Urges

In the next five years, Mexican oil monopoly Petroleos Mexicanos (Pemex) needs to spend up to $33 billion on exploration and production activities or its crude and natural gas production could decline by as much as one third, forcing the country to become more of an importer than an exporter, according to the company’s director. Mexico currently is the seventh largest oil producer in the world, and is one of the top three exporters to the United States.

The general director of Mexico’s oil and gas monopoly Petroleos Mexicanos (Pemex) said last week that while he supports more private investments in certain sectors to make the country’s energy resources more efficient, the oil and gas industry will remain under government control. Raul Munoz Leos agreed that Mexico faces energy problems unless changes are made, but said the country can get from here to there without privatization.

The general director of Mexico’s oil and gas monopoly Petroleos Mexicanos (Pemex) said last week that while he supports more private investments in certain sectors to make the country’s energy resources more efficient, the oil and gas industry will remain under government control. Raul Munoz Leos agreed that Mexico faces energy problems unless changes are made, but said the country can get from here to there without privatization.

New York should add at least 10,000 MW of new, more efficient and environmentally-friendly generation capacity within five years, the Business Council of New York State Inc. (BCNYS) recently told the state’s energy planning board. BCNYS believes that additional capacity should be the focus of New York’s revised energy plan, according to Council President Daniel Walsh. BCNYS is made up of thousands of member firms, including hundreds of chambers of commerce and professional and trade associations.

A California gubernatorial candidate and current secretary of state, Bill Jones, Thursday told major power generators and marketers they need to make some changes in how they do business in the state, or face the possible wrath of the state voters next year with an anti-electric industry ballot measure.

New York should add at least 10,000 MW of new, more efficient and environmentally-friendly generation capacity within five years, the Business Council of New York State Inc. (BCNYS) recently told the state’s energy planning board. BCNYS believes that additional capacity should be the focus of New York’s revised energy plan, according to Council President Daniel Walsh. BCNYS is made up of thousands of member firms, including hundreds of chambers of commerce and professional and trade associations.

Canadian producers traveled to Ottawa last week to try shaking the Canadian capital out of its largely passive approach to the supply “crisis” threatening the continent, and “make energy resource development a national priority.”

Canadian producers traveled to Ottawa last week to try shaking the Canadian capital out of its largely passive approach to the supply “crisis” threatening the continent, and “make energy resource development a national priority.”

The California Independent System Operator’s (Cal-ISO) claim that market power has inflated wholesale energy costs in the state by more than $6.2 billion since last May (see NGI, March 26) should be rejected because the figure came from a report that was approved by the organization’s illegally formed governing board, contends Williams Energy Marketing and Trading.