Mexico
News
December 16, 2018
Mexican President Andres Manuel Lopez Obrador is boosting Petroleos Mexicanos’ budget to $23 billion (464.6 billion pesos) next year to reverse flagging oil production and increase domestic fuel output.
News
December 16, 2018
Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as the Arab country signs another global expansion deal after leaving OPEC.
Article
December 2018
Companies in the news
News
December 06, 2018
Sparrows Group has signed a five-year blanket order with Pemex Procurement International, Inc. acting on behalf of Pemex Exploracion y Produccion (PEP) to service 41 of its cranes situated on assets in four of the Mexican national oil company’s developments in the region.
News
December 04, 2018
Talos Energy Inc. has announced that the Zama-2 appraisal well was spud in late November 2018. The spudding of the Zama-2 well marks the commencement of the Zama discovery appraisal program, which will consist of three reservoir penetrations, including two wells and one sidetrack.
News
November 28, 2018
Pemex has more than tripled its estimated reserves in its Ixachi field.
News
October 31, 2018
Colombia is planning to hedge its oil exports to protect the government from the violent swings in revenue it suffered in recent years.
News
October 05, 2018
The North-east of Scotland is set for an international boost, as its universities have been named as two of only four European institutions to be chosen by the Mexican Government to work in collaboration with Mexican universities to address the future needs of the country’s energy sector.
News
September 28, 2018
Talos Energy Inc. has announced the Mexican oil & gas regulator, the National Hydrocarbons Commission (CNH) has approved the appraisal plan for the Zama discovery.
News
September 28, 2018
Mexico’s oil auction winners BHP Billiton Ltd and DEA Deutsche Erdoel AG are hopeful that the slowdown in bid rounds is a feature of the country’s political transition and won’t be permanent.
News
September 21, 2018
Petróleos Mexicanos (Pemex) and Talos Energy, as operator of the Block 7 Consortium, have announced that Pemex and the international Block 7 Consortium (Talos Energy, Sierra Oil and Gas, and Premier Oil) have signed a pre-unitization agreement (PUA) related to certain tracts within the Amoca-Yaxche-03 allocation and the contiguous Block 7 production sharing contract.
Article
September 2018
LLOG Exploration delivered first production from its Crown and Anchor fields in the Gulf of Mexico, during second-quarter 2018.
News
September 10, 2018
Mexico’s next president Andres Manuel Lopez Obrador will allocate 75 billion pesos ($3.9 billion) in the budget next year to oil extraction in a bid to resuscitate flagging output.
News
September 07, 2018
Mexico’s next president said he will continue with oil auctions in the first signs that he is backtracking on plans to scale back the country’s historic 2014 energy reforms.
News
September 03, 2018
Ikon Science, the leader in geoprediction technology, has donated 12 of its RokDoc geoscience software licenses to the ITPE - Instituto Tecnológico del Petróleo y Energía in Merida, Mexico.
News
August 28, 2018
Mexico President-elect Andres Manuel Lopez Obrador will name Fluvio Ruiz Alarcon as Petroleos Mexicanos’s next exploration and production chief, according to two people with knowledge of the plans.
News
August 24, 2018
Mexico’s economy stalled in the second quarter amid a drop in oil and industrial output and a slowdown in services activity.
News
August 23, 2018
Petroleos Mexicanos will be free to choose its own partners if Mexico’s next government has its way.
News
August 22, 2018
As Mexico pushes to wrap up a Nafta deal with the U.S., negotiators are facing a new challenge.
News
August 01, 2018
McDermott International, Inc. has announced a sizeable contract award by Pemex Exploración y Producción for subsea pipeline flowline installation in support of Ayatsil field, located 50 mi northwest of Ciudad del Carmen, in the Bay of Campeche, offshore Mexico.
News
August 01, 2018
Petrofac Limited has announced that it has signed an agreement to sell 49% of the Company’s operations in Mexico, including Santuario, Magallanes and Arenque, to Perenco (Oil & Gas) International Limited.
