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.
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.
A fire that broke out on a Pemex offshore Abkatun A Permanente processing platform in Mexico's oil-rich Bay of Campeche killed three workers and injured at least seven more, but the latest in a string of incidents is ...
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 ...
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.
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 ...