• 4 minutes "Natural Gas Trading Picks Up Considerably Amid High Volatility" by Charles Kennedy - ...And is U.S. NatGas Futures dramatically overbought at the $6.35 range?
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 4 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 15 hours What China is Learning from Russia's War in Ukraine and its Consequences
  • 4 days Revisiting: "The U.S. Grid Isn’t Ready For A Major Shift To Renewables" from March 2021 by Irina Slav at OILPRICE
  • 14 hours Natural Gas is the Cleanest and most Likely Source of Energy to Fuel the World.
  • 3 days Failure To Implement Russian Oil Ban Could Send Oil Crashing To $65
  • 7 days How cheap Chinese tires might explain Russia's 'stalled' 40-mile-long military convoy in Ukraine
  • 2 hours Advancing Fundamental Drilling Science - Geothermal drilling successes offer potential gain for petroleum industry
  • 52 mins "Russia will stop 'in a moment' if Ukraine meets terms - Kremlin" by Reuters via Yahoo News...but Reuters suddenly cut out the balanced part of the story.
Southern Pulse

Southern Pulse

More Info

Latin America Energy Advisory

MEXICO

We will be closely following developments in Mexico’s energy industry, post-reform, with our partners at Southern Pulse. Energy reforms have opened up oil sector development to outsiders by removing restrictions on foreign investment that had been in place for 75 years. Confidence in the sector is at an all-time high right now, with prospects outshining the earlier pre-salt potential of Brazil. Key recent developments include:

•    This week, state-run Pemex announced that Mexico would begin shipping extra light Olmeca crude oil to European customers this month, which marks the first diversification of export following efforts at opening up the industry. We can also expect Mexico to increase exports to Asian markets in line with an announcement it made last summer. The bulk of Mexico crude exports go to the US from three Gulf coast terminals; however, officials said crude exports should be resumed shortly from a fourth terminal, Salina Cruz.

•    Six brokerage firms in Mexico are predicted that the Mexican Stock Exchange’s 35 leading stocks (the IPC) will reach a historic high by the close of 2014. The brokerages point to improved economic stability, better business prospects for IPC companies, and reduced external volatility.

•    Through our partners at Southern Pulse, we are closely following developments concerning Pemex. On 16 December, in the municipality of Tezoyuca,…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News