The 2018 elections will not affect this year’s licensing rounds said Mexican Minister of Energy, Pedro Joaquin Coldwell.
Mexican company Avant Energy announced it is designing a logistics system to bring refined products by train from the port of Altamira to Mexico’s Bajio region.
PEMEX adjusted its term pricing […]Continue Reading →
PEMEX is on the point of sealing a US$2.6 billion deal with a consortium headed by Japanese conglomerate Mitsui & Co for a coking plant in its ailing Tula refinery.
Mexico’s second deepwater licensing Round 2.4 was a great success with 19 of 29 blocks being awarded. Shell won 9 […]Continue Reading →
Geopolitics was the main item on the agenda at Energy Mexico 2018’s oil and gas related conferences at (location) this week. Among the topics were President Trump, NAFTA, North American energy integration, shale oil, OPEC production cutting agreements and their underlying effect on prices. The event was presided over by Jesús Reyes Heroles, former […]Continue Reading →
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 →