Javier Lopez de Obeso, an international business attorney and Mexico Energy lawyer licensed in Mexico, recently published an article titled “The Shortage of Fuels in Mexico – Managing Crisis and Compliance” in Risk & Compliance, an e-magazine dedicated to the latest developments in corporate risk management and regulatory compliance. Published quarterly by Financier Worldwide, Risk & Compliance draws on the experience and expertise of leading experts...
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Reuters publishes that two private partners of Mexico’s state-run oil company Pemex will invest a combined amount of $250 million in two projects over the next four years as they aim to quickly ramp up crude output, according to plans approved by the National Hydrocarbons Commission. These investments may generate business opportunities to the oil services companies. You can find the article here. Javier López...
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Reuters publica que dos socios privados de la empresa productiva del estado mexicano, PEMEX, invertirán durante los próximos cuatro años hasta $250 millones de dólares en dos proyectos con el fin de aumentar la producción de crudo nacional, conforme a los planes aprobados por la Comisión Nacional de Hidrocarburos. Estas inversiones seguramente generarán oportunidades de negocio para las empresas de servicios petroleros. Puedes encontrar el...
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Mexico’s oil regulator, National Hydrocarbons Commission (Comisión Nacional de Hidrocarburos “CNH”), has announced the second open bid process of Round 2. Round 2.2 includes 12 onshore oil and gas fields with prospective resources of approximately 643.2 million barrels of crude equivalent. Nine of the 12 blocks are located in the Burgos Basin in northern Tamaulipas and northern Nuevo León, and some of those fields are...
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January 7, 2016 On December 18, 2015, President Obama signed the Consolidated Appropriations Act of 2016 (H.R.2029.ENR) which lifts a long-standing ban on the export of crude oil from the United States, effective immediately. The repealed ban will affect energy markets in the United States, Mexico, and other international regions. For example, a study by Rice University, published in March 2015, indicates the repeal of...
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