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Caribbean Refinery Is Back in Business
Wednesday, February 03, 2021Limetree Bay Refining in St. Croix, U.S. Virgin Islands, has successfully resumed operations.
Petrobras Extends FPSO Contract with BW Offshore
Tuesday, June 09, 2020BW Offshore has received an extension agreement for the BW Cidade de Sao Vicente FPSO vessel from Petrobras.
Shell Seeks Bigger Share of Mexico's Fuel Market
Thursday, January 09, 2020Royal Dutch Shell Plc is seeking a bigger share of Mexico's fuel market, even as regulatory changes make it harder for foreign companies to compete.
Mexico Plan to Divert Gas Pipeline Reignites Concerns
Tuesday, January 07, 2020Mexico's move to divert a TC Energy Corp. gas pipeline from indigenous lands is reigniting concerns over the future of energy projects in the country.
Mexico's Growing Fuel Market Just Got Less Competitive
Wednesday, December 18, 2019Two rules designed to facilitate private investment in the energy sector were rolled back this week.
Brazil Terminal Project Advances
Tuesday, November 26, 2019Construction is set to start next year on a greenfield private terminal in Itapemirim, Brazil.
AMLO Says Pipeline Deal to Save $4.5B
Tuesday, August 27, 2019Mexico President Andres Manuel Lopez Obrador said that a deal has been reached with three firms over natural gas pipeline contracts.
AMLO Dreams of a New Refinery for Mexico
Friday, July 26, 2019Mexico's future energy minister was looking for inspiration two years ago when she toured the world's largest refining complex, a 7,500-acre maze of industrial plants and pipes in India.
Peru LNG Facility Hits Milestone
Thursday, July 04, 2019Okra Energy's small-scale natural gas liquefaction facility in Peru that applies the company's technology has achieved an LNG milestone.
Mexico LNG Project Clears US Hurdle
Monday, April 01, 2019Sempra Energy's Energia Costa Azul LNG subsidiary has won two key authorizations from the US Department of Energy.
Venezuelan Oil Shipments to US Skid to a Halt on Sanctions
Thursday, March 21, 2019American refiners looking to replace the lost Venezuelan oil aren't likely to find any solace from OPEC.
India Becomes Top Buyer of Venezuelan Oil
Monday, February 18, 2019Meanwhile, shipments to Venezuela's long-time ally China have slowed down.
AMLO Doubles Down to End Fuel Theft after PEMEX Explosion
Monday, January 21, 2019Mexico President Andres Manuel Lopez Obrador is doubling down on a controversial strategy to end fuel theft.
Mexico Fuel Sellers Said to Seek Pemex Alternative
Friday, January 11, 2019Private gasoline retailers are scrambling for alternatives to state-owned Pemex to supply their service stations in Mexico that are running out of fuel.
Petchems-focused Firm Becomes Offshore Operator
Monday, December 31, 2018The Iguana platform installation with a well services rig. SOURCE: Proman Group
AMLO Earmarks $23B to Boost National Oil Industry
Monday, December 17, 2018Mexican President Andres Manuel Lopez Obrador is boosting Pemex's budget to $23 billion next year to reverse flagging oil production and increase domestic fuel output.
Mexico to Build an $8 Billion Refinery
Monday, December 10, 2018Mexico plans to start awarding the construction of its seventh refinery as soon as March 2019.
Pemex Refineries Operating at Lowest Level in Almost 3 Decades
Thursday, November 29, 2018Petroleos Mexicanos' refineries are operating at the lowest level in almost three decades.
Total May Source LNG from Louisiana and Baja Projects
Monday, November 05, 2018Sempra and Total have signed an MOU that could boost the companies' North American LNG collaboration.
Gasoline Retailers Face Supply Shortage Due to Mexico Fuel Theft
Thursday, November 01, 2018BP Plc and Total SA are among international gasoline retailers that are facing a supply shortage in Mexico.
Data, Source: Mexico's State-Run Pemex Pauses Light Crude Exports
Friday, August 31, 2018Pemex has not exported light crude since May, according to a source and export data seen by Reuters.
Trinidad Oil Union To Call General Strike If Refinery Shuts Down
Thursday, August 30, 2018OWTU threatens a general strike if the island's government does not rescind a decision to shut down the country's lone oil refinery.
PDVSA to Resume Use of Caribbean Oil Terminal Under NuStar Deal
Tuesday, August 21, 2018NuStar had suspended PDVSA several times since 2017 from using its St. Eustatius facility over millions of dollars in missed payments.
Panama, US To Sign Pact To Expand Regional Access To LNG
Friday, August 17, 2018Panama and US to sign an agreement aimed at paving the way for more private investment to expand the importation and distribution of US LNG in Latin America.
Lopez Obrador Seeks To Boost Mexico Oil Output To 2.5 MMbpd From 1.9 MMbpd
Friday, July 27, 2018Mexican 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, 2018A new natural gas pipeline in northern Mexico should provide needed takeaway capacity for Permian producers.
TransCanada Celebrates Mexico Pipeline Start-up
Wednesday, July 18, 2018The 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, 2018Mexico'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, 2018Mexichem 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, 2018Curacao, 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, 2018etrobras 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, 2018PDVSA 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, 2018Three 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, 2018Petrobras has also unveiled a model for future partnerships in refining.
Mexico's IEnova To Invest $130MM In Baja California Fuel Terminal
Thursday, April 12, 2018IEnova 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, 2018Pemex 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, 2018Industry 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, 2018Pemex reports a nearly $18 billion fourth-quarter loss.
Mexico Front-Runner Sees 'No Drastic Change' in Oil Opening Plan
Wednesday, February 21, 2018Key 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, 2018Analyst tells Rigzone 10 projects experiencing 'some sort of delays.'
Low US Natgas Stocks, Pipe Delays May Hamper Exports To Mexico
Monday, February 12, 2018Unusually 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, 2018The 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, 2018Pemex 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, 2018The 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, 2017Mexico'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, 2017ExxonMobil 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, 2017Pemex 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, 2017Mexico 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, 2017Despite decent demand, power prices in Texas have been weighed down by a confluence of things.
Total Expands Presence in Mexico
Thursday, October 12, 2017Mexican service station group makes retail deal with Total.