Private equity players BlackRock and First Reserve have agreed to take a 45% stake in the phase two segments of Petroleos Mexicanos (Pemex) Los Ramones Pipeline Project. The pipelines to carry U.S. gas to Mexico would be the first major midstream assets built with foreign capital since the recent reform of Mexico’s energy sector, the partners said.
Mexico
Articles from Mexico
North America Cross-Border Gas Flows Finding Their Rhythm
A new pattern is developing in the natural gas trade across North America, with shale supplies from the United States marching into both Canada and Mexico to an emerging seasonal rhythm.
Continental Gas Trade Shifting Southward to Mexico
Growth in North American natural gas traffic is migrating south to Mexico from Canada, according to the latest trade scorecard of the United States Department of Energy (DOE).
Pemex Considering LNG Export Project on Pacific Coast
Mexican state-owned Petroleos Mexicanos (Pemex) plans to develop a natural gas liquefaction and export terminal on the country’s Pacific Coast.
Sierrita Pipeline Comes Online, Adding to U.S.-to-Mexico NatGas Export Options
Options for natural gas supply heading south of the border just got a lot more plentiful as Kinder Morgan Inc.’s (KM) Sierrita Pipeline, which entered service Friday, became the second U.S.-to-Mexico natural gas pipeline to go into service within a week.
FERC OKs Start for 2.1 Bcf/d Texas-to-Mexico Pipeline
NET Mexico Pipeline Partners LLC Thursday was given a FERC clearance allowing it to place its 2 Bcf/d-plus Texas-to-Mexico natural gas pipeline project in service. The project could be online by Nov. 14, NET Mexico told the Commission.
BHP Eyeing ‘Considerable Opportunities’ in Mexico Under Pemex Agreement
Australia’s BHP Billiton Ltd. has penned a cooperation agreement with Mexico’s Petroleos Mexicanos (Pemex) to exchange technical knowledge, experience and practices for the offshore and onshore. Executives are hoping it will be for the long term.
Mexico Energy Reforms Called ‘Golden Opportunity’ for California
Mexico reforms signed into law in August by President Enrique Pena Nieto are critical steps for the energy sector to welcome an influx of foreign investment, offering a “golden opportunity” for California with its location and historic ties, state energy officials said on Tuesday.
Mexico a Major Cog in Sempra’s Long-Term Growth Plans, CEO Says
Sempra Energy plans to continue to seek a variety of energy development projects in Mexico, given the federal government reforms now unfolding there (see Daily GPI, Aug. 7). The San Diego, CA-based holding company has a well-established foothold south of the border, CEO Debra Reed told financial analysts Thursday.
Mexico’s Energy Sector: Open for Business — to the World
Mexico’s Congress late Wednesday approved long-awaited legislation that opens the country’s energy sector to private investment and is aimed at stimulating oil and gas production in the energy-rich country.