Mexico’s proven oil and gas reserves dropped 21.3 percent in 2015, the oil regulator said, as the state-run oil company, Pemex, cut back on investment because of plunging crude prices.
Ecuador is lobbying fellow Latin American oil exporters, Colombia and Mexico, to freeze crude production as part of a broad price-boosting effort that would be cemented at an April 17th meeting of OPEC and non-OPEC p ...
US based Gulf Oil LP it is entering Mexico's gasoline retail market, becoming the first foreign company to do after the energy reform that ended more than seven decades of government monopoly in the sector.
A key meeting between Latin American oil producers and exporters planned to unify the region in backing an output freeze or other measures to bolster prices, has been postponed due to scheduling difficulties.
Pemex, Mexico’s state oil company, is hoping that an infusion of capital from private equity firms and other foreign investors will help it stave off a pressing liquidity crunch.
Mexican regulators announced that they would continue easing the pace of oil auctions on deepwater and shale production for private investors - in line with the country's controversial energy reform - due to oil pric ...
The UAE’s Mubadala Petroleum has signed a Memorandum of Understanding (MoU) with Mexico’s Pemex for collaboration on upstream E&P projects, midstream oil and gas, and energy and power-related infrastructure.
Mexico is offering its first deep-water oil and gas exploration blocks to bidders as part of the historic energy industry overhaul that will open the sector to private investment.
Italian ENI has signed its production-sharing contract for oil and gas production in the Bay of Campeche offshore Mexico. Mexican government announced it would tender 25 onshore oil and gas fields in mid-December.