Energy
Pemex denies any accounting irregularity
Fox News Latino - Mexico's state-owned oil monopoly Petroleos Mexicanos has denied any accounting irregularity after a congressional oversight body said it had identified a possible $30 billion fraud.
latino.foxnews.com/latino/politics/2012/05/09/mexico-pemex-says-no-irregularities-in-accounts/
Alpek rues lack of energy reforms in Mexico
Dow Jones - Mexico's biggest petrochemicals company, Alpek, says falling natural gas prices in North America was key in deciding to list the company separately on the stock market, while the lack of energy reforms is holding the domestic industry back.
Pemex 1st quarter profit rises to $2.6 billion
Dow Jones - Mexico's state-owned oil company Petroleos Mexicanos, or Pemex, said Wednesday that its net profit rose in the first quarter to 33.9 billion pesos ($2.6 billion) compared with 1.5 billion pesos in the year-ago period, mostly on higher oil prices.
Firm applies to import radioactive waste from Mexico
Associated Press. — A waste management company has applied to the U.S. government for a license to import up to 500 tons of radioactive waste from Mexico to south-central Washington, where the waste will be incinerated and the resulting ash returned to Mexico.
Capacity study reveals CO2 storage far into future
Energy Efficiency News - The US, Canada and Mexico have unveiled a map of potential carbon storage capacity across the continent that reveals that there is at least 500 years’ worth of geologic storage for CO2 from industrial sources or power plants.
Mexico mulls privatizing oil sector
UPI - Mexico is considering privatizing some of its oil sector for the first time since a nationalization campaign began in 1938. Pemex board member told Bloomberg News that a "taboo" has been broken on privatization.
IPO drought ends as Alpek seeks $851 million
Bloomberg - Alpek, Mexico’s largest privately owned petrochemical company, is planning the nation’s biggest ever initial public offering, ending a nine-month lull in new listings.
www.businessweek.com/news/2012-04-25/mexico-s-ipo-drought-ends-as-alpek-seeks-record-851-million
Ener-G completes landfill-gas-to-power project
Bloomberg - Ener-G Holdings, a U.K. renewable-energy developer, completed Mexico’s first plant that captures and converts landfill gases into electricity that’s sold to a Nissan Motor Co. factory in Aquascalientes.
www.bloomberg.com/news/2012-04-24/ener-g-completes-mexico-s-first-landfill-gas-to-power-project.html
U.S. eager to work with Mexico on Gulf oil
UPI - The White House is working with lawmakers on legislation needed to work with the Mexican government on oil reserves in shared waters. U.S. Department of Interior Secretary Ken Salazar said a bill is being formed on an transboundary agreement.
YPF seizure has fallout in Spain, Mexico
Dow Jones - Collateral damage from Argentina's move to seize oil company YPF has spread to key shareholders of its Spanish parent, Repsol YPF, raising the stakes for Spain's government and dragging Mexico into the spat.
online.wsj.com/article/SB10001424052702303513404577353270766816312.html
