mexico | Egypt Oil & Gas

Mexico Explores LNG Diversification as Russia Plans to Step In

Russia has expressed intent to supply Mexico with liquefied natural gas (LNG) and share energy technologies, said the Russian Embassy in Mexico. This step is expected to solve challenging geopolitical conditions and i...

Chevron to Boost Oil, Gas Production from Two Facilities in Mexico

Chevron Corporation has announced that it started water injection operations at two projects at its Jack/St. Malo and Tahiti facilities in the deep water U.S. Gulf of Mexico, to boost oil and natural gas recovery. “De...

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, according to a press release. The peak ...

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. The company elaborated that the preliminary estimates indicate that the initial oil in place reaches...

Mexico’s Pemex Eyes Direct LPG Distribution to Consumers

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

LUKOIL to Acquire Hydrocarbon Production Project in Mexico

LUKOIL company announced that it entered 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, a statement. reported. Accordi...

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, according to a press release. This project is the fourth of the five major projects which are expected to be submitted globall...

Mexico’s Pemex Announces New Discovery in Tabasco

Mexico’s Pemex announced that the company has discovered a new field in Tabasco which is expected to produce around one billion barrels of oil helping to compensate for the production slump, Bloomberg reported. ...

Mexico Limits Private Firms to Import Fuel

The Mexican government has issued new regulations limiting private firms to import fuel. The decree takes effect as of today, Monday 28, and aligns with President Andres Obrador’s plan to eliminate fuel imports and ma...

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 (mmbbl/d) by the end of 2024, according to Reuters. Octavio Romero, Pe...

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