The stage is set for Akron to rebrand 600 service stations in the Bajio region. The fuel additives company is also planning the construction of a storage terminal in Lagos de Moreno, Jalisco, with a capacity of 25,000 barrels. Akron’s decision stems in decreasing logistics costs as Mexico’s northern region charges […]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 →
Shell awarded nine contracts, PC Carigali six, Qatar Petroleum five and PEMEX four
Round 2.4 Main Winners Company Assigned Areas As consortium As lone-player Total awarded areas Shell 2, 3, 4, 6, 7, 20, 21, 23, 28 2, 3, 4, 6, 7 20, 21, 23, 28 9 PC Carigali 10, 12, 14, 25, 26, 29 […]
by Arturo Mora
PEMEX is preparing 40 new farmouts which will be divided into 7 clusters of smaller blocks, according to new PEMEX CEO, Carlos Treviño, Tuesday Nov. 4.
Thursday Dec. 7, CNH cancelled the Nobilis-Maximino farmout, planned for Jan. 31, due to lack of interest from potential bidders.
Mexico’s oil exports to […]Continue Reading →
On Nov. 3, 2017, Mexican president Enrique Peña Nieto announced the PEMEX’ “biggest onshore discovery in the last fifteen years.” The light-oil discovery was made in the Veracruz basin, 40 kms northeast of Cosamaloapan, Veracruz. This discovery represents 1,500 million bcoe while the field’s estimated reserves are 350 million bcoe.
According to analysts […]Continue Reading →