Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico to Auction Off 29 Oil-Producing Areas in 5 States

Details of the third phase of the Round One oil and gas offerings will be released next week, with 29 onshore areas in five states to be auctioned off, the Mexican Energy Secretariat said.

The auction rules for the areas in Chiapas, Nuevo Leon, Tabasco, Tamaulipas and Veracruz states will be made public on May 12, the secretariat said in a statement.

Contracts covering the areas included in the third phase of the auction process will be awarded in November.

The auction provides an "opportunity for Mexican companies, both existing and newly created ones, to operate in fields of this . . .

Read Full Story

Not ready to subscribe? Join the free Vallarta Daily Brief for local headlines, practical updates, and occasional free guides. Join Newsletter

Related Posts

Mexico Presses U.S. on 269 Stalled Extradition Cases

Mexico Presses U.S. on 269 Stalled Extradition Cases

Mexico’s complaint over 269 extradition requests puts a legal dispute back at the center of...
Royal Caribbean Mahahual Plan Clears Key Court Hurdle

Semarnat Blocks Royal Caribbean Project in Mahahual

Mexico’s environmental authority has moved against Royal Caribbean’s proposed Perfect Day project in Mahahual, turning...
Arrest warrants reported against Playa Las Cocinas defenders

Arrest warrants reported against Playa Las Cocinas defenders

Nayarit prosecutors reportedly obtained arrest warrants against Playa Las Cocinas defenders as lawyers sought amparo...
puerto vallarta earthquake

Magnitude 4.0 Quake Shakes Puerto Vallarta Tuesday

A magnitude 4.0 earthquake was recorded southwest of Puerto Vallarta Tuesday, with officials monitoring.