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Genoil, Grupo Roales partner to develop oil projects in Mexico

Genoil, the publicly traded clean technology engineering company for the petroleum industry, and Grupo Roales Mexico, today announced that that they have formed a ten-year alliance and partnership agreement to jointly engage in bids and develop projects in Mexico.

Mexican protesters disable $400-million natural gas pipeline

A chunk of Sempra Energy’s natural gas pipeline sits in the dirt behind a community center in the village of Loma de Bacum in northwest Mexico.

Simmons Edeco to carry out onshore drilling campaign in Mexico

Simmons Edeco, a leading global oilfield service provider, announced that it has been awarded a contract by Weatherford de Mexico S. de R.L. de C.V., a subsidiary of Weatherford International, to provide drilling services to Canadian-based Renaissance Oil Corp. and its partner Lukoil, which are developing a diversified shale and mature fields portfolio in oil-rich Mexico.

Eni completes 2017 drilling campaign in Mexico's Area 1, increases estimate to 2 Bboe

Eni successfully drilled the Tecoalli 2 well, in the shallow waters of the Campeche Bay, offshore Mexico. Thanks to the results of this well and the revision of the reservoir models of Amoca and Miztón fields, the hydrocarbon in place estimate for Area 1 is boosted from 1.4 to 2.0 Bboe, of which approximately 90% oil and the remaining associated gas.

CGG releases multi-client airborne gravity, magnetic survey over Perdido Fold Belt, Mexico

CGG Multi-Physics has announced completion of the acquisition, processing and interpretation of a multi-client airborne gravity and magnetic survey of approximately 38,000 line km over the Perdido Fold Belt.

U.S. oil owes Mexico crude for success as tankers ferry both

U.S. crude may owe supply from Mexico for helping it capture a share of the world’s biggest oil market this year.

Pemex revolving door turns as CEO becomes finance minister

Like his predecessors, Jose Antonio Gonzalez Anaya didn’t last long as chief executive officer of Petroleos Mexicanos.

As oil prices rise, global majors eye Mexico's deep waters

As the price of oil rises, an international rush is on for Mexico’s untapped deepwater riches.

Mexico announces biggest onshore oil discovery in 15 years

Petroleos Mexicanos announced its biggest onshore discovery in 15 years, just three months after Mexico reported the first major find by private companies, bolstering the nation’s efforts to revive its oil industry.

Mexico outlay jumps 21% to $1.25 billion for biggest oil hedge

Mexico spent about 24 billion pesos ($1.25 billion) to lock in prices of oil exports for next year, or more than 21% what it paid to hedge crude a year ago, according to Finance Ministry data.

Could Mexico be the next Panama Canal for gas? Drillers think so

Since the first shale gas export terminal opened in Louisiana last year, America’s drillers have seen at least 75 cargoes of their fuel sail through the Panama Canal bound for markets in Asia.

Fugro awarded contract with Pemex for marine site investigation in Mexico

Fugro, in conjunction with long-time associates, Constructora Subacuática Diavaz, S.A. de C.V., has been awarded a large survey contract by Mexico's national oil company, Pemex.

Mexico says world's largest oil hedge has been completed

Mexico has completed its annual oil hedge for 2018, which will lock in an average export price of $46/bbl of crude, Deputy Finance Minister Vanessa Rubio said in an interview.

BHP Billiton seen gearing up to start drilling for oil in Mexico's deep waters

BHP Billiton Ltd. is getting closer to drilling its first oil wells in Mexico’s deep waters.

Eni successfully drills well offshore Mexico, upgrades resource potential to 1.4 Bboe

Eni successfully drilled the Miztón-2 well, in the shallow waters of Campeche bay, offshore Mexico, boosting the estimates of the resource in place for Contractual Area 1 to over 1.4 Bboe.

InterMoor moors first non-Pemex rig off Mexico’s coast

InterMoor, a leading provider of mooring services, foundation solutions, and offshore installations in subsea services group Acteon, has moored the first privately-operated rig in Mexico’s offshore waters since 1938.

BP supplies natural gas to Mexico under energy reform measures

BP Energía México, BP’s natural gas marketing and trading arm in Mexico, has started to deliver approximately 200,000 MMBtu a day of natural gas to Mexico, making BP one of the first private companies to supply natural gas to the domestic market under the country’s energy reform measures.

China's Cnooc in search of partner to develop Mexico's deepwater prospects

Cnooc Ltd. is searching for partners to develop oil prospects deep into the Gulf of Mexico as the Chinese giant extends its global reach.

Mexico seeks to add energy reform to Nafta, negotiators said to tackle labor and rules of origin

Officials from the U.S., Canada and Mexico will start to tackle some of the tougher issues in the North American Free Trade Agreement as they discuss labor, dispute resolution and rules of origin for products at a negotiating session in Mexico City, according to two people familiar with the schedule.

Harvey's wrath lays bare Mexico's U.S. natural gas addiction

Hurricane Harvey’s crushing blow to the U.S. energy industry reveals just how dependent Mexico has become on natural gas from its northern neighbor.