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This week’s Interview of the Week is with Michael Ross, Vice President and Country Manager Mexico at Kiewit where we discussed the company’s Puerto Progreso storage terminal and the company’s strengthening position in Mexico. Michael Ross of Kiewit

Q: In which oil and gas segment does Kiewit see the biggest business opportunity in Mexico?

A: […]

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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 […]

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Between successful project conclusions, natural gas storage facilities in the pipeline and a counter-monopolistic investigation, Mexico’s natural gas market had contrasting news last week. Meanwhile, US Treasury Secretary Steven Mnuchin dented IOCs’ stock market value, while ExxonMobil is facing business difficulties and OPEP members agreed to increase crude oil production.

 

Ready to drill […]

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Shale resources have long been a potential alternative for the Mexican energy sector. The size of alleged potential reserves, the low price that governs the gas market and the environmental advantages that they have over other  fossil fuels keep pressing Pemex to take a further look into the possibility of satisfying the nation’s demand struggles […]

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