Mexico's Pemex to work with EPA to bring down methane emissions:
reuters.com/business/sustainable-business/mexicos-pemex-work-with-epa-bring-down-methane-emissions-2022-11-12/
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| Last Updated | Nov 13 22 |
| Total Articles | 4 |
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Mexico’s Sheinbaum Says Her Pemex Debt Refinancing Plan Includes New Ventures: Petroleos Mexicano’s debt refinancing should go hand-in-hand with a plan for the ...
bloomberg.com/news/articles/2024-04-22/new-ventures-part-of-sheinbaum-s-plan-for-pemex-debt-refinancing
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Mexico Elections: Claudia Sheinbaum Sees Pemex Refinancing Debt in 2025: Mexico’s leading presidential candidate Claudia Sheinbaum said she expects Petroleos ...
bloomberg.com/news/articles/2024-04-20/mexico-s-frontrunner-sees-pemex-refinancing-debt-in-2025
Paid articlePaidQuick Glance: Claudia Sheinbaum to Assess Mexican Army's Role in Companies
- Mexico's leading presidential candidate Claudia Sheinbaum plans to evaluate the military's role in the corporations placed under its control by President Andres Manuel Lopez Obrador.
- Sheinbaum also discussed the National Guard during a banking convention in Acapulco, suggesting it should be moved under the Defense Ministry. She emphasized that this did not automatically make the Guard a military institution.
- AMLO, known for expanding the military's power and reach, leaving it richer and bigger than ever, may pose challenges for Sheinbaum if she wins the presidency.
- Sheinbaum highlighted that the growth in construction over the past six years was a result of the army and private companies involved in projects like the Maya Train.
Mexico's Galvez says Pemex should focus on exploration, consider geothermal business
reut.rs/3JplLpd
Mexico oil firm Pemex's debt with suppliers rises 17.3% in March: Mexican state oil producer Pemex's debt with suppliers rose 17.3% month-on-month in March to ...
reuters.com/business/energy/mexico-oil-firm-pemexs-debt-with-suppliers-rises-173-march-2024-04-22/
Mexico's Pemex reports fire at offshore platform, nine workers injured: Mexico's state energy company Pemex said on Saturday that a fire broke out at one of its ...
reuters.com/world/americas/mexicos-pemex-reports-fire-offshore-platform-two-employees-injured-2024-04-07/
Quick Glance: Fire Incident at Pemex Offshore Platform: 9 Workers Injured
- Pemex reported a fire incident on a platform in the Gulf of Mexico, resulting in nine workers being injured.
- Two of the injured individuals are Pemex employees, while seven are from external companies.
- The fire originated in the area of the Akal B platform where gas pipelines are situated.
- Videos and photographs depict smoke plumes captured from boats in proximity to the platform.
Exclusive: Mexican Pemex crude output reduced by 20,000 bpd after platform fire, source says
reut.rs/3TMtYZg
Exclusive: Mexico to cut at least 330,000 bpd of crude exports in May, sources say
reuters.com/business/energy/mexico-cut-least-330000-bpd-crude-exports-may-sources-say-2024-04-08/
Quick Glance: Mexico Plans Significant Cut in Crude Exports for May
- Mexico's state energy company, Pemex, is planning to cut at least 330,000 barrels per day of crude exports in May.
- These cuts are due to the lowest crude production in 45 years and the increasing demand from domestic refineries.
- The new Dos Bocas refinery port is expected to need an average of about 179,000 barrels of crude oil per day.
- The reduced export volumes could amount to between 10 and 14 million barrels, and although monthly cuts are expected, Pemex's trading arm has not declared force majeure on supply contracts.
Mexico's presidential front-runner aims to cut oil refinery waste, advisor says: Mexico's presidential front-runner Claudia Sheinbaum plans to invest in ...
reuters.com/markets/commodities/mexicos-presidential-front-runner-aims-cut-oil-refinery-waste-advisor-says-2024-04-04/
Quick Glance: Ambitious Plans to Reduce Fuel Waste in Mexico's Oil Refineries
- Claudia Sheinbaum, Mexico's promising presidential candidate, intends to invest in Pemex's state-owned oil refineries to decrease the production of low-value fuels and instead enhance the production of motor fuels.
- The six local refineries collectively have a capacity of processing 1.6 million barrels per day. Nonetheless, they processed an average of 945,000 barrels per day in the first two months of this year.
- Rehabilitating the obsolete domestic refineries was part of Pemex's investments under President Andrés Manuel López Obrador. The Dos Bocas refinery, with a capacity of 340,000 barrels per day, is operational but does not yet yield finished fuels.
- Aligned with a shift from fossil fuels to renewable energy sources, Sheinbaum's plan envisions production to reach around 1.8 million barrels per day of crude oil and condensate, despite limited large reserves.
Mexico's Pemex to hand over natural gas project to business magnate, El Heraldo columnist says
reuters.com/business/energy/mexicos-pemex-hand-over-natural-gas-project-business-magnate-el-heraldo-2024-04-18/
US imports of Mexican crude fall to lowest on record, EIA says: U.S. weekly imports of Mexican crude oil fell to the lowest on record in the early April ...
reuters.com/markets/commodities/us-imports-mexican-crude-lowest-record-eia-says-2024-04-10/
Quick Glance: US Imports of Mexican Crude Hit Record Low
- U.S. weekly imports of Mexican crude oil hit a record low in early April as Mexico's Pemex cut exports to supply more to domestic refineries.
- Imports dropped to 209,000 barrels per day (bpd) in the week ended April 5, compared to an average of about 733,000 bpd in 2023.
- Pemex's export reductions led to an increase in U.S. imports from Saudi Arabia to compensate for the shortage in Mexican crude.
- Prices for heavy crude oil along the U.S. Gulf Coast have risen in recent weeks, partly due to the decline in Mexican exports.
Crude output at Mexico's Pemex slumps to more than four-decade low: Mexican state energy company Pemex said its crude oil production in February hit its lowest ...
reuters.com/markets/commodities/crude-output-mexicos-pemex-slumps-more-than-four-decade-low-2024-03-26/
Quick Glance: Crude output at Mexico's Pemex drops to over four-decade low
- Mexican state energy company Pemex reported its lowest monthly crude oil production in 45 years in February, falling short of the goals set by outgoing President Andres Manuel Lopez Obrador.
- Pemex pumped an average of 1.55 million barrels per day in February, the lowest since 1979, well below the targeted 1.9 million bpd.
- The highly indebted company has seen production decline steadily from its peak of 3.4 million bpd two decades ago due to aging oil fields and insufficient new discoveries.
- Despite government efforts to support Pemex, described as a 'rescue' by the administration, experts note that the unprecedented spending has not led to increased production as anticipated.
Exclusive: Mexico's Pemex to cancel up to 436,000 bpd of crude exports in Apr -document
reuters.com/markets/commodities/mexicos-pemex-cancel-up-436000-bpd-crude-exports-apr-document-2024-04-02/
Quick Glance: Mexico's Pemex Cancelling up to 436,000 bpd of Crude Exports in April
- Pemex has requested the cancellation of up to 436,000 barrels of crude oil exports per day to prepare for processing domestic oil at the new Olmeca refinery.
- The government plans to start processing crude at the Dos Bocas refinery this year to reduce the country's reliance on foreign gasoline and diesel supplies.
- The cancellations will decrease exports of Mexico's flagship Maya crude by 122,000 bpd, Isthmus by 247,000 bpd, and Olmeca by 67,000 bpd.
- It is unclear if more cargo cancellations will occur after April, but the availability of Maya crude is dwindling and unlikely to be resolved soon.
Exclusive: Mexico's Pemex put off repairs despite vast methane leaks: documents and sources
reuters.com/business/environment/mexicos-pemex-put-off-repairs-despite-vast-methane-leaks-documents-sources-2024-03-22/
Quick Glance: Mexico's Pemex Delays Repairs Leading to Significant Methane Leaks
- Pemex postponed urgent repairs at a crucial offshore platform, resulting in methane emissions.
- New data reveals recent methane leaks from the platform in the Gulf of Mexico.
- Engineers have urged the replacement of faulty parts and immediate repairs.
- Scientists have linked flares and methane emissions, highlighting environmental concerns.
The Azalea Festival, and more from around the world: Moving, surprising, inspiring, terrifying, shocking ... This is a selection of images from our planet ...
dailymaverick.co.za/article/2024-04-19-the-azalea-festival-and-more-from-around-the-world/
Mexico's Pemex bids for more favorable financing rates with sustainability plan: Mexican state energy company Pemex hopes to access financing at more favorable ...
reuters.com/business/energy/mexicos-pemex-bids-more-favorable-financing-rates-with-sustainability-plan-2024-03-25/
Pemex chief rejects criticisms of debt-laden oil group: CEO hits back at rating agencies and investors for calling the Mexican state company a ‘bottomless ...
ft.com/content/708cf2d4-2dab-4750-8a0e-9ee0714a2718
Ex-Pemex manager sought 'cash register' of bribes from Vitol trader -trial evidence
reuters.com/markets/commodities/ex-pemex-manager-sought-cash-register-bribes-vitol-trader-trial-evidence-2024-02-06/
Quick Glance: Netanyahu Rejects Hamas Ceasefire, Pursues Total Victory
- Netanyahu says total victory in Gaza is within reach, rejecting the latest offer from Hamas for a ceasefire to ensure the return of hostages.
- He renews a pledge to destroy the Palestinian Islamist movement, insisting that total victory is the only solution to the Gaza war.
- Hamas had proposed a ceasefire of four-and-a-half months, during which all hostages would go free and Israel would withdraw its troops from the Gaza Strip.
- A Hamas delegation would travel to Cairo on Thursday to pursue ceasefire talks with the mediators Egypt and Qatar.
Exclusive: Pemex platform in Mexico leaked clouds of methane even after UN alert, data shows
reut.rs/3w7upVT
Mexico orders expropriation of Air Liquide plant at Pemex oil refinery
reut.rs/49vvdCa
Quick Glance: First Argentine Saint Unites Pope Francis and Milei
- Argentine Catholics celebrate Pope Francis' 10th anniversary at Basilica de Lujan in Buenos Aires.
- Pope Francis will canonize Maria Antonia de Paz y Figueroa, known as 'Mama Antula'.
- Former critic, Argentine President Javier Milei, will attend the ceremony.
- Milei will also meet Italy's President and Prime Minister after visiting Israel and the Vatican.
Pemex, Mexico City Inspecting Water Contamination, AMLO Says: Mexico’s state oil company Petroleos Mexicanos, in conjunction with the government of Mexico City ...
bloomberg.com/news/articles/2024-04-11/pemex-mexico-city-investigating-water-contamination-amlo-says
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Mexico’s Oil Output Dips Amid Field Challenges: Mexico's oil production is declining, mainly from the Ku offshore and Quesqui terrestrial fields ...
riotimesonline.com/mexicos-oil-output-dips-amid-field-challenges/
Pemex Details Plan Targeting Drastic Emissions Cut: Mexico’s state oil company laid out a plan Monday to drastically cut emissions, improve safety standards and ...
bloomberg.com/news/articles/2024-03-25/pemex-details-major-esg-plan-as-investors-await-results
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Wall Street Breakfast Podcast: Mexico's Pemex Shifts Crude Exports As Global Supplies Tighten
seekingalpha.com/article/4681690-wall-street-breakfast-podcast-mexicos-pemex-shifts-crude-exports-as-global-supplies-tighten
Paid articlePaid AMLO Celebrates Oil Takeover Anniversary With Vow to Back Pemex: Mexico President Andres Manuel Lopez Obrador said the nation will continue to support state oil ...
bloomberg.com/news/articles/2024-03-18/amlo-celebrates-oil-takeover-anniversary-with-vow-to-back-pemex
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$1.4M grant will help Louisiana farmers reduce nutrient runoff that threatens wildlife
theadvocate.com/baton_rouge/news/environment/grant-to-cut-farm-nutrient-runoff-aimed-at-gulf-dead-zone/article_6416f951-862c-56ce-b770-5c46816dbb0b.html
California man first in U.S. charged with smuggling potent greenhouse gases: He's accused of smuggling HFCs in refrigerants into the U.S. from Mexico and selling ...
axios.com/2024/03/05/california-man-smuggling-greenhouse-gases-charge
Claudia Sheinbaum's Energy Policy: Mexico Candidate Vows to Cap Pemex Output
bloomberg.com/news/articles/2024-03-18/mexico-s-sheinbaum-vows-to-cap-pemex-output-boost-green-energy
Paid articlePaidQuick Glance: Sheinbaum's Strategy: Strengthening Mexico's Energy Sector
- Presidential candidate Claudia Sheinbaum has pledged to strengthen the country's state-owned energy companies and accelerate the transition to renewable energies.
- Sheinbaum aims to increase crude oil production to 1.8 million barrels per day and enhance refinery efficiency to reduce the country's reliance on costly fuel imports.
- She emphasized that her government would not raise the prices of gasoline, diesel, or electricity and stressed the need to meet the growing energy demand through renewables.
- Furthermore, Sheinbaum expressed the desire for both Pemex and CFE to maintain a 'reasonable' level of debt and ultimately operate for the benefit of consumers.
Bank of Mexico Cuts Interest Rate After Three Years: On Thursday, March 21, the Bank of Mexico (Banxico) announced a key interest rate cut ...
riotimesonline.com/bank-of-mexico-cuts-interest-rate-after-three-years/
Challenges for Mexico’s Economy: Pemex and Droughts: Mexico's economy might grow by 2.4 percent in 2024. Yet, it faces hurdles from the Pemex and severe ...
riotimesonline.com/challenges-for-mexicos-economy-pemex-and-droughts/
Pemex ESG Plan Promises to Reach Net Zero Emissions By 2050: Mexico’s state oil company is promising to slash greenhouse gas emissions to reach net zero by 2050 ...
bloomberg.com/news/articles/2024-03-14/pemex-esg-plan-promises-to-reach-net-zero-emissions-by-2050
Paid articlePaid Pemex CEO Lashes Out at Moody’s, Echoing Diehard Bond Bulls: It didn’t take Octavio Romero, the chief executive of Petroleos Mexicanos SA ...
bloomberg.com/news/articles/2024-02-28/pemex-ceo-lashes-out-at-moody-s-echoing-diehard-bond-bulls
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Pemex approves emissions plan: Petroleos Mexicanos (Pemex) has approved a sustainability plan through 2030 that includes reducing methane emissions by 30% ...
thestar.com.my/business/business-news/2024/03/08/pemex-approves-emissions-plan
Exclusive: Mexico's Pemex, Carlos Slim team met to discuss deepwater gas project -sources
reut.rs/3ILhNXL
Pemex Approves Sustainability Plan to Cut Methane Leaks: Petroleos Mexicanos approved a sustainability plan through 2030 that includes reducing methane emissions ...
bloomberg.com/news/articles/2024-03-05/pemex-approves-emissions-plan-opening-door-to-esg-investors
Paid articlePaid Mexico Sees Lowest Oil Production in a Year as 2024 Begins: At the start of 2024, Mexico experienced its lowest oil production in twelve months ...
riotimesonline.com/mexico-sees-lowest-oil-production-in-a-year-as-2024-begins/
Mexico’s Pemex Gets Tax Relief in Presidential Decree: Mexico’s government exempted state-owned Petroleos Mexicanos from a series of taxes for a period of four ...
bloomberg.com/news/articles/2024-02-13/mexico-s-pemex-gets-tax-relief-in-presidential-decree
Paid articlePaid Pemex Bonds Fall After Moody’s Downgrade Underscores Debt Angst: Bonds of Petroleos Mexicanos declined on Monday after Moody’s Investors Service downgraded the ...
bloomberg.com/news/articles/2024-02-12/pemex-bonds-fall-as-moody-s-downgrade-underscores-debt-angst
Paid articlePaid Mexico’s Next President Will Inherit Oil Giant's $106 Billion Debt: Mexico’s state-owned Pemex faces most bond maturities until at least 2050
trib.al/PX41XE6
How to Tackle Pemex, the World’s Most Indebted Oil Company: Mexico's next leader must tackle Pemex's $106 billion debt, impacting both national and ...
riotimesonline.com/how-to-tackle-pemex-the-worlds-most-indebted-oil-company/
Mexico and Venezuela Sign Energy Partnership: Representatives from Mexico's Petróleos Mexicanos (Pemex) and Venezuela's Petróleos de Venezuela S.A ...
riotimesonline.com/mexico-and-venezuela-sign-energy-partnership/
Pemex’s Dos Bocas to Reach Full Production By End of March: CEO: Petroleos Mexicanos’ Dos Bocas refinery will begin producing commercial fuel in the coming weeks ...
bloomberg.com/news/articles/2024-01-20/pemex-s-dos-bocas-to-reach-full-production-by-end-of-march-ceo
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