Thursday, 8th July 2021
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 Andres Manuel Lopez Obrador stated.
Monday, 5th July 2021
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.
Thursday, 24th June 2021
BP announced that it has successfully started the Manuel project in the US Gulf of Mexico.
Tuesday, 16th March 2021
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.
Monday, 28th December 2020
The Mexican government has issued new regulations limiting private firms to import fuel.
Thursday, 15th October 2020
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.
Wednesday, 2nd September 2020
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.
Sunday, 9th August 2020
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 number of coronavirus cases.
Thursday, 9th July 2020
Mexican state-run oil company Pemex and America’s Talos Energy Inc have been ordered by the energy ministry to find a resolution over how they will jointly develop the large Zama offshore oil discovery.
Sunday, 7th June 2020
OPEC member Mexico has stated that it will not join other top oil producing countries in supporting further oil cuts in July.