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.
News
August 01, 2018
Eni announces that Mexico’s National Hydrocarbon Commission (Comisión Nacional de Hidrocarburos, CNH) has approved the development plan for the discoveries of Amoca, Miztón and Tecoalli, located in Area 1 (Eni 100%), in the shallow waters of the Campeche Bay.
News
July 30, 2018
Mexico’s incoming president named a new chief executive officer for Pemex and promised government investment of 75 billion pesos ($4 billion) in the oil sector, in a bid to revive the state-owned oil company.
Article
July 2018
On March 1, U.S. President Donald Trump announced 25% tariffs on imported steel and aluminum. The E&P industry is telling Congress and the administration that this is a bad idea. The real question is “Why Was Anyone Surprised?”
News
July 03, 2018
The election of Mexico’s first left-wing president in recent decades is expected to slow the country’s march toward the creation of a private oil market, though not derail it.
News
June 27, 2018
Petroleos Mexicanos is accelerating efforts to bring on partners before an election that could slow foreign investment in Mexico’s oil industry.
Article
June 2018
In 2017, global natural gas demand’s above-average growth reshaped market fundamentals and prevented the development of a global natural gas bubble. Meanwhile, global natural gas consumption doubled its 2016 growth rate, and it was well ahead of the previous five-year trend.
News
May 23, 2018
Two upstart Mexican drillers have signed the first farm-out deal in Mexico’s oil sector that doesn’t include state company PEMEX.
Whitepaper
Mexico's unfolding natural gas transformation
May 10, 2018
Energy Web Atlas
Article
May 2018
The fates of two venerable producing countries’ E&P sectors hang in the balance, as national elections approach.
News
May 02, 2018
In the wetlands of Tabasco in southeast Mexico, indigenous farmers stand guard outside oil wells. They have no official status -– but anyone who wants to do business there has to pay to get past.
News
April 20, 2018
Wood, Cisco and Roue Consultores have opened a new Oil and Gas Advanced Technology Centre (ATC) in Naucalpan, Estado de Mexico.
News
April 16, 2018
Five years after a landmark overhaul of energy laws stripped Mexico’s state oil-and-gas producer of its monopoly, few investors are eager for it to be restored.
News
April 05, 2018
Eni SpA is in talks to sell a stake in its giant oil discovery in Mexico to Qatar Petroleum International, according to people with knowledge of the plans.
News
March 28, 2018
European oil majors are swarming the shallow-waters of the Gulf of Mexico as the country races to attract investment before an election.
News
March 28, 2018
Eni and its partner Lukoil have been awarded rights to Block 28, located in the medium-deep waters of the Cuenca Salina basin, offshore Mexico. This allows Eni to build up and consolidate a new core area with significant operational synergies in the Country.
News
March 27, 2018
Petróleos Mexicanos and Lewis Energy México signed the first Integrated Exploration and Extraction Contract (CSIEE) for Olmos field, which is located in the state of Coahuila. The purpose is to assess and develop the Eagle Ford field in Mexico.
News
March 15, 2018
Global law firm Clyde & Co has advised Petrolera Perseus, a Mexican oil company, on the first ever floating pledge agreement over the interest of oil & gas license contracts in Mexico.
News
March 07, 2018
On Tuesday, during CERAWeek, IHS Markit’s senior V.P., Carlos Pascual, sat down with Pemex CEO Carlos Treviño and Petronas President & Group CEO Wan Zulkiflee, to discuss the increasingly critical future of upstream partnerships. Treviño said that “the new name of the game, for Pemex, is ‘partnerships.’”
News
March 07, 2018
Mexico’s leftist front-runner Andres Manuel Lopez Obrador intends to seek a public consultation on the nation’s landmark energy reform, raising the possibility that the opening of the oil industry could be overturned, according to his Veracruz gubernatorial candidate.
News
February 27, 2018
Industry observers have serious doubts about the Mexican presidential front-runner’s plan to build new refineries that could cost $6 billion to $10 billion.
