mexico | Egypt Oil & Gas - Part 4

Mexico Expands Offshore, Onshore Production via International Companies

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 to Receive $6b from Oil Hedge Deals

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 US Drop to 25-year Low

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.

Mexico Changes Bid Round Approach

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,

Iran Waiting for Mexico and Venezuela to Make OPEC Price Moves

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

Mexico’s Pemex Unlikely to Meet Production Targets

Petróleos Mexicanos, commonly known as Pemex, is unlikely to meet production goals for this year, The Wall Street Journal

Mexican Oil and Gas Plays Struggle to Attract Investment

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.

New Rules Spur Exports of Natural Gas to Mexico

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.

Mexico’s PEMEX Missing Nearly 3m Barrels of Oil

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 ...

Foreign Firms Compete in Mexico’s First Oil Auction in Years

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.

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