Puerto Vallarta News

Puerto Vallarta 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 . . .

Related Posts

Costa Azul lookout accident

Costa Azul lookout accident leaves car over cliff edge

A sedan skidded on a wet curve at the Costa Azul lookout in San José...
Los Cabos water crisis

Los Cabos water shortage still drags on as city grows

Los Cabos enters a second year of government still dragging a deep water shortage, clogged...
Anima Village

Crowds flood Anima Village Los Cabos on stormy debut

Ánima Village, a new open-air luxury plaza in Cabo del Sol, opened on a rainy...
Los Cabos World Cup 2026

Los Cabos World Cup 2026 wooing beach bound fans now

Los Cabos is betting on air links, digital tools and a new attraction catalog to...