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Mexico Urged To Prepare To Transition Out Of Export Market That Is Too Reliant On Oil, Carlos Navarro
Mexico Urged To Prepare To Transition Out Of Export Market That Is Too Reliant On Oil, Carlos Navarro
NotiEn: An Analytical Digest About Energy Issues in Latin America
In late July, the governments statistics agency (Instituto Nacional de Estadística y Geografía, INEGI) released what appear to be very favorable tradebalance statistics for Mexico. INEGI reported Mexico's trade surplus at nearly US$3.3 billion for the first six months of 2012, compared with surpluses of US$3.1 billion in JanuaryJune 2011 and US$288 million in the first six months of 2010.'
Cuba's Sugar Industry Tries To Recover After Production Falls To Century-Old Levels, Daniel Vázquez
Cuba's Sugar Industry Tries To Recover After Production Falls To Century-Old Levels, Daniel Vázquez
NotiEn: An Analytical Digest About Energy Issues in Latin America
The Cuban sugar crop is being harvested, and a new management system is being put to the test. This model required the end of the historic Ministerio de Azúcar (MINAZ) last September to reduce bureaucratic organizations, modernize technology, and enhance business administration after production fell to 1.1 million tons in 2010, comparable to 1905. The industry, which produced more than 8 million tons of sugar in 1990, now faces disruptions because of equipment breakdowns as well as antiquated machinery in sugar mills built before 1959 when Fidel Castro took power on the island. The official target for the 2012 harvest …
President Felipe Calderón Releases Comprehensive Energy Plan For 2012-2026, Carlos Navarro
President Felipe Calderón Releases Comprehensive Energy Plan For 2012-2026, Carlos Navarro
NotiEn: An Analytical Digest About Energy Issues in Latin America
President Felipe Calderón has submitted a longterm energy plan that proposes to increase to 35% the percentage of electricity obtained from nonfossil fuels by 2026. The ambitious goal, contained the Estrategia Nacional de Energía (ENE) 20122026, seeks to provide Mexicans with diversified, adequate, sustainable, highquality, and lowcost energy. In addition to raising the percentage of electrical power not obtained from hydrocarbons, the plan envisions actions to restore the countrys energy reserves, boost production of crude oil and natural gas, increase energy efficiency, and reduce the energy sector's impact on the environment.'
Mexico, U.S. Reach Landmark Agreement On Deepwater Oil Exploration, Carlos Navarro
Mexico, U.S. Reach Landmark Agreement On Deepwater Oil Exploration, Carlos Navarro
NotiEn: An Analytical Digest About Energy Issues in Latin America
In an unprecedented act of cooperation in the energy sector, the US and Mexican governments signed an agreement establishing a framework for US energy companies to work jointly with the state run oil company PEMEX to develop oil and gas resources in the deep waters of the Gulf of Mexico. The agreement eases a dispute between Mexico and the US about ownership of reserves along a common boundary in the Gulf of Mexico, potentially opening more than 1 million acres to deepwater drilling. Mexico was extremely concerned that drilling by US companies could siphon off reserves on the Mexican side …
Green Economy Does Not Necessarily Mean Sustainability, Adriana Sánchez
Green Economy Does Not Necessarily Mean Sustainability, Adriana Sánchez
NotiEn: An Analytical Digest About Energy Issues in Latin America
A number of multinational corporations have adopted the concept of a "green economy," a model that allows the private sector to implement practices that save energy and reduce pollution. These corporations have not hesitated in using the terms "green" or "sustainable" in their mission statements and in marketing products ranging from shampoo to hydroelectric projects. And while there are some good-faith efforts to promote good environmental practices, critics argue that the moves are more cosmetic and that the bottom line remains profit and not sustainability.
Mexico Announces Plan That Would Greatly Expand Wind-Energy Capacity, Carlos Navarro
Mexico Announces Plan That Would Greatly Expand Wind-Energy Capacity, Carlos Navarro
NotiEn: An Analytical Digest About Energy Issues in Latin America
Mexico launched a number of projects in the first eight months of 2011 that would greatly expand the countrys capability to produce electricity from wind power. The new projects are all funded with private capital, with the largest announced in late July. Under this project, the California-based Cannon Power Group had agreed to invest about US$2.5 billion in the construction of three wind-power parks in Mexico. The facilities—in the states of Baja California, Zacatecas, and Quintana Roo--would have a combined capacity of 322 megawatts.'
In Colombia, Blossoming Biofuel Industry Driven By Top-Down Targets And Incentives, Benjamin Witte-Lebhar
In Colombia, Blossoming Biofuel Industry Driven By Top-Down Targets And Incentives, Benjamin Witte-Lebhar
NotiEn: An Analytical Digest About Energy Issues in Latin America
In the span of just a few short years, Colombia--already a major oil and coal producer--has developed an entirely different energy industry: biofuels. The industrys pedal-to-the-metal production surge has attracted no shortage of admirers, who hail the biofuel bonanza as a model worth emulating. Others, however, question the social, economic, and even environmental implications of harvesting fuel from the country's fertile fields.'
Brazilian Government Attempts To Stabilize Ethanol Supply With New Regulation, Ana Cristina Powell
Brazilian Government Attempts To Stabilize Ethanol Supply With New Regulation, Ana Cristina Powell
NotiEn: An Analytical Digest About Energy Issues in Latin America
For the past four decades, Brazil has moved to replace petroleum with highly efficient sugarcane-based ethanol, primarily to protect against recurring global oil crises and address concerns about the effect of greenhouse-gas emissions on the environment. Despite the immense promise of the ethanol industry, however, Brazilian drivers who choose to fill their tanks with the biofuel continue to face uncertain supplies and unstable prices. Even before being sworn in on Jan. 1, 2011, Brazil's President-elect Dilma Rousseff met with her agriculture minister-designate Wagner Rossi to request that he confer with ethanol producers to inform them how dissatisfied the government was …
Uruguay Banks On Wind Power, Andrés Gaudín
Uruguay Banks On Wind Power, Andrés Gaudín
NotiEn: An Analytical Digest About Energy Issues in Latin America
Little more than two years after initiating a wind-energy pilot project, Uruguay has made a decisive commitment to substantially change its energy matrix. In April, besides sealing various agreements, it held a series of invitations for bids to offer the private sector—-national or international—-contracts to build several wind parks in the next four years that will allow the country to add 500 megawatts of energy produced by the generous winds that sweep across almost the entire territory. Since the first project was inaugurated in October 2008 by the Argentine firm Nuevo Manantial, which contributes 10 MW of installed capacity to …
Congress Overwhelmingly Approves Legislation To Reform State-Run Oil Company Pemex, Sourcemex
Congress Overwhelmingly Approves Legislation To Reform State-Run Oil Company Pemex, Sourcemex
NotiEn: An Analytical Digest About Energy Issues in Latin America
In what many consider a historic step toward changing Mexico's antiquated petroleum sector, the Congress approved legislation to overhaul the state-run oil company PEMEX. The measure was approved overwhelmingly in both houses of Congress in October, although there was some dissent within the ranks of the center-left Partido de la Revolucion Democratica (PRD). Some members of the PRD broke with their moderate colleagues because of opposition to a provision that allows PEMEX to hire private and foreign companies for key activities in the oil sector. Another key change that allows the company more control of its revenues received overwhelming support. …
New Oil Find Boosts Cuba's Energy Prospects, Noticen
New Oil Find Boosts Cuba's Energy Prospects, Noticen
NotiEn: An Analytical Digest About Energy Issues in Latin America
The Canadian firms Sherritt International and PEBERCAN announced last month that they had discovered oil deposits in the Santa Cruz 100 oil field in the Gulf of Mexico.According to the results of explorations in offshore blocks allotted to the companies 55 km east of Havana, the Santa Cruz 100 field could measure up to 20 sq km and produce high-grade oil of far better quality than the heavy crude Cuba now produces. Two appraisal wells are to be sunk in early 2005 to permit detailed analysis. Sherritt and PEBERCAN are developing other fields in joint ventures with the Cuban state …
Electifying The Electorate To Save The Government: Top Priority For Dominican Republic's President Leonel Fernandez, Noticen
NotiEn: An Analytical Digest About Energy Issues in Latin America
The Dominican Republic has been suffering an electricity shortage that now threatens, implied second-term President Leonel Fernandez (see NotiCen, 2004-05-20), to bring his government down. Blackouts have become a way of life in the country, so much so that the problem was incorporated into Fernandez's inauguration speech last Aug. 16, when he spoke of seeking private bank loans to shore up the failing power-generating and distribution system. The Superintendencia de Electricidad reported in September that the system produces less than half the country's demand. Several plants were out of service for lack of fuel, while others functioned at a fraction …