Mexico

Norway's StatoilHydro will purchase a 50% stake in Brazil's offshore Peregrino field and 25% in the Kaskida discovery in the US Gulf of Mexico (GoM) from Anadarko.

The opposition Institutional Revolutionary Party (PRI) in Mexico is pushing to limit foreign or non-state investment in the national oil monopoly Petróleos Mexicanos (Pemex) to... 2008-02-22

The Mexican government plans by the end of March to unveil an initiative to open the state oil industry to foreign and private investment, according to energy minister Georgina Kessel.... 2008-02-15

In a move with considerable political implications, Brazil's state-controlled Petróleo Brasileiro (Petrobras) has invited Mexican state-owned oil monopoly Petróleos Mexicanos... 2008-02-14

Mexico and Brazil have signed a bilateral agreement on August 6 to expand their cooperation in energy. The two countries signed a Memorandum of Understanding (MoU), which includes... 2007-08-08

Mexico's state-controlled Petróleos Mexicanos (Pemex) and the UK's BP signed three technology sharing agreements on July 24. Under the five-year agreements, BP will share its... 2007-07-25

Mexico's President Felipe Calderón has publicised his concern over the country's falling volumes of oil exports. He further announced the need for the government to reduce its financial... 2007-07-03

Mexico's state-controlled Petróleos Mexicanos (Pemex) has announced that natural gas output reached 170mn cubic metres per day (mcm/d) at the end of March, or the equivalent of... 2007-05-09

Faced with the multiple challenges of delivering increased volumes of crude oil, boosting gas production and upgrading refineries, Petróleos Mexicanos (Pemex) is struggling to... 2007-04-12

Mexico's overall business environment can be considered highly unattractive in a regional context, thanks largely to the country's strict rules over upstream oil assets, refining... 2007-04-05