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

san miguel

US congressional delegation to visit San Miguel de Allende

Bipartisan American lawmakers led by Michael McCaul will stop in San Miguel de Allende amid...
Playa del Carmen Carnival 2026 free concerts announced

Playa del Carmen Carnival 2026 free concerts announced

Carnaval 2026 in Playa del Carmen runs Feb 11–17. Free Plaza 28 de Julio shows...
Top Chef Los Cabos returns Feb. 20 in San José del Cabo

Top Chef Los Cabos returns Feb. 20 in San José del Cabo

Top Chef Los Cabos 2026 is Feb. 20 at Jazmín’s in San José del Cabo,...
Mexican Navy in Puerto Vallarta removes one ton of waste from Boca de Tomates

Mexican Navy in Puerto Vallarta removes one ton of waste from Boca de Tomates

Mexico’s Navy says it removed 1,000 kg of plastic, glass, aluminum and fishing gear from...