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

Cancún leans on Spring Break and 2026 tourism plans

Cancún leans on Spring Break and 2026 tourism plans

Tourism leaders say Spring Break demand and 2026 planning are helping Cancún hold strong bookings...
Puerto Vallarta 5K brings 400-plus together for equality

Puerto Vallarta 5K brings 400-plus together for equality

Puerto Vallarta’s 8M equality run drew more than 400 participants, turning Women’s Day into a...

Jalisco pushes fresh air routes for Puerto Vallarta

Jalisco used Routes Americas 2026 to court more Puerto Vallarta flights, seeking new links and...
Mexican peso strengthens

Peso Pulls Back After Brief Move Above 18 Per Dollar

The peso recovered some ground after briefly trading above 18 per dollar, as higher oil...