Suez Energy to invest US$650 million in PanamaThursday, June 26, 2008 Suez Energy aims to invest US$650 million in various power-generation projects that should come on stream by 2010. The projects includes the conversion to coal of the Bahía Las Minas thermal plant, and construction of a 25-megawatt hydroelectric scheme at Gualaca, Chiriquí. Duke Energy to invest $45 million in GuatemalaTuesday, July 7, 2009 Construction of the San Cristobal hydroelectric in Alta Verapaz is scheduled to start in six months. The project was originally won by Inver Energy, but this company was adquired by Duke Energy. Duke will carry on the project, expected to generate 600 jobs. El Salvador: Study on Ethanol ProductionTuesday, July 14, 2009 The results of a study on the country’s biofuel production possibilities will be presented tomorrow. The research required an investment of $4 million, and was carried out by Arkel Sugar, Inc. (Arkel), Delta-T Corporation (Delta-T), Energy and Security Group (ESG) and Hart Energy Consulting. Jaguar Energy Wins Case Against Chinese CMNCMonday, October 17, 2016 Jaguar Energy Guatemala has announced that it won the international arbitration case against China Machine New Energy Corporation, which has to pay the former entity $149 million. According to the company, as a result of the decision from the arbitral tribunal, the power plant based on coal will remain its property, and the Chinese company will have to pay $149 million. Puma Energy Acquires ExxonMobil Assets in the RegionWednesday, March 30, 2011 Puma Energy has agreed to acquire ExxonMobil’s commercialization and fuel supply assets in Belize, El Salvador, Guatemala, Honduras, Nicaragua and Panama. Founded in 1997, Puma Energy has quickly grown into one of the world’s largest independent petroleum commercialization and downstream distribution companies. Nicaragua: Five Petroleum Concessions in Uncontested AreasWednesday, September 11, 2013 Four awards have been made so far in the Caribbean and in the Pacific, to Noble Energy, Infinity Energy and Industrias Oklahoma Nicaragua. According to the Minister of Energy and Mines (MEM), Emilio Rappaccioli, "the company Noble Energy, which between 2013-2015 will invest between $180 million and $670 million is at the moment making progress in drilling the first well, but in Nicaraguan waters" reported Elnuevodiario.com.ni . Cutuco Studies Selling Energy to GuatemalaTuesday, October 6, 2009 Salvadoran project Cutuco Energy Central America is analyzing selling natural gas energy to Guatemala in 2013. Company spokespersons are currently in Guatemala holding meetings with authorities and potential buyers. $260 for a wind (energy) farm in HondurasThursday, October 2, 2008 The Honduran Government and Meso-America Energy signed an agreement for the construction of a wind farm that will generate 100 megawatts of energy. The agreement was signed by the president of Meso-America Energy in Honduras, Luis Javier Castro, the manager of the National Electric Energy Company, Rixi Moncada, and the president of Honduras, Manuel Zelaya and other officials as witnesses. Guatemala: AEI’s Jaguar Energy Begins Construction of 300MW Power PlantFriday, May 7, 2010 Jaguar Energy, from AEI, began construction of a 700 million solid fuel fired power generation facility near Port Quetzal. The President of Guatemala, Alvaro Colom, along with cabinet ministers and representatives from AEI and the private sector, led a groundbreaking ceremony today to inaugurate the construction of Jaguar Energy Guatemala LLC's new 300 MW solid fuel fired power generation facility. Puma Energy to Market Castrol in CentralWednesday, February 6, 2013 Puma Energy Service stations and distributors of Castrol in the isthmus will market the lubricants Castrol GTX, Castrol Magnatec and Castrol EDGE. A statement from Puma-Energy reads: Puma Accepts Conditions for ESSO PurchaseFriday, February 10, 2012 Puma Energy has agreed to the terms established by the Governing Board of the Superintendency of Competition in El Salvador, complying with the proposed requirements in order for the merger to be authorized. The Puma Energy Company has accepted and carried out the ex-ante condition established by the Board of Directors of the Superintendency of Competition (SC). Puma Energy to Invest $100 millionThursday, April 19, 2012 The Swiss oil company has completed the takeover of the assets of Exxon Mobil in Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama. The Exxon Mobil assets to be transferred to Puma Energy include 300 service stations, two refineries, the addition of three terminals, two airports and a marine bunker fuel supply which supplies 20% of the regional market, all of which involves managing a 20 million barrels of oil per year. Pacific Rubiales to Explore Oil in GuatemalaThursday, October 21, 2010 The Colombia - Canadian firm will operate the 7-98 oil contract, which has a potential for 4,000 million barrels. Pacific Rubiales has signed an agreement with Flamingo Energy Investment Ltd, Guatemala Chx Limited and Atlantic Petroleum Company SA, whereby they will get a 55% stake and operation of the oil extraction located in Petén. Guatemala's Oil Industry Enhanced by Pacific RubialesFriday, January 7, 2011 The arrival of petroleum company Pacific Rubiales to Guatemala reaffirms the country's oil potential. That is the opinion of Bob Szczuczko, general manager of Quetzal Energy, adding that the participation of a company as well known as Pacific, facilitated the decision to retain their properties in the country. $720 million for coal plant in GuatemalaWednesday, October 22, 2008 Ashmore Energy International (AEI) will invest $750 million to construct a coal energy plant in Guatemala. With this investment the company hopes to produce 300 megawatts which will be in addition to the 234 megawatts being produced, making the total produced by the company 534 megawatts. |
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