Mexico is Slowly but Surely Regaining Global Prominence in the Energy Sector
It is official: after having been awarded the shallow waters field containing the Amoca, Tecoalli, and Miztón fields on 30 September in the second bidding phase of Round One, ENI has just signed its first production-sharing contract, officiating its entrance into Mexico’s national […]Continue Reading →
The long-awaited Mexico Oil & Gas Technology Forum 2015 will bring together high-profile industry leaders this coming January 28th at the Sheraton Maria Isabel in Mexico City. Among a broad list of renowned speakers, the process of defining the diversification of the country’s production portfolio is a trending topic in the global oil and […]Continue Reading →
Shock waves are going through the global oil and gas markets. Oil prices have received a substantial low-blow over the past month and today the WTI sits just under US$6 per barrel, the Brent is at US$69 and the Mexican crude oil basket hovers at US$59.
Evidenced in EIA’s Short-Term Energy Outlook published this past […]Continue Reading →
Change is on the horizon according to PEMEX’s latest news; a transformational step that aims to boost efficiency and maximize profitability. Its Administrative Council has just approved the company’s corporate restructuring this week enabling it to reach new markets and become what Emilio Lozoya calls a stronger and bolder PEMEX. Following this paradigm shift to […]Continue Reading →
Farm-outs, joint-ventures, and the fresh rendering of Mexico’s hydrocarbon sector backed by the Energy Reform have caught the attention of the international oil and gas industry, where the unprecedented changes in the country are a simmering reality that has kept the expectation at a constant high. Time is only ticking for the first set of […]Continue Reading →
The hype surrounding the release of the exploration areas and production fields in Mexico’s hydrocarbon assets that will be available for the private sector to bid has finally simmered to a reality. The general terms that will be applicable to all contracts were just released by SENER this week and even though Round One’s first set […]Continue Reading →