Mexico Oil & Gas Review’s interview of the week belongs to Julio Loreto, Country Manager Mexico of Weatherford, which delivers innovate technologies and services designed to meet the world’s current and future energy needs in a safe, ethical and sustainable manner. Across his interview, Loreto highlighted the importance of restructuring Mexico’s oil and gas value […]Continue Reading →
Last week, Mexico’s incoming administration revealed in more detail how it plans to materialize the country’s revamped refining capacity and the people at the helm of key energy dependencies, ASEA published new regulations and private IOCs want an increased foothold in the country’s oil and gas industry. Meanwhile, Russia announced an increase in […]Continue Reading →
Between successful project conclusions, natural gas storage facilities in the pipeline and a counter-monopolistic investigation, Mexico’s natural gas market had contrasting news last week. Meanwhile, US Treasury Secretary Steven Mnuchin dented IOCs’ stock market value, while ExxonMobil is facing business difficulties and OPEP members agreed to increase crude oil production.
Ready to drill […]Continue Reading →
There is no denying that shallow waters are Mexico’s forte. At the height of its production boom, the Cantarell complex was producing 2.1 million b/d, ranking it the second-fastest producing field in the world. The knowledge and experience of the service providers that worked with PEMEX in shallow waters will be invaluable to the new […]
by Sara Warden
Climate change is a reality that every nation needs to understand while adapting to local conditions, Hector Rocha, Deputy Leader Energy LATAM North at EY, told the Mexico Oil & Gas Summit 2018 at the Sheraton María Isabel hotel in Mexico City on Thursday. “Energy demand will grow around 30 percent in the […]Continue Reading →
April 1, 2015. Mexico wakes up to a fire at PEMEX’s Abkatún Alfa offshore oil rig, causing four deaths and several injured. The accident required eight fire-fighting vessels to be quenched. One month earlier, in March 2015, the National Agency for Safety, Energy and Environment (ASEA) was officially launched and the incident set the tone […]Continue Reading →