Hafnium

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Wednesday, June 24, 2009

China News service covers PEMEX bids for transport lines and platforms

    "MEXICO CITY, June 23 (Xinhua) -- Petroleos Mexicanos (Pemex), the only firm allowed to explore hydrocarbons fields in Mexico, on Tuesday invited bids for contracts on upgrading natural gas production at the Burgos basin in northern Mexico.   The contracts seek to improve automatic production systems, build transport lines and production platforms, expand gas collection centers and set up new gas centers. Only domestic companies are allowed to participate in the biding for gas collection centers and new gas centers.   The 50,000-square-kilometer basin, which spans the three Mexican states of Tamaulipas, Nuevo Leon and Coahuila....contributes around 22 percent of the nation's natural gas output."

http://news.xinhuanet.com/english/2009-06/24/content_11593108.htm

20090624 Grupo Mexico raises BID to 3.1 Billion dollars

Grupo Mexico raisesAsarco offer to $3.1 bn

"...Mexico’s largest mining company Grupo Mexico SAB increased its offer for bankrupt Asarco Llc. by $240 million (around Rs1,164 crore) to $3.1 billion, spokesman Juan Rebolledo said on Wednesday in a telephone interview.  Grupo Mexico is raising its cash offer by $210 million for Asarco, Rebolledo said. A payment note for asbestos plaintiffs will be increased from $250 million to $280 million, he said..."