TransCanada to build $500 mn pipeline in Mexico

Canadian energy infrastructure company TransCanada Corporation said Wednesday that it had been awarded a contract to build, own and operate the Tuxpan-Tula Pipeline in Mexico…The pipeline will orginate in Tuxpan, a city in the Gulf coast state of Veracruz, and run through the central states of Puebla and Hidalgo, “supplying natural gas to CFE combined-cycle […]

Mexico casts wider net for oil buyers as U.S. interest wanes

Mexico isn’t breaking up with U.S. oil refiners, but it sure seems like it wants to see other people. Mexico reduced its crude exports to the U.S. in September to the lowest level in more than 25 years as it looks further away for buyers with Gulf Coast refiners flooded with shale and oil sands. […]

Anti-Corruption Strategies Still Key to Navigating Mexican Energy Sector

In recent years, Mexico has sought not only to open its energy sector to investment, but to make the country a more attractive place for investment by foreign energy companies. However, Mexico’s bureaucracy – and a perception that Mexico’s energy monopoly Petroleos Mexicanos (PEMEX) is prone to corruption – means that companies still…

How to Strengthen North America (Mexico Energy Reforms)

High-level overview of the spillover effects and possibilities related to Mexico energy reforms. Authored by president of the Mexican Business Forum. via WordPress for Phone app.

BTG Pactual sees expansion in Mexico as Brazil fortunes sag

BTG Pactual, Latin America’s largest independent investment bank, plans to expand into fixed income and the energy sector in Mexico as it seeks to grow in the region’s No. 2 economy, the unit’s new chairman said on Monday. Guillermo Ortiz, 67, who was appointed chairman of BTG’s Mexico unit last week and starts from 2016, […]

Mexico Outpacing Brazil

Several recent articles (linked below) provide comprehensive and topic-specific overviews of ways in which Mexico’s economy is outpacing Brazil’s. Great for understanding the shifting business environment for energy in these two countries. Mexico is Latin America’s success story as Brazil stumbles (click here for full article) The Two Mexicos (click here for full article): With its […]