Too much fanfare and accompanied by voluminous industry coverage, Mexico recently concluded Round 1.4, the country’s first ever deepwater licensing round. However, Mexico’s shallow waters may yet have a future too: Bay of Campeche reserves…

When it comes to NAFTA and energy, there is no doubt that Mexico gets the better end of the deal with a series of special carve outs for its national industry. The result has been an unbalanced, incongruous relationship between the United States,…

Energy trade between Mexico and the U.S. has historically been driven by Mexico’s sales of crude oil to the U.S. and by U.S. net exports of refined petroleum products to Mexico. The value balance has now tipped in favor of the U.S. Through…

An oil spill at an Exxon Mobil platform in the Bass Strait is being investigated by the federal regulator, after the discovery of an oily sheen on waters around the rig. The spill comes less than 18 months after a fire raged on the same platform for…