Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico Begins Oil Contract Review

Mexico Begins Oil Contract Review

Mexico’s elected government has stayed true to President-elect’s campaign promise to review all oil contracts sealed by the previous administration and has started the review process for a contract with a consortium led by U.S. Talos Energy, Reuters reports .Talos Energy holds 45 percent in the venture, which also involves Premier Oil with 10 percent and Mexican independent Sierra Oil & Gas, with 45 percent. The chief executive of the Mexican company welcomed the review.“They should check everything,” Ivan Sandrea told Reuters. “Along with the entire industry . . .

Read Full Story

Related Posts

Cancun car-free Sundays draw crowds on the waterfront

Cancun car-free Sundays draw crowds on the waterfront

Cancún’s weekly Paseo Cancunense turned Bonampak and Malecón Tajamar into a car-free route for walking,...
Mexico Power Shortages Are Already Delaying Projects

Mexico Power Shortages Are Already Delaying Projects

Electricity shortages are slowing factories, housing and city growth in Mexico, even as investment plans...
How a CJNG Arrest Reached El Mencho’s Inner Circle

How a CJNG Arrest Reached El Mencho’s Inner Circle

Federal forces arrested a man they say helped move El Mencho’s partner, shedding new light...
Baja coastal project approved after earlier shutdowns

Baja coastal project approved after earlier shutdowns

Semarnat cleared an Ensenada beachfront project after prior closures, reviving questions about permits, enforcement and...