Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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

Festival of the Oceans Brings Free Events to Riviera Maya

Festival of the Oceans Brings Free Events to Riviera Maya

The 14th Festival of the Oceans returns May 30 to June 7 with free events...
Work halted at Boca de Tomatlán’s pier for safety review

Work halted at Boca de Tomatlán’s pier for safety review

Jalisco Civil Protection halted roof work at Boca de Tomatlán’s pier for safety review, but...
San Miguel de Allende joined Mexico’s first national emergency drill of 2026

San Miguel de Allende joined Mexico’s first national emergency drill of 2026

San Miguel de Allende joined Mexico’s first national emergency drill of 2026, with 147 sites...
Guanajuato reassures San Miguel toll road is on track

The Silao–San Miguel de Allende highway remains stalled

The Silao–San Miguel de Allende highway remains stalled as land talks and Semarnat approvals keep...