Last week, President-Elect López Obrador confirmed the first days of its administration would oversee the execution of a drilling round for December 2018, ASEA inaugurated its digital platform, CRE merged the Contract Transfer Phases and CENAGAS has a natural gas storage asset ready to tender. Meanwhile, OPEC reached its highest production levels in […]Continue Reading →
President-elect AMLO opposed fracking techniques to produce shale oil and gas, his nominations to conduct Mexico’s future energy policy have sparked controversy and PEMEX’s numbers are in red. Meanwhile, OPEC’s production levels reach new heights and BHP Billiton is selling its US shale portfolio.
Ready to fuel up? Here’s your weekly news roundup:
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Last week, Mexico’s incoming administration revealed in more detail how it plans to materialize the country’s revamped refining capacity and the people at the helm of key energy dependencies, ASEA published new regulations and private IOCs want an increased foothold in the country’s oil and gas industry. Meanwhile, Russia announced an increase in […]Continue Reading →
Between successful project conclusions, natural gas storage facilities in the pipeline and a counter-monopolistic investigation, Mexico’s natural gas market had contrasting news last week. Meanwhile, US Treasury Secretary Steven Mnuchin dented IOCs’ stock market value, while ExxonMobil is facing business difficulties and OPEP members agreed to increase crude oil production.
Ready to drill […]Continue Reading →
There is no denying that shallow waters are Mexico’s forte. At the height of its production boom, the Cantarell complex was producing 2.1 million b/d, ranking it the second-fastest producing field in the world. The knowledge and experience of the service providers that worked with PEMEX in shallow waters will be invaluable to the new […]Continue Reading →
Much of Mexico’s culture is enriched by its indigenous populations and heritage, and there are still large communities or ejidos whose homes stretch along the coast of the Gulf of Mexico. As a result, onshore oil and gas operators can run into difficulties with access to land, water and community relations, said Alberto Vega, Senior […]Continue Reading →