Oil & Gas Journal - As the US debates exporting more natural gas from new liquefaction along the East and Gulf coasts, gas exports to Mexico in the past 3 years have doubled. Natural gas production in Mexico has declined 11 percent, says a Barclays report.Energy
Mitsubishi to build 50 MW power plant for CFE
JCN Newswire - Mitsubishi Heavy Industries, Ltd., jointly with Mitsubishi Corp., has received a full turnkey order from Comision Federal de Electricidad (CFE) to build a 50 MW geothermal power generation plant at its Los Azufres III power station.
Panasonic builds smart living project in Baja California
Asahi Shimbun - Panasonic Corp. has introduced model housing in Indonesia and Mexico that efficiently manages energy usage in the homes in a demonstration of next-generation smart living. The Mexico pilot project is in Baja California.
Mexico OKs non-hydraulic oil extraction
UPI - Mexico is giving the go-ahead to U.S. Chimera Energy Corp. to deploy its new non-hydraulic shale oil extraction technology in its Chicontepec Basin. The technology is seen as a game-changing method of extracting hydrocarbons from shale.
Petrofac wins contract for offshore oil area
ShareCast - Oil and gas services firm Petrofac said it had won a contract to develop the Arenque contract area, offshore Mexico. The Arenque field is currently producing around 5,000 barrels per day.
Pemex submits $26 billion budget for 2013
Reuters - Mexican state-run oil giant Pemex has submitted its proposed budget for 2013 to the finance ministry and expects to get funding of 340 billion pesos ($26 billion), newspaper El Universal reported on Thursday.
in.reuters.com/article/2012/08/23/mexico-pemex-budget-idINL2E8JN34F20120823
Campesinos win victory in fight against Parota dam
World War 4 Report - After nearly 10 years of struggle, Mexican campesinos fighting to protect their lands from the planned La Parota hydro-dam on the Río Papagayo won a victory with the Aug. 16 signing of the "Cacahuatepec Accords."
www.ww4report.com/node/11421
Mexico moving ahead with $8 billion pipeline expansion
Chron.com - Mexico is pressing ahead with an $8 billion expansion of the country's 5,500-mile natural gas pipeline system, focusing on central and northern industrial cities. it intends to fuel that network with U.S. natural gas.
Mexico tells group to report Pemex irregularities
Latin America Herald Tribune - Mexico's Environment Secretariat sais the Basel Action Network should report the alleged irregularities in the sale of two ships by Petroleos Mexicanos, or Pemex, to scrap yards in Pakistan and Bangladesh.
Oil climbs on worries about Mexico, Mid-East supplies
Associated Press - Oil rose above $94 per barrel for the first time since May on Tuesday, buoyed by hopes for economic stimulus and worries about supply disruptions. Traders waited to see if a tropical storm could affect Mexico’s crude production.
www.washingtonpost.com/business/oil-hovers-near-92-in-asia-ahead-of-key-weekly-us-crude-supply-data/2012/08/07/e482a554-e067-11e1-8d48-2b1243f34c85_story.html
Pemex to grant Arenque contract in three weeks
Reuters - Mexican state oil monopoly Pemex plans to directly assign the rights to drill its offshore Arenque oil field to a private contractor sometime in the next three weeks. Last month's auction failed to award the Arenque field.
in.reuters.com/article/2012/07/30/mexico-oil-idINL2E8IUCYR20120730
