Post Tagged with: "Mexico"

Moody’s Downgrades Russia, Mexico may Follow

Moody’s Downgrades Russia, Mexico may Follow

Russia receives downgrade

Moody’s Investors Service announced last week that it was downgrading the outlook for the government of Russia’s debt rating to Baa2 from Baa1, putting Russia’s rating just one notch above a junk rating. Moody’s also maintains a …

January 19, 2015 - 6:12 pm International, Oil and Gas 360 Articles
India and Mexico Sign MoU

India and Mexico Sign MoU

Reliance Industries Limited (ticker: RIL) and the Mexican state owned company, Petroleos Mexicanos (PEMEX) have entered into a Memorandum of Understanding (MOU) regarding cooperation on potential upstream business opportunities in Mexico and the companies will jointly evaluate value added opportunities …

December 8, 2014 - 6:55 pm International, Oil and Gas 360 Articles
Mexico Oil Privatization will Result in “Profound Changes”

Mexico Oil Privatization will Result in “Profound Changes”

For the first time since 1938, Mexico’s oil frontier is open for business.

Mexico’s newly privatized oil industry was officially signed into law on August 11, 2014, ending Petróleos Mexicanos’ (Pemex) 76 year nationalization reign on the country’s hydrocarbon resources. …

Mexico Prepares for Hydrocarbon Bidding War; Supermajors Lie in Wait

Mexico Prepares for Hydrocarbon Bidding War; Supermajors Lie in Wait

For 76 years, Mexico’s state-owned oil company Petroleos Mexicanos, or Pemex, has been the government-enforced monopoly over all of the country’s oil and gas industry efforts. Roughly one-third of all of Mexico’s tax revenues is derived from Pemex, according to …

U.S. and Mexico to Jointly Develop Gulf of Mexico

An agreement between the U.S. and Mexico is prompting U.S. oil and gas offshore operators in the Gulf of Mexico to brush up on their Spanish.

The passage of H.R. 1613 in the U.S. House of Representative is expected to …

July 3, 2013 - 11:44 am Offshore, Oil and Gas 360 Articles, Politics & Opinions

The Old Guard is Back in Mexico, But Something's New

On Sunday July 1, 2012, Mexicans went to the polls to cast their vote for president. Election authorities predict that Enrique Pena Nieto as the winner. The 45-year old former governor of the state of Tabasco, who is married to …

July 2, 2012 - 4:37 pm Oil and Gas 360 Articles