Mexico

Braskem Idesa said Thursday it had partially restored operations at the Etileno XXI polyethylene complex in Mexico’s Veracruz state. In December, Mexico natural gas system operator Cenagas canceled the company’s access to pipeline natural gas supply, forcing Braskem Idesa to shut down Etileno XXI, the largest petrochemicals operation in Latin America.  The Etileno plant uses…

Mexican state oil company Petróleos Mexicanos (Pemex) reported natural gas production of 3.68 Bcf/d in November 2020, down from 3.87 Bcf/d during the same month in 2019.  The figure includes production with joint-venture (JV) partners. Production from fields operated solely by Pemex fell to 3.6 Bcf/d from 3.78 Bcf/d, the national oil company said. Natural…

The June midterm elections in Mexico, set to be the country’s largest single-day election in its history, could either stall or advance President Andrés Manuel López Obrador’s state-centric energy sector platform. The election would see the entire lower house being voted in, as well as numerous gubernatorial, state legislature and mayoral races. Wins for his…

New regulation over the permitting process involved in the importing and exporting of fuels in Mexico published in the country’s Official Gazette on Dec. 26 could prove harmful to competition in the Mexican energy sector. Mexico’s Comisión Federal de Competencia Económica (Cofece), the federal economic competition commission, published a statement last week warning the rules…

New regulation over the permitting process involved in the importing and exporting of fuels in Mexico published in the country’s Official Gazette on Dec. 26 could prove harmful to competition in the Mexican energy sector. Mexico’s Comisión Federal de Competencia Económica (Cofece), the federal economic competition commission, published a statement last week warning the rules…

Private firms operating in the Mexican upstream oil and gas sector have maintained their commitment to the country despite the impacts of coronavirus and have even upped exploratory activity this year. This is according to a panel of experts who spoke during a virtual event last week organized by the #WeTweetEnergy group, an online community…

“Based on my day-to-day experience dealing with clients and different actors in the energy sector, I think the main concern in the industry is that the rules established for private investment are respected,” said Graciela Álvarez Hoth, CEO of risk management and energy consultancy firm NRGI Broker, who has more than 30 years of experience…

France’s Total SE has joined Sempra Energy subsidiaries Sempra LNG and Infraestructura Energética Nova (IEnova) in developing Mexico’s first natural gas export project. Total management said Tuesday the company now holds a 16.6% equity share of the Energía Costa Azul (ECA) liquefied natural gas (LNG) project set for Ensenada in Baja California on Mexico’s Pacific…

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…