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Braskem will not renegotiate its ethane supply contract with Pemex

The firm does not plan to renegotiate a 20-year contract to supply ethane to Pemex, but is open to discussing alternatives with the new government.

 

Thursday, November 15th, 2018
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Competition is growing rapidly

Pemex monopoly is slowly fading away. To date, the firm competes with 56 new players that have arrived to the Mexican market. The development of these and more stories in our periodic Retail summary.

 

Thursday, November 15th, 2018
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Sempra Energy joins the Baja California LNG project

The firm signed a contract with Frances’s Total (NYSE:TOT) and Japan’s Mitsui and Tokyo Gas to work on the new liquefied Natural Gas (LNG) project.

 

Wednesday, November 14th, 2018
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Foreign investment to the rescue

Authorities confirmed that despite large investments in the Madero refinery, the facility is still not working properly. Will foreign firms save the day? The development of these and more stories in our periodic Infrastructure summary.

 

Wednesday, November 14th, 2018
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The Sur Texas-Tuxpan pipeline

The Sur Texas-Tuxpan pipeline

The lack of infrastructure in the energy sector is one of the most important challenges to overcome in Mexico since the opening of the market. Mexican authorities have awarded several infrastructure projects in recent years and companies continue to bring good news on this topic.

Wednesday, November 7th, 2018
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Wells committed in oil auctions move at a slow pace

The National Hydrocarbons Commission (CNH) carried out an analysis of the commitments acquired in the past oil rounds and the results are not very encouraging in the drilling of oil wells.

Tuesday, November 6th, 2018
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Vista Oil & Gas is coming for more

After sharing its interest on three business opportunities in Mexico, the firm made headlines this week as it will jump into projects with Mexico’s Jaguar Exploración y Producción (JEP).

Tuesday, November 6th, 2018
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Idesa comments

Election of Andres Manuel Lopez Obrador (AMLO) raised concerns in the energy sector for his proposals against private investment. However, companies and investors have sent messages to the president-elect about their trust and commitment to the country.

Friday, November 2nd, 2018
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Grupo Villacero investment plans

Energy Reform opened the doors of the Mexican energy sector to private investment but the bottleneck is infrastructure. Fortunately, news about projects continues to appear. Grupo Villacero announced its investment plans.

Thursday, October 25th, 2018
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Pemex’s plan

The NOC will import 1.4mmbl of light Bakken crude next month, the firm said in a statement.

Wednesday, October 24th, 2018
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