On September 29, the Mexican Association of Hydrocarbon Companies (AMEXHI) announced that Alberto de la Fuente, President and Director General of Shell México, was unanimously elected as President of the association for the 2016-2018 term.
In an excerpt from an exclusive interview with El Financiero Review, Alberto de la Fuente, President and Director General of […]Continue Reading →
Mexico’s oil regulator announced that PEMEX’s agreed stake in the upcoming Trion farm-out is to be reduced to 40 percent, down from the original 45 percent. The Trion block, located in the Perdido Fold Belt, is set to become the first area in Mexico’s deep waters involved in a joint venture between PEMEX and […]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 →
In an excerpt from his exclusive interview with Mexico Oil & Gas Review 2016, Mauricio Herrera Madariaga, Executive and Administrative Coordinator of Fondo Mexicano del Petroleo sheds light on the purpose of the oil fund and erases all misconceptions that might exist surrounding its performance so far.
Q: Why did Mexico […]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 →
On Monday 16 December, Mexico’s Secretary of Energy Pedro Joaquin Coldwell presented the International Energy Agency’s Executive Director Fatih Birol with an official letter declaring Mexico’s interest in joining the advisory organization.
The IEA was founded one year after the 1973 oil shock as an autonomous intergovernmental organization within the OECD framework, in order to […]Continue Reading →