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Regional News: Latin America

 
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Mexico OKs 5 Shallow Water Areas In Round One Oil Tender Second Leg
Friday, February 27, 2015 Mexico has approved the auction terms for 5 shallow water areas containing around 355 MMboe as part of its Round One tender opening up oil fields to foreign investors.

RIH Raises Indirect Stake in Cory Moruga Block in Trinidad & Tobago
Tuesday, February 24, 2015 Rex International Holdings completes acquisition of Parex Resources, raising the firm's indirect working interest in the Cory Moruga Block in Trinidad & Tobago.

Trinidad, Venezuela Sign Deal For Natural Gas Exploration
Tuesday, February 24, 2015 Venezuela President Nicolas Maduro signs a deal with Trinidad & Tobago for joint exploration of natural gas in waters between both nations.

UT Jackson School of Geosciences Aims to Enhance Research in Mexico
Monday, February 23, 2015 UT Jackson School of Geosciences and UNAM agree to strengthen collaborations with each other to enhance research in energy, environment and sustainability in Mexico.

Mexico's Pemex Says Suspends Some Deep Water Exploration Projects
Wednesday, February 18, 2015 Pemex postpones some deep water exploration projects and says it will cut jobs as part of a raft of planned capital delays due to slumping crude prices.

  



Mexico Central Bank Cuts 2015, 2016 Growth Outlook On Oil Slump
Wednesday, February 18, 2015 Mexico's central bank revises down its growth outlook for this year and next after a sharp drop in oil prices spur budget cuts and dampen the outlook for an opening of the country's energy sector.

Mexico's Pemex Says Board Member Quits To Avoid Conflict Of Interest
Tuesday, February 17, 2015 A Pemex board member steps down amid growing calls for transparency following a wider conflict-of-interest scandal.

Mexico's Grupo Bal Launches Oil Firm To Tap Energy Reform
Wednesday, February 11, 2015 Grupo Bal, the owner of the world's largest silver producer, launches an oil company to take advantage of a landmark opening of Mexico's energy sector to private investment, a company spokesman says.

Kemp: Oil Price War Inflicts Collateral Damage in Latin America
Monday, February 09, 2015 Latin America's oil producers have become caught in the crossfire between OPEC and the North American shale drillers.

Mexico to Consider Changes to Pemex Regulatory System
Thursday, February 05, 2015 Mexico will review methods for addressing fraud and other issues brought to the attention of internal investigators at Pemex and could make changes to its control process across all government bodies, a government minister says.