Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico announces its biggest oil discovery in three decades

Mexico said Friday that it has made the biggest oil discovery in the country since 1987 at the Quesqui field in the Gulf coast state of Tabasco.

Pemex said it first discovered the field in Tabasco state in May, before beginning studies to evaluate its viability. The site, called Quesqui, is a so-called 3P reserve, made up of deposits considered proven, probable and possible.

“With the analysis of information provided by this well and seismic data in the area, we can confirm today the existence of a giant deposit equivalent to 500 million barrels of crude oil in a . . .

Read Full Story

Related Posts

Magnicharters Suspension Pushes Sectur Into Action

Magnicharters Suspension Pushes Sectur Into Action

Sectur is coordinating rebooking options and Profeco complaint channels after Magnicharters suspended flights, affecting travelers...
Mexico’s Real Estate Tech Race Gets a Bigger Startup Push

Mexico’s Real Estate Tech Race Gets a Bigger Startup Push

Startup México and PropTech Latam launched an alliance to back real estate tech ventures, starting...
Culiacán ranch becomes symbol of Sinaloa Cartel fracture and Rocha case

Culiacán ranch becomes symbol of Sinaloa Cartel fracture and Rocha case

A Culiacán ranch tied to El Mayo Zambada’s abduction now sits at the center of...
FIFA reveals Mexico opening ceremony artists

FIFA reveals Mexico opening ceremony artists

FIFA confirmed the artists and cultural plan for Mexico’s World Cup opening ceremony before Mexico...