Mexico’s Energy Reform achieved a milestone this week as Argentina-based Pan American Energy (PAE) started drilling in the Hokchi-2 well on Sunday, the first time a non-PEMEX operator has ever drilled in Mexican waters.
Richard Spies, PAE’s Chief Executive, said that operations in the Tabasco-based block commenced at 1.30am local time on Oct. […]Continue Reading →
It is no surprise that the global drop in oil prices has caused the growth rate of economies around the world to slow down. Between 2014 and 2015, Mexico only grew 2.5%. The most interesting figures, however, come from a breakdown of the country’s growth rates by state. Michoacán, Tabasco, Chiapas, and Campeche, the territory’s […]Continue Reading →
After five years of intense negotiations, the Trans-Pacific Partnership agreement has finally been completed, intertwining economies from the American and Asian continents. The long-awaited agreement comes as part of the efforts by leading countries to devise legal frameworks that will result in further globalization. It was announced on the fifth of October by the Trade […]Continue Reading →
Mexico Oil & Gas Summit 2015 has arrived. Tomorrow, July 22nd, the Mexican oil industry comes together to reflect on its latest milestones, with 400 industry leaders discussing key trends and sharing valuable perspectives. Guests range from industry regulators to executive members of the private sector, with the Salón Independencia the Hotel Sheraton María Isabel in Mexico City will […]Continue Reading →
Mexico Oil & Gas Review 2015 was launched last week at the Mexican Petroleum Congress in Guadalajara. The MOGR team introduced this comprehensive review that analyzes the latest industry developments and evaluates the milestones and trends that will define the future development of the Mexican oil and gas industry from the viewpoints of its most […]Continue Reading →
As part of the efforts to open the Mexican oil and gas sector to private participation, the authorities launched Round One, in which 160 onshore and offshore blocks will be tendered according to basins and types of hydrocarbons. The opening of the market is meant to help the country’s production decline and share […]Continue Reading →