Puerto Vallarta News

Puerto Vallarta News

Mexico to Start Oil Auctions in Early 2015

The Mexican government expects to hold the first auctions of oil fields for private investors in the first half of 2015, officials said.

High-level officials met with foreign correspondents on Tuesday to discuss the implementing regulations for the constitutional reforms approved last December to overhaul the energy industry.

Congress plans to review the laws to implement the reforms next month and “round one” of bidding is expected to take place in the first half of next year, Energy Undersecretary for Hydrocarbons Lourdes Melgar said.

State-owned oil giant Petroleos Mexicanos, or Pemex, is expected to identify the areas it . . .

Read Full Story

Related Posts

puerto vallarta tiger

Tiger Seized in Puerto Vallarta Raid, Foreigner Arrested

Authorities in Puerto Vallarta seized a young tigress and arrested a foreigner man after a...
earthquake alerts mexico

Puerto Vallarta’s Quake Alarm Sounds for Oaxaca 5.7 Earthquake

A magnitude 5.7 earthquake in Oaxaca triggered seismic alarms in Puerto Vallarta on Sunday afternoon,...
Quintana Roo earthquake

Earthquake triggers alarms in Puerto Vallarta

A reported earthquake today set off an alarm in Puerto Vallarta. No shaking or damage...
san miguel

US congressional delegation to visit San Miguel de Allende

Bipartisan American lawmakers led by Michael McCaul will stop in San Miguel de Allende amid...