The Mexican army took control of state oil company Pemex refineries where some unionized workers were preventing access to strategic areas. Mexican President Andres Manuel Lopez Obrador said that at Continue Reading
The downward trend in output from Mexico’s state oil company Pemex continued in November as oil and gas production fell 2.7% and 2.3% respectively, from the previous month, company data Continue Reading
The possibility that Pemex under the administration of Mexican President Andres Manuel Lopez Obrador will import light crude oil in 2019 is seen as a positive sign, market observers said Continue Reading
Qatar Petroleum bought from Italy’s Eni a 35 percent interest in three offshore fields in Mexico’s Campeche bay area 1, estimated to yield over 100,000 barrels of oil by 2021. Continue Reading
Mexico’s oil major Pemex will spend US$23 billion next year, up 14 percent on 2018, with focus on already producing fields in the shallow waters of the Gulf of Mexico Continue Reading
Mexico aims to lift oil and gas production by almost 50 percent in the next six years and in January will award infrastructure and drilling contracts to develop 20 fields, Continue Reading
Qatar Petroleum signed a deal with Italy’s Eni late Sunday to acquire a 35% stake in three offshore oilfields in Mexico, QP said in a statement. Receive daily email alerts, Continue Reading
Pump more oil in three years! That is new Mexican President Andrés Manuel López Obrador’s ultimatum to his country’s oil industry. The left-wing nationalist has announced an ambitious 75bn peso Continue Reading
Mexico’s energy regulator on Tuesday canceled two oil field auctions scheduled for February, after the new leftist government said it would not hand over more resources to private companies until Continue Reading
On Tuesday, just days after president Andrés Manuel López Obrador took office in Mexico, the Mexican government announced that it would be suspending a scheduled auction of long-term, clean-energy contracts. Continue Reading
