Mexico City, Mexico
Mexico City, Mexico

Petróleos Mexicanos , which translates to Mexican Petroleums, is the Mexican state-owned petroleum company, created in 1938 by nationalized petroleum and the expropriation of all private foreign and domestic companies at that time. Pemex has a total asset worth of $415.75 billion, and is the world's second largest non-publicly listed company by total market value, and Latin America's second largest enterprise by annual revenue as of 2009, surpassed only by Petrobras . The majority of its shares are not listed publicly and are under control of the Mexican government, with the value of its publicly listed shares totaling $202 billion in 2010, representing approximately one quarter of the company's total net worth. Emilio Lozoya Austin is the current CEO of Pemex. Wikipedia.


Time filter

Source Type

News Article | May 9, 2017
Site: www.prnewswire.com

All earnings, adjusted earnings, earnings per share and adjusted earnings per share for 2016 have been recast to reflect the adoption of a share-based compensation accounting standard in 2016. Additionally, first-quarter 2016 results for Southern California Gas Co. (SoCalGas) and San Diego Gas & Electric (SDG&E) did not include revenue from their 2016-18 General Rate Case, as the California Public Utilities Commission (CPUC) did not issue its final decision until last year's second quarter. Sempra Energy's first-quarter adjusted earnings were $438 million, or $1.74 per diluted share, in 2017, up from $404 million, or $1.60 per diluted share, in 2016. Last year's adjusted first-quarter results excluded a $27 million after-tax loss related to the previously announced agreement to sell Sempra LNG & Midstream's stake in the Rockies Express Pipeline (REX) and $24 million of deferred tax expense related to the planned Termoeléctrica de Mexicali (TdM) power plant sale. Sempra Energy's adjusted first-quarter 2017 results excluded a $3 million deferred tax benefit related to the planned sale of TdM. Earnings for SoCalGas were $203 million in the first quarter 2017, compared with $199 million in the first quarter 2016. First-quarter earnings for SDG&E were $155 million in 2017, compared with $136 million in 2016, due primarily to higher CPUC base margin and lower operating expenses. Earnings for Sempra South American Utilities were $47 million in the first quarter 2017, compared with $38 million in the first quarter 2016, primarily due to higher operating earnings in Peru. Sempra Mexico had first-quarter earnings of $48 million in 2017, compared with $18 million in 2016, due primarily to the $24 million in deferred tax expense in 2016 related to the planned TdM sale, offset by unfavorable foreign-currency and inflation impacts in 2017. Additionally, Sempra Mexico benefited in the first quarter 2017 from incremental operating earnings from subsidiary IEnova's acquisitions late last year of the Ventika wind farm complex and PEMEX's stake in the Gasoductos de Chihuahua joint venture, and higher regulatory earnings from projects in construction. First-quarter 2017 earnings for Sempra Renewables were $11 million, compared with $14 million in last year's first quarter. Sempra LNG & Midstream had earnings of $1 million in the first quarter 2017, compared with a loss of $32 million in the first quarter 2016, primarily due to the $27 million after-tax loss in 2016 related to the agreement to sell its stake in REX. Sempra Energy today reaffirmed its 2017 earnings-per-share guidance range of $4.85 to $5.25. First-quarter adjusted earnings and adjusted earnings per share for both 2017 and 2016 are non-GAAP financial measures. Additional information regarding these non-GAAP financial measures is in the appendix on Table A of the first-quarter financial tables. Sempra Energy will broadcast a live discussion of its earnings results over the Internet today at 12 p.m. EDT with senior management of the company.  Access is available by logging onto the website at www.sempra.com. For those unable to log onto the live webcast, the teleconference will be available on replay a few hours after its conclusion by dialing (888) 203-1112 and entering passcode 2862957. Sempra Energy, based in San Diego, is a Fortune 500 energy services holding company with 2016 revenues of more than $10 billion. The Sempra Energy companies' more than 16,000 employees serve approximately 32 million consumers worldwide. This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  These statements can be identified by words like "believes," "expects," "anticipates," "plans," "estimates," "projects," "forecasts," "contemplates," "assumes," "depends," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "target," "pursue," "outlook," "maintain," or similar expressions or discussions of guidance, strategies, plans, goals, opportunities, projections, initiatives, objectives or intentions. Forward-looking statements are not guarantees of performance.  They involve risks, uncertainties and assumptions. Future results may differ materially from those expressed in the forward-looking statements. Factors, among others, that could cause actual results and future actions to differ materially from those described in forward-looking statements include: actions and the timing of actions, including decisions, new regulations, and issuances of permits and other authorizations by the California Public Utilities Commission, U.S. Department of Energy, California Division of Oil, Gas, and Geothermal Resources, Federal Energy Regulatory Commission, U.S. Environmental Protection Agency, Pipeline and Hazardous Materials Safety Administration, Los Angeles County Department of Public Health, states, cities and counties, and other regulatory and governmental bodies in the United States and other countries in which we operate; the timing and success of business development efforts and construction projects, including risks in obtaining or maintaining permits and other authorizations on a timely basis, risks in completing construction projects on schedule and on budget, and risks in obtaining the consent and participation of partners; the resolution of civil and criminal litigation and regulatory investigations; deviations from regulatory precedent or practice that result in a reallocation of benefits or burdens among shareholders and ratepayers; modifications of settlements; delays in, or disallowance or denial of, regulatory agency authorizations to recover costs in rates from customers (including with respect to regulatory assets associated with the San Onofre Nuclear Generating Station facility and 2007 wildfires) or regulatory agency approval for projects required to enhance safety and reliability; the availability of electric power, natural gas and liquefied natural gas, and natural gas pipeline and storage capacity, including disruptions caused by failures in the transmission grid, moratoriums on the withdrawal or injection of natural gas from or into storage facilities, and equipment failures; changes in energy markets; volatility in commodity prices; moves to reduce or eliminate reliance on natural gas; the impact on the value of our investment in natural gas storage and related assets from low natural gas prices, low volatility of natural gas prices and the inability to procure favorable long-term contracts for storage services; risks posed by actions of third parties who control the operations of our investments, and risks that our partners or counterparties will be unable or unwilling to fulfill their contractual commitments; weather conditions, natural disasters, accidents, equipment failures, computer system outages, explosions, terrorist attacks and other events that disrupt our operations, damage our facilities and systems, cause the release of greenhouse gases, radioactive materials and harmful emissions, cause wildfires and subject us to third-party liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits) or may be disputed by insurers; cybersecurity threats to the energy grid, storage and pipeline infrastructure, the information and systems used to operate our businesses and the confidentiality of our proprietary information and the personal information of our customers and employees; capital markets and economic conditions, including the availability of credit and the liquidity of our investments; fluctuations in inflation, interest and currency exchange rates and our ability to effectively hedge the risk of such fluctuations; changes in the tax code as a result of potential federal tax reform, such as the elimination of the deduction for interest and non-deductibility of all, or a portion of, the cost of imported materials, equipment and commodities; changes in foreign and domestic trade policies and laws, including border tariffs, revisions to favorable international trade agreements, and changes that make our exports less competitive or otherwise restrict our ability to export; the ability to win competitively bid infrastructure projects against a number of strong and aggressive competitors; expropriation of assets by foreign governments and title and other property disputes; the impact on reliability of San Diego Gas & Electric Company's (SDG&E) electric transmission and distribution system due to increased amount and variability of power supply from renewable energy sources; the impact on competitive customer rates due to the growth in distributed and local power generation and the corresponding decrease in demand for power delivered through SDG&E's electric transmission and distribution system and from possible departing retail load resulting from customers transferring to Direct Access and Community Choice Aggregation; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the Securities and Exchange Commission. These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on the company's website at www.sempra.com. Investors should not rely unduly on any forward-looking statements.  These forward-looking statements speak only as of the date hereof, and the company undertakes no obligation to update or revise these forecasts or projections or other forward-looking statements, whether as a result of new information, future events or otherwise. Sempra South American Utilities, Sempra Infrastructure, Sempra LNG & Midstream, Sempra Renewables, Sempra Mexico and IEnova are not the same as the California utilities, San Diego Gas & Electric (SDG&E) or Southern California Gas Company (SoCalGas), and are not regulated by the California Public Utilities Commission. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sempra-energy-reports-higher-first-quarter-2017-earnings-300453694.html


News Article | May 17, 2017
Site: www.prnewswire.co.uk

The Chemical EOR Market Forecast 2017-2027 responds to your need for definitive market data: Read on to discover how you can exploit the future business opportunities emerging in this sector. Visiongain's new study tells you and tells you NOW. In this brand new report, you find 207 in-depth tables, charts and graphs all unavailable elsewhere. The 254 page report provides clear detailed insight into the global Chemical EOR market. Discover the key drivers and challenges affecting the market. By ordering and reading our brand new report today you stay better informed and ready to act. Report Scope The report delivers considerable added value by revealing: • 207 tables, charts and graphs analysing and revealing the growth prospects and outlook for the Chemical EOR. • Chemical EOR market provides spending and production from 2017-2027 for 6 Chemical EOR technologies: • ASP • Polymer • Surfactant • Biopolymer • ASP/Polymer • Polymer/Surfactant • Regional Chemical EOR market forecasts from 2017-2027 with drivers and restraints for the regions including: • China • Canada • Russia • Oman • Rest of Middle East • Indonesia • Venezuela • Colombia • Rest of Latin America • United States • India • Mexico • North Sea • Malaysia • Rest of the World • Company profiles for the leading 10 Chemical EOR companies • BlackPearl Resources • Cenovus Energy • PetroChina (CNPC) • China National Offshore Oil Corporation (CNOOC) • Canadian Natural Resources (CNRL) • Murphy Oil Corporation • Petroleum Development Oman (PDO) • Rex Energy • Sinopec Corp • Zargon Oil and Gas • Conclusions and recommendations which will aid decision-making How will you benefit from this report? • Keep your knowledge base up to speed. Don't get left behind • Reinforce your strategic decision-making with definitive and reliable market data • Learn how to exploit new technological trends • Realise your company's full potential within the market • Understand the competitive landscape and identify potential new business opportunities & partnerships Who should read this report? • Anyone with involvement in the Chemicals and Oil company • Energy price reporting companies • Energy company managers • Energy consultants • Oil and gas company executives and analysts • Heads of strategic development • Business development managers • Marketing managers • Market analysts, • Technologists • Suppliers • Investors • Banks • Government agencies Visiongain's study is intended for anyone requiring commercial analyses for the Chemical EOR market and leading companies. You find data, trends and predictions. Buy our report today the Chemical Enhanced Oil Recovery (EOR) Market 2017-2027: Spending and Production Forecasts for Polymers, Surfactants, Biopolymers and ASP & Forecast by Region Plus Profiles of Top Companies. Avoid missing out by staying informed - get our report now. To request a report overview of this report please email Sara Peerun at sara.peerun@visiongain.com or call Tel: +44-(0)-20-7336-6100 3F Chimica Accelerated Oil Technologies LLC Al Qaeda Alberta Energy Regulator Anterra Energy Inc BASF Beijing Hengju Chemical Group Corp Belayim Petroleum Company Berexco BlackPearl Resources BP BP Migas Cairn Energy India CASCO CCC Leduc Cenovus Centre of Excellence in EOR (Malaysia) Chemical EOR Alliance Chevron China Petroleum & Chemical Corporation Chinese EOR Laboratory CNOOC CNPC CNRL Connacher Oil and Gas Limited Dow Ecopetrol S.A EOR Centre of Excellence (Oman) EXPEC Advanced Research Center ExxonMobil FORCE (Forum for improved oil and gas recovery and improved exploration in Norway) GlassPoint Government Agencies and Other Organisations Mentioned in This Report Government of Alberta Government of Oman Harvest Energy Harvest Operations Huntsman Husky Energy Husky Oil Operations Hyak Energy Hyundai IFP Energies Nouvelles Instituto Colombiano del Petróleo (ICP) Kemira KOC Lukoil Medco Enerji Internasional Murphy Oil Nalco National Energy Technology Laboratory (NETL) National Enhanced Oil Recovery Institute Nexen Inc. Norwegian Government Occidental Petroleum Oil & Gas UK Oil Chem Technologies Oil India Ltd. ONGC OPEC Pan American Energy Partex Corporation Pengrowth Energy Corporation Penn West Pertamina Petroamazonas Petrobras Petrochina Petrofac Petróleos de Venezuela, S.A. (PDVSA) Petróleos Mexicanos (PEMEX) Petroleum Development Oman (PDO) Petroleum Technology Research Centre Petronas PT Chevron Pacific Indonesia PT Erraenersi Konstruksindo PT Multi Structure PwC Repsol Research Partnership to Secure Energy for America (RPSEA) Rex Energy RNZ Integrated Rock Energy RusPAV Saskatchewan Ministry of the Economy Sasol Saudi Aramco Shandong Polymer Bio-Chemicals Co. Ltd Shell (Royal Dutch Shell) Shell Canada Shell Chemicals Shell Malaysia SIBUR Siemens Energy Sinopec (China Petroleum and Chemical Corporation) SNF Floerger SNF Group Solvay Statoil Stepan Surtek Talisman TD Securities Terrex Energy Texaco Texas A&M University Tiorco Titan Oil Recovery Inc. Total UAE Oil Ministry University of Kansas University of Oklahoma University of Wyoming University of Wyoming Enhanced Oil Recovery Institute US Department of Energy (DoE) US EIA Wintershall World Bank YPF Zargon Oil and Gas To see a report overview please email Sara Peerun on sara.peerun@visiongain.com


CALGARY, Alberta, May 18, 2017 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD) (OTCQB:NSFDF) advises that it has commenced work on the first ever SFD® Multi-Client Survey in the Gulf of Mexico. NXT’s patented SFD® Technology has been approved by the Comisión Nacional de Hidrocarburos, (“CNH”), for work credits by exploration companies in Mexico.  Details of the authorization can be found on the ARES (CNH Exploration Authority) website: http://www.gob.mx/cnh/documentos/consulta-las-ares-otorgadas The airborne survey will be conducted over the areas that have been identified by CNH for the shallow water bid-round 2.1, covering the Tampico-Misantla, Veracruz and Cuencas del Sureste exploration areas. For further information on these areas please visit: http://rondasmexico.gob.mx/r2-l01-bloques The SFD® survey covers an area of approximately 8,900 square kilometers and provides participants with a unique data set which may be used to confirm seismically identified potential traps.  The SFD® survey may also provide critical information on the presence of potential trapped fluid accumulations, which may be useful in the evaluation of prospective blocks. The Company anticipates the program will take approximately 25 days to complete.  The results and recommendations will be made available to participating customers prior to the bid round.  The survey data should then have continuing utility to the winning bidders as they develop their drilling plans. NXT was recently featured in a supplement of the Oil and Gas Journal that focused on the Mexican Hydrocarbon and Electricity sectors.  To download a copy of the article please visit www.ogj.com. George Liszicasz, Chairman and CEO of NXT stated, “We are very pleased to commence work on this ’first of a kind’ survey, and look forward to working with our customers on the integration of this data set to identify the areas on which to focus their exploration efforts.  This survey builds on the existing SFD® database that we acquired in the Gulf of Mexico in 2012 for PEMEX, where SFD® anomalies have been proven by drilling activity.  We continue to view the Gulf of Mexico as one of immense importance for NXT.” NXT Energy is a Calgary based company whose proprietary Stress Field Detection ("SFD®") survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method which can be used both onshore and offshore to remotely identify areas with exploration potential for traps and reservoirs.  The SFD® survey system enables our clients to focus their hydrocarbon exploration decisions concerning land commitments, data acquisition expenditures and prospect prioritization on areas with the greatest potential.  SFD® is environmentally friendly and unaffected by ground security issues or difficult terrain, and is the registered trademark of NXT Energy Solutions Inc.  NXT Energy provides its clients with an effective and reliable method to reduce time, costs, and risks related to exploration. This news release may include forward-looking statements. When used in this document, words such as “intends”, “plans”, “anticipates”, “expects” and “scheduled”, are forward-looking statements. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized.  Any number of factors can cause actual results to differ materially from those in the forward-looking statements.  Risk factors facing NXT Energy are described in its most recent MD&A for the year ended December 31, 2016 which has been filed electronically by means of the System for Electronic Document Analysis and Retrieval ("SEDAR") located at www.sedar.com.  Such forward-looking statements are made as at the date of this news release, and the Company assumes no obligation to update or revise them, either publicly or otherwise, to reflect new events, information or circumstances, except as may be required under applicable securities law. Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) nor the OTC QB Markets accept responsibility for the adequacy or accuracy of this release.


CALGARY, Alberta, May 18, 2017 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD) (OTCQB:NSFDF) advises that it has commenced work on the first ever SFD® Multi-Client Survey in the Gulf of Mexico. NXT’s patented SFD® Technology has been approved by the Comisión Nacional de Hidrocarburos, (“CNH”), for work credits by exploration companies in Mexico.  Details of the authorization can be found on the ARES (CNH Exploration Authority) website: http://www.gob.mx/cnh/documentos/consulta-las-ares-otorgadas The airborne survey will be conducted over the areas that have been identified by CNH for the shallow water bid-round 2.1, covering the Tampico-Misantla, Veracruz and Cuencas del Sureste exploration areas. For further information on these areas please visit: http://rondasmexico.gob.mx/r2-l01-bloques The SFD® survey covers an area of approximately 8,900 square kilometers and provides participants with a unique data set which may be used to confirm seismically identified potential traps.  The SFD® survey may also provide critical information on the presence of potential trapped fluid accumulations, which may be useful in the evaluation of prospective blocks. The Company anticipates the program will take approximately 25 days to complete.  The results and recommendations will be made available to participating customers prior to the bid round.  The survey data should then have continuing utility to the winning bidders as they develop their drilling plans. NXT was recently featured in a supplement of the Oil and Gas Journal that focused on the Mexican Hydrocarbon and Electricity sectors.  To download a copy of the article please visit www.ogj.com. George Liszicasz, Chairman and CEO of NXT stated, “We are very pleased to commence work on this ’first of a kind’ survey, and look forward to working with our customers on the integration of this data set to identify the areas on which to focus their exploration efforts.  This survey builds on the existing SFD® database that we acquired in the Gulf of Mexico in 2012 for PEMEX, where SFD® anomalies have been proven by drilling activity.  We continue to view the Gulf of Mexico as one of immense importance for NXT.” NXT Energy is a Calgary based company whose proprietary Stress Field Detection ("SFD®") survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method which can be used both onshore and offshore to remotely identify areas with exploration potential for traps and reservoirs.  The SFD® survey system enables our clients to focus their hydrocarbon exploration decisions concerning land commitments, data acquisition expenditures and prospect prioritization on areas with the greatest potential.  SFD® is environmentally friendly and unaffected by ground security issues or difficult terrain, and is the registered trademark of NXT Energy Solutions Inc.  NXT Energy provides its clients with an effective and reliable method to reduce time, costs, and risks related to exploration. This news release may include forward-looking statements. When used in this document, words such as “intends”, “plans”, “anticipates”, “expects” and “scheduled”, are forward-looking statements. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized.  Any number of factors can cause actual results to differ materially from those in the forward-looking statements.  Risk factors facing NXT Energy are described in its most recent MD&A for the year ended December 31, 2016 which has been filed electronically by means of the System for Electronic Document Analysis and Retrieval ("SEDAR") located at www.sedar.com.  Such forward-looking statements are made as at the date of this news release, and the Company assumes no obligation to update or revise them, either publicly or otherwise, to reflect new events, information or circumstances, except as may be required under applicable securities law. Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) nor the OTC QB Markets accept responsibility for the adequacy or accuracy of this release.

Loading PEMEX collaborators
Loading PEMEX collaborators