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Mexico
Mexican Business Council warns Mexican companies of “Chavez” risk
The Mexican companies Hylsa, Cemex, Tamsa, Bimbo, Femsa, Grupo Zapata and Farmacias El Fénix maintain on alert for possible new announcements regarding the nationalization of companies in Venezuela, informed the Mexican Business Council for International Commerce, Investment and Technology (COMCE by is Spanish abbreviation).
Feb 20, 2007, 08:38
PEMEX signs agreement with Chiapas
The general director of Petróleos Mexicanos (PEMEX), Jesús Reyes Heroles, and the governor of the state of Chiapas, Juan Sabines Guerrero, agreed on establish a joint program over the medium term.
Feb 19, 2007, 08:36
Mexico “in diapers” regarding technologies for renewable energy
Mexico is virtually “in diapers” when it comes to the introduction of technology to generate renewable energies, affirmed Claudio Estrada Gasca, the director of the Center for Energy Investigation at Mexico’s Universidad Nacional Autónoma de México (UNAM) in Mexico, City.
Feb 19, 2007, 06:13
Mexico’s petroleum industry is the nation’s largest Forex source
Mexico’s petroleum industry is the nation’s largest source of foreign exchange (Forex); however, the issue is something to worry about as the Mexican government has no control over the matter, according to the consulting firm Consultores Internacionales (CI).
Feb 19, 2007, 06:06
Energies Nouvelles to construct $140 million wind farm in Mexico
The chain store, Wal-Mart de Mexico (Walmex) announced that it would acquire all of the energy from a wind farm project that would be constructed by the French company, Energies Nouvelles, as part of wider plan to reduce costs.
Feb 16, 2007, 05:40
AES Corp. makes $621 million investment in Mexico
AES Corporation worked out a deal to acquire two electric generation plants in Tamuin, Mexico for a total of $611 million, according to company sources.
Feb 14, 2007, 05:24
Banamex and Nafinsa to give credits to gasoline stations
The Mexican banks, Banamex and Nacional Financiera (Nafinsa), signed an agreement to provide financing to gasoline station franchises so that they could acquire new pumps and other necessities.
Feb 13, 2007, 05:08
PEMEX to invest $600 million in new refinery in Cadereyta
Mexico’s state oil company, Petróleos Mexicanos (PEMEX) announced that it will invest $600 million on new plants at the Cadereyta refinery located in the state of Nuevo Leon in the northern region of Mexico.
Feb 12, 2007, 05:13
Tidelands Oil & Gas Corporation submits FERC applications
Tidelands Oil & Gas Corporation announced that it has filed applications with the Federal Energy Regulatory Commission (FERC) for construction of the U.S. portion of its Northeast Hub Pipeline Project in South Texas. The Northeast Hub Pipeline will provide an interconnect between the North American pipeline grid and natural gas supplies and markets in northern Mexico.
Feb 2, 2007, 09:03
Caldrón initiates "Energy Opportunities" program in Mexico
Mexico's president Felipe Calderón initiated the program "Energy Opportunities" which will help as many as five million Mexican families to cover 25% of their expenses related to the consumption of energy.
Jan 30, 2007, 20:41
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