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

Related Posts

What Mexico’s World Cup Will Test Beyond Its Stadiums

What Mexico’s World Cup Will Test Beyond Its Stadiums

Mexico’s World Cup will test streets, transit, policing, vendors, public viewing, and whether the gains...
Why Mexico City Shakes and Sinks at the Same Time

Why Mexico City Shakes and Sinks at the Same Time

Mexico City faces two linked risks: earthquakes amplified by soft soil and sinking ground driven...
Can Plan México Bring Investment Without Losing Control

Can Plan México Bring Investment Without Losing Control

Plan México fast-tracks strategic projects while using state planning, procurement and infrastructure to steer private...

Christian Mobile Network Eyes Mexico With LGBT Blocks

Radiant Mobile plans a Christian phone service that blocks LGBT and gender content, with Mexico...