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Tag: mexicos
Mexico's Pemex Spills More Red Ink As Threat Of Downgrade Looms
2019-07-26 21:51:22| OGI
Mexico's state oil company Pemex posted another quarter of major losses on July 26, weighed down by falling output and lower crude prices, as the heavily indebted firm faces the prospect of a fresh downgrade from credit agencies critical of its direction.
Mexico's President Defiant In Row With Canada Over Pipeline Contracts
2019-06-28 16:36:29| OGI
The row has revived concerns that Lopez Obrador's government could put in jeopardy contracts signed under previous administrations, the last six of which the president has characterized as part of a corrupt "neo-liberal" era.
Tags: canada
president
row
contracts
Mexicos Oil Regulator Approves BPs Offshore Drilling Plan
2019-06-26 15:27:21| OGI
The four-year exploration plan covers a 700,000-sq-km shallow-water block, located north of the coast of Tabasco state.
Tags: plan
oil
offshore
regulator
Israels Navitas: Oil Production Starts At Gulf Of Mexicos Buckskin
2019-06-17 15:33:18| OGI
Production is expected to last some 18 years and bring in total revenue to Navitas and its partners of about $11.3 billion, the company said in a statement.
Tags: production
oil
starts
gulf
Mexicos Oil Regulator Cancels October Auctions To Pick Pemex Partners
2019-06-14 02:17:07| OGI
Mexico's oil regulator announced on June 13 the cancellation of auctions set for October to pick joint-venture partners for national oil company Pemex in seven onshore areas.
Tags: october
partners
pick
oil
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