Mexico Awards 21 Oil and Gas Blocks in Two Auctions
The Mexican government on Wednesday awarded 21 oil and gas blocks across the country in two auctions which put private-sector interest in developing gas in Mexico to the test. In Continue Reading
Mexico Sees Another Four Oil Tenders By End-2018
Mexico is planning to hold four more oil and gas block tenders by November 2018 as part of efforts to ensure the sustainability of its energy industry and make better Continue Reading
Mexico’s Oil Reserves Fall In Spite Of Oil Major Interest
In dollar terms, since mid-2015 Mexico has been a net importer of hydrocarbons (oil, natural gas, petroleum products and petrochemicals combined). To date it has been a relatively small and Continue Reading
Trump Approves New U.S.-Mexico Petroleum Pipeline
To boost American energy exports, the administration of U.S. President Donald Trump has approved the construction of a new petroleum pipeline from the U.S. to Mexico that “ will go Continue Reading
MEXICO Oil Reserves and Production
In dollar terms, since mid 2015 Mexico has been a net importer of hydrocarbons (oil, natural gas, petroleum products and petrochemicals combined). To date it has been a relatively small Continue Reading
Mexico Awards 10 of 15 Blocks in Oil Auction
Mexico awarded 10 blocks of oil and gas for exploration and development to bidders from 10 different countries, including some of the world’s major oil companies, at an auction in Continue Reading
Mexico awaits next oil round with cautious optimism
A flare stack of the refinery of Mexico’s national oil company Pemex is seen in Cadereyta, Mexico, December 20, 2016. Mexico is looking forward to its next round of offshore Continue Reading
Gas Looting In Mexico Turns Deadly
On May 3, a government investigation into illegal pipeline taps in the central state of Puebla turned violent. Gunmen using local civilians as human shields opened fire on army officials, Continue Reading
Mexico’s Pemex Raises Oil Output, Fuel Production In Q1
Mexico’s state energy major Pemex has increased its oil output and the amount of crude it feeds into its refineries, with exports to the U.S. and Asia declining over the Continue Reading
Pemex seeks investors for its refineries, but who’s buying?
Sweeping energy reforms have turned Mexico into one of the world’s most attractive offshore prospects, but one segment is getting no love from U.S. investors: the nation’s aging refineries. Efforts Continue Reading