Jim Bentein

  • Reforms To Mexico’s Power Sector Slow To Occur

    Critics of efforts by Mexico’s monopoly power utility to open up the country’s electricity market to private sector competition — a move that to date has attracted the likes of Canadian pipeline and power giants TransCanada Corporation and ATCO Gas & Pipelines, as well as Toronto-based solar power producer SkyPower — say the market is rigged in favour of the state-owned monopoly, which has kept power prices artificially low.

    August 21, 2015, 11:10 AM MDT

  • Mexico Arrests Leaders Of Fuel Theft Ring

    Mexico’s tortured shift towards trimming the monopoly control of the country’s oil and gas sector by state-owned Petroleos Mexicanos (Pemex) took another curious turn on Tuesday, with the announcement that leaders of a fuel theft ring have been arrested.

    August 5, 2015, 9:33 AM MDT

  • Mexico’s Sierra May Bid In Next Round Of Government Auction, Majors Also Showing Interest

    An executive with the Mexico City-based company that won the bidding to develop two offshore oil blocks in the first phase of bidding that will see Mexico’s oil and gas assets being made available to private firms for the first time since the 1930s says it could take four years for production to occur in the areas.

    July 24, 2015, 8:07 AM MDT

  • Mexico’s Round One Tender Results A ‘Disappointment’

    Although the head of Mexico’s National Hydrocarbon Commission (CNH) tried to hide his disappointment Wednesday, after only two of 14 offshore oil and gas blocks were awarded in the historic Round One of six bidding rounds that will end the monopoly of Petroleos Mexicanos (Pemex) over petroleum development in the country, a critic of the reform says the auction results don’t bode well for the future.

    July 16, 2015, 11:20 AM MDT

  • Pemex Imports Gasoline To Replace Stolen Volumes

    Predictions by a Houston-based expert on the Mexican energy sector that thefts of gasoline by drug gangs could jeopardize the federal government’s plans to end the energy sector monopoly of state-owned Petroleos Mexicanos (Pemex) seem to have been borne out by recent events, as the company is revealing it has had to import gasoline to replace volumes that have been stolen.

    July 9, 2015, 10:40 AM MDT

  • Mexico’s Offshore Licence Bidders Balking At Guarantee Requirements

    There are indications that the first round of bidding for offshore oil and gas blocks off Mexico’s coast, a key part of the country’s move towards ending an almost 80-year monopoly over the energy sector, is not going smoothly.

    June 29, 2015, 11:38 AM MDT

  • Mexico Invites Bids For US$10 Billion Of Gas And Power Projects

    Mexico’s power entity Monday announced 24 projects valued at almost US$9.84 billion in gas transportation and power plants.

    June 23, 2015, 11:25 AM MDT

  • New Mexican Refinery Builds Unlikely, Says Consultant

    A Houston-based energy consultant, who is an expert on Mexico’s energy and power sectors, says he’s a skeptic about reports that a group of private Mexican and U.S.-based investors will spend US$6 billion to build six new modular refineries in the country, capable of upgrading the country’s Mayan heavy crude.

    June 22, 2015, 9:03 AM MDT

  • Mexican Refinery Proposals Good News For Canadian Heavy Producers, Says Consultant

    A Denver-based energy consultant who covers North American energy markets says plans by a group of Mexican-based investors and a United States partner to construct up to six refineries with heavy oil coking capacity are “bullish for Canadian heavy oil producers”.

    June 18, 2015, 9:43 AM MDT

  • North West Upgrading CEO Optimistic About Project’s Future After NDP Win

    The chief executive of the company building the first phase of an oilsands upgrader and refinery northeast of Edmonton says the election of an NDP government in Alberta likely paves the way for the next two phases of the project to go ahead.

    May 11, 2015, 11:05 AM MDT

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