Natural gas accounted for 62% of utility-scale additions, while wind and solar photovoltaic represented 21% and 16%, respectively. Coal accounted for 69% of the 18.7 gigawatts that retired last year.
The government-funded plan involves drilling 506 new wells spread across 20 recently-discovered fields, according to a presentation from Pemex CEO Octavio Romero
Follow unconventional rig activity across the United States.
With three Energy Transfer pipelines in limbo in Pennsylvania, ethane bound for Marcus Hook has been redirected to Houston.
Mexico's state-run oil firm Pemex could delay to next year a call to energy companies to form joint ventures planned for October, amid government complaints that firms have not invested quickly enough to make good on the promises of the energy reform, the country's energy secretary said on March 13.
The company is considering sites in both Texas and California for the headquarters location.
North American energy traders are reluctant to take up long-term positions on Canadian crude price moves, preferring to stick to spot deals, as uncertainty around government intervention in the market grows following delays to a critical pipeline project.
SAExploration Holdings Inc., or SAE, revealed on March 7 a combined $60 million of new projects in Alaska and Southeast Asia.
SIMMONS EDECO has opened its second operations base in Mexico, the company said on March 8.
Surpluses are building for ethane and propane, with export options to China stymied.
