The Mexican Government will pay part of Pemex investments made in selected areas. Those zones are going to be tender. According to a report in Expansion, the government would pay US$268M.
The country will invest more than US$400M in renewable energies, according to Minister of Energy Pedro Joaquín Coldwell. Investments will focus particularly on solar energy. Guanajuato is the Mexican State is the most benefited.
Pemex will invest US$54.3M to extract unconventional oil in five onshore areas, in Veracruz. The National Hydrocarbons Commission (CNH) authorized it, in an extraordinary session, according to Forbes México.
The first Oil-Company to win contracts to explore and produce hydrocarbons in Mexico, after the opening of the sector, has big goals in the country. Sierra Oil & Gas seeks to have no less than 500mmbbl in reserves, according to a report in Expansión.