majeure on the loading of Isthmus crude, two sources with knowledge of the matter say.
Mexico Outlay Jumped 21% to $1.25 Billion for Biggest Oil Hedge
Tuesday, October 31, 2017 Mexico spent about $1.25 billion to lock in prices of oil exports for next year, according to Finance Ministry data.
Gadfly: Texas' Power Producers Are Caught in a Mexican Standoff
Thursday, October 26, 2017 Despite decent demand, power prices in Texas have been weighed down by a confluence of things.
Total Expands Presence in Mexico
Thursday, October 12, 2017 Mexican service station group makes retail deal with Total.
IEnova Ups Stake in Major Mexican Natural Gas Pipeline
Friday, October 06, 2017 IEnova's indirect stake in the project known as Ramones II North will increase to 50 percent from 25 percent.
Mexico's Pemex Sees Salina Cruz Refinery Restart 3rd Week of Oct
Thursday, September 28, 2017 Located on Mexio's Pacific coast, Salina Cruz is the country's largest refinery.
Mexico's Pemex Sees Salina Cruz Refinery Restart Third Week October
Wednesday, September 27, 2017 Pemex says it expected its Salina Cruz refinery to resume operations by the third week of October, after a series of natural disasters kept the facility offline.
Mexico's Pemex Says Gasoline, Diesel Supplies Guaranteed
Thursday, September 21, 2017 Pemex says its installations suffered no significant damage from an earthquake.
Dominican Republic Shuts Most Ports Ahead Of Hurricane Maria
Wednesday, September 20, 2017 Dominican Republic closed most of its ports ahead of Hurricane Maria, the government says.
Quake, Blackout, Breakdowns Cripple Mexico's Refinery Capacity
Friday, September 15, 2017 Mexico's drivers may pay more for fuel after a power failure hit a second refinery the same week that the strongest earthquake in more than a century shut the nation's biggest plant.
Buckeye Targets Normal Operations At Bahamas Oil Terminal On Tuesday
Tuesday, September 12, 2017 Buckeye Partners LP said it aims to resume normal operations its Bahamas crude oil and fuel terminal after Hurricane Irma rampaged through the Caribbean.
Mexico's Pemex Says Refinery Electrical System Damaged By Quake
Tuesday, September 12, 2017 Pemex says that it soon expects to repair turbogenerators damaged at its refinery near the epicenter of last week's massive earthquake.
Mexico's Pemex Delays Starting Salina Cruz Refinery After Quake
Monday, September 11, 2017 Pemex has not yet restarted its Salina Cruz refinery due to aftershocks following last week's huge earthquake that struck off southern Mexico,
NuStar's St. Eustatius Terminal Damaged By Irma, No Restart Date Set
Thursday, September 07, 2017 Nustar Energy's oil terminal in the Caribbean island of St. Eustatius suffered damage to several tanks and other equipment due to Hurricane Irma.
Hurricane Irma Worsens Latin America's Fuel Supply Crunch
Thursday, September 07, 2017 Monster Hurricane Irma has shut down oil terminals across the northern Caribbean, worsening a fuel supply crunch in Latin America.
Shell Opens First Mexico Gas Station, Eyes Up To $1B Investment
Tuesday, September 05, 2017 Shell opens its first gas station in Mexico, adding to a growing list of foreign-branded pumps.
Mexico's Pemex Says Fuel Supply Guaranteed Despite Harvey
Monday, August 28, 2017 Pemex said that Mexico's gasoline and diesel supplies were "guaranteed" despite the closure of Texan refineries that supply Latin American markets.
PDVSA Negotiating Curacao Refinery Lease, Open to China Partner
Friday, August 25, 2017 PDVSA has operated the refinery for decades, but the cash-poor company has been reluctant to invest in it.
Pemex Carries Out Major Maintenance Work At Ciudad Madero Refinery
Thursday, August 24, 2017 Pemex sais it is undertaking substantial maintenance work at its Ciudad Madero refinery.
Glencore, Chevron Enter Mexico's Recently Opened Fuel Market
Thursday, August 17, 2017 Chevron and trading firm Glencore announced separate plans to enter Mexico's fuel market.
Glencore To Start Importing Fuel For Mexico In February
Thursday, August 17, 2017 Glencore expects to start importing fuel for Mexico's domestic market in February 2018.
Novum Completes First Sale of Imported Diesel to Mexican Retailer
Monday, August 14, 2017 US-based trading firm Novum Energy said it has completed its first sale of imported ultra-low sulfur diesel to a Mexico-based fuel retailer.
Tesoro Signs Deal with Pemex to Enter Mexico
Wednesday, July 19, 2017 The Texas-based refiner that will soon be called Andeavor will supply fuels in Mexico's Sonora and Baja California states.
Court Orders PDVSA to Allow Sale of Oil at Sovcomflot's Request
Tuesday, July 18, 2017 The court action suggests even political allies of Venezuela such as Russia are losing patience with PDVSA's payment delays.
Pemex Terminates Odebrecht Refinery Contract Amid US Probe
Tuesday, July 11, 2017 Pemex last month terminated a 1.8 billion peso ($100 million) contract with Odebrecht SA amid a probe by the U.S. Justice Department.
Sources: Pemex Declares Force Majeure On Maya Crude From Pacific Coast
Wednesday, June 28, 2017 Pemex has declared force majeure over at least two cargoes of Maya crude to be loaded at its Salina Cruz terminal.
Mexico's Pemex Sees Restart of Salina Cruz Refinery on July 30
Friday, June 23, 2017 The Pacific coast refinery is Mexico's biggest, with a daily processing capacity of 330,000 barrels of crude oil.
Mexico Seen Importing More US Gasoline With Top Refinery Out
Wednesday, June 21, 2017 Mexico is expected to increase imports from the US with Pemex's biggest refinery out of service for at least two weeks.