Shell awarded nine contracts, PC Carigali six, Qatar Petroleum five and PEMEX four
Round 2.4 Main Winners Company Assigned Areas As consortium As lone-player Total awarded areas Shell 2, 3, 4, 6, 7, 20, 21, 23, 28 2, 3, 4, 6, 7 20, 21, 23, 28 9 PC Carigali 10, 12, 14, 25, 26, 29 […]
by Arturo Mora
Many of the world’s most important IOC’s are lining up for licensing round 2.4 with 21 companies participating among which ExxonMobil, Shell and Chevron.
Mexican crude oil price reached Dec. 2014 levels, reaching US$59.58 per barrel last Wednesday Jan. 24.
Mexico will auction 37 onshore blocks the 25th of […]Continue Reading →
The Minister of Energy Pedro Joaquin Coldwell announced last Tuesday, Jan. 22, that licensing round 3.2 for onshore conventional resources would take place on July 25, 2017. The 37 blocks announced for licensing round 3.2 brings the total number of blocks to be bid on in three licensing rounds this year to […]Continue Reading →
PEMEX chose Japanese conglomerate Mitsui to construct a coking plant for its Tula refinery as revealed to Reuters.
Juan Pablo Newman, CFO of PEMEX, resigned his post on Friday, Jan. 19.
Roberto Blanco, Vice-president of Energy of Mexican conglomerate Grupo Alfa, said the company maintained interest in […]Continue Reading →
PEMEX imported its first shipments of ethane as an internal analysis predicted that Mexico’s production of the petrochemical feedstock would decline by 20 percent in 2018.
Premier Oil has announced its expectation that exploratory appraisal drilling will start in 2018 or 2019 on the Zama field in the […]Continue Reading →
PEMEX and the Ministry of Finance assured that there would be no change to the policy of gradual fuel price adjustments which has been implemented during the last year, emphasizing that there would be no sudden price rises.
Inflation in 2018 will be driven by exchange rates, gas lp prices and […]Continue Reading →