More than two decades ago, the U.S. natural gas pipeline industry was restructured to provide open access to shippers. Anyone who missed it might want to head down to Mexico to witness something of a reprise — and perhaps make a few pesos, too.
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Mexico Midstream Restructuring Not Unlike That in U.S.
More than two decades ago, the U.S. natural gas pipeline industry was restructured to provide open access to shippers. Anyone who missed it might want to head down to Mexico to witness something of a reprise — and perhaps make a few pesos, too.
Mexican Government Lends Hand to Pemex
The Mexican government said Wednesday it would provide a liquidity boost to national oil company Petroleos Mexicanos (Pemex) with a 73.5 billion peso (US$4.2 billion) infusion, according to news reports.
Mexican Government Lends Hand to Pemex
The Mexican government said Wednesday it would provide a liquidity boost to national oil company Petroleos Mexicanos (Pemex) with a 73.5 billion peso (US$4.2 billion) infusion, according to news reports.
Moody’s: Pemex Credit Weakening; Government Might Step In
Petroleos Mexicanos’ (Pemex) credit metrics will worsen as oil prices remain low, production continues to drop, taxes remain high, and the company cuts capital spending to meet its budgetary targets, a Moody’s Investors Service analyst said in a ratings downgrade announcement for the national oil company.
Sempra Seeks Guaranteed Port Arthur LNG Pacts, More Mexican Investments
While acknowledging today’s choppy waters in global liquefied natural gas (LNG) markets, San Diego-based Sempra Energy senior executives on Friday said they are aggressively seeking final long-term agreements for a proposed joint venture LNG export facility at Port Arthur, TX, and work building more energy infrastructure in Mexico.
Sempra, Pemex Respond to Mexican Regulators’ Antitrust Concerns
San Diego-based Sempra Energy said Monday that its Mexican subsidiary and Mexico’s national energy company, Petroleos Mexicanos (Pemex), will push ahead to salvage the unit’s buyout of Pemex’s 50% interest in a joint venture.
Revamped, Profitable Pemex Goal of Mexico’s Energy Reforms
Political leaders in Mexico have been busy reforming the country’s energy markets to attract more private investment, but a revolution of sorts also has been taking place in state-owned Petroleos Mexicanos (Pemex), which is being totally reorganized, a Mexico-based energy consultant told an industry conference in Los Angeles Tuesday.
Sempra Mexico Unit Acquires Pemex Joint Venture Shares for $1.3B
San Diego-based Sempra Energy’s multi-billion-dollar portfolio in Mexico got even bigger Friday with its unit south of the border buying joint venture (JV) interests of Petroleos Mexicanos (Pemex) in three natural gas pipelines, an ethane pipeline, and liquid petroleum gas (LPG) pipeline and storage facilities for $1.325 billion, plus assumption of $170 million of net debt.
Pemex Reports Natural Gas, Oil Discoveries in Shallow GOM Waters
Four discoveries in the shallow waters of the Gulf of Mexico (GOM) could yield up to 170 MMcf/d of natural gas and 200,000 b/d of crude oil within two years, the chief of Mexico’s Petroleos Mexicanos (Pemex) said.