Production News for Latin America


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Mexican Government Raises Pemex Deductions To Continue Oil Output
Friday, August 18, 2017 Mexico's finance ministry says Pemex will be allowed to deduct more costs for developing some projects so the firm can maintain production.

Mexican Oil Regulator Approves First Onshore Joint Venture Projects
Friday, April 28, 2017 Mexico's first two onshore oil and gas projects to be developed by joint ventures between state-owned Pemex and new partners were approved.

Mexico's Pemex Jan Crude Output Drops 10.6 pct from A Year Ago
Friday, February 24, 2017 Mexican national oil company Pemex produced 10.6 percent less crude oil in January than in the same month last year, the company said.

Trump's Mexican Standoff May Send US Gas to $2 If Exports End
Tuesday, January 31, 2017 Natural gas prices in the US may tumble about 40% if President Donald Trump's diplomatic showdown with Mexico becomes an all-out trade war.

Pemex Expects To Post Primary Surplus In 2017 Despite Production Drop
Thursday, November 03, 2016 Pemex will post a primary surplus next year even as crude production continues to decline, the firm says.