Reuters - Mexican authorities arrested 39 employees of state-run oil monopoly Pemex while they were stealing oil from its Salamanca refinery in the central state of Guanajuato, the firm said on Tuesday.
Bloomberg - Infraestructura Energetica Nova, or Ienova, the Mexican unit of natural-gas utility Sempra Energy, led gains in the country’s benchmark IPC index after winning a pipeline contract from the government-controlled energy company.
BBC - At least four people have been killed and three injured in a gas explosion in the central Mexican state of Puebla, officials say. It is not yet clear what caused the blast at the natural gas storage plant at the Chachapa industrial park.
Straits Times - Keppel AmFels, a U.S.-based unit of Keppel Offshore & Marine, has won a contract in Mexico to build a jackup rig worth $240 million. The rig, ordered by Mexican firm Perforadora Central, is scheduled to be delivered in the fourth quarter of 2015.
Reuters - Mexico's plan to become the first major oil-producing emerging economy to introduce a carbon tax has a problem: It clashes head-on with the government's ambitions to lower the cost of electricity and boost energy output.
Forbes - Mexico’s oil sector is set to begin a radical transformation. How big could these oil reforms be for Mexico’s economy? “This will be the most significant change in Mexico’s economic policy in 100 years,” says Duncan Wood of the Woodrow Wilson Center.
Dow Jones - U.S. energy companies are turning to Mexico as they struggle to find uses for the glut of natural gas that has depressed domestic prices for the fuel. Pipelines are carrying twice as much natural gas to Mexico as they did in 2010.
Bloomberg - President Enrique Pena Nieto’s plan to reduce state-owned oil producer Petroleos Mexicanos’s tax burden while giving it first rights on prospects is enriching investors with Mexico’s biggest bond-market gains.
Reuters - Mexican state power utility CFE said on Monday it had declared force majeure late last week on imports into the Manzanillo liquefied natural gas (LNG) terminal after Hurricane Manuel damaged TransCanada's Guadalajara pipeline.
Bloomberg - Former Mexican President Felipe Calderon is spearheading a study sponsored by seven countries into the economics of climate change, seeking to set out the benefits of reducing carbon emissions.