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

guadalajara storm

Guadalajara storm fells trees and damages vehicles

A late-day storm in Guadalajara knocked down trees, damaged vehicles in Oblatos, and raised fresh...
Mexico City World Cup doubts grow after test match

Mexico City World Cup doubts grow after test match

PAN lawmakers say problems exposed during the Mexico-Portugal test show Mexico City still has work...
Puerto Vallarta police face torture recommendation

Puerto Vallarta police face torture recommendation

Jalisco rights commission says Puerto Vallarta police tortured and arbitrarily detained a person, pressuring city...
Mexican peso weakens

Mexican Peso Holds Near 18.10 as Pressures Persist

The peso opened the week near 18.10 per dollar, but inflation, rate cuts and global...