WorldOil Shell moving ahead in Mexico deepwater, with production to wait for a new government Shell is pushing ahead on its massive deep-water drilling plan in Mexico, even as it doesn’t foresee production starting under the current government. Ownership battle for Mexico’s Zama field crimps Premier Oil’s sale plans The sale of a stake in Mexico’s giant Zama oil field promised to help Premier Oil pay down debts and strengthen its balance sheet, but an ownership conflict is complicating that process. Mexico to continue world’s largest oil hedge for 2021 Mexico plans to lock in prices for the country’s crude output for next year, continuing the world’s largest sovereign oil hedge, Finance Minister Arturo Herrera said. Pemex rejects Talos claim to majority of 670 MMboe Zama field Mexico’s government-owned oil company just laid claim to most of the country’s biggest private discovery, putting it on a collision course with the U.S. firm that made the find five years ago. Investors wary as AMLO slowly dismantles Mexican energy reforms Andres Manuel Lopez Obrador, who swept into power in Mexico after promising big changes in the country’s energy markets, has been careful not to spook investors by canceling past reforms outright. Mexico makes oil hedge data a state secret to thwart speculators Mexico has made key data on its sovereign oil hedge a state secret to shield the information from speculators and prevent cost increases, according to official documents seen by Bloomberg. Mexico’s president nixes oil auctions, plans to review green energy subsidies Mexican President Andres Manuel Lopez Obrador said officials would announce a plan by mid-February that would make clear how private companies could participate in the nation’s energy sector. Mexico hedges 2020 crude oil exports at $49 per barrel Mexico’s government hedged oil exports for this year at an average $49 a barrel, locking in protection against low crude prices, the nation’s Finance Ministry said. Pemex’s plan to speed up drilling leads to re-bids for priority fields A drive to drill new wells at 20 “priority” fields in Mexico largely using smaller, local service providers is faltering, with Pemex expected to re-bid some of the work in the year ahead. Mexico’s giant oil find is no miracle cure for ailing Pemex Even as Mexico’s president and Pemex’s CEO touted the country’s most important find in three decades, it appears to be far from a panacea for the beleaguered state driller.