Mexico Archives - Oil & Gas 360

Mexico’s oil and gas sector needs certainty to drive investment, AMEXHI says

April 16, 2026

(World Oil) – The Mexican Association of Hydrocarbons Companies (AMEXHI) has expressed support for the federal government’s gas strategy aimed at strengthening energy sovereignty, while emphasizing the need for improved investment conditions to advance oil and gas development. The industry group said that enhancing competitiveness, regulatory certainty and physical security will be critical to attracting capital and accelerating upstream activity in

US, Mexico to develop coordinated trade policies on critical minerals

February 4, 2026

(Investing) – WASHINGTON – The United States and Mexico on Wednesday unveiled a 60-day plan to develop coordinated trade policies aimed at mitigating vulnerabilities in critical mineral supply chains, including possible price floors for certain mineral imports. The plan, which includes no specific mention of China and its chokehold on processing of many such minerals, calls for the two nations to

Mexico to hike tariffs on China starting Thursday

December 31, 2025

(Investing)– Mexico’s sweeping new tariffs on imports from mostly Asian countries are set to take effect on Thursday, in a move that will largely align Mexico with the U.S. as the neighboring countries place significant barriers on Chinese imports. Approved by Congress in early December, the measure raises tariffs – most up to 35% – on countries without free trade

US natural gas exports to Mexico hit record highs, EIA says

October 20, 2025

(BOE Report) – U.S. natural gas pipeline exports to Mexico averaged 7.5 billion cubic feet per day (bcfd) in May 2025, the most of any month on record as Mexico’s demand for natural gas increases, the U.S. Energy Information Administration said on Monday. On an annual basis, U.S. natural gas pipeline exports to Mexico averaged 6.4 bcfd in 2024, a

$Mexico approves fracking to reverse sagging oil and gas production- oil and gas 360$

Mexico approves fracking to reverse sagging oil and gas production

August 8, 2025

(Oil Price) – In a major U-turn in energy policy, Mexico has unveiled a 10-year plan to reverse a years-long decline in oil and gas production by tapping more unconventional resources through fracking. Petroleos Mexicanos, or Pemex, the world’s most indebted energy firm, has seen declines in its output in recent years as old shallow-water conventional fields mature. Now the government

US Gulf refiners seek MidEast, S.American oil to offset Venezuela, Mexico losses

July 25, 2025

(BOE Report) – U.S. Gulf Coast refiners are snapping up higher volumes of Middle Eastern and South American crudes to offset the loss of Venezuelan and Mexican barrels, according to ship tracking data, a workaround solution that might be short-lived if the U.S. allows some sanctioned Venezuelan crude to return to the market. The shake-up in trade flows reflects a

Mexico’s Pemex payment crisis: suppliers threaten July shutdown

June 17, 2025

(BOE Report) – The Mexican association that groups major global oil services companies warned that it is going through an “unprecedented crisis” due to the lack of payments from the state-owned oil company Pemex, the world’s most indebted energy company. In a letter sent to President Claudia Sheinbaum and released on Monday afternoon, the association warned that many of these

Mexico halts U.S. fuel imports by truck amid crackdown on illegal sales

April 16, 2025

(Oil Price) – Mexico has temporarily suspended imports of fuels from the United States by truck as it is stepping up inspections of permits in a bid to clamp down on illegal fuel trades, sources with knowledge of the matter have told Reuters. As Mexico is stepping up cargo inspections, trucks loaded with diesel and gasoline are currently not being allowed to

Key US energy data trends to track as tariffs kick in: Maguire

March 5, 2025

(BOE Report) – Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of new steep tariffs on the United States’ largest trade partners, which kicked in on Tuesday. New 25% tariffs on imports from Mexico and Canada, along with a doubling of duties on Chinese goods to 20%, took effect on March

Trade wars begin as U.S. tariffs on Canada and Mexico come into effect

March 4, 2025

(Oil Price) – The global trade wars intensified on Tuesday as the U.S. tariffs on Canada and Mexico took effect and China was slapped an additional 10% levy, prompting retaliatory tariffs and sending equity markets and oil prices lower. Oil prices were down by 1% in Asian trading early on Tuesday, as markets fear economic slowdown from the tariffs and

Mexico to boost crude reserves to meet at least a decade of demand, Pemex CEO says

February 12, 2025

(BOE Report) – Mexico plans to boost its crude oil reserves to ensure it has enough for at least a decade of consumption, the chief executive officer of state energy company Pemex, Victor Rodriguez, said on Wednesday. Pemex has 12 strategic projects that will account for 61% of this hydrocarbon production, Rodriguez added. Speaking alongside Mexican President Claudia Sheinbaum at

Oil prices ease as US tariffs on Mexico paused for a month

February 3, 2025

(Investing) – HOUSTON -Oil prices edged lower on Monday after rising more than $1 earlier in the session after the United States and Mexico announced a month-long pause on tariffs the U.S. had slapped on its southern neighbour. U.S. President Donald Trump had imposed tariffs on Canada, Mexico and China to take effect from Tuesday, raising fears of supply disruption. Brent

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