Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

For a Sustained Growth in Oil Production Mexico’s New Government Will Need to Resume Bidding Rounds Sooner Rather Than Later

For a Sustained Growth in Oil Production Mexico’s New Government Will Need to Resume Bidding Rounds Sooner Rather Than Later

Following recent statements by Fluvio Ruiz Alarcon, a current advisor to Mexico's president-elect Lopez Obrador team and former Pemex board member, Adrian Lara, Senior Oil and Gas Analyst at GlobalData , a leading data and analytics company, offers his view on the impact on the upstream sector: “Maintaining and resuming soon CNH's upstream bidding rounds should be a pragmatic move for the new government. Pemex can directly award drilling contracts for onshore and shallow water, as promised recently by Lopez Obrador to service companies, but even if this is successful in increasing domestic production . . .

Read Full Story

Related Posts

cleanup puerto vallarta

Photo Gallery – Puerto Vallarta Cleanup Begins as Normal Life Returns

This story follows the recovery shift—what is being cleaned, what is reopening, and what the...
Cabo San Lucas launches its first citywide dog walk

Cabo San Lucas launches its first citywide dog walk

Families joined Cabo San Lucas’ first municipal dog walk, donating pet supplies and hearing reminders...
San Miguel de Allende marks Mexico’s Flag Day with a civic ceremony

San Miguel marks Mexico Flag Day with official honors

San Miguel de Allende held a Flag Day flag-raising with police, schools and municipal staff,...
18 people arrested for looting convenience stores in Puerto Vallarta

18 arrested after convenience store looting in Vallarta

Police say 18 people, including minors, were arrested after overnight looting at Puerto Vallarta convenience...