01/15 Closing Prices / revised 01/16/2026 10:59 GMT | 01/15 OPEC Basket Price $62.77 -1.30 cents | 01/15 Mexico Basket (MME)  $53.30 -.2.77 cents  11/14 average (Oct) Venezuela Basket (Merey)  $ 47.51   -1.05 cents | 01/15 NYMEX Light Sweet Crude  $59.19 -$2.83 cents | 01/15 ICE Brent  $63.76 – 2.76 cents 01/15 RBOB Gasoline NY Harbor 06/06  $1.7838 0.0466 cents | 01/15 Heating Oil NY Harbor  $2,2083 -0.0736 cents | 01/15 NYMEX Natural Gas  $3.128 +0.008 cents | 01/09 Baker Hughes Rig Count (Oil & Gas)  544 -2 | 01/16 USD – Dollar/MXN  17.6511 (data live) 01/16 EUR – USD  $1.1614 (data live)  01/16 US/Bs. (Bolivar) Bs 341,74250000 (data BCV) (Parallel Bs. 481.00-617.00-estimated) Source: WTRG/MSN/Bloomberg/MarketWatch/Reuters/larepublica.pe, Zelle, cash, transfer.

Mexico’s President Lopez Obrador outlines renewable energy push ahead of Kerry visit – Reuters

Mexico’s President Andres Manuel Lopez Obrador (AMLO) speaks during a news conference at the National Palace in Mexico City, Mexico September 30, 2022. (Henry Romero/Reuters)

Reporting by Brendan O’Boyle, Reuters

MEXICO CITY
EnergiesNet.com 10 18 2022

Mexican President Andres Manuel Lopez Obrador outlined goals to turn a northwestern agricultural state into a green energy center on Monday, ahead of a visit later this month by U.S. climate envoy John Kerry.

The plan focuses on expanding solar energy capacity and lithium production in the state of Sonora, where Lopez Obrador said he hoped to meet with Kerry, possibly at a solar plant under construction in the coastal city of Puerto Penasco in the state of Sonora.

Lopez Obrador said the plan envisions the construction of four or five new solar plants, which would have the same productive capacity as the Puerto Penasco plant.

“It’s a comprehensive plan,” the president said, adding that “all the agencies of the federal government” are involved.

The plan also incorporates efforts to develop Mexico’s lithium industry, which Lopez Obrador’s government nationalized this year, as well as the electric car industry in Sonora.

Mexico is Latin America’s top automaker, and the government wants to boost electric car sales from the current 5% to 50% by 2030.

Lopez Obrador also mentioned plans to build a factory to produce batteries, but did not specify what kind.

Lithium batteries are a critical component of electric vehicles. Currently no country in Latin America produces lithium batteries at a commercial scale.

Mexico’s energy policy has triggered the worst trade dispute with the United States in years. Washington has accused Lopez Obrador’s government of adopting measures that discriminate against U.S. companies.

Reporting by Brendan O’Boyle; Editing by Paul Simao

reuters.com 10 17 2022

Share this news

Leave a Comment


 EnergiesNet.com

About Us

 

By Elio Ohep · Launched in 1999 under Petroleumworld.com

Information & News on Latin America’s Energy, Oil, Gas,
Renewables, Climate, Technology, Politics and Social issues

Contact : editor@petroleuworld.com


CopyRight©1999-2024, Petroleumworld.com
, EnergiesNet.com™  /
Elio Ohep – All rights reserved
 

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission fromPetroleumworld or the copyright owner of the materia

 

Energy - Environment

No posts found!

Point of View

EIA Total Energy Review
This Week in Petroleum