Actis launches Yeltica Energy and targets 2 GW of renewables in Mexico
Actis launches Yeltica Energy, a renewable energy platform in Mexico with a 2 GW target and 330 MWp of solar with CFE. Here is which projects start first.
Energy
111 storiesElectricity, hydrocarbons and the energy transition: infrastructure, figures and regulation.
Sener projects adding 6,860 MW of wind capacity by 2030
Sener projects adding 6,860 MW of wind capacity by 2030, an 84% increase. See the figures, the CFE's parks and the next steps for the grid.
Pemex Contains Pipeline Leak off Campeche; Navy Deploys 255 Personnel
Pemex contains the leak in a pipeline 46 nautical miles off Ciudad del Carmen; the Navy deploys 255 naval personnel and monitors the drift of the slick.
CFE and MEXDC Coordinate Power Planning for 1.73 GW of Data Centers
CFE and MEXDC are coordinating weekly technical working sessions to anticipate data center power demand, projected at 1.73 GW by 2031. Figures and timelines.
Ministry of Finance Proposes 85,634 Million Pesos for Sener in 2027, a 69% Real Cut
The 2027 Economic Package proposes 85,634 million pesos for Sener, a 69% real reduction, along with adjustments for Pemex and the CFE. Here are all the key figures.
Pemex and CFE Strengthen Electrical Coordination for Mexico's Southeast
Pemex and CFE are reinforcing their electricity coordination following the August blackout in Tabasco, with joint actions aimed at securing supply across southeastern Mex
Sener Plans to Add 7,292 Million Barrels to Mexico's Hydrocarbon Reserves
Sener's plan targets the addition of 7,292 million barrels to Mexico's hydrocarbon reserves through 2039. Here are the key targets for natural gas and refining capacity.
CFE Raises US$1.2 Billion Through Fibra E Offering for Power Grid
CFE raises US$1.2 billion through a Fibra E equity offering to finance its transmission network. The banks and investment plan behind the deal.
Pemex and STPRM Agree on 7.5% Wage Increase for 2026-2027
Pemex and STPRM agree on a 7.5% wage increase for 2026-2027, above Mexico's 3.12% inflation rate. A breakdown of the deal and its impact on oil workers.
Sener Awards Permits for 55 Power Projects Totaling More Than 600 Billion Pesos
Mexico's Ministry of Energy awarded permits for 55 electricity generation projects worth more than 600 billion pesos. The target: 38% clean energy by 2030. Here is what t
Pemex Offers Private Sector a Role Across Its Entire Value Chain
Pemex will open exploration, refining, petrochemicals, and logistics to private investment. CEO Carpio Fragoso's plan seeks external capital for the state oil company.
Mexico's Government Adds Domestic Steel to Public Works National Content Rules
The Secretaría Anticorrupción y Buen Gobierno published the rule that adds Mexican steel to the national content calculation for public works; here is how it will work.
Pemex Diesel Output Falls to Lows as Dos Bocas Runs at 41% Capacity
Pemex diesel output hits its lowest level since September as Dos Bocas runs at 41% capacity. An analysis of the impact on fuel supply and prices.
Pemex and the UIF Sign Agreement to Combat Fuel Theft
The Pemex-UIF agreement seeks to trace the money flows behind fuel theft after losses of 12,992 million pesos from combustible theft in Mexico in the first half of 2026.
CFE Allocates MXN 18 Billion to 87 Environmental and Social Projects
CFE allocated MXN 18,141.4 million in thematic bonds to 87 environmental and social projects spanning renewable energy, smart meters, and connectivity. Explore their impa
CFE Plans to Add 24.1 GW of Generation Capacity by 2030
CFE's 2026-2030 Development Program projects 24.1 GW of new generation capacity by 2030, 82% of it renewable, and raises the company's share of the national system to 53%
Endeavour Silver and Ejidal Community Negotiate Terronera Mine Restart
Endeavour Silver and an ejidal community are negotiating to restart the Terronera mine in Jalisco, blocked since August. What does this mean for foreign mining investment
Government and Gas Station Operators Renew Fuel Price Cap for Six Months
Mexico's government renews its gasoline and diesel price cap for six months: regular unleaded stays below 24 pesos per liter. The details of the fuel price agreement.
World Bank Weighs $80 Million Investment in CFE Fibra E
The World Bank's IFC is evaluating an investment of up to $80 million in CFE Fibra E: here are the disbursement conditions and the new multilateral endorsement.
Cox to Build Latin America's Largest Desalination Plant in Rosarito
The Rosarito, Baja California desalination plant, the largest in Latin America, will cost $304 million and supply water to one million people. Here is the plan.
Ambassador Ronald Johnson Pushes Ethanol Integration in North America
Mexico and the United States are advancing the integration of ethanol into gasoline, with a blending limit under review for an increase from 5.8 to 10 percent. Here is th
IMP and the American Petroleum Institute Sign Technical Cooperation Alliance
The IMP and the American Petroleum Institute (API) sign a technical cooperation alliance to adopt standards and raise oil industry competitiveness.
Mexican Firm Énestas Partners with Power LNG to Export LNG from Texas
Mexico's Énestas and Texas-based Power LNG have sealed a partnership to develop LNG infrastructure in Galveston, Texas, with exports to Latin America and the Caribbean.
CIP Breaks Ground on 420 MW Solar Plant in Campeche
CIP breaks ground on the 420 MW solar plant in Campeche, the Danish fund's first project in Mexico, under a long-term contract with CFE Calificados. Follow the project.
ASEA Launches 4,310 Inspections of Gas Stations and LPG Distributors in August
ASEA launches its August regularization drive for gas stations and LPG distributors with 4,310 inspections and 1,729 environmental assessments. See the PRONAGAS schedule.
AHMSA and Minosa Publish Auction Notice for Assets Valued at $1.127 Billion
The trustee of AHMSA and Minosa published the formal auction notice for the essential assets of both companies, with a minimum reference value of $1.127 billion. Key date
Mexico's Treasury Sets Diesel Tax Stimulus at 65% for This Week
Mexico's Finance Ministry set the diesel fuel tax stimulus at 65% for the week of August 8-14; see how much pump prices change for freight carriers.
Scientific Committee Recommends Banning Fracking in the Tampico-Misantla Basin
A scientific committee recommends banning fracking in Tampico-Misantla and evaluating unconventional gas in Burgos and Sabinas. This is how Mexico's gas map is being defi
CFE Evaluates New Fibra E Backed by Gas Plants to Finance Expansion
CFE's new Fibra E backed by gas combined-cycle plants will finance electricity expansion driven by nearshoring and data centers. Key timelines and figures.
Sheinbaum Decree Forces Pemex and CFE Subsidiaries to Disclose Contracts
Sheinbaum's transparency decree requires Pemex and CFE subsidiaries to publish contracts and financial statements. Data will be updated on a monthly basis.
Oil Workers' Union Demands 8% Wage Hike, Extends Deadline with Pemex
Mexico's oil workers' union is demanding an 8% wage increase for 2026-2027 and has extended its negotiation deadline with Pemex. Key figures and timelines inside.
Raúl García Reimbert Takes the Helm of AIMMGM and Calls for Mining Certainty
Raúl García Reimbert assumes the AIMMGM presidency and calls for legal certainty to reactivate mining and recover jobs lost in exploration.
Pemex Reverses Operating Losses and Raises Revenue 30% in Q2 2026
Pemex revenue rises 30.3% and net income falls 69.7% in Q2 2026. Full results from Mexico's state oil company.
Mexico's Export Crude Blend Rises 24% in July on Strait of Hormuz Tensions
Mexico's export crude blend rose 24% in July to $80.56 per barrel, driven by the crisis in the Strait of Hormuz. Understand the impact for consumers.
Fuel Tax Stimulus Leaves a 13,021 Million Peso Shortfall
Mexico's Finance Ministry reported a 13,021 million peso shortfall from the fuels IEPS stimulus in the first half of 2026; see how the government offsets the fiscal impac
Court Sets September 25 as Tentative Date for AHMSA and Minosa Auction
A federal court sets September 25 as the tentative auction date for AHMSA and Minosa, with a minimum sale price of $1,127 million and more than 8,000 jobs at stake in Coa
Cox Triples EBITDA to €245 Million After Integrating Iberdrola Mexico
Cox reported EBITDA of €245 million in the first half of 2026, tripling its 2025 result, after integrating Iberdrola's assets in Mexico with 3.9 GW of installed capacity.
Talos Energy Acquires 50% of Block 29 in Mexico's Deep Waters
Talos Energy acquires a 50 percent operating interest in Block 29 in the deep waters of the Gulf of Mexico, with an estimated recoverable resource of more than 200 millio
Mexico's Finance Ministry Raises Diesel Tax Incentive to 71.58% as Oil Prices Rebound
Mexico's Finance Ministry raised the diesel tax incentive to 71.58%, the highest level since March, as oil prices surged on Middle East conflict. Here is how it affects f
ASEA to Begin Verifying 4,310 Gas Stations and LPG Outlets Nationwide in August
ASEA launches the PRONAGAS program in August 2026 to verify 4,310 gas stations and LPG stations across all 32 federal entities. Learn about the schedule and benefits.
Cubico and CFE Seal Nearly $1 Billion Renewable Alliance
Cubico and CFE sign a nearly $1 billion renewable alliance: 578 MW of generation and 500 MWh in battery storage across Tamaulipas, Nuevo León, Campeche, and the Yucatán P
Puerto Peñasco Solar Plant Runs at Full Capacity Across First Two Phases
Puerto Peñasco: Latin America's largest solar plant operates at 100% with 420 MW. Revenues from CFE energy sales fund summer electricity subsidies across Sonora's 72 muni
Mexico Surpasses 60,000 EV Charging Connections
Mexico reached 60,932 EV charging connections in the first half of 2026, a 17.5% annual increase according to the EMA. See the figures for the public and private charging
IEA Endorses Mexico's Critical Minerals Law as a Model for North America
The International Energy Agency gave a positive assessment of Mexico's critical minerals law. Here are the key elements of the reform and what it means for the energy tra
Mexico and France Sign Declaration to Accelerate Energy Transition
Mexico and France signed a declaration of intent on energy transition built around four pillars: renewables, decarbonization, efficiency, and innovation.
Carso Acquires TotalEnergies' 30% Stake in Gulf of Mexico Block 30
Grupo Carso has acquired TotalEnergies' 30% stake in Block 30, a shallow-water Gulf of Mexico light-oil asset, marking Carlos Slim's conglomerate's first offshore foray.
Pemex Ships One Million Barrels of Crude to Japan This Friday
The first significant Mexican crude shipment to Japan since 2023 arrives this Friday, July 17. The Ormuz crisis opens a new market for Pemex.
CFE and Concanaco Establish Permanent Working Groups to Address Business Power Outages
CFE and Concanaco Servytur agree to permanent working groups and a direct line to address power outages affecting mipymes and family businesses across Mexico.
Banobras Readies $4.6 Billion Fund for Solar Projects in Mexico
Banobras is preparing an 80,000 million peso fund for 30 solar energy projects in Mexico, including preferential credit lines for domestic supply chain development.
Federal Government Names 2,200 Gas Stations for Selling Diesel Above 27 Pesos
Government publishes list of 2,200 gas stations not complying with the 27-peso diesel price cap. Baja California leads the states with the most flagged stations.
Pemex Denies Fracking in Huasteca Potosina and Clarifies Explosives Permit
Pemex clarifies that the explosives permit in SLP is for seismic studies, not fracking. Seven wells across two fields, with no new drilling authorized.
Mexico's Treasury Expands Fuel Tax Relief for Magna and Diesel; Premium Remains Unsupported
Mexico's Finance Ministry raised the fuel tax relief for Magna gasoline (15.95%) and diesel (26.26%) for the week of July 11 to 17. Premium gasoline continues to receive
Sempra Infrastructure Exports First LNG Cargo from Baja California to Asia
The ECA LNG terminal in Ensenada dispatched its first LNG vessel to Asia. A roughly $2 billion investment, 3.25 Mtpa capacity, and long-term contracts with TotalEnergies
Pemex Crude Output to Be Directed Entirely to the Domestic Market, Sheinbaum Reaffirms
Sheinbaum confirms Pemex will direct all its crude to the domestic market. The production target is 1.8 mbd to supply six refineries and Deer Park. Read the plan.
Mexico's Finance Ministry Gains Room to Adjust Fuel Tax Subsidy With Crude at $63
With the Mexican crude blend at $63 per barrel, the Finance Ministry has room to recalibrate the weekly IEPS subsidy on Magna, Premium, and diesel fuel. Here is what the
CFE Strengthens Grijalva Monitoring with 45 Stations to Prevent Flooding
CFE monitors the Grijalva basin with 45 stations to anticipate flooding and protect communities in Chiapas and Tabasco during the 2026 rainy season.
Solar Subsidy Program Covers 25% of Installation Costs in Mexico's Hottest Regions
The federal Paneles para tu casa program subsidizes 25% of solar panel installation and finances the remaining 75% over five years for households with bimonthly electrici
BBVA Mexico Backs Mixed Public-Private Power Investment Model
BBVA Mexico's chief economist endorses the mixed investment model for electricity generation, citing 37 awarded projects totaling 7,411 MW and relief on the fiscal budget
CFE Awards 37 Renewable Projects Worth 7.4 Billion USD
Mexico's Federal Electricity Commission awarded 37 renewable energy contracts totaling 7,411 MW to 31 private developers, exceeding its initial 6,500 MW target. The $7.4
CFE Awards 7,411 MW in Renewables With Battery Storage in Historic Deal
Mexico's Federal Electricity Commission awarded 7,411 MW of renewable energy capacity with 1,850 MW of battery storage to 31 developers, marking a watershed moment for th
Mexican Oil Plummets to $73 as US-Iran Peace Deal Reshapes Markets
Mexican crude closed at $73 per barrel on June 17 following a US-Iran agreement to open the Strait of Hormuz. Brent fell to $78 and WTI to $75 in the same session.
Mexico's CFE to Electrify 8,247 Remote Communities with $1.2B Investment
Mexico's Federal Electricity Commission will invest 21.4 billion pesos across 45,182 projects to bring power to over 8,000 underserved localities, prioritizing indigenous
Mexico's Clean Energy Hits 26.8% as CFE Chases 38% Goal
Mexico's federal power company reports clean energy reached 26.8% of national electricity generation in February 2026. The country is advancing toward a 38% renewable tar
Mexico's State Lithium Company Hits 3-Year Mark With No Production Projects
LitioMX marks three years of operation with a 13.97 million peso budget but zero exploration or extraction initiatives. Mexico's lithium reserves sit untapped in Sonora a
Pemex Charts Renewable Energy Roadmap with Offshore Wind, Geothermal, Green Hydrogen
Pemex unveils its 2026 renewable energy strategy focused on offshore wind, high-enthalpy geothermal, and green hydrogen production. The plan leverages existing Gulf of Me
CFE Awards 7,411 MW of Renewables in First Mixed Private-Public Bid
Mexico's CFE closes landmark joint venture auction with 37 solar and wind projects totaling 7,411 MW. Private investment in renewables reaches $7.4 billion. Here's what y
Pemex Hits 11-Year Low Debt as Oil Output Stabilizes
Mexican state oil company Pemex reported five consecutive quarters of stable crude production and cut its debt to $79 billion, the lowest level in over a decade. New CEO
Sheinbaum Inaugurates Manzanillo III Power Plant in Colima
President Sheinbaum opened Manzanillo III, a 357 MW combined-cycle plant backed by $347 million in investment. The facility will serve roughly 800,000 users across Mexico
CFE Plans Scheduled Power Maintenance in Sonora and Hidalgo for June
Mexico's Federal Electricity Commission (CFE) is conducting preventive maintenance on electrical substations across Sonora and Hidalgo in June, resulting in planned servi
Oil Prices Drop as Iran and Israel Agree to Ceasefire
Crude prices fell after Iran and Israel announced a temporary pause in hostilities. Brent closed near $91 per barrel and WTI near $88 as markets calmed.
Sheinbaum Opens 345 MW Power Plant in Manzanillo
President Sheinbaum inaugurated the Teresa Urrea Chávez combined-cycle plant in Manzanillo, adding 345 MW and bringing the General Manuel Álvarez Moreno complex to 2,860
Sheinbaum Opens Manzanillo III Plant, Targets 65% State Power Generation
President Claudia Sheinbaum inaugurated the Manzanillo III combined-cycle power plant, adding 357 MW to Mexico's grid. She committed to state control of 65% of national e
Amigo LNG Operates Under Court Suspension in Sonora
The Amigo LNG project in Sonora operates under judicial suspension while its developer seeks to overturn a legal injunction. The facility would export over 5.1 million to
Mexico's Energy Ministry Extends Fast-Track Renewable Deadline to September
Sener pushes results announcement to September 23, 2026, in second extension of fast-track renewable energy and storage bidding process. 32 GW target with mandatory 30% s
CFE Awards 7,411 MW of Renewables in First Mixed Bidding Round
Mexico's federal power company CFE has awarded 7,411 MW of solar and wind projects in its first mixed investment tender with private partners, exceeding targets by 14%. H
Natural Gas at Crossroads: Mexico Eyes 70% Growth, 20K Jobs
Mexico's natural gas sector is experiencing a critical moment for energy security, according to the Mexican Natural Gas Association (AMGN), which projects state-level gro
Mexico's Oil Institute and Coahuila University Team Up on Energy Research
The Mexican Petroleum Institute and Universidad Autónoma de Coahuila signed a landmark collaboration agreement to advance research in hydrocarbons, lithium, and clean ene
Pemex Claims Five Quarters of Stable Crude Output
Pemex's director says the state oil company has maintained stable crude production for five consecutive quarters. Here are the key figures and fields driving the stabiliz
Pemex Repairs LP Gas Leak From Illegal Tap in Puebla, Evacuates 120
Pemex fixed an LP gas leak caused by an illegal pipeline tap in San Matías Tlalancaleca, Puebla, forcing the evacuation of 120 residents. This marks the second incident o
Mexico to Invest $87 Billion Pesos in Natural Gas Infrastructure
Mexico's Energy Ministry announces 87 billion peso investment in natural gas infrastructure through Cenagas, targeting three new pipelines and 5 billion cubic feet daily
Mexico Awards 8,000 MW in Renewable Energy and Storage Program
Mexico's Federal Electricity Commission and Energy Ministry awarded 8,000 MW in the Mixed Development Program for renewables and storage, surpassing the original 6,500 MW
Pemex Hits Five Straight Quarters of Stable Crude Production
Mexican state oil company Pemex has maintained stable crude output for five consecutive quarters, reaching 1.652 million barrels per day. Key strategic fields are driving
Pemex Invests $5.3B in Petrochemicals and Fertilizers Through 2030
Pemex announced a 93 billion peso investment in petrochemicals and fertilizer production through 2030, targeting domestic capacity gains and reduced import dependence.
Gas and Diesel Prices Hold Steady Across Mexico
Fuel prices remained relatively stable on Tuesday, June 9, with regional variations. Here's what drives the cost and where to check rates by station.
Mexico's CFE Awards 7,411 MW in Renewables, Smashes First Mixed Auction Target
Mexico's Federal Electricity Commission awarded 37 renewable energy projects totaling 7,411 MW, exceeding its initial goal by 14 percent. Solar dominated allocations whil
Mexico Advances Energy Sovereignty with Pemex and CFE Strengthening
Mexico's energy ministry reports progress on energy independence through state oil and electricity companies, with 3,000 MW of new combined-cycle capacity, 32,000 MW plan
Mexico's Power Grid Gets Major Clean Energy Boost
Mexico's state power company awarded 37 renewable projects totaling 7,411 MW, crushing its 114% target. Solar dominated while wind lagged. Here's what it means for the gr
Pemex Pivots to Renewables: Offshore Wind and Green Hydrogen in the Gulf
Mexico's state oil company Pemex has unveiled its 2026 renewable energy roadmap, centering on offshore wind farms built on Gulf platforms, geothermal energy, and green hy
Mexico's Energy Sovereignty Plan: Scaling Renewables to 38% This Term
The government's energy sovereignty strategy aims to boost renewable energy from 24% to 38% of national electricity generation by term's end, adding 32,000 MW through sta
US Holds Record Oil Production as Global Energy Markets Watch Closely
American crude output continues to operate near historic highs, influencing international prices that directly impact Mexico's energy finances. Energy markets remain focu
Pemex Announces Historic Investment to Revive National Petrochemicals
Pemex confirmed an investment of approximately 93 billion pesos to strengthen the petrochemical and fertilizer industries, deemed critical for Mexico's energy and product
Pemex Bets on Lithium Exploration Within Oil Fields
Pemex is selecting oil blocks with lithium extraction potential in partnership with UNAM, INEEL, and LitioMX. A multi-institutional approach anchors Mexico's energy sover
Mexico targets 38% renewable energy by end of six-year term
President Sheinbaum announces goal of 38% renewable electricity generation and 32,000 additional megawatts by 2030. Pemex recovers capacity as CFE expands grid infrastruc
OECD Reports 13.2% Surge in Energy Inflation Across Member Nations
Energy prices jumped 13.2% year-over-year across OECD countries in early 2026, driving the organization's average inflation rate to 4.4%. The spike reflects ongoing press
U.S. Dominates Natural Gas Exports to Mexico with 78% Pipeline Share
Mexico remains the primary destination for U.S. pipeline natural gas exports, capturing roughly 78% of cross-border shipments and deepening regional energy integration. T
Mexico and Brazil Team Up on Oil Exploration Deal
President Claudia Sheinbaum announced that Pemex and Petrobras plan to sign a cooperation agreement in June to strengthen Mexico's exploration capacity and tap Brazil's t
Northeastern States Sue Federal Government Over Offshore Wind Decisions
A group of state attorneys general has filed a lawsuit challenging the Trump administration's handling of offshore wind energy projects, arguing that federal decisions co
Mexico and Brazil Team Up on Oil Exploration Deal
President Claudia Sheinbaum announced that Pemex and Brazil's Petrobras are advancing a technical cooperation agreement to share expertise in oil exploration and producti
Mexico Eyes 20,000 MW Renewable Push, Battery Storage Surges Globally
Mexico is poised to add nearly 20,000 megawatts of renewable energy by 2030, with 20% dedicated to battery storage systems. Global battery storage capacity grew robustly
Mexican Peso Starts June Strong, Posts Positive Monthly Gains
The Mexican peso opens June with notable resilience, maintaining macroeconomic stability that reassures financial markets. The currency ended May up 0.65% against the dol
Oil Prices Surge on Middle East Security Tensions
International energy markets rallied sharply on Monday, June 1, 2026, as crude prices climbed on heightened geopolitical concerns. Brent crude jumped 4.92% to $95.60 per
Oil Prices Ease as US-Iran Ceasefire Advances; WTI Near $87
A drop in crude prices eases inflation pressure and reduces Mexico's fuel import costs, a crucial factor for public finances and peso stability. Brent crude closed Friday
Mexico's Regular Gasoline Holds Steady at 23.75 Pesos Per Liter
Stable fuel prices backed by federal tax incentives are shielding Mexican households from international crude volatility while providing crucial certainty for the truckin
Mexico Emerges as Critical Minerals Powerhouse for Energy Transition
Mexico is solidifying its position as a key supplier of critical minerals, driving battery and renewable energy industries through a strategic alliance with the United St
Mexico's CFE Announces Record $23 Billion Infrastructure Investment
Mexico's Federal Electricity Commission launches ambitious modernization plan to strengthen national energy capacity and support economic growth amid nearshoring boom.
Tucumán's Lemon and Sugar Industries Brace for Gas Cuts Up to 90 Days
Potential natural gas shutdowns lasting up to three months are raising alarms among Tucumán's processors of lemon and sugar cane, two pillars of the province's economy. C
EU Raises Climate Targets, Reignites Global Energy Debate
The European Union has lifted its emissions reduction goals, sparking fresh analysis on natural gas's role in the energy transition. The policy shift raises questions abo
Mexico's Energy Roadmap 2050: Grid Modernization and Storage Take Center Stage
Mexico's Energy Secretary releases updated long-term transition plan, prioritizing transmission network upgrades and battery storage to reliably integrate renewable energ
Global Energy Shift Demands Faster Electrification and Grid Upgrades
Current progress on the energy transition falls short of climate goals. A new analysis shows that accelerating electrification across transport, industry, and buildings,
Brazil Unveils Energy Transition Framework for Renewables and Hydrogen
Brazil has launched a national energy transition plan with regulatory updates and investment incentives for renewable generation and low-carbon hydrogen production, creat
Colombia Launches Fast-Track System for Wind and Solar Projects in La Guajira
Colombia has established an inter-institutional coordination mechanism to streamline renewable energy approvals and execution in La Guajira, cutting through administrativ
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