Vista Oil & Gas announced through its official website the conclusion of its first ever Initial Public Offering (IPO) in the Mexican Stock Exchange, to the amount of US$5.8 billion. The IPO is meant to triple the company’s current market share value in the next five years.
PEMEX is looking for […]Continue Reading →
Household Fuel Consumption: A pending task.
While wood consumption is still used by 15.6% of the population in Mexico as the main fuel for water heating and cooking,
the Ministry of Energy will start distributing, in the upcoming days, 20 stores of portable stoves connected to liquefied petroleum gas (gas LP) cylinders in Oaxaca, […]Continue Reading →
Boosting participation in the licensing rounds will help fill government coffers, panelists at the Mexico Oil & Gas Summit 2017 said on Tuesday in Mexico City. The panelists were addressing The Road to First Oil for Mexico’s Offshore Operators, a discussion that came on the heels of the historic oil strike on July 12 by […]Continue Reading →
With the first four stages of Round One out of the way, mid-2017 will see the initiation of the National Hydrocarbons Commission’s second leg of licensing rounds: Round 2.1, 2.2 and 2.3. The success of December’s deepwater round is still fresh and hopes are high for the onshore and shallow water rounds to be […]Continue Reading →
As US President Donald Trump locks in his ascension to power at Friday’s inauguration, analysts studying the outlook of Mexico’s oil and gas industry face a complex task. While the IMF predicts “US-related uncertainty” will sap Mexico’s economic growth in 2017, the country’s opening oil and gas sector is still celebrating the resounding success […]Continue Reading →
Mexico’s state-owned oil company PEMEX was denied a request to migrate its huge Ku-Maloob-Zaap asset to a single Exploration and Extraction Contract without a partner, in a move that could have lowered the tax burden attached to the Gulf of Mexico field, media reports said.
The proposal, presented to CNH by SENER, was found to […]Continue Reading →