Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico Pushes Delays First Oil Tender Contract

Mexico's oil sector regulator, CNH, voted on Monday to push back the publication of the final production-sharing contract and bid terms for its initial shallow-water tenders to June 9.

The final contract and bid terms for the initial package of 14 shallow water exploration blocks that will kick off Mexico's historic oil sector opening were previously expected by Friday.

CNH President Juan Carlos Zepeda said the tweak to the previously announced timeline will allow more time for companies to offer comments and for the regulator to potentially approve additional modifications.

Comments on the draft contract and . . .

Read Full Story

Related Posts

Super El Niño Risk Raises Pacific Hurricane Concern

Super El Niño Risk Raises Pacific Hurricane Concern

UNAM warns a possible strong El Niño in 2026–2027 could deepen drought, fuel extreme rain,...
Recovered Maya Lintel Sparks Mexico-Guatemala Dispute

Recovered Maya Lintel Sparks Mexico Guatemala Dispute

A recovered Maya lintel in New York is now at the center of a Mexico...
Rocha Indictment Puts Sheinbaum in a Political Bind

Rocha Indictment Puts Sheinbaum in a Political Bind

A U.S. indictment accusing Sinaloa Gov. Rubén Rocha of cartel ties tests Mexico’s courts, sovereignty...
Acapulco Tianguis Ends With Billion Peso Tourism Boost

Acapulco Tianguis Ends With Billion Peso Tourism Boost

Tianguis Turístico closed in Acapulco with 64,000 meetings and more than 1 billion pesos in...