Grupo Carso

Mexican tycoon Slim cites interest in more oil investments, growing stake in Talos

February 14, 2024

Investing MEXICO CITY-Mexican tycoon Carlos Slim is interested in increasing his investments in the oil sector, including in U.S.-based Talos Energy (NYSE:TALO)’s projects, after the billionaire businessman bought a stake last year in a major offshore project discovered by Talos. Speaking at a press conference, Mexico’s richest person signaled he would like to grow his company’s presence in the oil

Talos Energy closes $125 million sale with Grupo Carso to develop Zama oil field offshore Mexico

September 29, 2023

World Oil (WO) – Talos Energy Inc. and its Mexican subsidiary announced the closing of the sale of a 49.9% interest in Talos Mexico to Zamajal, S. A. de C.V., a wholly-owned subsidiary of Grupo Carso (“Carso”). Talos received $74.85 million in cash at closing, with an additional $49.90 million due upon first production, for an aggregate price of $124.75

Talos Energy, Grupo Carso accelerate Zama development with $125 million transaction

May 30, 2023

World Oil (WO) – Talos Energy Inc. announced that Zamajal, S. A. de C.V., a wholly owned subsidiary of Grupo Carso (“Carso”), has agreed to acquire a 49.9% interest in Talos’ Mexican subsidiary (“Talos Mexico”), which holds the company’s 17.4% stake in Zama. Carso is one of the world’s largest conglomerates and is headquartered in Mexico City, Mexico. Talos will

Mexico Expects to Save $4.5 Billion After Pushing Firms to Rework Pipeline Contracts

August 27, 2019

From Reuters Mexico’s government said on Tuesday it had persuaded companies to waive “significant” profits from natural gas pipeline deals signed under the previous administration after renegotiating the contracts to save taxpayers $4.5 billion. The deal announced by President Andres Manuel Lopez Obrador and the head of state-run power utility the Federal Electricity Commission (CFE) at a news conference will

Mexican President Pushes Hopes for Pipeline Deal into Next Week

August 22, 2019

From Reuters Mexican President Andres Manuel Lopez Obrador said on Thursday a deal could be reached next week with companies to end a contractual dispute over several natural gas pipelines, dialing back hopes for a quicker resolution. “It’s going well, that business,” Lopez Obrador told reporters at his regular morning news conference after the latest round of talks with companies

Mexican tycoon Slim cites interest in more oil investments, growing stake in Talos

Talos Energy closes $125 million sale with Grupo Carso to develop Zama oil field offshore Mexico

Talos Energy, Grupo Carso accelerate Zama development with $125 million transaction

Mexico Expects to Save $4.5 Billion After Pushing Firms to Rework Pipeline Contracts

Mexican President Pushes Hopes for Pipeline Deal into Next Week

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