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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