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

Retro Disco Night Brings 80s Hits to Vallarta Park

Retro Disco Night Brings 80s Hits to Vallarta Park

Puerto Vallarta’s 80s and 90s Disco Night returns Sunday at Parque Lázaro Cárdenas, with local...
Olas Altas Beach stands under a red flag

Red Flag Warning Posted at Puerto Vallarta Beaches

Puerto Vallarta beachgoers face red and yellow flags as Civil Protection warns of dangerous sea...
LGBTQ+ groups celebrate Querétaro gender identity law

LGBTQ+ groups celebrate Querétaro gender identity law

Querétaro’s gender identity law gives trans and nonbinary adults a civil registry path to align...
Why Mexico’s Builders Raise Decorated Crosses May 3

Why Mexico’s Builders Raise Decorated Crosses May 3

Each May 3, Mexico’s builders place decorated crosses on construction sites to mark Día de...