Currently viewing the tag: "Exxon-Mobil"

Last week marked a preliminary NAFTA 2.0 agreement between Mexico and the US, Fluvio Ruiz, incoming Director General of PEMEX Exploración y Producción, claimed the Ministry of Finance owed PEMEX MX$70 billion and OPEC members are gauging their options to compensate Iran’s dropping oil exports.

 

Ready to strike oil? Here’s your weekly […]

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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 […]

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The last quarter of the year seems to evidence the exhaustion of a PEMEX model that no longer holds itself, no matter which angle it is looked at. The fact that the price of Mexican crude oil has dropped below the barrier of US$50 per barrel is just another factor of concern for the […]

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The death of Venezuelan President Hugo Chavez will have various political, social, and economic implications in Venezuela and worldwide. His petrodollars filled the Venezuelan coffers and sponsored his socialist revolution for years – even though oil production has fallen 25% since […]

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