Mexico’s Pemex has shipped its first fuel export cargo from the newly constructed Olmeca refinery to India, after facing some delays and escalating costs. On September 11, Pemex loaded approximately 112,000 barr...
The Mexican government plans to institute a new business within the state’s oil company Petroleos Mexicanos (Pemex) for the distribution of liquefied petroleum gas (LPG) directly to consumers, Mexico’s President...
Shell Oil Company, a subsidiary of Royal Dutch Shell plc, has agreed to sell its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I. Norteamerica, S.A. De C....
Mexico’s Pemex announced that the company has discovered a new field in Tabasco which is expected to produce around one billion barrels of oil helping to compensate for the production slump, Bloomberg reported. ...
The Mexican government has issued new regulations limiting private firms to import fuel. The decree takes effect as of today, Monday 28, and aligns with President Andres Obrador’s plan to eliminate fuel imports and ma...
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 (mmbbl/d) by the end of 2024, according to Reuters. Octavio Romero, Pe...
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 from June’s figures, according to Reuters. Where...
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, according to R...
Egypt’s Cheiron Holding Company won the right to partner with PEMEX, a Mexican company, to develop the Cardenas-Mora project in Mexico, Reuters reports. The Cardenas-Mora field is located in the Mexican state of...
Malaysia’s largest oil and gas company by market capitalization, SapuraKencana Petroleum (SapKen), has won a $113m contract to place a new pipeline in Mexico, reported Nikkei Asian Review. The contract, that was award...