Mexico’s Pemex is looking for joint venture opportunities, the country’s energy regulator said. That’s despite the president’s decision to suspend all new bidding rounds and review all contracts with foreign oil companies signed by the previous government. In an interview with Reuters, the head of the National Hydrocarbons Commission, Rogelio Hernandez, said, regarding the joint ventures, “I think it will happen during this government. In fact, I see it as imminent.” The Andres Manuel Lopez Obrador government announced the suspension of all oil field exploration and development contracts last year, as it began to review these contracts for signs of corruption by the previous government. At the same time, the Lopez Obrador administration shelved all planned oil and gas auctions for the duration of the contract review. According to Hernandez, Pemex has a portfolio of more than 350 projects, and of these, some 100 could be farmed out to […]