Pemex’ Salina Cruz refinery continued its suspension of activities after the earthquake of Sept. 7, according to the NOC. In order to guarantee safety at the plant two new turbo generators are to be integrated to the plant. The Salina Cruz refinery has a capacity to process 330,000 barrels of crude per day.
Fishermen […]Continue Reading →
Has the deepwater sector irreparably sunk?
A day before Halloween, major international companies announced some spooky news. After 17 months of dropping oil prices with no end in sight, they are turning away from the costly, high-risk megaprojects that were previously claimed as the future of the industry. US oil producers are switching to […]Continue Reading →
Note: It is our pleasure to invite you to attend the Mexico Oil & Gas Summit on Wednesday 22nd July, 2015, taking place one week after the announcement of the winners of the shallow water exploration phase of Round One. As the premier event of the Mexican oil and gas calendar, the Mexico Oil & […]Continue Reading →
Shock waves are going through the global oil and gas markets. Oil prices have received a substantial low-blow over the past month and today the WTI sits just under US$6 per barrel, the Brent is at US$69 and the Mexican crude oil basket hovers at US$59.
Evidenced in EIA’s Short-Term Energy Outlook published this past […]Continue Reading →
Perhaps one of the most ambitious projects that PEMEX has announced is already fast-tracking its way into international headlines. As is already known, Lakach and its satellite gas giants Kunah and Piklis are Mexico’s new milestone in gas findings. Even though the country relies primarily on imports of natural gas, the possibility of tapping into […]Continue Reading →
The significant changes the Energy Reform will bring may already be envisaged in events like Mexican Oil & Gas Opportunities Post-Reform II, a three- day summit that took place at the Hyatt Regency in Mexico City which compiled the opinion of some of the main leaders of the industry.
Following the resolution of Round Zero […]Continue Reading →