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Mitsubishi Motors Corporation to supply global compact sedan to Chrysler de Mexico

Green Car Congress

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.

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Exxon Mobil beginning development of ultra-deepwater Julia oil field in Gulf of Mexico

Green Car Congress

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.

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Marathon Announces First Oil from Deepwater Droshky Development in Gulf of Mexico

Green Car Congress

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.

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Mazda to produce sub-compact Toyota vehicle for NA market at new plant in Mexico

Green Car Congress

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.

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Mazda plans to increase production capacity in Mexico to 230K units from FY ending March 2016

Green Car Congress

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.

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Mazda and Sumitomo to establish vehicle production plant in Mexico and sales company in Brazil

Green Car Congress

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.

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Chevron announces oil discovery in deepwater US Gulf of Mexico

Green Car Congress

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.

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