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Mexico expects four more oil auctions before by end of 2018

Reuters MARKET NEWS | Thu Jul 6, 2017 | 8:26pm EDT “Mexico expects to launch four more oil and gas auctions before the current president’s term concludes in November 2018, Energy Minister Pedro Joaquin Coldwell said at a conference on Thursday.” “The government had previously said three more tenders were planned, but Coldwell said a fourth […]

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Union Pacific CEO Sees Growth With Mexico

Bloomberg / By Thomas Black 28 de junio de 2017 12:57 GMT-5 “Union Pacific Corp. sees Mexico trade as a bright spot for its rail freight growth despite tough trade talk from President Donald Trump, said Chief Executive Officer Lance Fritz.Shipments between Mexico and the U.S. have been expanding as much as 6 percent annually over the last […]

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IFR Joint Venture Tonalli Energia Qualifies for Upcoming Mexican Onshore Bid Round 2.3

Stockhouse | V.IFR | CALGARY, Alberta, June 26, 2017 (GLOBE NEWSWIRE) “International Frontier Resources Corporation (“IFR” or the “Company”) (TSX-V:IFR) (OTCQB:IFRTF) today announced that its jointly owned Mexican company Tonalli Energia (“Tonalli”) has been named by Mexico’s energy regulator, the National Hydrocarbons Commission (CNH), as one of 12 companies and seven consortiums to qualify to bid on […]

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OPEC Deepens Oil Cuts as U.S. Shale Comes Back

Bloomberg / By Brian Wingfield and Samuel Dodge / June 19, 2017  “The most globalized effort to cut oil production in history is proving increasingly successful. Now Iraq and Kazakhstan just need to do their bit. OPEC curbed output as promised in May, even though Iraq, the group’s second largest producer, hasn’t complied with the agreement this […]

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American energy firms are enjoying a bonanza south of the border

Jun 15th 2017| KU-MALOOB-ZAAP| The Economist “A CHEMICAL engineer at Pemex, Mexico’s state-owned oil company, opens a tap atop a maritime platform in this offshore oilfield in the southern part of the Gulf of Mexico. She decants a jar of heavy Mexican crude that comes, hot to the touch, from 3,500 metres below the seabed. It […]

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Mexico Said to Take First Steps in Annual Oil Hedging Program

by Nacha Cattan and Javier Blas / 9 de junio de 2017 11:23 GMT-5 “Mexico said to ask banks for options quotes to fix 2018 prices “Mexico annual sovereign hedge is Wall Street largest oil deal “Mexico has taken the first step in its annual oil hedging program, asking Wall Street banks for price quotes […]

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Repsol Said to Mull Entry Into Mexico’s Newly Opened Fuel Market

by Amy Stillman, Rodrigo Orihuela, and Adam Williams / 7 de junio de 2017 12:43 GMT-5 7 de junio de 2017 23:01 GMT-5 Company is conducting market study; has met with regulators Spanish firm could make a decision as soon as next month “Repsol SA, Spain’s biggest oil company, is studying Mexico’s nascent fuel market as it considers whether […]

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Interest In Mexico’s Offshore Blocks Is Surging

By Oil & Gas 360 – Jun 03, 2017, 12:00 PM CDT The Comisión Nacional de Hidrocarburos (CNH), which will conduct the lease sale, has listed a total of 25 groups that have successfully pre-qualified for the Round 2.1 sale. As might be expected, supermajors are prominent among the companies involved. Chevron (ticker: CVX), ConocoPhillips […]

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OPEC’s LNG giant keeps exposing gas and oil as saudis cut ties

From Bloomberg, by Mohammed Sergie,Tsuyoshi Inajima, and Anthony Dipaola 2017 M06 5 05:06 GMT-5 “Qatar, the world’s biggest seller of liquefied natural gas, can still access shipping routes to deliver oil and gas to buyers after Saudi Arabia and other neighboring states barred the emirate from exporting through their territorial waters.” “State producer Qatargas told Japan’s Jera Co. […]

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