Energy

ExxonMobil opens its first gas stations in Mexico supplied by own Texas refineries
ExxonMobil, in a partnership with retailer Grupo Orsan, opened eight Mobil-branded service stations this week in Queretaro as part of the company’s entry in Mexico’s fuels market. ExxonMobil plans to open 50 Mobil stations in the Bajio region (central Mexico) by the end of the first quarter of 2...
ExxonMobil to enter Mexican gasoline retail market in summer
ExxonMobil announced it plans to enter the Mexican fuels market during the second half of 2017, with Mobil-branded stations and its new signature line of advanced Synergy gasoline and diesel fuels. The company plans to open its first Mobil service station in central Mexico by summer and additional ...
First private joint venture to drill offshore Mexico strikes ‘significant’ oil discovery
Joint venture partners Premier Oil, Talos Energy and Sierra Oil & Gas, announced today that the Zama-1 exploration well in Block 7, offshore Tabasco, Mexico, has made a world class oil discovery. The Zama-1 well is the first offshore exploration well drilled by the private sector in Mexico’s h...
Five months ahead of schedule, Enel inaugurates US$ 220 million solar plant in Guanajuato
Italy-based utility company Enel, through its renewable subsidiary Enel Green Power Mexico (EGPM), today inaugurated the 238 MW Don Jose photovoltaic solar plant located in San Luis de la Paz, Guanajuato.  The investment for the construction of Don Jose, which achieved full production over five mo...
France-based Veolia to build in Mexico first Latin-American waste to energy plant
French environmental solutions provider Veolia, through its subsidiary Proactiva Medio Ambiente Mexico S.A. de C.V., has won the public call for tenders published by the government of Mexico City and just signed the contract to design, build, and operate the first waste to energy facility in Latin A...
French developer Engie to build US$ 111-million photovoltaic park in Sonora
Engie Group, a French developer of energy infrastructure, announced that it will build a new photovoltaic park in the municipality of Caborca, state of Sonora, northern Mexico, with a capacity of 130.8 MW in which US$ 111 million will be invested. The solar park will have an area of 266 hectares, w...
French developer Neoen secures US$280-million financing to build solar plant in Aguascalientes
French renewable energy developer Neoen announced it has secured financing of US$280 million, excluding financing costs, to build a 375MW solar project called El Llano in the state of Aguascalientes, Central Mexico.  The funds will be provided by Bancomext, Mexico’s development bank in charge of...
French developer Neoen wins largest solar project in Mexico’s third clean energy auction
French renewable energy developer Neoen announced it has been awarded a 377MW solar photovoltaic project in Mexico’s third clean energy auction. The project in the state of Aguascalientes is due to be connected to the grid in June 2020. According to Mexico’s National Centre for Energy Control (...
French oil & gas company Total opens its first fuel station in Mexico
French oil & gas company Total inaugurated its first gas station in Mexico, in partnership with Gasored, as part of a plan that includes 250 service stations under its brand in the next two years. Alexandre Duret-Proux, chairman of Total in Mexico, said that the supply of fuel will be improved ...
French utility company Engie to supply clean energy for Gerdau Corsa plant in Tultitlán
Gerdau Corsa, the Mexican subsidiary of Brazilian steelmaker Mexican Gerdau, has signed a 15-year contract with Engie, a French energy company, to acquire 100% of the power generated by a photovoltaic park to be located in Sonora, which will feed a plant located in Tultitlán, State of Mexico. In a...
FRV secures financing for 300 MW photovoltaic plant in San Luis Potosi
Fotowatio Renewable Ventures (FRV), part of Saudi Arabian company Abdul Latif Jameel Energy, today announced it has secured a deal to start construction of a 300 MW solar farm in San Luis Potosi. The deal for the Potosi Solar Farm, in the Municipality of Villa de Ramos in the State of San Luis de P...
G500 Network reaches 100 stations in Mexico
With expectations of creating any number between 550 and 600,000 jobs during the months of April through June; the year 2018 has prospects of becoming the second year with the highest job creation record in Mexico. G500 Network already has presence in 15 states in Mexico, and it is working on the ch...
GE Oil & Gas opens manufacturing plant in Guadalupe, Nuevo Leon
U.S.-based manufacturer General Electric (GE) opened in recent days a new production facility in Guadalupe, Nuevo Leon, to manufacture components for the oil industry. GE Oil & Gas Pressure Control division invested US$ 10 million and recruited 160 employees to begin production aimed to supply ...
GE opens a Digital Center in Queretaro
General Electric (GE) inaugurated its ninth Digital Customer Service Center in Queretaro, with the purpose of giving service to the Latin American energy plant market. Digital services will be offered to clients at these new facilities, whether to improve existing energy plants or to build new ones....
GE opens second phase of Global Operations Center in Monterrey
General Electric (GE) inaugurated the second tower of its Global Operations Center in Monterrey, Nuevo Leon, after a US$ 20 million investment, the company announced.  The Global Operations Center is the place that will host shared services related to accounting, taxes, customs offices, human reso...
GE plans to invest in the electrical and aeronautical industries
General Electric (GE) will leave the business of oil, medical equipment and machinery for locomotives, to focus on the aviation industry and power generation, so it will strengthen its investments in Mexico in these sectors, said Vladimiro de la Mora, president and CEO of the firm in the country. T...
GE Power lands cogeneration project in Mexico
GE Power will provide an LM2500+ aeroderivative gas turbine and long-term services for a new natural gas cogeneration plant at paper manufacturer Bio-PAPPEL's San Juan del Rio, Mexico, paper mill. According to a press release, the new facility will generate electricity and heat for the factory, w...
GE to supply two super-efficient gas turbines for Mexican power plant
GE confirmed it will be supplying three generators and a steam turbine to a new 766 megawatt power plant being built in Mexico. Financial terms of the deal were not released by GE, although the order includes two super-efficient 7HA.01 gas turbines, which are bound to enter the Mexican market for th...
GE’s Power Services inks US$ 330 million deal to improve power plant in Juarez
GE’s Power Services business signed a series of long-term agreements with a consortium formed by Macquarie Capital and Techint valued at approximately over US$ 330 million to provide 25 years of total plant services solutions for a 907 megawatts (MW) Norte III power plant, located in the municipal...
Germany-based Nordex to build wind farm in Tamaulipas
German-based wind turbine supplier Nordex announced an agreement to build a 168-MW wind power plant for Acciona Energia in the Northern State of Tamaulipas. The El Cortijo wind park, located 40 kilometers south of Reynosa border city, will use 56 units of AW125/3000 turbines with 120-metre (393.7 f...

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