Puerto Vallarta News

Puerto Vallarta 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

Related Posts

playa del carmen christmas parade

Playa del Carmen Christmas Parade Lights Up Fifth Ave

Fifth Avenue became a holiday street party as Playa del Carmen’s Grand Christmas Parade capped...
Los Cabos hotel occupancy

Los Cabos hotel occupancy nears 90% this holiday season

Los Cabos hotels are near 90% occupancy in late December, and industry forecasts put 2025’s...
San Miguel holiday dinners

San Miguel holiday dinners for Christmas and New Year

Where to join San Miguel’s posadas, book a standout Christmas Eve dinner, and toast 2026...
Rio Sonora spill

Rio Sonora spill groups take their fight to the EU

Rio Sonora spill survivors are pushing the EU for pressure, health care and clean water,...