In the week that Mexico, Canada and the US concluded negotiations for the new USMCA trade agreement, CNH advised an action plan to reach the next administration’s crude oil production targets, approved Talos Energy’s appraisal plan for Zama and authorized Jaguar E&P’s farmout with Vista Oil & Gas. Meanwhile, Argentina is poised to […]Continue Reading →
Amid uncertainty concerning PEMEX’s credit rating in the near future, President-Elect López Obrador’s team and the incumbent administration are laying the groundwork of the country’s energy policy transition. Meanwhile, the US concluded its second oil and gas lease in the GoM of 2018 and its oil companies are facing higher production costs.
[…]Continue Reading →
July saw the election of Mexico’s next President, Andrés Manuel López Obrador, who is losing no time in drafting Mexico’s oil and gas future. Meanwhile, Equinor advances in its Troll development and Ecopetrol strikes oil.
Ready to fuel up? Here’s your weekly news roundup:
Continue Reading →
PEMEX is working around the clock to remain at the top of Mexico’s oil and gas industry, new entrants stake their foothold in their country to capitalize on the unlocked opportunities and licensing rounds may come up against some hurdles in 2019. Meanwhile, the Arctic’s underground treasures are set to surface by 2019 and […]Continue Reading →
On March 21, 2018 Juan Carlos Zepeda, President Commissioner of CNH, highlighted the importance of allowing PEMEX to place a minority stake of the company on the Mexican stock exchange (BMV) through an Initial Public Offering (IPO) with the objective of raising capital and to give the company the financial strength it needs to […]
by Arturo Mora
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 →