Puerto Vallarta News

Puerto Vallarta 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

the real mexico

If you love Mexico, don’t romanticize it. Respect it.

This opinion piece critiques romantic expat content about Mexico and calls for honesty about privilege,...
Mexico New Year rituals

Mexico New Year rituals with grapes and suitcases tonight

Mexico New Year rituals mix 12 grapes, suitcase runs, sweeping, and color-coded underwear—superstition that doubles...
territorial security approach

Territorial security approach in Mexico meets adaptive cartels

Mexico’s territorial security approach can calm hotspots, but cartels adapt fast, shifting violence and extortion...
Order Food in Mexico

Order Food in Mexico Without Sounding Like a Tourist

Use small, polite Spanish phrases, steady rhythm, and the right “por favor” to order smoothly...