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2014-09-30 20:10:00

SEIZING THE MEXICO’S OPPORTUNITIES

SEIZING THE MEXICO’S OPPORTUNITIES

Argentina's YPF and Malaysia's Petronas are negotiating a joint-venture with Mexico's Pemex – possibly starting with shallow water fields – in a bid to become the first foreign oil companies to seize the opportunities of Mexico's energy reform.

While executives from majors such as Shell, BG, Chevron and Occidental gathered in the Caribbean resort of Cancún last week for a conference on the historic liberalisation of the sector, the heads of the three companies were laying the foundations for a deal over private dinners, the golf course and on helicopter rides.

Emilio Lozoya, the man modernising Pemex, Mexico's…

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Tags: PEMEX, MEXICO, OIL, YPF, PETRONAS, SHELL, CHEVRON, US,
Chronicle:
SEIZING THE MEXICO’S OPPORTUNITIES
2019, June, 25, 13:10:00
OIL PRICE: NEAR $64 ANEW
Brent crude futures were down 12 cents at $64.74, U.S. crude futures were up 3 cents at $57.93 a barrel.
SEIZING THE MEXICO’S OPPORTUNITIES
2019, June, 25, 13:00:00
US, IRAN SANCTIONS ANEW
the United States had never targeted an Iranian head of state before and that was a sign Trump was getting personal.
SEIZING THE MEXICO’S OPPORTUNITIES
2019, June, 25, 12:55:00
US CAN CLOSE HORMUZ
U.S. President Donald Trump said on Monday that other countries, including China and Japan, should protect their own oil tankers in the Middle East.
SEIZING THE MEXICO’S OPPORTUNITIES
2019, June, 25, 12:50:00
U.S. FINANCIAL RISKS UP
In addition, a number of medium-term risks are growing. The financial system appears healthy but vulnerabilities in leveraged corporates and, potentially, in the nonbank system are elevated by historical standards. An abrupt reversal of the recent supportive financial market conditions or a deepening of ongoing trade disputes represent material risks to the U.S. economy, with concomitant negative outward spillovers. The U.S. public debt-to-GDP ratio is on an unsustainable path and is expected to continue rising throughout the medium-term, as aging related spending rises.
SEIZING THE MEXICO’S OPPORTUNITIES
2019, June, 25, 12:45:00
GAS DEMAND WILL UP 46%
Dr. Sentyurin also highlighted that - according to the Forum’s projections - by 2040, the demand for natural gas is expected to increase at an annual average pace of 1.7%, corresponding to overall growth of 46%. Most of this demand growth will come from the Asia-Pacific region, with Europe continuing to be an attractive market for many gas producers.
SEIZING THE MEXICO’S OPPORTUNITIES
2019, June, 25, 12:35:00
CHINA, BRITAIN NUCLEAR TECHNOLOGIES
UK-based research and development company Innovative Physics Ltd (IPL) and China Environmental Protection Company Ltd (CEPC) have signed an agreement on technologies and skills to further improve the safety of nuclear power plants in China and overseas.
SEIZING THE MEXICO’S OPPORTUNITIES
2019, June, 24, 12:30:00
OIL PRICE: NEAR $65 YET
Brent crude futures rose 0.7% to $65.66 per barrel, near Friday’s three-week high of $65.76, while U.S. crude futures were up 1.1% at $58.07, standing at its highest in over three weeks.
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