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Venezuelan oil prices reached US$86/b, their highest value in five years and US$7 more than Brent crude on the back of political tensions caused by Wednesday’s self-appointment of Juan Guaidó as interim President of the Caribbean country and Nicolas Maduro’s refusal to concede power. One of the causes of this price increase is the possibility […]

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If you are under 25, or an adept user of the internet, you may have come across this image that was posted on many popular websites and social media platforms. Mexico Oil and Gas Review investigated the veracity of this claim and found that on 20 January 2016, not only was […]

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Recent events around the globe have led to record-low oil prices, reminding us just how closely the price of oil is linked to geopolitics. Brent crude has fallen 50% since last June, dropping below the US$50 per barrel benchmark today, reaching its lowest since January 2013. Analysts have identified the main causes of this drop […]

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The Mexican economy has, for decades now, been strongly tied to the US’ economic activities and fluctuates according to its neighbor’s development. The US is Mexico’s most important export market as over 80% of the country’s exports go there yearly. Exports also represent a large part of the national GDP and their participation has increased […]

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Mexican Petroleum Congress Cancun 2013: Innovation, creation and technology

The Mexican Petroleum Congress, which is organized in conjunction with other associations related to the earth sciences (the Mexican Association of Petroleum Geologists or AMGP, the Mexican Association of Production Geophysicists or AMGE, the Mexican Association of Petroleum Engineers or AIPM and the Mexican Chapter of the […]

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