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Mexican court backs government-owned power plants

Mexico’s Supreme Court has deemed constitutional a controversial energy law pushed by President Andrés Manuel López Obrador that gives government-owned power plants preference over private competitors.

US organization urges Mexico to reconsider decision on Zama oil field

News Pemex doesn t have the funds, capacity or infrastructure required to operate the field, says Larry Rubin. US organization urges Mexico to reconsider decision on Zama oil field Decision sends a message to investors that there is a lack of legal certainty in Mexico, warns Larry Rubin Published on Tuesday, July 6, 2021 0share A business and community organization that represents United States interests in Mexico has urged President López Obrador to reverse a federal government decision to award control of a huge oil discovery to state oil company Pemex. The Energy Ministry awarded Pemex the rights to operate the nearly 700-million-barrel Zama field in the Gulf of México, which was discovered in 2017 by a consortium comprising Texas-based Talos Energy, Premier Oil of the United Kingdom and Germany’s Wintershall DEA.

Mexico taps Pemex to run major oil find, ramping up energy nationalism

Publishing date: Jul 05, 2021  •  2 hours ago  •  3 minute read  •  Article content MEXICO CITY Mexico chose state-owned Pemex to run a major shared oil find over the private consortium led by a U.S. oil company that first discovered it, in the latest win for President Andres Manuel Lopez Obrador’s nationalistic energy policies. The disputed deposit, believed to hold some 700 million barrels of oil, is thought to straddle two neighboring blocks in the southern Gulf of Mexico, one belonging to Pemex and the other to a private consortium of oil companies led by Houston-based Talos Energy. We apologize, but this video has failed to load.

Pemex Chosen to Operate Talos-led Zama Oil Field

Pemex Chosen to Operate Talos-led Zama Oil Field
hartenergy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartenergy.com Daily Mail and Mail on Sunday newspapers.

At Stake In Mexican Mid-Term Elections Is Foreign Energy Investment

At Stake In Mexican Mid-Term Elections Is Foreign Energy Investment
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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