Entries by admin

Boom in American Liquified Natural Gas Is Shaking Up the Energy World

From NYTimes / By CLIFFORD KRAUSSOCT. 16, 2017 “HOUSTON — A shale gas drilling boom over the last decade has propelled the United States from energy importer to exporter, taking the country a giant leap toward the goal of energy independence declared by presidents for half a century.” “Now the upheaval of the domestic energy […]

This Unexpected Move Could Derail Mexico’s Oil Boom

From Oilprice.com / By Tsvetana Paraskova / Oct 08, 2017, 4:00 PM CDT “Just as Mexico’s oil industry was starting to get off the ground with foreign players entering, Mexico is throwing a wrench in the works with its consideration of new regulations that could turn off private interest for its significant oil reserves.” “This […]

Sproule Enters Mexico’s Oil and Gas Market

From BoeReport / October 10, 20176:30 AM BOE Report Staff CALGARY, AB, CANADA – October10, 2017 – “Sproule, a leading global energy consulting firm, is pleased to announce the hire of Marcos y Asociados to provide local business development support in Mexico broadening Sproule’s ability to support Mexico’s oil and gas industry.” ““Marcos y Asociados elevates […]

Mexico’s Election Next Year Poses No Risk For Oil Contracts

From Oil and Gas Investor / Reuters / Monday, October 2, 2017 – 8:26am “Presidential elections in Mexico next year pose no risk to already-signed oil contracts, the sector’s top regulator said on Sept. 29, despite the current frontrunner’s pledge to review them.” “To date, some 70 E&P contracts have been inked with several dozen […]

BHP Gearing Up to Start Drilling for Oil in Mexico’s Deep Waters

From Bloomberg / By Adam Williams / 2 de octubre de 2017 14:09 GMT-5 “BHP Billiton Ltd. is getting closer to drilling its first oil wells in Mexico’s deep waters.” “The Australian mining giant, which last year won rights to partner with state-owned Pemex in the Gulf of Mexico’s Trion field, hopes to have a […]

Oil & Gas Sector in Mexico: Comisión Nacional de Hidrocarburos Announces Petróleos Mexicanos Invitation to Bid for Ayín-Batsil Farmout

From JDSUPRA.com / by Shearman &Sterling LLP, co-author: Ana María Alpízar “On September 18, 2017, the Mexican government, through the Comisión Nacional de Hidrocarburos (National Hydrocarbons Commission or “CNH”), commenced an international tender process to grant the right to enter into a license agreement in partnership with the productive state-owned enterprise PEMEX Exploración y Producción, […]

Forex – Mexico Flows: MXN back to 17.75. Recovering from earthquake impact

From fxmarketalerts.com / 11:17 (GMT) 20 Sep “MXN is back to 17.75 after sell off in the aftermath of early afternoon earthquake that caused loss of life and building collapses in the capital and southern cities. The economic impact for the economy does not seem to be large to impact the currency which is back to […]

Mexico’s CENAGAS to auction 2.3 Bcf/d of capacity on US cross-border pipelines

From Platts / Calgary / 7 Sep 2017 503 pm EDT/2103 GMT “Mexico’s National Gas Control Center will auction 2.3 Bcf/d of capacity across five US cross-border pipelines on behalf of state electricity utility CFE on September 10.” “The capacity of the pipelines will be auctioned under a one-year contract starting October 1 and running […]

China’s Cnooc Looks for Gulf of Mexico Oil Partners

From Bloomberg / By Adam Williams and Aibing Guo/ 15 de septiembre de 2017 9:48 GMT-5 15 de septiembre de 2017 12:52 GMT-5 “Cnooc Ltd. is searching for partners to develop oil prospects deep into the Gulf of Mexico as the Chinese giant extends its global reach.” “After bidding alone for exploration rights in Mexico’s first-ever deep-water auction […]

NAFTA Talks Called Opportunity to ‘Lock In’ Mexican Energy Reforms, U.S. Gas Trade

From Naturalgasintel.com / Peter de Montmollin / September 11, 2017 “The North American Free Trade Agreement (NAFTA) renegotiations are an opportunity to update the 1994 treaty so that it reflects changes in Mexico’s oil and natural gas sector and deepened ties to Canada and U.S. energy markets, according to analysts.” ““North American energy markets have […]