Currently viewing the tag: "Mexico Licensing Rounds"

Last week, PEMEX’s different subsidiaries tackled monopolistic practices accusations in natural gas, disputing CRE’s established LPG rates and outlining deepwater drilling plans, while to-be Minister of Energy Rocío Nahle declared Mexico would not see any new E&P licensing rounds until 2021. Meanwhile, natural gas in the US is facing a perfect storm of increased […]

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MORENA’s legislative body is looking to install CRE and CNH under the Ministry of Energy, effectively endangering their technical, operative and administrative autonomy and President-elect López Obrador is conditioning future licensing rounds to the success of Mexico’s 107 already signed contracts. Meanwhile, ExxonMobil and Shell are betting on natural gas while the US is […]

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Last week filled a page of Mexico’s natural gas industry chapter. Dealing with an increased dependency on US imports, creating a natural-gas specialized NOC and reconsidering hydraulic fracking are but a few of the matters that President-elect López Obrador’s team wants to tackle to secure the country’s energy security. Meanwhile, OPEC maintains production levels […]

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Abel Hibert, a close advisor of President-elect AMLO, denied a Wall Street Journal article that said López Obrador would suspend Mexico’s licensing rounds for two years. Meanwhile, Saudi Arabia cancelled Saudi Aramco’s IPO and French Total abandoned its business ventures in Iran due to the renewed US sanctions.

 

Ready to drill through […]

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Gasoline and natural gas price hikes are feeding Mexico’s inflation while the Attorney General Office is dealing with PEMEX’s complaints. Meanwhile, global oil production is set to ramp up in the 2018-19 horizon.

 

Ready to fuel up? Here’s your weekly news roundup:

 

 

NATIONAL

 

Natural Gas and Gasoline […]

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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:

NATIONAL

 

President Elect Andés Manuel López […]

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