Mexico

Mexican national oil company (NOC) Pemex has said that it is looking to buy a 'significan't US refinery, as the company struggles to meet surging Mexican gasoline demand.

Mexico's state-run oil and gas producer Pemex has tested gas flows from its first shale-focused exploration well in the country's north.

Pemex is launching its first tender that will allow foreign oil companies to re-enter Mexico's oil industry since the industry was nationalised in 1938. While contracts for only three... 2011-03-02

Mexico's state-run Pemex produced 2.58mn barrels per day (b/d) of crude oil in January, according to a report on February 25 2011, its highest crude production volume for the past eight... 2011-02-28

The completion of Mexico's long-delayed Minatitlán refinery expansion project in Q111 will reduce export volumes of the country's benchmark Maya heavy crude oil blend by 110,000 barrels... 2011-01-27

Mexico's Energy Ministry has said that it expects crude oil production to rise to 3.3mn barrels per day (b/d) by 2025, just below the country's record production level of 3.4mn b/d,... 2011-01-21

Mexico plans to invest around MXN334bn (US$27.5bn) between now and 2025 in increasing refining capacity in order to meet surging demand for fuels, according to an energy ministry plan... 2011-01-14

BMI View : The CNH's new deepwater regulations in the main defer to international safety standards, meaning Pemex will follow the US lead. The CNH has also avoided imposing a temporary... 2011-01-12

The Mexican government has spent US$812mn buying put options to sell its oil at US$63 per barrel (bbl) in 2011.

In a major step towards opening Mexico's oil sector to international oil company (IOC) involvement, the board of state-run Petróleos Mexicanos (Pemex) has for the first time approved... 2010-11-25