mexico | Egypt Oil & Gas

Shell Begins Production at PowerNap in Mexico

Shell revealed that it has started production at PowerNap, a subsea development in the US Gulf of Mexico, which is a tie-back to the Olympus production hub in the Mars Corridor.

Lukoil Achieves New Oil Discovery in Mexico

Lukoil company announced a new discovery of an oil field within the Yoti West structure at Block 12 offshore Mexico.

Mexico’s Pemex Eyes Direct LPG Distribution to Consumers

The Mexican government plans to establish a new business within the state oil company Petroleos Mexicanos (Pemex) for the distribution of liquefied petroleum gas (LPG) directly to consumers, Mexico’s President And ...

LUKOIL to Acquire Hydrocarbon Production Project in Mexico

LUKOIL company announced that it enters into an agreement to acquire operation stake of 50% in the Area 4 project in Mexico by acquiring the operator’s holding company for $435 million.

BP Announces Successful Start-up of Manuel Project in Gulf of Mexico

BP announced that it has successfully started the Manuel project in the US Gulf of Mexico.

Mexico’s Pemex Announces New Discovery in Tabasco

Pemex CEO, Octavio Romero Oropeza, announced that the company has discover a new field in Tabasco which is expected to produce around one billion barrels of oil helping to compensate the production slump.

Mexico Limits Private Firms to Import Fuel

The Mexican government has issued new regulations limiting private firms to import fuel.

Pemex Expects Production to Rise to 2.3 mmbbl/d

Mexican state-run oil company Pemex expects to steadily increase liquids production over the next few years to reach 2.296 million barrels per day (bbl/d) by the end of 2024.

Mexico’s Oil Output Hits Record Low in July

Mexico’s oil output hit a record low in July at 1.605 million barrels per day (mmbbl/d), with both national oil company Pemex and private oil producer’s production down on June’s figures.

Gasoline, Diesel Demand Shows Signs of Recovery in Mexico

According to data issued by the Energy Secretariat (SENER), diesel and gasoline demand in Mexico continue to recover by the start of business and industrial operations to back gradually despite the increase of num ...

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