Bloomberg - Comision Federal de Electricidad, Mexico’s state utility, will buy 18 spot cargoes of liquefied natural gas cargoes for delivery over the next 18 months from Trafigura. The utility paid an average price of $15.84 per million btu for the cargoes.
IPS - A group of Mexican citizens are preparing the first civil lawsuit in the Mexican courts against British oil company BP for the 2010 Gulf of Mexico oil spill. The plaintiffs are bringing the class action under a 2011 reform of the Mexican constitution.
FuelFix - The United States continues to be Mexico’s main trading partner for energy products - more than $65 billion in energy trade in 2012 and 13 percent of overall trade between the two countries. Mexico is the third-largest exporter of crude oil to the U.S.
Gulf Times - Mexico is stepping up imports of liquefied natural gas (LNG) as rising demand, falling domestic output and pipeline bottlenecks for cheap US imports force it to pay at least four times more for added supplies.
Reuters - Despite having some of the world’s biggest shale gas reserves, Mexico imports about a third of its gas needs and, in the absence of major reform, risks further dependence on outside energy supplies, the country’s energy minister said Wednesday.
American Public Media - Analysts say conversation between Presidents Pena Nieto and Obama will likely turn to oil and gas reserves in Mexico. Twenty years after Nafta, Mexico’s oil reserves remain closed to U.S. investment, but that might soon be changing.
Reuters - Mexico's Pemex said it is seeking to take a controlling stake in a Spanish shipyard with a view to building specialized tankers for the state oil monopoly, as well as to help speed up the modernization of Pemex's fleet.
The Telegraph - BP said that since March 6 it had been named as a defendant "in more than 2,200 additional civil lawsuits brought by individuals, corporations and government entities," understood to be Mexico, and warned that "further actions are likely..."
4Traders - Solar America Corp.has executed a Memorandum of Understanding with Habitables Innca, the principal contractor for the San Nicolas housing project in Guadalajara. Solar America will be the exclusive provider of solar power and solar lighting solutions for the project.
PVTech - Mexico's lower house has approved amendments to the renewable energy bill aimed at promoting rooftop PV at public schools. Installations at schools in rural communities will also have the opportunity to sell surplus energy to the rest of the municipality.