mexico | Egypt Oil & Gas - Part 5

Mexico Reducing Number of Blocks Available for Tender Due to Oil Prices

Mexico’s government is preparing to downsize tenders of shale oil and gas blocks to oil companies, as low oil prices have reduced the profitability of the difficult-to-reach hydrocarbons, according to senior Mexican ...

Kinder Morgan Considers Expansion into Downstream Mexico

Kinder Morgan Inc’s CEO Richard Kinder revealed on Thursday that the Texas-based company is considering infrastructural expansion in Mexico, where it already operates a natural gas pipeline currently.

Mexican Energy Sector Opens up for Geology Data Firms

The opening of Mexico’s energy sector to private and foreign companies is drawing dozens of geological-data firms that plan to crisscross the Gulf of Mexico and onshore areas in search petroleum riches that went undi ...

PEMEX Resumes Repairs to Rig Damaged by Fire, Search Continues for Missing Workers

Four days after a deadly fire damaged a Gulf of Mexico oil-drilling platform, Mexican officials on Sunday said the search continues for three missing workers while the repairs have begun to resume production at the f ...

Foreign Oil Companies Weighing Up Post-Sanction Iran Prospects

Outside the boardroom of BP Plc’s headquarters on London’s swanky St. James’s Square, a display case houses the geological data from Masjid-i-Solaiman, Iran’s first oil well.

ExxonMobil Plans 16 New Oil, Gas Projects

Exxon Mobil Corporation expects to start up 16 major oil and natural gas projects during the next three years and is on track to increase daily production to 4.3 million oil-equivalent barrels by 2017, Rex W. Tillers ...

Fuel Theft Causes Pemex to Rethink Pipeline Usage

Mexico's state oil company says it will no longer use pipelines to ship finished, usable gasoline or diesel amid a wave of fuel theft.

Drop in Oil Prices Causes Mexico to Cut Spending

Mexico will cut government spending by $8.4 billion this year because of a drop in revenues due to declining oil prices.

Falling Oil Prices May Delay Exploration in Mexico

Mexico's finance secretary says plunging oil prices may delay bidding on some oil and gas exploration and production contracts.

Mexico Proposes Importing US Crude

Mexico's state oil company wants to import about 100,000 barrels of light U.S. crude a day to mix with this country's heavier oil as a way to improve refinery processes.

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