Mexico witnessed the first signing of a preliminary unitization agreement in its entire oil and gas history, as it is laying the groundwork to boost crude oil and natural gas production. Meanwhile, Egypt, Venezuela and Saudi Arabia are stepping on the gas pedal to increase their respective drilling activities.
Ready to strike oil? […]Continue Reading →
O&G heavyweights gathered in Mexico City on Wednesday night for an exclusive Networking Cocktail sponsored by Nalco Champion and organized by Mexico Oil and Gas Review and Mexico Business Events. The theme of the night was Building Bridges for Industry Success and provided the opportunity for industry insiders to pursue new relationships […]
by Arturo Mora
President-elect López Obrador dissipated doubts over his initial declarations over the momentary halt of the country’s licensing rounds to subsequently announce December service tenders, COFECE launches a monopolistic practice investigation in the petroleum products market and AMLO’s Chief of Staff, Alfonso Romo, discarded subsidies or government control over gasoline prices. Meanwhile, the US regained […]Continue Reading →
Accompanied by Tabasco’s Governor-elect, Adán Augusto López, incoming Minister of Energy, Rocío Nahle and incoming PEMEX Director General, Octavio Romero, President-elect López Obrador (AMLO) held a press conference in Tabasco’s Hilton hotel. This took place after a private meeting with different oil and gas players to address the challenges the industry will be facing […]Continue Reading →
Last week, President-Elect López Obrador confirmed the first days of its administration would oversee the execution of a drilling round for December 2018, ASEA inaugurated its digital platform, CRE merged the Contract Transfer Phases and CENAGAS has a natural gas storage asset ready to tender. Meanwhile, OPEC reached its highest production levels in 2018 […]Continue Reading →