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Category: Mexico

Category:
  • Mexico

US shale gas producers bet Mexico is next bonanza

Donald Trump wants a wall along Mexico’s northern border. Energy companies are perforating it with pipelines.   They are laying steel pipes, some beneath the Rio Grande riverbed, to export billions of Continue Reading

Posted On : 26 Apr 2016 Published By : Tom Whipple
Category:
  • Mexico

Mexican Petrochemical Explosion Death Toll Reaches 32

Rescue teams recovered four bodies Sunday at the site of an explosion at a petrochemical plant in southern Mexico , bringing the number of workers killed in the accident to Continue Reading

Posted On : 25 Apr 2016 Published By : Tom Whipple
Category:
  • Mexico

Mexichem declares force majeure on internal contract post blast: CEO

Mexichem has declared force majeure on one internal contract in the wake of a blast at a petrochemical plant that killed at least 24 people, the company’s Chief Executive Officer Continue Reading

Posted On : 23 Apr 2016 Published By : Tom Whipple
Category:
  • Mexico

Death Toll in Mexico Petrochemical Plant Blast Rises to 13

The death toll from an explosion at a petrochemical plant owned by chemicals company Mexichem SAB and state oil company Petróleos Mexicanos has risen to 13, Pemex Chief Executive José Continue Reading

Posted On : 22 Apr 2016 Published By : Tom Whipple
Category:
  • Mexico

As market braces for Mexico hedging, U.S. oil options volatility surges

A marked rise in U.S. oil options volatility for contracts expiring in 2017 has sparked speculation among traders that the market is preparing for Mexico’s annual hedging program, worth billions Continue Reading

Posted On : 22 Apr 2016 Published By : Tom Whipple
Category:
  • Mexico

Three dead, dozens injured in blast at Pemex complex in Mexico

An explosion rocked a major petrochemical facility of Mexican national oil company Pemex in the Gulf state of Veracruz on Wednesday, killing at least three people and injuring dozens more, Continue Reading

Posted On : 21 Apr 2016 Published By : Tom Whipple
Category:
  • Mexico

Mexican Officials Seek to Reassure Investors About Pemex

Mexican officials are setting out to assure investors of government support for state oil company Petróleos Mexicanos after the firm received a $4.2 billion financial lifeline to help it through Continue Reading

Posted On : 19 Apr 2016 Published By : Tom Whipple
Category:
  • Mexico

Mexico Government to Support Pemex With $4.2 Billion

Mexico’s government said Wednesday it will support troubled state-oil firm Petróleos Mexicanos, or Pemex, with $4.2 billion in fresh capital and money to make this year’s pension payments, a step Continue Reading

Posted On : 14 Apr 2016 Published By : Tom Whipple
Category:
  • Mexico

Mexico looks to defend Pemex with $4.2 billion capital injection

The Mexican government will provide a capital injection of Peso 73.5 billion ($4.2 billion) for Pemex that analysts described as the first salvo in a battle to defend the survival Continue Reading

Posted On : 14 Apr 2016 Published By : Tom Whipple
Category:
  • Mexico

Mexico Has $13.6 Billion Surplus to Pay Debt, Boost Oil Fund

Mexico will use $13.6 billion from a central bank surplus to pay down debt and boost its rainy day fund, shoring up finances as it prepares a support plan for Continue Reading

Posted On : 12 Apr 2016 Published By : Tom Whipple

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