Via Bloomberg, a report on the Mexican government’s plans for Pemex: Mexico is studying options to absorb as much as $40 billion in Pemex debt, the equivalent of what will come due in the next presidential term, one of its top finance officials told investors in New York. The government is considering options that could […]
Read more »Via Energy, Capital and Power, a look at Angola’s efforts to leverage Chinese investment to stimulate oil production: China’s state-owned China National Offshore Oil Corporation (CNOOC) is sending a team of senior executives to Angola to discuss investment opportunities in oil exploration. The move aligns with Angola’s target to increase production to 1.18 million barrels […]
Read more »Via Stratfor’s Rane Worldview, a report on Niger, Benin’s operationalization of a new pipeline: What Happened: Nigerien oil arrived at the Beninese oil terminal of Seme using the Niger-Benin pipeline on April 21, Africanews reported on April 24. Why It Matters: The Niger-Benin pipeline’s entry into service will enable Niger to begin exporting up to 90,000 barrels […]
Read more »Via Reuters, a report on the Mexico presidential frontrunner pledge of $13.6 billion for energy investments: The favorite to win Mexico’s presidential election in June, Claudia Sheinbaum, on Monday outlined a plan to invest $13.57 billion in new energy generation projects through 2030. The ambitious program plans to increase wind and solar power generation and […]
Read more »Via Offshore Technology, a report on a preliminary proposal to alter the pipeline’s direction has not found favour with Bolivia, exposing Brazil to fluctuating liquefied natural gas (LNG) prices: Energy companies from Argentina and Brazil have initiated discussions to reverse the flow of a Bolivian natural gas pipeline that links the three nations, reported Reuters. This […]
Read more »Via BNA Intellinews, a report that Iran and Iraq are teaming up to develop the Masjed Soleyman field: Iran has signed what it calls “the biggest deals in a decade” to develop six oil fields in the south and the west, a week after entering into $20bn contracts to boost pressure in the colossal South Pars […]
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