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

Mexico beachfront real estate prices

Mexico Home Prices Jump Again in Early 2026

Mexico housing prices rose 8.7% in Q1 2026, with coastal and fast-growing states seeing some...
Guanajuato Fires Have Burned 11,500 Hectares in 2026

Guanajuato Fires Have Burned 11,500 Hectares in 2026

Guanajuato has recorded 11,543 burned hectares in 2026, with San Miguel de Allende among the...
Los Cabos colonias report two months without water

Cabo Water Shortages Spark New Frustration

Cabo San Lucas residents report long waits, low pressure and water service gaps as officials...
Playa del Carmen Warns Tourists Over Beach Shells

Playa del Carmen Warns Tourists Over Beach Shells

Playa del Carmen will add beach-access warnings after tourists were reported taking conch shells from...