Shells makes a new discovery in the GoM, Hokchi Energy sets the bar high for private operators and Jaguar E&P and Vista Oil & Gas sign the first private farmout in Mexico’s history. Meanwhile, PEMEX snaps out from a hefty fine and CNH takes another step in raising the interest in IOR and EOR […]Continue Reading →
Oil and Gas associations stress the importance to protect the industry’s development in a document directed to the presidential candidates, CRE announce the relaunching of an open season for PEMEX and American oil giant Conoco Phillips corners the Venezuelan government by confiscating two cargo shipments.
Eager to see how the industry is going? Continue […]Continue Reading →
PEMEX joins forces with private players
The Mexican productive enterprise of the state dominated shallow waters’ Round 3.1, winning seven contract areas. Six contract areas were awarded with consortiums and one as lone player. For a detailed analysis of Round 3.1, click here.
Alfa to close close partial […]Continue Reading →
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The stage is set for Akron to rebrand 600 service stations in the Bajio region. The fuel additives company is also planning the construction of a storage terminal in Lagos de Moreno, Jalisco, with a capacity of 25,000 barrels. Akron’s decision stems in decreasing logistics costs as Mexico’s northern region charges […]Continue Reading →
PEMEX is preparing 40 new farmouts which will be divided into 7 clusters of smaller blocks, according to new PEMEX CEO, Carlos Treviño, Tuesday Nov. 4.
Thursday Dec. 7, CNH cancelled the Nobilis-Maximino farmout, planned for Jan. 31, due to lack of interest from potential bidders.
Mexico’s oil exports to […]Continue Reading →