Regional News: Latin America
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Consultancy: LatAm Attitude Shift Bodes Well for Upstream Investors
Friday, August 22, 2014 Two countries are at the leading edge of a new wave of upstream investment in Latin America, observes Wood Mackenzie.
Mexican Oil Company Pemex Launches Post-Reform Corporate Makeover
Thursday, August 21, 2014 Mexico's national oil company, Pemex, says it had begun a corporate restructuring following the approval earlier this month of a historic energy overhaul that ended Pemex's decades-long monopoly.
Mexico's Pemex Poised To Import Light Crude From US
Friday, August 15, 2014 Pemex is poised to abandon a decades-old devotion to self-sufficiency in crude oil, entering talks with US companies about importing light crude from its northern neighbor.
Mexico Hopes To Lure $50.5B In Historic Oil Tender
Wednesday, August 13, 2014 Mexico energy regulator says it will assign oil and gas E&P contracts to foreign and private companies between next May and September under a major sector overhaul.
Mexican President Signs Landmark Energy Legislation Into Law
Monday, August 11, 2014 President Enrique Pena Nieto signs a package of laws setting out the fine print of a landmark energy reform.
After Offshore Oil Failure, Cuba Shifts Energy Focus
Monday, August 11, 2014 Cuba has shifted its focus away from offshore oil, concentrating on renewable energy and improving output from onshore wells, industry sources say.
Industry Insiders: What's Next for Mexico's Reformed Energy Sector
Friday, August 08, 2014 The opening Mexico's energy sector to investment is a positive step. But will its implementation of reform be enough to attractive the investment it wants?
Mexico Senate Approves Final Bill To Open Energy Sector
Thursday, August 07, 2014 Mexican lawmakers give final approval to an overhaul of the state-run energy sector aimed at luring billions of dollars in new investments by foreign and private oil companies.
Mexico Congress Gives Final Approval To Core Of Energy Reform
Tuesday, August 05, 2014 Mexico's Senate gives final approval to the backbone of a landmark energy reform as the government prepares to lure investment by major oil companies to stem the country's declining oil production.
Bidding in Reformed Mexico Energy Sector Could Move Ahead of Schedule
Tuesday, August 05, 2014 Mexico's progress on developing secondary legislation that will shape reform of Mexico's energy sector is moving more quickly than expected, and could be ready by midweek, an analyst tells Rigzone.
MX Oil Establishes Mexican Exploration Joint Venture
Friday, August 01, 2014 MX Oil establishes a joint venture with Geo Estratos to explore for hydrocarbons in Mexico.
Mexican Lawmakers Approve Key Plank Of Energy Reform With Tweaks
Tuesday, July 29, 2014 Lawmakers in Mexico's lower house approve a key package of bills needed to implement a landmark energy overhaul.
Mexico's Pemex 2nd-Qtr Losses Widen to 52.2B Pesos
Friday, July 25, 2014 State-owned oil company Pemex reported a wider second quarter loss hurt by higher sales costs, declining asset values and higher taxes, the company said on Friday.