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Mexico is one of the most important investment destinations in the world but it also has vast intra-country disparities that must be addressed, Max Mergenthaler, Head of the Investment Promotion Unit for the Special Economic Zones, told the Mexico Oil & Gas Summit 2017 on Tuesday in Mexico City.

“The Special Economic Zones [ZEEs] were […]

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The Fiscal Reform implemented by the Peña Nieto administration, including the mechanisms set in place to manage the income generated by the hydrocarbons industry, provide the Mexican government with flexibility to deal with any oil-price surprises that might arise, Salvador Ugalde, Director of the Income Unit of Hydrocarbons at the Ministry of Finance, told the […]

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R1-L3: Follow Ups

On December 18, 2015 By

Just three days after the successful R1-L3 that oversaw the allocation of no less than 100% of the 25 fields tendered, government officials and experts voice their hopes and concerns over the results.

Lourdes Melgar, Undersecretary of Hydrocarbons at the Ministry of Energy (SENER), explained that the design of the tenders was consciously […]

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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 […]

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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 […]

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In an interview granted to Atzayaelh Torres from newspaper El Financiero, SENER Undersecretary for Hydrocarbons Lourdes Melgar stated the first few privately extracted barrels of oil that count towards Mexico’s national production index can be expected to appear before the end of the current President Enrique Peña Nieto’s administration, which runs from 2012 to 2018. […]

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