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

Quintana Roo earthquake

Recent Yucatán tremors raise new focus on the Ticul fault

Recent low-magnitude tremors in southern Yucatán may be linked to the Ticul fault, but experts...
BCS rent regulation

Cheap Rentals in Mexico Are Getting Harder to Find

Mexico’s rental market is split between costly online listings and cheaper informal options, making affordable...
Cancún’s Late April Culture Agenda Opens Citywide This Week

Cancún’s Late April Culture Agenda Opens Citywide This Week

Cancún’s late-April cultural agenda brings free music, theater, dance and literary events to venues across...

Foreign Residents Say Mexico Feels Safer Than Home

A new expat safety survey finds foreign residents in Mexico feel safer in their communities...