The president’s spokesman declined to confirm or deny information Cancellation of auction rounds would make Mexico produce 600,000 b/d less in the long term Mexico City — Mexico could reconsider restarting hydrocarbons exploration and production auction rounds in six months, a senior government official said, according to local press reports. In six months, the president and senior government officials will meet with contract-holding oil companies to evaluate their investment and production pledges, Alfonso Romo, chief of staff of President Andres Manuel Lopez Obrador, said Thursday. “If they fulfill (their pledges), benefiting the Finance Secretariat, as they argued, then the president will have to make a decision,” Romo told local press at a financial event. “The president doesn’t want deficits, nor problems with fiscal unbalances. This means the private sector will have to become an engine to […]