Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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 Malecón Expansion Delayed to March 27

Puerto Vallarta Malecón Expansion Delayed to March 27

Puerto Vallarta’s Malecón expansion is now due March 27, with the formal opening pushed to...
puerto vallarta fires

Cabo Corrientes wildfire burns past 2,000 hectares

A major wildfire in Cabo Corrientes remained active after burning more than 2,000 hectares, with...
INAH tightens equinox rules at Mexico archaeological sites

Spring equinox visits to Mexico ruins face limits

Mexico’s spring equinox weekend will bring tighter access rules, heavier crowds and stricter controls at...
Five Dead After Dos Bocas Refinery Fire in Tabasco

Dos Bocas Fire Puts Refinery Safety Back Under Scrutiny After 5 Killed

The deadly Dos Bocas fire is raising wider questions about safety, oversight, and risk at...