Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Pemex says discovers six new crude deposits in Gulf of Mexico

Mexico's state oil company Pemex said on Tuesday it had discovered six new deposits in the Gulf of Mexico, two of super light crude in deep waters, and four of light crude in shallow waters.

Pemex, which has been struggling with declining output for over a decade, also plans to drill 30 exploratory wells in 2017, it said in a statement.

A Pemex spokesman said the discoveries were a made couple of months ago, but were not announced immediately in order to quantify the reserves and guarantee . . .

Read Full Story

Related Posts

Puerto Vallarta’s Folkloric Dance Festival Turns 20

Puerto Vallarta’s New Pitch Goes Beyond the Beach

Puerto Vallarta is using restaurants, tourism standards, and folklore events to sell a broader identity...

Puerto Vallarta elevates its standing with awards for high quality and top-tier gastronomy

Jalisco awarded 60 tourism certifications to businesses in Puerto Vallarta, Mascota and La Huerta, strengthening...
Restaurant Week 2026 Returns With 51 Bay Restaurants

Restaurant Week 2026 Returns to Puerto Vallarta with 51 Restaurants

Restaurant Week 2026 returns May 15 to June 10 with 51 restaurants offering fixed-price menus...
Vallarta residents threaten to dump trash at City Hall

Vallarta Trash Pickup Set to Normalize in 48 Hours

Puerto Vallarta says trash collection should return to normal within 48 hours after weeks of...