energy-featured
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.
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.
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
Calderon criticizes Argentina's YPF nationalization
Reuters - Mexico's President Felipe Calderon criticized his Argentine counterpart Cristina Fernandez on Monday for planning to seize control of the country's leading energy company YPF.
www.reuters.com/article/2012/04/17/us-argentina-ypf-calderon-idUSBRE83G06R20120417
Acciona wins contract to build Baja power plant
Sentido Comun - Acciona Industrial Engineering, along with Electromechanical Services & Solutions, won a contract for $103.9 million gas turbine power plant in Baja California as part of the Presidente Juarez complex at Rosario Beach.
Two energy firms dropped from fuel theft case
Reuters - Mexico's state oil company Pemex will not be allowed to sue ConocoPhillips and Royal Dutch Shell for allegedly selling fuel stolen by drug gangs, the court in the Southern District of Texas ruled this week.
www.reuters.com/article/2012/04/11/mexico-gas-idUSL2E8FB7NJ20120411
Pemex plan for deepwater drilling sparks concerns
McClatchy Newspapers - Two years after the worst offshore oil spill in U.S. history, Mexico's state oil company is about to test its hand at drilling at extraordinary depths in the Gulf of Mexico. Pemex has no experience drilling at such depths.
www.miamiherald.com/2012/04/03/2729528/mexican-plan-for-gulf-deepwater.html
Analysts say Mexico can hit 3 million b/d of crude
Platts - Independent analysts and industry regulators believe Mexico can once again reach 3 million b/d of crude oil production, so long as red tape can be overcome in contracting the rigs and other services that will need to be hired.
Calderon says Mexico will keep oil state-owned
Bloomberg - Mexico will keep its oil industry state-owned as government-held oil company Petroleos Mexicanos successfully stemmed output declines in aging fields, Mexican President Felipe Calderon said.\
www.bloomberg.com/news/2012-03-18/mexico-will-keep-oil-state-owned-president-calderon-says-1-.html
