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Mexico’s new oil wealth will go to the USUS Gulf Coast

Williams Cos oil and gas pipelines are expected to transportMexican oil from the Gulf of Mexico because they have available capacity.

Thursday, January 26th, 2017
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Offshore exploration projects begin

This year begins with good news for the states of Veracruz and Tabasco. Oil and gas exploration projects will begin in February in these areas of Mexico as international firms start work offshore.

Thursday, January 26th, 2017
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FMP’s resources falls

The Mexican Petroleum Fund (FMP) reported a decrease in “ordinary transfers” during 2016. The fund receives resources from E&P allocations and contracts. It also manages financial aspects of the contracts.

Thursday, January 26th, 2017
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Pemex will recover its financial balance by 2020: González Anaya

Pemex’s general director José Antonio González, assured that the NOC will continue to be profitablefor Mexicoand will return to financial healthby 2019 or 2020.

Wednesday, January 25th, 2017
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Micro-refineries: a viable option for Tamaulipas

Developed with private capital that often comes from Texas, micro- refineries have been seen as a viable project to be set in Tamaulipas.

Wednesday, January 25th, 2017
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Mexico could increase its shale production

The new US administration wants to encourage shale oil production. Mexico has one of the largest reserves of shale oil worldwide.

Wednesday, January 25th, 2017
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