México, Sunday , May 27 , 2018 8:58 hrs.
Science & Tech
Oil firms Vista and Jaguar ink strategic deal
Mexico (Notimex) - Mexican energy companies Vista Oil & Gas and Jaguar have signed a strategic deal for three onshore oil assets.
Two of the assets are in the state of Tabasco, and the other is in Veracruz.
The move represents the first joint venture between two private companies as a result of Mexico's oil auctions.
Vista CEO Miguel Galuccio said that the deal represents a solid step towards...
Solar panel users seen growing 900 percent by 2020
Mexico (Notitmex) - Mexico's solar industry is one of the fastest growing sectors, with solar panel users expected to grow by 900 percent by 2020, according to Enlight.
More than 160,000 families and companies already use solar panels in Mexico.
Because of these figures, many solar panel companies have started operating in the country.
"Solar energy is no longer a luxury, it is a necessity," said...
Acciona begins construction of solar farm in Sonora
Mexico (Notimex) - Acciona Energia has begun contruction of its Puerto Libertad solar farm in the northern state of Sonora.
The farm has a 404 Megawatt capacity, and is one of the largest in Mexico and Latin America, the company said in a statement.
"We are pleased to announce the beginning of this project, iconic for Acciona and for Mexico, which marks a milestone in the path towards clean,...
Mexico's oil round 2.4 to generate investments worth $93 billion
Mexico (Notimex) - The awarding of 19 out of 29 deep water blocks during round 2.4 of Mexico's oil auctions on Wednesday will generate investments worth $93 billion, said Aldo Flores, Undersecretary of Hydrocarbons.
Flores added that the 19 blocks will produce approximately 1.5 million barrels per day, double that of Mexico's current figures.
The companies that won the 19 blocks are from the Netherlands,...