Last week, PEMEX’s different subsidiaries tackled monopolistic practices accusations in natural gas, disputing CRE’s established LPG rates and outlining deepwater drilling plans, while to-be Minister of Energy Rocío Nahle declared Mexico would not see any new E&P licensing rounds until 2021. Meanwhile, natural gas in the US is facing a perfect storm of increased […]Continue Reading →
Mexico has always been more of an oil producer than a natural gas producer, yet, up until 2000, it was able to remain self-sufficient in terms of natural gas. In that year, demand started surpassing production and PEMEX, the only hydrocarbon producer at the time, did not prioritize substantial investment in natural gas production. As […]Continue Reading →
One of the most important transactions to the global oil and gas industry took place this past Thursday November 13th: O&G engineering giant Amec decided to take over Foster Wheeler. Now, Amec Foster Wheeler, has combined forces to take on projects in over 50 countries, including Mexico. With a workforce that adds up to 40,000, […]Continue Reading →
The long awaited event, Mexican Oil & Gas: Opportunities Post-Reform II, will take place at the Hyatt Regency hotel in Polanco from September 30th to October 2nd. As a sequel to the inaugural summit organized by Infocast in February 2014, this represents an excellent occasion for the oil and gas industry, including government […]Continue Reading →
Groundbreaking changes to Mexico’s energy regime are expected to take effect throughout the coming 12 months. Essentially, the Energy Reform and its Secondary Laws will enable private participation in the oil and gas sector’s exploration, production, and distribution of hydrocarbons. Dynamic activities in all of the industry’s segments is set to kick in sooner than […]Continue Reading →
Tomorrow in the Sheraton María Isabel in Mexico City, we invite you to be a part of the Mexico Oil & Gas Summit, the premier event that brings together the key Mexican and international players who are shaping the development of the country’s oil and gas industry after the Energy Reform.