Covid-19 deaths at Mexico’s state-owned oil giant accelerated last month at the fastest pace since August amid a second wave of infections in the nation.
Borr Drilling has taken a 30% knock to its revenues after a series of cancellations and delays to contracts by oil and gas operators.
Dolphin Drilling has won an $83m (£62m) contract with Pemex in Mexico.
When 62-year-old Tomas Morales registered a fever of 101.3 Fahrenheit on April 14, the doctor told him to self-isolate. But there was a problem: Morales was on an oil platform off the Mexican coast only reachable by helicopter, and he shared a bedroom with three other workers.
National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie.
European and Chinese oil and gas firms are well ahead of US rivals in the energy transition race, new research has found.
Confidence continues to return for offshore work, with offshore seismic companies reporting improved performance from contract work, while multi-client continues to lag.
Even as Mexico’s president and Petroleos Mexicanos’s CEO touted the country’s most important find in three decades, it appears to be far from a panacea for the beleaguered state driller.
The Oil and Gas Climate Initiative (OGCI) today unveiled a series of initiatives aimed at reducing greenhouse gas emissions (GHGs).
Scotland's oil and gas sector is "probably not top of the list" for young people considering future employment, according to a Scottish energy chief.
Saudi Aramco hired two Singapore-based traders and began dealing in fuel at the Middle East’s main bunkering port as the world’s biggest oil exporter expands further into the trading business.
The death toll from a pipeline explosion in central Mexico has risen to 66, according to Hidalgo state governor Omar Fayad.
Leaders of Mexico's state oil company Pemex initially feared the inevitable election of leftist presidential candidate Andrés Manuel López Obrador, who spoke of rolling back the nation's recent energy reforms and building new refineries.
US oilfield service firm McDermott International has won a pipeline installation contract with Mexico's Pemex.
Mexico’s 2013 decision to end the government monopoly on energy has resulted in billions in investment and the arrival of dozens of international oil companies.
Petrofac today confirmed it had completed the migration of the Santuario Production Enhancement Contract (PEC) into an interest in a Production Sharing Contract (PSC).
Eni was the biggest winner in Mexico’s latest auction of shallow-water oil prospects.
Fatal fires at two Pemex refineries over the past four months have come at a bad time.
Pemex has put a kids’ recreation park up for sale as it combs through its assets searching for property it can exchange for needed cash.
BHP Billiton has won a contest to partner with Pemex in a joint oil venture to develop a deepwater field in untapped Gulf waters.
Pemex said crude oil exports rose nearly 22% in September compared to the same month last year.
Petroleos Mexicanos has turned to bond repurchases, maturity extensions and swaps to reduce shorter-term debt, Chief Financial Officer Juan Pablo Newman said.
The crew had to be evacuated from an oil tanker after it caught fire in the Gulf of Mexico on Saturday, a news report said.
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.
Drilling contractor Seadrill is “reviewing its legal options” in a dispute with Mexican state-owned company Pemex over a rig contract cancellation.