Mexico

Mexican state-controlled oil company Petróleos Mexicanos (Pemex) is hoping to attract bids from drilling contractors for 500 new development wells on the Chicontepec field. Pemex... 2008-12-17

Mexican national oil company Petróleos Mexicanos (Pemex) has launched a tender for five shallow water drilling rigs in a bid to maintain output at its existing offshore production... 2008-11-20

Mexican state-controlled oil company Petróleos Mexicanos (Pemex) may award its first exploration and production (E&P) contracts to foreign companies by the end of 2009. Pemex... 2008-11-17

Mexican state-controlled oil company Petróleos Mexicanos (Pemex) reported a loss of US$1.3bn in the third quarter of 2008, despite record high crude oil prices.

Mexico's senate has voted in favour of reforms to the country's oil sector that will grant state-controlled oil company Petróleos Mexicanos (Pemex) greater financial autonomy and... 2008-10-24

Mexican President Felipe Calderón's attempts to reform Mexico's oil industry, which have met with resistance in the Mexican legislature, have received a moderate boost after a senate... 2008-10-22

The Mexican Senate is due to vote on a package of legislative reforms within the next week that are designed to address declining crude production and to attract foreign expertise... 2008-10-14

Mexican President Felipe Calderón has pledged to combat the global economic crisis by increasing expenditure on infrastructure projects in Mexico. The president plans to spend MXN12bn... 2008-10-09

Mexican state-owned oil company Petróleos Mexicanos (Pemex) has been forced to temporarily cut its oil output by 250,000 barrels per day (b/d) as US Gulf Coast refineries reduced... 2008-09-30

Canadian oil and gas rig operator Precision Drilling Trust is to buy US gas driller Grey Wolf in a US$2bn deal that will create one of the largest drilling companies in North... 2008-08-26