The Week in Oil and Gas is all about finances, M&As and investment. While the volume of the industry’s M&A market decreased in 2018, its value grew compared to the previous year, reports EY. As for investment, Saudi Arabia will boost the figures internationally. In Mexico, civil concerns over poisonous gases produced by hydrocarbon wells […]Continue Reading →
PEMEX is seeking to form joint ventures with existing partners for two deepwater blocks which the NOC won in January 2018.
Talks are taking place between PEMEX and the consortium formed by Talos Energy, Premier Oil and Sierra Oil & Gas regarding the drilling of an appraisal well of the […]Continue Reading →
PEMEX named Armando Palacios Director General of PEMEX Logística and David Ruelas as CFO.
A PEMEX duct exploded in the state of Mexico due to illegal fuel tapping.
The prospective energy minister of presidential frontrunner Andrés López, Rocio Nahle, said that in a López Obrador presidency the country would focus […]Continue Reading →
Mexico became the 30th member of the IEA, thereby becoming the organization’s first Latin American member.
BHP Billiton will start drilling an appraisal well and an exploratory well later this year as part of a plan approved by the CNH Feb. 15
PEMEX reported no damages after the 7.2 […]Continue Reading →
PEMEX is on the point of sealing a US$2.6 billion deal with a consortium headed by Japanese conglomerate Mitsui & Co for a coking plant in its ailing Tula refinery.
Mexico’s second deepwater licensing Round 2.4 was a great success with 19 of 29 blocks being awarded. Shell won 9 […]Continue Reading →
Pemex ended the third quarter of 2017 in the red numbers, losing US$5.3 billion. Losses were attributed to the disruption of production and refining due to hurricanes Harvey and Katia, as well as Mexico’s two September earthquakes.
Italian IOC ENI announced that it might dilute its participation in the Mexican oil production by 40% […]Continue Reading →