Average prices could drop to $38/MWh in 2024 from $64 in 2017 Receive daily email alerts, subscriber notes & personalize your experience. Register Now Mexico in 2017 generated 21% of Continue Reading
Mexico’s President-elect Andres Manuel Lopez Obrador has assured oil companies operating in the country that no oil contract will be cancelled as long as it complies with its terms, Reuters Continue Reading
Mexico will need to double to about $4 billion its annual oil exploration investment to reverse a 14-year decline in output, a move that will require more funding by Pemex Continue Reading
Mexico’s state-owned oil company Pemex plans to start importing up to 100,000 barrels of light crude daily, ending decades of oil self-sufficiency as declining domestic production meets rising energy demand. Continue Reading
The oil and gas fracking boom has lured scores of drillers to the Eagle Ford region of South Texas, the second largest U.S. oil patch, as new production technology opened Continue Reading
With growing demand for natural gas for power generation and other applications, Mexico needs to prioritize a domestic production increase, the head of Mexico’s National Hydrocarbons Commission told Reuters this Continue Reading
To recover Mexico’s natural gas production, the country’s National Hydrocarbon Commission (CNH) has recommended creating a state-owned upstream company dedicated exclusively to gas, the regulator said in a technical document Continue Reading
Mexican President-elect Andres Lopez Obrador has said the country’s oil production will climb to 2.6 million b/d by the end of his six-year term from 1.8 million b/d today. To Continue Reading
Mexico’s elected government has stayed true to President-elect’s campaign promise to review all oil contracts sealed by the previous administration and has started the review process for a contract with Continue Reading
Mexico could be at the precipice of a region-wide energy revolution, and natural gas is the key. The future of Mexico’s gas sector will be up for debate at the Continue Reading
