Regional News: Latin America

 
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What Should Mexico Do to Ensure Future Bidding Success?
Thursday, July 30, 2015 A recent report by the Atlantic Council discusses Mexico's inaugural bid round and what the nation should do to ensure future successful bidding rounds.

Mexico To Postpone Deep Water Auction, Adjust Next Oil Tender Terms
Wednesday, July 29, 2015 Mexico will postpone auctions for deepwater oil exploration and production contracts and adjust the terms of upcoming tenders.

Mexico's Pemex Posts Wider 2Q Loss On Lower Prices, Output
Tuesday, July 28, 2015 Pemex reports a bigger second-quarter loss, weighed down by a nearly 10% slide in crude output.

After Deadly Blast, 2.7 Million Barrels of Pemex Oil Go Missing
Friday, July 24, 2015 Since a deadly blast on April 1 tore through one of Pemex's offshore platforms, the Mexican oil giant baffles industry analysts with its assessment of the damage.

Mexico's Pemex To Submit Rest Of Deep Water Tie-Up Requests In August
Friday, July 24, 2015 Pemex plans to submit the remaining requests for tie-ups with private companies in five deep water fields in the Gulf of Mexico in early August, a senior executive at the state-run oil company says.

  


Mexico's Pemex To Ship 6 Million Barrels Of Crude To Japan Refinery
Friday, July 24, 2015 Mexico's Pemex said it agrees to ship six million barrels of its light crude to Japan's largest refinery over the next six months, as the state-run oil company seeks to further develop its ties with Asia.

Size Matters as Big Oil Takes Pass on Mexican Oilfield Auction
Wednesday, July 15, 2015 ExxonMobil, Chevron and Total opted out of Mexico's historic oil auction because the fields are too small.

First Phase Of Historic Mexico Oil Auction Misses Expectations
Wednesday, July 15, 2015 Mexico auctions only two of 14 blocks in its initial offshore oil and gas tender, falling far short of the government's modest expectations.

Mexico Battles Bad Timing in 1st Sale of Oil Fields Since 1930s
Tuesday, July 14, 2015 Mexico waited 77 years to invite foreign oil producers back into its borders. That was one year too many.

Mexico's New Oil Era Is Here and Economic Legacy Is at Stake
Monday, July 13, 2015 Mexico's government is set to hold the first in a series of petroleum auctions that will help open the energy industry, bringing in an estimated $62.5 billion by 2018.

Mexico OK Awarding Just 30% Of 14 Round One Oil Tenders
Wednesday, July 08, 2015 Mexico's Energy Minister Pedro Joaquin Coldwell says that awarding just 30 to 50% of the 14 contracts up for tender as part of the first phase of a so-called Round One oil auction would be acceptable.

Four Firms Exit Initial Offshore Tender In Mexican Oil Opening
Monday, July 06, 2015 Four companies have bowed out of the initial installment of Mexico's so-called Round One oil auction, the first step in the country's historic sector opening, regulator CNH says.