New refinery could cost more than twice the original estimate

06/23/2022

Source: Mexico News Daily

The cost of the state oil company’s new refinery on the Tabasco coast could blow out to more than double its original estimated price tag, according to a report by the news agency Bloomberg.

The Dos Bocas refinery, which will be officially opened July 2, could cost as much as US $18 billion, according to Bloomberg sources, a price tag that would be $10 billion higher than the project’s initial budget.

READ MORE

Citizens go searching for water in Nuevo León

Source: Mexico News Daily

6/22/2022

Some Monterrey residents are undertaking “pilgrimages” in search of water due to the harsh restrictions currently in place in the metropolitan area of the Nuevo León capital.

As of early June, running water has only been available six hours per day – if at all – as authorities seek to alleviate water shortages precipitated by drought in the northern border state.

A Milenio TV report said that hundreds of residents of Monterrey and surrounding municipalities are going to parks and squares to search for taps with running water where they can fill up buckets, 20-liter water bottles called garrafones and other receptacles. Others line up for hours to get water from water tank trucks called pipas.

READ MORE

Obligan a comprar gas sólo a CFE y a Pemex

16/06/2022

Fuente: Reforma

Con un oficio, la Secretaría de Energía (Sener) pretende borrar el mercado de comercialización de gas natural para que grandes consumidores que utilizan gas importado lo compren a CFE o a Pemex.

La titular de la dependencia, Rocío Nahle, envió un oficio el lunes pasado a la Comisión Reguladora de Energía (CRE) y al Centro Nacional de Control del Gas Natural (Cenagas) en el que les da instrucciones para modificar regulaciones y contratos de transporte de gas natural.

LEER MÁS

Mexico president says Pemex refineries expected to increase processing

06/15/2022

Source: Reuters

Mexican President Andres Manuel Lopez Obrador said Wednesday the country expected crude processing in six state-run Petroleos Mexicanos (Pemex) refineries to increase to 1.2 million barrels per day, up from the current level of 840,000 barrels per day.

Lopez Obrador said in a regular news conference that the Olmeca refinery along the coast of Tabasco, set to open July 2, will go through a “trial period” of several months before beginning production in 2023.

READ MORE

Los apagones aumentarán en el verano

06/06/2022

Fuente: El Sol de México

Los apagones eléctricos en el país se intensificarán durante el verano, aseguró el presidente del Consejo Nacional de Energía y Petroquímica, Horacio Zárate Acevedo.

En entrevista con Organización Editorial Mexicana, Zárate Acevedo dijo que México debe modernizar su sistema eléctrico, “para eso era la reforma eléctrica (planteada por López Obrador), para entrar en una nueva etapa de desarrollo, en donde empresas y gobierno pudieran participar”. Sin embargo, aseguró que el tema se politizó, la reforma fue enterrada y ahora la red eléctrica del país está saturada.

LEER MÁS

Mexico’s Oil Windfall is Enough to Subsidize Fuel Prices, AMLO Says

06/01/2022

Source: Bloomberg

Mexico President Andres Manuel Lopez Obrador defended his government’s decision to subsidize gasoline and diesel prices, saying it’s necessary to tame inflation and that it can be financed with a windfall from crude oil exports. 

The subsidies have cost Mexico about $4.4 billion for the first four months of the year, less than half of the $8.9 billion that the country has received in oil revenue, Elizabeth Garcia Vilchis, a press official for Lopez Obrador, said during the president’s morning press conference on Wednesday.

READ MORE

Anticipan apagones; ya culpan a privados

24/05/2022

Fuente: Reforma

A unas semanas de que comience el verano, el País está en riesgo de presentar apagones generalizados y el Centro Nacional de Control de Energía (Cenace), encargado de controlar el sistema eléctrico, ya tiene a quienes responsabilizar: las centrales renovables.

Así lo advirtió Ricardo Mota Palomino, director general del Cenace, en un foro realizado el 17 de mayo, quien además destacó la falta de mantenimiento en redes de transmisión como resultado del modelo que impulsó la reforma del 2013.

LEER MÁS

Acusan ante FGR sabotaje de obreros en plataforma de Pemex

23/05/22

Source: Reforma

El Presidente Andrés Manuel López Obrador acusó ante la Fiscalía General de la República (FGR) a obreros de Pemex por cerrar válvula en plataformas de Campeche, lo cual podría haber causado una “terrible desgracia”.

“Aprovecho para hacer un llamado a todos los trabajadores petroleros que nos han ayudado, tanto como los trabajadores electricistas, como los trabajadores del sector salud, como los trabajadores de la educación.

LEER MÁS

Mexico’s top court upholds changes to power law in win for president

Date: April 7, 2022

Source: Reuters

MEXICO CITY, April 7 (Reuters) – Mexico’s Supreme Court on Thursday upheld contentious changes to electricity legislation championed by President Andres Manuel Lopez Obrador that strengthen the state-run power utility at the expense of private firms, sparking U.S. concerns.

Debating a challenge against a March 2021 law, the court narrowly failed to reach the two-thirds majority needed to declare unconstitutional a provision in the law mandating that national power company Comision Federal de Electricidad (CFE) should take priority on dispatch, or when plants come online.

Read More.

As court prepares to consider electricity law, environmentalists unite against it

Friend of the court brief filed by 38 environmental organizations

Date: April 5th, 2022

Source: Mexico News Daily

An umbrella group of environmental organizations announced Monday that it would make a submission to the Supreme Court (SCJN) to argue against the Electricity Industry Law (LIE), which was approved by Congress last year.

The SCJN will consider the constitutionality of the law on Tuesday.

Read More