Pemex
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Pair joins other E&Ps who have halted work in the area after disappointing results.
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Woodside confirms key contracts for deepwater Mexican Gulf development.
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The 500-million bbl find in the Mexican Gulf is expected online in 2028.
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Grupo Carso is securing a significant interest in the field ahead of final investment decision.
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The massive offshore field inches closer to first production with the filing of the unit development plan with Mexican regulators.
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Pemex and New Fortress Energy partner up to develop the Lakach gas field.
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The broken commitment highlights the struggles of Mexico's oil regulator to rein in Pemex. It also shows how, while countries like Colombia, Kazakhstan, and Nigeria have cut flaring by investing in infrastructure and strictly enforcing penalties, Mexico is heading in the opposite direction.
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Mexico’s Ministry of Energy has completed the unitization resolution between the blocks that share the Zama reservoir.
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The Mexican state oil company’s increased spending plan is designed to turn around flagging oil production.
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The wells that were taken off line as a result of the blaze had been producing 421,000 B/D of oil.
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