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

Cancún leans on Spring Break and 2026 tourism plans

Cancún leans on Spring Break and 2026 tourism plans

Tourism leaders say Spring Break demand and 2026 planning are helping Cancún hold strong bookings...
Puerto Vallarta 5K brings 400-plus together for equality

Puerto Vallarta 5K brings 400-plus together for equality

Puerto Vallarta’s 8M equality run drew more than 400 participants, turning Women’s Day into a...

Jalisco pushes fresh air routes for Puerto Vallarta

Jalisco used Routes Americas 2026 to court more Puerto Vallarta flights, seeking new links and...
Mexican peso strengthens

Peso Pulls Back After Brief Move Above 18 Per Dollar

The peso recovered some ground after briefly trading above 18 per dollar, as higher oil...