Noticias sobre Energy
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Exclusive: Tesla Has Yet to Request Permits for Its Gigafactory In Mexico
The country’s energy regulatory commission (CRE) has yet to receive the paperwork from the electric car maker for its planned facility in Nuevo León state
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Iberdrola’s Sale of Power Plants to Mexico’s Government Still Pending Authorization
The sale is expected to be completed by the end of this year, according to Raúl Martínez-Ostos, managing director of Barclays in Mexico
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Mexico’s Dispute With Iberdrola Over Illegal Energy Sale Seen Dragging On
Sources tell Bloomberg Línea that the government-imposed fine of the Spanish company will not interfere with its $6-billion sale of electric power plants
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Private Oil Companies Still Interested In Mexico, AMEXHI Says
Companies are still eyeing E&P opportunities in the country, despite opposition presidential candidate Xóchitl Gálvez saying in recent days that auctions are no longer attractive
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Who Is Miguel Ángel Maciel, Mexico’s New Energy Minister?
The oil engineer and former under secretary for hydrocarbons will continue to pursue President Andrés Manuel López Obrador’s energy policy, following the resignation of Rocío Nahle
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Electric Vehicle Growth In Mexico Faces Energy, Regulatory Challenges
Francisco Cabeza, president of the newly created association for the promotion of electric vehicle use, highlights the challenges facing the sector’s growth
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Mexico’s CFE Restructures Debt to Use Savings to Meet Demand from Nearshoring
The state-owned utility aims to lessen its financing risks and improve its debt profile
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Mexico’s Natural Gas Dependency, AMLO’s Energy Policy Seen as Risks to CFE’s Rating
Moody’s Investor Services sees Mexico’s state utility as also facing risks due to pension-related debt
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Mexico’s AMLO Proposes Paltry Budget for State-Owned Lithium-Mining Company
The government of President Andrés Manuel López Obrador is proposing a $550,000 budget for the company that will be in charge of planning lithium-extraction projects and alliances with the private sector
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Argentina Seeks to Nationalize Hydroelectric Plants as Concessions Expire
The proposal is part of the 2024 budget, as seven private companies’ concessions end between this year and next, while the country’s provinces are also demanding participation in the projects
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Mexico’s Pemex Resumes Super-Light Crude Oil Exports After Six-Year Pause
Mexico’s state-owned oil company exported 48,000 barrels per day of the Olmeca variety of crude during July
Otras noticias sobre Energy
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BlackRock-Backed Puerto Rico Utility Deal to Slash Debt by 75%
Puerto Rico’s bankrupt power utility has reached a deal with BlackRock Financial Management and Nuveen Asset Management to slash its debt by about 75%
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Brazil Could Become a Leader In Cheaper Green Hydrogen Production
The high cost of producing the fuel could begin to drop as technology improves, and Brazil could be among the countries to offer lower production costs, although analysts don’t expect the cost to drop much before 2030
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Colombia’s Renewables Capacity to Get 1GW Boost With Isagen-Atlas Alliance
Isagen has struck up an alliance with US company Atlas Renewable Energy to build projects totaling 1GW of generation capacity in the country
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Mexico’s CFE Incurs Debt to Revamp Hydro Plants, Meet Demand Driven By Nearshoring
The state-owned power utility has obtained a $333 million loan from JP Morgan and HSBC to modernize seven hydroelectric power plants
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How El Niño Could Benefit Ecopetrol and Canacol With Growth In Natural Gas Demand
According to Moody’s, the climatic phenomenon could increase the demand for natural gas as drier weather reduced hydroelectric generation
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Petrobras Faces New Clash With Government Over Cost of Natural Gas
Executives believe that reducing the cost by 40%, as the government advocates, is not viable given that extraction is 300 km off the coast, sources told Bloomberg News
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Siemens Energy Investigates Flaws, Quality Issues at Wind Unit In Brazil
Siemens Energy last month detailed fresh problems in its onshore wind turbines, further hampering efforts to turn around its troubled Spanish subsidiary Gamesa
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Brazil Aims for Green Hydrogen Export Market Amid Clean Energy Boom
Brazil has cheap wind power and a prime location to do business with Europe, but the federal government has not set up a national green hydrogen plan
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Exclusive: Mexico to Meet Clean-Energy Goal With New CFE Solar, Hydro Plants
The energy ministry has rejected that it includes combined-cycle plants within its clean energy matrix, but does not rule out including them