Mexico

In another blow to President Felipe Calderón's efforts to liberalise Mexico's energy sector, the Mexican government and state-owned oil company Petróleos Mexicanos (Pemex) have... 2010-02-17

The Mexican government has spent US$1.17bn buying put options to sell its oil at US$57 per barrel (bbl) in 2010. The move, which was announced by the finance ministry in a December... 2009-12-11

The Mexican government has reduced by 63% the funds allocated to state monopoly Petróleos Mexicanos for development of the Chicontepec oil field, validating our misgivings over... 2009-12-01

A Mexican energy commission has ordered national oil monopoly Petróleos Mexicanos (Pemex) to reduce gas flaring at its fields in order to raise state revenues and cut carbon emissions.... 2009-11-26

Mexico's pro-business President Felipe Calderón is pushing ahead with the liberalisation of the state-monopolised energy sector despite growing political opposition. His administration... 2009-11-12

An energy ministry commission has recommended the suspension of work at Mexico's flagship new oil field development, Chicontepec.

State energy monopoly Petróleos Mexicanos (Pemex) has awarded a US$464mn contract to French oil services provider CGGVeritas to carry out 3D seismic work in the Mexican sector... 2009-09-08