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 Morning News Brief for March 10, 2029

Today’s Puerto Vallarta briefing: weather, public safety, infrastructure, and key events, with practical implications for...
Cancún leans on Spring Break and 2026 tourism plans

Cancún leans on Spring Break and 2026 tourism plans

Tourism leaders say Spring Break demand and 2026 planning are helping Cancún hold strong bookings...
Puerto Vallarta 5K brings 400-plus together for equality

Puerto Vallarta 5K brings 400-plus together for equality

Puerto Vallarta’s 8M equality run drew more than 400 participants, turning Women’s Day into a...

Jalisco pushes fresh air routes for Puerto Vallarta

Jalisco used Routes Americas 2026 to court more Puerto Vallarta flights, seeking new links and...