Clyde & Co opens Mexico office after merger
Global law firm Clyde & Co has opened its first office in Mexico following a merger with a firm in Latin America.
Mexico
Mexico seeks new home for its oil as Gulf Coast turns to Canada
Shipments of crude to the U.S. from Mexico fell to a new low last week, extending a trend that goes back to when the Energy Information Administration began compiling preliminary weekly import data in June 2010.
Mexico oil reserves gone in 9 years without new finds
Mexico’s existing oil reserves are dwindling so fast the country could go dry within nine years without new discoveries.
Mexico looks to harness North Sea experience with academic alliance
Mexico is looking to harness the experience and wisdom of the mature North Sea oil and gas basin as the country pushes forward with energy reforms.
Aberdeen signs deal with Mexican state
Aberdeen is looking to spice up its international trade deals after Brexit - by signing a new agreement with the Mexican state of Tabasco.
Senior figures from Mexico’s national oil company in fact-finding visit to Aberdeen
Senior figures from Mexico’s national oil company, Pemex, have been visiting Aberdeen on a fact-finding mission.
Rose Petroleum in bid to sell off Mexican asset
Rose Petroleum has entered into a memorandum of understanding with Magellan Gold Corporation for the potential disposal of the firm's Mexican mineral processing mill.
Two dead, 700 arrested in Mexico protest over petrol prices
Anger over petrol price hikes in Mexico has fuelled protests and looting, with the unrest causing the death of a policeman and a bystander.
Mexican gasoline prices to rise by as much as 20.1%
Mexican gasoline prices will rise by as much as 20.1% compared to the highest recorded prices in December.
Total lands three blocks in Mexico bid
Total has been awarded licenses in three blocks in Mexico’s first deepwater offshore licensing bid.
Statoil scoops deepwater blocks in Mexico bidding round
Statoil was awarded two blocks in Mexico's Saline Basin in the country's first ever deepwater tender.
Mexico oil auction succeeds in drawing world’s biggest drillers
Mexico’s first competitive deep-water oil auction surpassed expectations as eight of 10 blocks were awarded to some of the world’s top oil companies.
AGR named as registered reserves auditor by Mexican authorities
AGR said its business in the Americas has been confirmed as a third party supplier to the country's oil and gas operators to certify and audit reserves.
Opinion: Why Mexico’s oil reform is a huge opportunity for investors
When a massive country de-nationalizes its entire energy sector and opens its oil and gas doors for the first time ever to foreign companies, the opportunities are staggering.
Mexico to cut stake in first deep-water venture to level playing field, report says
The terms of a deal to develop a deep-water field off Mexico will be adjusted to create a more level playing field between state-run Pemex and its private project partners, a news report said.
Subsea firms are on a mission to Mexico
UK subsea firms have begun a trade mission to Mexico.
RGU wins funds to draw up training programme for Indian oil and gas workers
The UK Government has awarded Robert Gordon University (RGU) funding to identify and close skills gaps in India’s energy sector.
RGU to help Mexico close oil and gas skills gap
Robert Gordon University (RGU) will help Mexico close the skills gap in its oil and gas industry after the UK Government awarded it funding for the project.
Mexico’s 2017 budget cuts for Pemex fall short of expectations
Petroleos Mexicanos, the state oil company, may avoid deeper cuts to its 2017 budget if lawmakers approve an 86-billion-peso ($4.6 billion) reduction proposed by the Finance Ministry.
Shell becomes first non-bank to join Mexico oil hedge, sources say
Shell participated in protecting Mexico against low crude prices in 2017, according to four people with knowledge of the matter, the first time an oil company has taken part in the world’s largest commodities hedging program.
Seadrill ‘reviewing legal options’ in Pemex contract cancellation dispute
Drilling contractor Seadrill is “reviewing its legal options” in a dispute with Mexican state-owned company Pemex over a rig contract cancellation.
Northcote inks oilfield waste treatment agreement with Pemex
A subsidiary of Northcote Energy has signed a preliminary agreement with Pemex to carry out waste treatment services for the Mexican-state owned oil company. Mayan Drilling Fluids (MDF) will use its soon-to-be commissioned treatment facility in Comalcalco, Mexico, to recycle oil cuttings from fields operated by Pemex, if a binding agreement is reached. MDF is a joint venture between Northcote, which holds 51% of the enterprise, and its Mexican partner Gaia Ecologica.
SapuraKencana Petroleum wins $113m Pemex contract
SapuraKencana Petroleum has won a contract worth $113million from Pemex.
Pemex said to boost fuel imports for August on refinery shutdown
Petroleos Mexicanos is ramping up fuel imports for next month to make up for the shutdown of its fourth-largest refinery this week, according to a person familiar with the matter.
MX OIl invests in Nigeria and Mexico to beat downturn
MX Oil said it was pursuing an investment strategy to beat the industry downturn. The firm is focussing on Nigeria and Mexico as areas to plough its cash into. In the past year, it has managed to raise £11million.