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.
Mexico will receive at least $6b from its oil hedge deals in 2015, Bloomberg reports. The country locks in its oil price each year through deals with banks to protect against price declines. For 2015, the government ...
Mexico's crude exports to the US dropped to their lowest level in 25 years in September, as the Latin American nation seeks other buyers in response to reduced demand from US refiners.
After disappointing results from its last action round, the Mexican government is sprucing up the terms of its new auction for oil and gas blocks off the coast,
Mexico is willing to work with OPEC if the group tries to stabilize crude markets amid a global supply glut and slide in prices, Iran’s Oil Minister Bijan Namdar Zanganeh said
A full two years after Mexico was opened up to competition with Pemex, the state is struggling to attract investment, said Offshore Engineer in a recent report.
Recent laws opening up Mexico to natural gas imports have the US industry scrambling for a piece of the pie, said a recent report by the Chicago Tribune.
Petroleos Mexicanos seems to have misplaced 2.7 million barrels of oil.
Since a deadly blast on April 1 tore through one of its offshore platforms, the state oil giant has baffled industry analysts with its assess ...
US, European and Asian energy firms will compete Wednesday in Mexico's first oil auction since a historic reform brought back private investors, nearly 80 years after they were kicked out.