Category: Mexico

Mexico’s new President Andres Manuel Lopez Obrador said on Wednesday he will not cancel contracts issued to foreign and national oil companies by his predecessors but challenged them to pump Continue Reading

Mexico’s largest challenge is replacing mature fields, which provide over 70% of oil output Shell, Petronas, Qatar Petroleum expected to be largest private investors over the coming years Mexico City Continue Reading

State oil company Pemex is set to add a billion barrels of oil equivalent to reserves after discovering a gas field that, within four years, will yield 80,000 barrels per Continue Reading

At the end of this month, on November 30, the sun will set for the very last time over a PRI and PAN presidential reign that has lasted for more Continue Reading

BP Plc and Total SA are among international gasoline retailers that are facing a supply shortage in Mexico because of soaring fuel theft and weather issues. At least seven terminals Continue Reading

Repairing pipeline taps takes time, leading to supply shortages. Illegal taps on petroleum pipelines coupled with supply chain disruptions caused by Hurricane Willa have resulted in fuel shortages in Guanajuato. Continue Reading

Pemex’s total refining utilization rate during the third week of October has reached a record low of 25.7%, an operation report from the Mexican state company showed Tuesday.  The company Continue Reading

Mexican state oil company Pemex crude oil production fell to 1.83 million barrels per day in the third quarter ended September, compared with 1.87 million barrels per day in the Continue Reading

President-elect Andres Manuel Lopez Obrador’s decision to cancel the construction of the $13-billion New International Mexico City Airport (NAICM) sets a concerning precedent for energy investments in the country, multiples Continue Reading