Reuters - The vast Ku Maloob Zaap oil field is the jewel in the crown of Mexico's oil industry, pumping one in every three barrels of crude the country produces. But behind the luster, Pemex quietly expects a gloomier future for the aging field.Energy
Mexico's solar power capacity might treble this year
Bloomberg - Mexico’s photovoltaic capacity could treble this year driven by the richest households and the first large-scale plants, according to the head of its solar lobbying group.
www.bloomberg.com/news/2013-03-05/mexico-s-solar-power-capacity-may-treble-this-year.html
Sempra changes Mexico unit name to Nova Energy
Sentido Comun - Sempra Mexico, the Mexican subsidiary of Sempra Energy in San Diego, said its parent company agreed to change its name to Nova Energy Infrastructure, which did not disclose the reason for the name change.
Obama official touts energy ties to Mexico
Washington Times - A senior Obama administration official voiced optimism about the growing economic relationship between the U.S. and Mexico, stressing that energy sector ties between the two nations have “enormous potential for progress.”
www.washingtontimes.com/news/2013/feb/28/energy-links-seen-boosting-us-ties-mexico/
Sempra hopes to raise $500 million with Mexico IPO
Bloomberg - Sempra Energy plans to raise at least $500 million in an initial public offering of its Mexico business, two people with direct knowledge of the sale said. The company’s IPO would mark the first energy company offering in Mexico.
www.businessweek.com/news/2013-02-28/sempra-said-to-seek-at-least-500-million-in-mexico-offering
Pemex chief hails Mexico as "new Middle East"
Financial Times - Mexico's Pemex chief Emilio Lozoya says shale gas production will spur manufacturing resurgence and make the hemisphere the world's "new Middle East."
www.ft.com/intl/cms/s/0/5dbc2e8e-80d8-11e2-9c5b-00144feabdc0.html#axzz2M71ZES7l
Guadalajara housing project goes solar
UPI - A housing project in Guadalajara is going solar with help from Mississippi's Solar America Corp., an innovator in the cost-saving technology. The Los Conejos housing project is under construction in Tonola, a suburb of Guadalajara.
www.upi.com/Science_News/Technology/2013/02/25/Mexico-housing-project-goes-solar/UPI-68101361828166/
Pipeline will take Eagle Ford gas to Mexico
My SA - A new pipeline project will help move Eagle Ford Shale natural gas into Mexico's growing energy market. Houston-based NET Midstream announced it will build a 124-mile pipeline to transport natural gas from the Eagle Ford Shale region to the Mexican border.
www.mysanantonio.com/business/article/Pipeline-will-take-Eagle-Ford-gas-to-Mexico-4301351.php
Spot LNG shipment headed to Manzanillo
Bloomberg - Mexico might receive a spot cargo of liquefied natural gas from Peru today, Friday, according to ship- tracking data. The Ribera Del Duero Knutsen is scheduled to arrive at Manzanillo LNG terminal on Mexico’s west coast.
www.bloomberg.com/news/2013-02-22/mexico-may-get-spot-peru-lng-as-ship-arrives-at-manzanillo.html
Mexico again is mired in debate over oil
IPS - Oil, the symbol of modern Mexico, is once again stirring up local political waters, with turbulent debates on the fate of the state-owned oil monopoly and conflicts over the privatisation of key economic and strategic areas.
Shell exec says energy reforms needed to lure investment
Reuters - The legal framework governing Mexico's state-run energy sector will require major changes if the country is to boost production and attract significant private investment, a top official for oil major Royal Dutch Shell said.
www.reuters.com/article/2013/02/14/us-mexico-pemex-idUSBRE91D06P20130214
