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After 78 years, a foreign private company extracts hydrocarbons in Mexico

Renaissance Oil Corp. is the first company after 78 years to compete with state -owned Pemex in hydrocarbons production and commercialization in Mexico.

Friday, June 24th, 2016
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“3 de 3” law could generate problems to Pemex´s intentions

The “3 de 3” law, recently approved in Mexico, has already generated some concerns, especially to Pemex. The State-Company is currently seeking partnerships with private companies abroad.

Wednesday, June 22nd, 2016
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Mexican companies cut more than 9,000 jobs during 2015

When the price of WTI (West Texas Intermediate) surpassed the US$100 per barrel in 2014, it was all happiness in the sector with large projections and expectations; just two years later with the barrel closer to US$50, things have changed substantially.

Wednesday, June 15th, 2016
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Ecopetrol drops out of first Mexico bidding round

Ecopetrol (NYSE:EC) has withdrawn its participation in a consortium formed to bid on offshore blocks in the Mexico Round 1 just days ahead of the presentation of bids.

Wednesday, July 8th, 2015
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ECP, PRE set their sights on Mexico

Ecopetrol (NYSE:EC) and Pacific Rubiales (TSX:PRE) are both looking north and making the upcoming concession round in Mexico one of their main targets looking forward. Both are included in the list of 39 firms pre-qualified for Round One.

Wednesday, April 1st, 2015
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