By KELIN DILLON As of Sunday, Aug. 1, a new scheme of price limits on liquified petroleum (LP) natural gas has been enacted throughout Mexico, with the cost cap varying from state to state and within municipalities. Thanks to an initiative by the country’s Secretariat of Energy (Sener), the price limit will be set on a weekly basis by the
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By KELIN DILLON Petróleos Mexicanos (Pemex), Mexico’s government-owned petroleum company, is reportedly on track to have a record-breaking amount of stolen gas in the year 2021, thanks to Mexico’s “huachicoleros,” meaning gas thieves. Since the official record of gas thefts in the country in 2011, the huachicoleros reportedly upped their efforts 3,108 percent between 2019 and May of 2021. Pemex’s
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By KELIN DILLON Mexico’s state-owned Federal Electricity Commission (CFE) is currently facing arbitration from the U.S.-based company Whitewater Midstream for a non-payment of gas acquired during February’s pipeline freeze and subsequent gas shortage in Texas. Estimates say that the CFE could owe as much as $100 million to Whitewater Midstream, which is one of the main suppliers of natural gas
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By KELIN DILLON Environmentalists are lashing out against Mexico’s oil-friendly practices after the appearance of a massive fireball in the Gulf of Mexico on Friday, July 2, which was caused by a leak in one of state-owned oil company Petróleos Mexicanos’ (Pemex) pipelines through the area. The massive fire “demonstrates the serious risks that the fossil fuel model in Mexico
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By KELIN DILLON Global investment bank Goldman Sachs launched an international lawsuit against Mexico’s state-owned Federal Electricity Commission (CFE) for its apparent debt, to the sum of $400 million. The CFE allegedly defaulted on payments for a natural gas purchase during last February’s gas pipeline freeze, which affected Texas and Northern Mexico, resulting in the suit. “The Federal Electricity Commission
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By KELIN DILLON The construction of Mexico’s Dos Bocas refinery will take more time than expected to complete, and as such, will require an increased budget to help finish the project, said the Petróleos Mexicanos (Pemex) Board of Directors. The refinery is now set to cost the nation up to $12.4 billion, over $3.5 billion more than estimated last year.
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By KELIN DILLON Mexico’s government has announced its intention to revoke permits from Ienova-TC Energy for the operation of the South Texas-Tuxpan gas pipeline, one of the most important pipelines in the nation, that stretches across 689 kilometers of the country’s federal maritime zone. “It is not feasible to continue granting said authorization, until (Ienova) proves due compliance with the
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By KELIN DILLON The controversial new changes to Mexico’s electricity law will now see the nation’s Secretariat of Energy (Sener) and Energy Regulatory Commission (CRE) review more than 20,000 permits granted to private individuals and enterprises in the energy sector under previous presidential administrations. The review will look into permits to operate and open service stations outside of the Petróleos
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By KELIN DILLON Mexico’s Energy Regulatory Commission (CRE), as mandated by a court order, authorized a reduction in gasoline’s ethanol content, which acts as an oxygenating agent, from 10 percent to 5.8 percent, to be implemented on March 10, which experts say will raise the gasoline’s pollution level. The Mexican Association for Sustainable Mobility recommends the use of 10 percent
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By THE PULSE NEWS MEXICO STAFF Petróleos Mexicanos (Pemex), Mexico’s state-owned oil company, had the lowest recorded gasoline production on record in its existence in 2020, according to government figures. Gasoline production reached an average of 185,600 barrels per day, down 8 percent from the previous year. However, internal sales of Pemex gas managed to increase by 4 percent, reaching
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