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Mitsubishi Motors Corporation (MMC) and Chrysler de Mexico (CdM) announced a five-year agreement in which MMC will supply its global compact sedan to CdM, to be sold in Mexico starting November 2014. —Bruno Cattori, President and CEO of Chrysler de Mexico.
Exxon Mobil Corporation is commencing development of the ultra-deepwater Julia oil field in the Gulf of Mexico. ExxonMobil, the operator, and Statoil Gulf of Mexico LLC each hold a 50% interest in the Julia unit. The blocks are WR-584, WR-627, WR-628, WR-540 and WR-583.
Marathon Oil Corporation announced that its Droshky development in the deepwater Gulf of Mexico has begun production on time and under budget. This marks the first new deepwater production since the Obama Administration halted drilling after the Deepwater Horizon accident.
Toyota Motor Corporation (TMC) and Mazda Motor Corporation (Mazda) announced that Mazda’s new plant in Mexico, currently under construction, will produce a Toyota-brand vehicle for sale mainly in North America. The sub-compact Toyota-brand vehicle, to be based on the Mazda2, is to start.
Mazda Motor Manufacturing de Mexico S.A. V (MMMdM), a joint venture production company owned by Mazda Motor Corporation and Sumitomo Corporation, will increase the production capacity at its plant currently under construction in Salamanca, Mexico in the fiscal year ending March 2016.
Mazda Motor Corporation has signed formal agreements and begun preparations to establish a Mazda vehicle production facility in Mexico and a sales company in Brazil, in alliance with Sumitomo Corporation. It will be constructed in Salamanca city, Guanajuato state, 250 kilometers northwest of Mexico City. million units.
Chevron Corporation announced a new oil discovery at the Moccasin prospect in the deepwater US Gulf of Mexico. Chevron is one of the largest leaseholders in the Gulf of Mexico and is currently developing the $7.5 The Keathley Canyon Block 736 Well No. billion Jack/St. Malo and the $4.1 billion Big Foot projects.
Chevron Corporation announced that it had conducted a successful production test on the St. Malo PS003 well in the prolific Lower Tertiary trend in the deepwater Gulf of Mexico. Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 barrels of oil per day. Chevron’s Jack/St.
Petrobras will be the first company to operate an FPSO (floating oil production, storage and outflow) type platform in the American portion of the Gulf of Mexico (GoM), in the Cascade and Chinook fields. BW Pioneer will be the first FPSO to be deployed in the US Gulf of Mexico and turret moored at the deepest waters ever for an FPSO.
BP announced today the drilling of a successful appraisal well in a previously untested northern segment of the Mad Dog field in the deepwater US Gulf of Mexico. interest, Chevron Corporation, through its subsidiary Union Oil Company of California, has a 15.6% in about 4,500 feet (1,371 meters) of water. BP maintains a 60.5%
reported reducing CO2 emissions from global corporate activities in fiscal year 2013 while increasing vehicle production by 5.1%. Nissan is reducing the environmental impact of its corporate activities through widespread power conservation. For example, in Mexico, Nissan is using wind turbines to help run its Aguascalientes plant.
Chevron Corporation has sanctioned development of its $4-billion Big Foot project in the deepwater US Gulf of Mexico. Big Foot will be Chevron’s sixth operated facility in the deepwater Gulf of Mexico and located approximately 225 miles (360 km) south of New Orleans, Louisiana, in water depths of 5,200 feet (1,600 m).
The Gulf of Mexico Research Initiative (GRI) Research Board announced that eight Research Consortia will be funded for the next three years with a total of $112.5 million to study the effects of the Deepwater Horizon oil spill in the Gulf of Mexico. Project Title: Gulf of Mexico Integrated Spill Response Consortium.
An international consortium operated by Chevron Corporation’s subsidiary, Chevron Energía de Mexico, S de R.L. signed an exploration contract with Mexico’s National Hydrocarbons Commission (CNH), representing the Mexican government, for Block 3 in the deepwater Gulf of Mexico.
Exxon Mobil Corporation announced two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico after drilling the company’s first post-moratorium deepwater exploration well. “This is one of the largest discoveries in the Gulf of Mexico in the last decade.” Graphic: Business Wire).
Chevron Corporation has sanctioned development of the Jack/St. Malo project, its first operated project located in the Lower Tertiary trend in the deepwater US Gulf of Mexico. The Jack and St. Chevron, through its subsidiary Chevron USA Inc., has working interests of 50% in the Jack field, 51% in the St.
announced discoveries at the Tamar Southwest (SW) exploration well offshore Israel and at the Dantzler exploration well in the Deepwater Gulf of Mexico. In the Deepwater Gulf of Mexico, the Company anticipates drilling at least two additional Miocene trend prospects in 2014. Noble Energy, Inc. with 20 percent.
Chevron Corporation announced a significant oil discovery at the Anchor prospect in the deepwater US Gulf of Mexico. The Anchor discovery, along with the previously announced Guadalupe discovery, are significant finds for us in the deepwater Gulf of Mexico. Anchor co-owners are Cobalt International Energy, Inc. (20%),
Nucor Corporation is forming a 50-50 joint venture with JFE Steel Corporation of Japan to build and operate a plant in central Mexico to supply that country’s automotive market. Automotive production in Mexico is projected to increase from 3.4 JFE Steel Corporation is one of the world’s leading integrated steel producers.
Hess Corporation will proceed with the development of Tubular Bells, a deepwater oil and gas project operated by Hess in the Gulf of Mexico. Discovered in 2003, Tubular Bells is located approximately 135 miles southeast of New Orleans in the Mississippi Canyon area.
made progress in reducing CO 2 emissions and improving sustainability in its global corporate activities in fiscal year 2014 while simultaneously increasing vehicle production and plant energy efficiency. Nissan is utilizing a number of proven forms of sustainable energy generation to help minimize its corporate carbon footprint.
These should be traveling the world’s oceans by the end of 2023, serving the North American route between Emden in Germany and Veracruz in Mexico. Exclusive long-term agreements have been signed with shipowners Wallenius Marine and SFL Corporation for the use of the four new car carriers on the North Atlantic route.
Mazda Motor Corporation announced that cumulative production of the Mazda3 (known as Mazda Axela in Japan) reached four million units on 22 January 2014—ten years and seven months after production of the first-generation model commenced in June 2003. No other Mazda model has reached the milestone as quickly.
Chevron Corporation’s subsidiary, Chevron USA will now work with BP Exploration and Production Inc. (BP) BP) and ConocoPhillips Company (COP) to explore and to appraise jointly-held offshore leases in the emerging Paleogene trend in the deepwater Gulf of Mexico. —Richard Morrison, president of BP’s Gulf of Mexico business.
San Juan River-Raton-Black Mesa Basin (Arizona, Colorado and New Mexico): New Mexico Institute of Mining and Technology plans to determine the rare earth elements and critical minerals resource potential in coal and related stratigraphic units in the San Juan and Raton basins in New Mexico. DOE Funding: $1,499,999.
Initial members of the C40 Electric Vehicle Network are : Bogota, Buenos Aires, Chicago, Copenhagen, Delhi, Hong Kong, Houston, London, Los Angeles, Mexico City, Toronto, Sao Paulo, Seoul and Sydney. The four vehicle manufacturers are BYD, Mitsubishi Motors Corporation (MMC), Nissan and Renault.
CPKC moves essential goods across a 20,000-mile network to support economic growth throughout Canada, the US and Mexico. In June, CPKC and CSX Corporation announced their intent to enter into a joint venture for the building and deployment of hydrogen locomotive conversion kits for diesel electric locomotives.
Reports about Tesla’s potential facility in Mexico emerged last year after CEO Elon Musk visited the area and met with officials. ” “If companies are considering investment in Mexico, I think Nuevo Leon is the best place,” the official said. Nuevo Leon is not just looking to attract Tesla.
Fluor Corporation was awarded an engineering, procurement and construction management (EPCM) contract by Joule Unlimited, Inc., to design and build a biofuels demonstration facility in New Mexico. Fluor booked the undisclosed contract value in the fourth quarter of 2011.
In line with the “local for local” principle, the next development phase will take place in Mexico, where the piston system will be adapted to regional fuel characteristics and undergo final optimization with regard to thermodynamics. Earlier post.)
Mazda Motor Corporation is enhancing production capacity for SKYACTIV-G gasoline engines and SKYACTIV-D diesel engines at its Hiroshima Plant. In addition, the engines will be produced in Mexico at Mazda Motor Manufacturing de Mexico S.A. Earlier post.) where production began in June of 2013.
Anadarko Petroleum Corporation announced that its Shenandoah-2 well in the deepwater Gulf of Mexico encountered more than 1,000 net feet of oil pay in multiple high-quality Lower Tertiary-aged reservoirs.
Motiv Power Systems announced a five-vehicle purchase order from Bimbo Bakeries USA, the US business of Mexico City-based Grupo Bimbo. The vehicles will feature Motiv’s all-electric EPIC 6 chassis (based on the popular Ford F-59 platform) with step van bodies built by Utilimaster Corporation.
Mexico’s state oil company PEMEX Refining has awarded ICA Fluor, the industrial construction joint venture of Empresas ICA, S.A.B. and Fluor Corporation, engineering, procurement and construction (EPC) contracts for two low-sulfur gasoline projects in Mexico. The work is scheduled to be executed over a term of 44 months.
NASA has selected a team led by Ball Aerospace & Technologies Corporation of Boulder, Colo., for a technology demonstration of a high performance “green” propellant alternative to the highly toxic fuel hydrazine. NASA’s Green Propellant Infusion Mission is expected to be developed and flown in approximately three years.
Electrochaea GmbH, a European provider of renewable methane technology, has established a California-based US subsidiary, Electrochaea Corporation, to accelerate the commercial roll-out of its technology in North America. Electrochaea’s headquarters, with laboratories, engineering and business functions, will remain in Munich.
Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 In the US Gulf of Mexico deepwater, BP will gain a portfolio with interests in some 240 leases, with a particular focus on the emerging Paleogene play in the ultra-deepwater.
Verenium Corporation, a leading industrial biotechnology company focused on the development and commercialization of high-performance enzymes, has introduced VEREFLOW alpha-amylase, a unique enzyme for the removal of filter cake created by water-based mud containing starch and other polymers used in drilling operations. in Mexico City.
Japan’s Nidec Corporation and Brazil’s Embraer agreed to establish a joint venture company, called Nidec Aerospace LLC, to develop electric propulsion systems for the aerospace sector. The headquarters, located at Nidec Motor Corporation (NMC) in St.
Bridgestone Corporation (BSJ) announced plans for an extensive research project in the United States dedicated to developing Guayule as a commercially viable, renewable source of high-quality natural rubber and as an alternative to the Hevea tree. This plant produces natural rubber in its bark and roots.
Chevron Corporation entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. This transaction builds strength on strength for Chevron.
Oshkosh Corporation ran two Light Concept Vehicles (LCV) through the 43 rd Annual Tecate SCORE Baja 1000 off-road race course in Mexico, 18-20 November; one crossed the finish line of the 1,061-mile desert course. The Oshkosh Extreme Racing team Light Concept Vehicle (LCV) M2. Click to enlarge. Earlier post.)
Sapphire Energy has entered into a commercial agreement with Tesoro Refining and Marketing Company, LLC, a subsidiary of Tesoro Corporation. This begins the first step of a commercial relationship to process Green Crude oil from Sapphire’s future commercial facilities.
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