Industry Headlines News for Latin America

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Mexico's Pemex Makes Biggest Onshore Oil Find in 15 Years - President
Friday, November 03, 2017 Pemex has made its biggest onshore oil discovery in 15 years with a find in the eastern state of Veracruz, President Enrique Pena Nieto said.

Brazil vs Mexico: Latin America's Fight For Big Oil's Money
Thursday, October 26, 2017 Brazil and Mexico are competing for a diminishing resource: the investment dollars of oil majors.

Mexico Expects To Hold A Third Oil And Gas Auction In 2018
Thursday, October 19, 2017 Mexico's oil regulator will likely add another oil auction featuring conventional onshore oil and gas blocks, a senior official says.

Mexico Oil Sector Accidents Raise Doubts About Deep Water Exploration
Monday, June 19, 2017 As Mexico opens its energy market to more private investment, the country's drive to exploit untapped deepwater oil riches has raised safety concerns.

Woodmac: Only the 'Very Best' Projects Sanctioned
Monday, June 19, 2017 Only the very best deepwater projects have been sanctioned during the oil price downturn, which speaks volumes of the Liza field's potential.

Politics Won't Slow Mexico As It Barrels Toward Free Market Energy Economy
Wednesday, May 24, 2017 Oil and gas officials tell Mexico Gas Summit in San Antonio audience that 2018's post-election government may accelerate energy reforms intended to open the nation to more foreign investment.

Exxon, Petrobras Said to Hold Talks on Wide-Ranging Partnership
Tuesday, May 09, 2017 Such a deal could give Exxon access to oil fields and infrastructure in Brazil while state-controlled Petroleo Brasileiro SA could gain from Exxon’s expertise in production, refining and distribution, according to Bloomberg's sources.

Exclusive: McDermott to Double Headcount in Mexico by Year-End
Friday, May 05, 2017 Mexico's energy reforms drive oil and gas growth, positioning McDermott International to increase its workforce there to 2,000 employees by the end of 2017.

Energy Dep Sec: Mexico's Oil, Gas Industry Open For Business
Monday, May 01, 2017 By the end of the year, Mexico's upstream, midstream and downstream sectors will all be open for investment, the nation's deputy energy secretary says during OTC 2017.

CERAWeek: Mexico Eyes US Market For Trion Project's Crude, Natural Gas
Thursday, March 09, 2017 A pipeline network with spare capacity could allow Mexico to export oil and gas from its flagship offshore Trion project to the United States, the head of Mexico's oil regulator says.

Mexico's Pemex Sharply Reduces Losses as Oil Prices Rise
Monday, February 27, 2017 Mexican state-owned oil company Pemex reported a much smaller fourth-quarter loss, due in large part to higher crude prices.

What's Next for Mexico's Energy Sector?
Thursday, January 12, 2017 Rigzone examines the possible long-term outlook for Mexico's energy sector.