Energy

Energy

Mexico braces for protests in Pemex reform

International Business Times - As Mexico gets ready to reform its vast energy sector, the biggest step of which is the privatization of oil giant Pemex, the government is bracing for a wave of protests from unhappy workers.

www.ibtimes.com/mexico-gets-ready-pemex-reform-amid-fear-demonstrations-opposition-asks-public-referendum-1363347

Opinion: Mexico's obsolete oil nationalism

Bloomberg - Mexico’s belief in the sanctity of state control over energy has set the country’s oil business back several decades. Despite widespread agreement that something needs to be done to revamp the oil business, how to do it is a touchy subject.

www.bloomberg.com/news/2013-07-23/mexico-s-obsolete-oil-nationalism.html

Failed auction shows need for Pemex reform

Dow Jones - What if you held an auction and there were no bidders for half of the assets? That's what happened to Mexico's state-owned oil monopoly — Pemex — last week when it opened the bidding for production at six exploration sites in the Chicontepec basin.

online.wsj.com/article/SB10001424127887324348504578609882936424460.html

Conservatives propose "deep" energy reform

Reuters - Leaders of Mexico's opposition conservatives unveiled an outline for a market-friendly energy reform Thursday, saying it would lure billions of dollars in private investment to the country's struggling oil and gas sector.

www.reuters.com/article/2013/07/19/us-mexico-energy-idUSBRE96I02020130719

EGP gets two clients for wind farm project

Recharge - Italian developer Enel Green Power has nailed down two power purchase agreements with Delphi Automotive and Banamex worth $485 million for its 100 MW Dominca wind farm in the central Mexican state of San Luis Potosi.

www.rechargenews.com/wind/americas/article1332651.ece

Mexico aims to cut emissions from housing

Thomson Reuters Foundation – Mexican policymakers, who see cutting residential emissions as essential have turned to a so-called Eco House program that offers buyers of newly built homes increased comfort and energy cost savings.

www.trust.org/item/20130627090122-c2lxt

White House opposes pact with Mexico on drilling

The Hill - The White House said Tuesday that it opposes House legislation to implement a 2012 administration pact with Mexico on Gulf of Mexico drilling cooperation, citing “unnecessary, extraneous provisions that seriously detract from the bill.”

thehill.com/blogs/e2-wire/e2-wire/307769-white-house-cannot-support-house-us-mexico-drilling-bill

Enel Green Power gets funds for Oaxaca wind project

Recharge - Italian renewables developer Enel Green Power has tied up a $100 million loan from BBVA to help finance planned investments in Oaxaca, where the company currently has almost 200 MW of capacity, including wind and hydro installations.

www.rechargenews.com/wind/americas/article1330671.ece

PAN announces energy overhaul program

EFE - Mexico's conservative opposition National Action Party, or PAN, said it had come up with an "extraordinarily cutting-edge" energy-sector overhaul plan, although it refrained from providing any details on the proposal for the time being.

www.globalpost.com/dispatch/news/agencia-efe/130620/mexicos-pan-announces-cutting-edge-energy-overhaul-proposal

Pemex names bidders for oil auction

Reuters - Spanish oil company Repsol and China's Sinopec are among the 16 energy firms and consortia that have qualified for next month's auction of six blocks in Mexico's Chicontepec basin, state-run oil monopoly Pemex said on Tuesday.

www.reuters.com/article/2013/06/19/mexico-pemex-idUSL2N0EU2AR20130619

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