MEXICO CITY – U.S.-based Sempra Energy will be granted an export permit for a liquefied natural gas facility in northwest Mexico if the company helps address excess supply in the area, Mexican President Andres Manuel Lopez Obrador said on …
The natural gas market in Mexico is a new opportunity for private sector producers, as firms begin to analyze alternative possibilities, according to a research note from consultancy Talanza.
“Natural gas has become a worldwide commodity, and particularly in …
MEXICO CITY – The trial of a former boss of Petroleos Mexicanos threatens to expose years of alleged malpractice at the state oil company and provide a canvas for Mexico’s leftist president to depict rot at the heart of …
There are experiences in Mexico’s history (and certainly other countries’) that serve as painful reminders that building an economy highly dependent on hydrocarbons is not, in the long term, the cleverest of decisions.
The oil boom in the 1970s …
Oil & Gas 360 Publishers Note: This is fantastic. Exporting and trading with Mexico and Canada is better for our neighbors and the United States.
Exports of natural gas by pipeline are the largest component of U.S. natural gas …
WASHINGTON/MEXICO CITY – The United States on Thursday blacklisted Mexico’s Libre Abordo and a related company, accusing them of helping Caracas evade U.S. sanctions in the first formal action by the U.S. Treasury Department against Mexican firms involved in …
MEXICO CITY – Mexico’s oil regulator will allow energy firms more time to secure permits and plan approvals, it said in on Thursday, in effect extending a freeze on all deadlines until the government determines it is safe to …
MEXICO CITY/NEW YORK – Mexico’s state-owned oil company Petroleos Mexicanos has seen investor sentiment improve in recent weeks despite sky-high debts, a slump in demand and no clear direction about how the government will turn the money-losing driller around.…
MEXICO CITY – President Donald Trump has “generously” agreed to cut American oil output by an additional 250,000 barrels per day to help Mexico contribute to global reductions, his Mexican counterpart said on Friday.
During marathon talks on Thursday …
Reuters
DUBAI/MOSCOW – Saudi Arabia, Russia and their allies will press Mexico on Friday to join an accord for collective oil production cuts equivalent to 10% of global supplies and will push the United States and other producers to remove …
Oil producer group OPEC and its allies failed to comprehensively secure a deal to take a historic amount of crude off the market on Thursday, after Mexico balked at the suggested production cuts.
An energy alliance of some of
MEXICO CITY – Mexico’s leftist president may offer some concessions to pro-market voices in his cabinet when he unveils a $13.5 billion energy plan this week, but likely not enough to attract major investment or to revive the fortunes …
Woods told investors that ExxonMobil (stock ticker: XOM) is planning capital expenditures of between $30 billion to $35 billion annually through 2025, consistent with previous guidance. For 2020, the company anticipates an investment level of up to $33 billion, …
Royal Dutch Shell Plc is pushing ahead on its massive deep-water drilling plan in Mexico, even as it doesn’t foresee production starting under the current government.
The global oil major plans to drill four wells this year, and …
The sale of a stake in Mexico’s giant Zama oil field promised to help Premier Oil pay down debts and strengthen its balance sheet, but an ownership conflict is complicating that process.
Some international oil companies operating in …
MEXICO CITY – Italy’s state-controlled oil company Eni said on Monday it notched an offshore discovery just off Mexico’s southern Gulf Coast, marking “a potential commercial outcome” in its area because of other nearby prospects.
The new find is …
HOUSTON, Jan. 31, 2020 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced the filing of a preliminary Schedule 14C information statement with the Securities and Exchange Commission (“SEC”), an important …
MEXICO CITY – Mexican state oil company Petroleos Mexicanos would like to run the operations in a major offshore oil area discovered by a consortium of private companies when development eventually begins, the company’s chief executive said on Wednesday.…
Talos Energy Announces Appointment Of Bob Abendschein As Executive Vice President And Head Of Operations, Succeeding Stephen E. Heitzman
…
The Houston offshore oil and gas producer Talos Energy announced the results of a $640 million buying spree, picking up a slew of assets in the Gulf of Mexico from multiple companies backed by Riverstone Holdings and other …
Some of Petroleos Mexicanos’s communication systems are still affected two weeks after a cyberattack hit Mexico’s beleaguered state oil firm.
For some employees, internet access is limited, some computer files aren’t accessible and they are having difficulty receiving …
American oil companies operating south of the border are stepping up their cybersecurity measures after reports of a ransomware attack that allegedly knocked out computers at Mexico’s state-run oil company Petroleos Mexicanos, or Pemex.
Mexican media outlets have …
Mexican national oil company Pemex will not pay a ransom demanded by suspected cyberattackers who targeted the firm’s computer systems, Energy Minister Rocio Nahle told reporters on Wednesday.
Nahle, who also serves as chair of the Pemex board, added …
Mexico will soon unveil a set of major infrastructure projects drawn up by the private sector to lift the economy, President Andres Manuel Lopez Obrador said on Wednesday, seeking to banish the specter of recession from his young …
A consortium formed by Hokchi Energy, Talos Energy and Wintershall Dea has given up a Mexican oil contract in the Gulf of Mexico’s shallow waters due to lack of commercial discovery, the country’s oil regulator said on Wednesday.…
Source: Houston Chronicle
Petroleos Mexicanos’s head of crude oil trading Victor Briones has left the company, people familiar with the matter said Thursday.
Briones, who worked for two decades at PMI, the trading arm of Mexico’s state-owned oil company, left …
Source: Reuters –
A sweeping oil reform enacted several years ago in Mexico came under fresh attack from President Andres Manuel Lopez Obrador on Tuesday, as he dismissed it as a give away that has yielded no additional output from …
Source: Reuters –
Mexico’s government will uphold its pledge to keep fuel prices stable and has gasoline supplies secured despite attacks on Saudi oil sites, President Andres Manuel Lopez Obrador said on Tuesday.
Lopez Obrador told a regular news conference …
From Reuters
Mexico’s government said on Tuesday it had persuaded companies to waive “significant” profits from natural gas pipeline deals signed under the previous administration after renegotiating the contracts to save taxpayers $4.5 billion.
The deal announced by President Andres …
