Mexico
News
June 09, 2017
Mexico has taken the first step in its annual oil hedging program, asking Wall Street banks for price quotes on the put options it buys to lock in prices for the following year, according to people familiar with the matter.
News
June 09, 2017
Pemex will accelerate the establishment of farm-out arrangements and strategic associations across its business lines in order to increase production of both crude and petroliferous protects, and to bring reserves into production and gain access to the latest t
News
June 08, 2017
CGG announced today that the final products from its Encontrado multi-client reprocessing project across the Gulf of Mexico’s prolific Perdido fold belt have been delivered on schedule to the Comision Nacional de Hidrocarburos (CNH) and the industry.
News
May 23, 2017
For the first time in almost 80 years, a private company has sunk a new offshore oil well in Mexican waters -- the latest step in the country’s drive to allow foreign competitors back into its energy markets.
News
May 22, 2017
Premier is pleased to announce that the Zama-1 exploration well in Block 7 (Premier equity 25%) in the shallow water Sureste basin, offshore Mexico, was spudded on May 21, 2017.
News
May 04, 2017
M² Subsea has joined forces with Frontera Offshore to deliver remedial pipeline work for Permaducto, a subsidiary of Grupo Protexa, in the Ku-Maloob-Zaap (KMZ) oilfield in the Bay of Campeche, 65 mi north east of Cuidad del Carmen, Mexico. This contract also marks the first award for M² Subsea in the Gulf of Mexico region.
News
May 02, 2017
Mexico’s historic opening of its oil and gas sector to private investment, which began three years ago, continues on pace, and only a few phased moves remain to be completed, said a top governmental official.
News
April 21, 2017
Shipments of crude to the U.S. from Mexico fell to a new low last week, extending a trend that goes back to when the Energy Information Administration began compiling preliminary weekly import data in June 2010.
News
April 04, 2017
Canadian crude shipments to the U.S. are poised to shrink just as the effects of OPEC-led output cuts are being felt in the Caribbean.
News
April 02, 2017
Mexico’s existing oil reserves are dwindling so fast the country could go dry within nine years without new discoveries.
News
March 29, 2017
Senior figures from Mexico’s national oil company, Pemex, have been discovering the secrets of the UK subsea sector’s success and how it has revolutionized the way in which hydrocarbons have been extracted from beneath the seabed during a fact-finding visit to Aberdeen.
News
March 29, 2017
The newest oil refineries in Texas are looking to join the hottest two plays in the North American oil industry.
News
March 28, 2017
When an angry mob torched City Hall in the southern Mexican town of Tecpatan last month, it sent a warning flare across a country already thrown into turmoil by Donald Trump.
News
March 23, 2017
Eni has successfully drilled the Amoca-2 well in the shallow waters of Campeche Bay, offshore Mexico, confirming the presence of oil in multiple reservoirs.
News
March 06, 2017
BHP Billiton has advanced its exploration and production interests in the Gulf of Mexico by executing a contract with PEMEX Exploration & Production Mexico (Pemex) to complete work on the significant Trion discovery in Mexico.
News
January 27, 2017
It could take more than a political standoff between President Donald Trump and Mexico to keep U.S. shale gas from flowing south.
News
December 21, 2016
NRC announces the establishment of its strategic Tier 2 oil spill response base in the Bay of Campeche region of Mexico. Driven by new shallow and deepwater drilling developments in Mexico, NRC’s robust Tier 2 base will support NRC E&P clients now operating in Mexico’s Bay of Campeche.
News
December 06, 2016
Total has been awarded exploration licenses on three blocks in offshore Mexico, following the country’s first competitive deep water bid round.
News
December 05, 2016
Mexico’s first competitive deepwater oil auction surpassed expectations as eight of 10 blocks were awarded to some of the world’s top oil companies.
News
December 05, 2016
For the three titans of Latin American oil—Pemex, PDVSA and Petrobras—last week’s OPEC-driven price rally won’t be enough to halt a slow descent from the ranks of international crude heavyweights.
News
December 01, 2016
In Mexico, the era of big oil is just getting started. But for the state oil dinosaur, its best days appear to be behind it.
