A legal battle over a small oil-drilling company is testing Mexico’s promises of greater transparency and competition made five years ago when the country opened its oil industry. The company, Continue Reading
European oil majors are swarming the shallow-waters of the Gulf of Mexico as the country races to attract investment before an election. (Bloomberg) — European oil majors are swarming the Continue Reading
US gasoline exports breached the 1 million b/d level in the week ended March 23, the fourth time this has happened and the first week it has ever occurred in Continue Reading
A group of more than 100 GOP Senators and House Representatives has called on President Trump to keep investor protection provisions in NAFTA intact. Otherwise, the group says, U.S. investments Continue Reading
Mexico’s government estimates more than $8 billion will be invested over the lifetime of oil and gas contracts awarded in shallow waters in the Gulf of Mexico. The government said Continue Reading
In what may be Mexico’s last oil auction amid a possible presidential election shakeup, the Mexican authorities on Tuesday auctioned off 35 oil and gas areas, awarding its first blocks Continue Reading
The state energy company in Mexico said it signed on with a partner to help extract natural gas from the Eagle Ford shale reservoir in the country. Petróleos Mexicanos, known Continue Reading
Mexico’s proven oil and gas reserves dropped again last year, after new certified discoveries—mostly by private foreign operators—were unable to keep pace with current production. According to data by Mexico’s Continue Reading
Source: U.S. Energy Information Administration, based on U.S. Census Bureau In each of the past three years, the value of U.S. energy exports to Mexico has exceeded the value of Continue Reading
The front-runner in July’s presidential election wants to upend Mexico’s newly-opened energy sector. Andres Manuel López Obrador, a leftist nationalist with a comfortable lead in the polls, has rattled investors Continue Reading
