Mexico

Mexico's New Olmeca Oil Refinery Now Expected to reach 243,000 bpd in 2024

Pemex CEO Octavio Romero has estimated that the Dos Bocas (AKA Olmeca) refinery will process 243,000 bpd of crude in 2024, with a full peak of 340,000 bpd in 2025.

Koil Energy Solutions to Provide LNG Energy Services in Gulf of Mexico

Koil Energy Solutions, Inc. (OTCQB: KLNG), an international specialist in subsea energy equipment and services, announced the receipt of an order to provide services for an LNG project in the Gulf of Mexico.

New PEMEX Refinery Expected to Start Crude Processing in July

The Pemex owned Dos Bocas refinery, also known as the Olmeca refinery, will begin its crude oil processing in July 2023, according to recent comments from Energy Minister Rocio Nahle. This initial capacity will be for 170,000 barrels per day, with a peak expectation of 340,000 barrels per day.

Sempra Infrastructure Receives Export Licenses for Two LNG Projects

Sempra Infrastructure, a subsidiary of Sempra today announced that Energía Costa Azul, S. de R.L. de C.V. (ECA LNG) and Vista Pacifico, S.A.P.I. de C.V. (Vista Pacifico LNG) received authorization from the U.S. Department of Energy (DOE) to re-export U.S.-sourced liquefied natural gas (LNG) from Mexico to non-Free Trade Agreement (FTA) nations. The DOE's significant action is an important milestone for these two development projects, which now are each one step closer to supporting the world's energy security and environmental goals.