Energy

Energy

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

Mexico nears electoral reform, opening door to energy

Reuters - Accused a generation ago of engineering the "perfect dictatorship," Mexico's ruling party is now close to agreeing on a plan that could weaken the presidency and strengthen Congress in order to win votes for a major energy reform.

http://www.reuters.com/article/2013/11/13/us-mexico-reforms-idUSBRE9AC00H20131113

AMLO warns ExxonMobile off investing in energy

Forbes - Mexican leftist leader Andrés Manuel López Obrador has a message to foreign oil tycoons: investing in Mexico’s oil industry “would be like buying goods without a receipt, something crooked, tantamount to piracy.” 

http://www.forbes.com/sites/doliaestevez/2013/11/12/mexican-leftist-leader-lopez-obrador-warns-exxonmobil-investing-in-mexicos-oil-tantamount-to-piracy/

Business leaders say energy overhaul is urgent need

EFE - Mexico's powerful CCE business federation urged lawmakers to pass an historic energy overhaul without delay, saying the country "can't wait any longer." If congressional approval is delayed, "we Mexicans will continue to pay more for fuel and raw materials,"  CCE's Energy Commission president Jaime Williams Quintero, said.

http://www.globalpost.com/dispatch/news/agencia-efe/131111/business-leaders-say-mexico-energy-overhaul-urgent-necessity

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