Puerto Vallarta News

Puerto Vallarta News

Pemex sees oil output boost from looming joint ventures

Mexican state oil company Pemex expects to boost crude output over the next few years with a handful of joint ventures that will focus on onshore and offshore fields, a company official said, outlining areas it will seek to develop with outside producers.

New production from the future joint ventures, or farm outs, is forecast to add about 400,000 barrels in new daily crude output and bring the company's total to about 2.5 million barrels per day (bpd) in 2022, according to a presentation to investors published earlier this year.

Pemex's press office said this week . . .

Read Full Story

Related Posts

US military aircraft in Toluca sparks sovereignty debate

US military aircraft in Toluca sparks sovereignty debate

Mexico says a U.S. C-130 landing in Toluca was a preapproved logistics run to take...
measles jalisco

Measles reaches all 32 Mexican states as Puebla confirms first case

Puebla’s first measles case puts all 32 states on the outbreak map. Check your vaccine...
The climate price bats pay as heat and drought rise

The climate price bats pay as heat and drought rise

Heatwaves and drought are pushing bats past their limits, threatening pollination and natural insect control...
Playa del Carmen’s dining boom rides high-season tourism

Playa del Carmen’s dining boom rides high-season tourism

Playa del Carmen is seeing a strong early 2026 as high-season tourism fills restaurants and...