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...“This is a direct signal to the market in terms of how this government views private sector investment in the Mexican energy industry,” said Emily Medina, a fellow at the Energy Policy Research Foundation...
...The discovery is not on the scale of Cantarell, the colossal shallow water field that turned Mexico into a major producer after its discovery in 1976, but Pablo Medina, oil analyst at Wood Mackenzie, said...
...The concept has some traction in the Gulf, having been used for power and water projects in Dubai and the development of the $1.2bn Prince Mohammed bin Abdulaziz Airport in Medina, Saudi Arabia....
...Mr Medina said: “At $50 oil, the fact that companies would be willing to do that tells you how much they want to be here.”...
...Silver Bait LLC produces fishing worms by the millions. But that’s only the beginning of what it produces....
...It recently agreed a deal with co-investors Towerbrook and York Capital to become the biggest shareholders in Monier, the German-based roofing materials group, by swapping their debt for equity....
...Building insulation and roofing group SIG slumped 7.2 per cent to 710p as Ireland’s Kingspan cautioned on the outlook for the building materials market....
...The best performer among the latest recruits was Solar Integrated Technologies, which was boosted in January by a contract to supply its solar power roofing to Tesco in California....
...Ahold on Thursday said it had signed an agreement to sell its 198 Tops Markets LLC stores, its last remaining convenience stores in the US, for an undisclosed sum....
...Bodegas Williams & Humbert will be sold to Jose Medina y Cia, said Ahold on Thursday. The Spanish company has an option to acquire the joint venture for one euro a share....
...Numis also cut its recommendation on plumbing supplies group Wolseley, down 1.4 per cent to £11.23, plumbing and pipe specialist BSS Group, off 0.5 per cent to £11.19, and insulation and roofing company...
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