Energy

Energy

Senate OKs energy reform, sends bill to lower house

Reuters - Mexico's Senate on Wednesday signed off on an energy bill that aims to lure private capital into the state-run oil and gas industry in the biggest shake-up since a 1938 nationalization, sending it to the lower house for debate and final approval.

http://www.reuters.com/article/2013/12/11/mexico-reforms-senate-idUSL1N0JP12Y20131211

Lawmakers near deal on energy sector overhaul

Wall Street Journal - Mexico's government and the main opposition party have agreed on most of the crucial details of a legislative bill to carry out a deep overhaul to the country's nationalistic energy laws, according to lawmakers close to the negotiations.

http://online.wsj.com/news/articles/SB10001424052702304096104579240621955060120

Big Oil to get Brazil-like terms in Mexico

Bloomberg - Global oil majors from Exxon Mobil Corp. to Chevron Corp. are about to get the clearest indication yet of how far Mexican lawmakers will go to lure them into the largest unexplored crude area after the Artic Circle.

http://www.businessweek.com/news/2013-12-03/mexico-parties-said-to-agree-to-sovereign-fund-with-energy-bill

Mexico eyes Argentina oil deal, Pemex expansion

UPI - Mexico is hoping a reconciliation between Argentina and Spanish oil major Repsol will lead to a Mexican entry in Argentina's lucrative energy sector and improve chances of its own development, analysts said.

http://www.upi.com/Business_News/Energy-Resources/2013/12/03/Mexico-eyes-Argentina-oil-deal-Pemex-expansion/UPI-11061386117902/

Energy reforms taking shape behind barricades

Financial Times - Shielded behind barricades three metres high, Mexico’s Senate is preparing to begin its debate on shaking up the country’s energy sector, even as opponents call on their supporters to “blockade” the building from Wednesday morning.

http://www.ft.com/intl/cms/s/0/6a018810-5c01-11e3-b4f3-00144feabdc0.html#axzz2mVrcUqJf

Pemex likely to probe deal in Vaca Muerta

Reuters - Mexico's state-run oil monopoly Pemex will likely discuss a potential stake in Argentina's massive Vaca Muerta shale deposit next month, a member of the company's board said on Wednesday.

http://www.reuters.com/article/2013/11/28/pemex-ypf-oil-idUSL2N0JD00X20131128

China and Mexico roll out carbon trading schemes

BusinessGreen - Efforts in China and Mexico to boost investment in low carbon goods and services took a major step forward with the unveiling of three new carbon trading schemes. China extended its pilot schemes to Beijing and Shanghai.

http://www.businessgreen.com/bg/news/2309437/china-and-mexico-roll-out-carbon-trading-schemes

Pemex CEO criticizes Repsol chairman's pay

Reuters - The chief executive of Mexico's state-run oil monopoly Pemex on Wednesday criticized the compensation paid to the chairman of Spain's Repsol as excessive, amid a tussle over the handling of a dispute involving Argentina.

http://www.reuters.com/article/2013/11/20/us-pemex-repsol-idUSBRE9AJ1F720131120

U.S. natural gas imports grew 24% in 2012

Oil & Gas - Natural gas imports into Mexico from the U.S. — its largest supplier — increased 24 percent to 1.69 bcfd in 2012, according to data from the US Energy Information Administration.

http://www.ogj.com/articles/2013/11/us-natural-gas-exports-into-mexico-to-continue-growth.html

Eagle Ford pipeline project moves forward

My SA -  A new pipeline project to move Eagle Ford Shale natural gas into Mexico's growing energy market has received its presidential permit. Houston-based NET Mexico Pipeline Partners got the OK from the Federal Energy Regulatory Commission on Nov. 8.

http://www.mysanantonio.com/business/eagle-ford-energy/article/Eagle-Ford-pipeline-moves-forward-for-delivery-to-4986345.php

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