As underlined by Mexico’s President Enrique Peña Nieto this past August 3rd during his enactment speech of the transcendental Secondary Laws, the creation of a new entity in charge of regulating and overseeing oil and gas operations is expected to be announced by the end of a 90-day period.
According to PEMEX, the […]Continue Reading →
In a ceremony held today at Los Pinos, the Mexican President’s official residence, President Felipe Calderón, along with Energy Minister Jordy Herrera and Pemex CEO Juan José Suárez Coppel, announced the discovery of light crude at Pemex’s Trión-1 well, in the Perdido folded belt. The announcement marks the end of Pemex’s unfulfilled search for […]Continue Reading →
Since the Macondo blowout in the US sector of the Gulf of Mexico in April 2010, offshore regulators in the oil and gas industry have been attempting to put in place new regulations, and revise old ones, in order to ensure that another accident does not occur that could come close to what has since […]Continue Reading →