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

Mérida Rushes Drainage Repairs Before Heavy Rains Hit

Mérida Rushes Drainage Repairs Before Heavy Rains Hit

Mérida says drain cleaning, well desilting and street repairs are underway to reduce flooding risks...
Amado Nervo Bridge is nearly 70% complete

Amado Nervo Bridge is nearly 70% complete

The Amado Nervo Bridge is nearly 70% complete and could cut trips between Puerto Vallarta...
Cozumel Marine Park Expansion Protects More Coastline

Cozumel Marine Park Expansion Protects More Coastline

A federal decree places 1.1 million square meters of Cozumel coast and reef under CONANP...
Los Cabos International Airport Is Soaring in 2025

Los Cabos Tourism Holds Steady Despite Travel Worries

Los Cabos says U.S. and Canadian travel remains stable, with Q1 airport traffic down 2.5%...