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Geopolitics was the main item on the agenda at Energy Mexico 2018’s oil and gas related conferences at (location) this week. Among the topics were President Trump, NAFTA, North American energy integration, shale oil, OPEC production cutting agreements and their underlying effect on prices. The event was presided over by Jesús Reyes Heroles, former […]Continue Reading →
Many of the world’s most important IOC’s are lining up for licensing round 2.4 with 21 companies participating among which ExxonMobil, Shell and Chevron.
Mexican crude oil price reached Dec. 2014 levels, reaching US$59.58 per barrel last Wednesday Jan. 24.
Mexico will auction 37 onshore blocks the 25th of […]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 →
Carlos Alberto Treviño Medina, was promoted to the position of CEO of PEMEX after his predecessor Jose Antonio González Anaya was appointed to the cabinet of President Enrique Peña Nieto as Minister of Finance.
Newly appointed PEMEX CEO, Carlos Alberto Treviño Medina, declared the company’s intention to fight for […]Continue Reading →
Chairman of the Board of Renaissance Oil, Ian Telfer, stated to Reuters on Wednesday, Nov. 8, that the company has plans for aggressive expansion in Mexico, potentially reaching 30 exploration blocks in the next five years.
According to industry insiders BP participated in Mexico’s 2018 oil hedge on which the government spent […]Continue Reading →