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

Canadian Teen Killed in Puerto Vallarta Stabbing Case

A 19-year-old Canadian man was killed in Puerto Vallarta’s as Jalisco investigators review conflicting early...
Beach Erosion Closes Playa del Carmen Shore Access

Beach Erosion Closes Playa del Carmen Shore Access

Civil Protection closed beach access near It Beach Combo after erosion left waves hitting the...
Playa del Carmen’s Sargassum Fight May Get Costlier

Playa del Carmen’s Sargassum Fight May Get Costlier

Playa del Carmen may raise its environmental sanitation fund as heavier sargassum strains beach cleanup,...
Free Flamingo Documentary Screenings Come to Yucatán

Free Flamingo Documentary Screenings Come to Yucatán

Free screenings of a new flamingo documentary will run May 7–9 in Mérida, Celestún and...