Puerto Vallarta News

Puerto Vallarta 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

Protest blockade brings Puerto Vallarta traffic to a halt

Protesters blocked Francisco Medina Ascencio Blvd, paralyzing routes north of Puerto Vallarta as families demand...
Vallarta Nayarit Gastronómica 2025

Vallarta-Nayarit Gastronómica Hits New High, Sets 2026 Dates

Over 16,000 attendees flocked to Vallarta-Nayarit Gastronómica in 2025; now organizers are planning an even...
Night fire destroys La Palapita on Cancún’s Kabah Avenue

Night fire destroys La Palapita on Cancún’s Kabah Avenue

A pre-dawn fire tore through La Palapita on Cancún’s Kabah Avenue, causing heavy damage. Authorities...
San Miguel de Allende bus fares rise with new rules

San Miguel de Allende bus fares rise with new rules

San Miguel de Allende raised urban and suburban bus fares after the state gazette notice,...