Mexico launched this week the auction process for the 12 blocks included on Round 2.2 of the country’s opening of its oil and gas industry, including nine in the northern Cuenca de Burgos area with prospective gas resources and three in the southern Cuenca del Sureste across the states of Chiapas and Tabasco, with both […]Continue Reading →
The beginning of a new era is approaching Saudi Arabia as it officially presents its “Vision 2030”, a plan for a post-oil economy. It will dedicate a whopping US$2 trillion toward a Public Investment Fund, which will be the largest sovereign wealth fund in the world and will help the country […]Continue Reading →
Mexico’s Energy Reform is widely understood as a group of measures intended to ramp up the country’s ever-declining oil production, but it does not limit itself to this. In line with the authorities’ aim to reduce the Federal Government’s dependency on oil revenues, the reform also implemented an oil fund that would allow control over […]Continue Reading →
In an excerpt from his exclusive interview with Mexico Oil & Gas Review 2016, David Enriquez, Partner at Goodrich Riquelme y Asociados explains why the general public’s conceptions about Round One L-04 and its impact on the economy are flawed and reviews the success of Round One L-03.
Q: What should Mexico expect in terms of […]Continue Reading →
PEMEX’s struggles are no news for the Mexican oil and gas industry, but things are getting worse as the oil prices keep dropping, pulling down with them the global oil and gas industry. For now, it seems, there is no way out. On the 21st of January, when Brent Crude stood at US$28.38 per […]Continue Reading →
2015 was very eventful in the oil and gas industry, filled with unexpected turns, be they for the best or the worst. The Energy Reform took effect in 2014, when President Enrique Peña Nieto amended the constitution, opening the country’s energy sector to private investment for the first time in decades. One of the main […]Continue Reading →