Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

In Mexico's shale patch, cartel violence scares off drillers

In Mexico’s shale patch, cartel violence scares off drillers

REYNOSA, Mexico (Reuters) - The oil and gas fracking boom has lured scores of drillers to the Eagle Ford region of South Texas, the second largest U.S. oil patch, as new production technology opened access to billions more barrels. FILE PHOTO: Soldiers keep guard a gas facility of Pemex in Reynosa September 18, 2012. REUTERS/Daniel Becerril/File PhotoThe play extends across the Mexican border, where its name changes to the Burgos Basin – an equally fertile shale region where the oil and gas sit mostly idle underground in a region terrorized by criminal gangs.The violence . . .

Read Full Story

Related Posts

Mexico moves to reassure travelers with fast-response tourism campaign after security concerns

Mexico moves to reassure travelers with fast-response tourism campaign after security concerns

Mexico is targeting U.S. and Canadian travelers with a fast-response tourism campaign after security concerns...
German diver rescued after emergency near Cabo Arch

German diver rescued after emergency near Cabo Arch

Navy crews rescued and stabilized a 55-year-old German diver after a suspected pulmonary emergency near...
Puerto Vallarta Says Hotel Bookings Hold Steady

Puerto Vallarta Says Hotel Bookings Hold Steady

Puerto Vallarta says hotel cancellations have not surged after February violence, though short-term rentals slipped...
Oil, gas and the dollar rise as volatility returns

Peso slips as oil and dollar rise on conflict signals

Oil and gas climbed and the dollar strengthened as Middle East headlines revived risk-off trading,...