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Investment News in Mexico

Pemex & Its Subsidiary Companies Presents Its Business Plan 2019-2023
7/16/2019 - In the presence of the president of Mexico, Andres Manuel Lopez Obrador, the chief executive officer of Petr?leos Mexicanos, Octavio Romero Oropeza, presented Pemex’s Business Plan for the years 2019-...
Pemex Partners to Invest $250m in Two Onshore Blocks in Mexico
3/6/2019 - Two private partners of Mexico’s state-run oil company Pemex will invest a combined $250 million in two projects over the next four years as they aim to quickly ramp up crude output, according to plan...
BHP Approves Funding for Atlantis Phase 3 Project & Trion Field Appraisal in Mexico
2/13/2019 - BHP has approved US$696 million (BHP share) in funding to develop the Atlantis Phase 3 project in the US Gulf of Mexico. This follows sanction by BP, as the Operator, of the Atlantis Phase 3 project, ...
Mexico's IEnova Will Invest $800M in 2017
1/16/2017 - Mexican energy infrastructure firm IEnova, a unit of U.S.-based Sempra Energy, will invest $800 million this year on eight projects, the company's chief executive said. ...
Pacific Headway in Liberalizing Mexico Offshore Oil & Gas Market
12/22/2016 - Pacific Radiance Ltd. (Pacific Radiance or the Group), a provider of integrated offshore marine support services, is making further headway in the fast liberalising Mexican offshore oil & gas (O&G) m...
Pemex Presents Its Business Plan 2016-2021
11/3/2016 - Petroleos Mexicanos introduced its Business Plan 2016-2021. This Plan sets out the actions that will allow the productive state enterprise achieve primary surplus next year and achieve financial balan...
Mexico's PEMEX Chief Says Debt Level is Not Sustainable
2/23/2016 - Mexico's state-run oil company PEMEX is working on solutions to reduce debts owed to service providers and is also open to cutting its workforce if necessary to adjust to a lower price environment, th...
Huge Investments in Mexico Oil & Gas Industry
Huge Investments in Mexico Oil & Gas Industry 12/16/2015 - In 2015 and in the presence of the President, Enrique Pena Nieto, Pemex announced projects representing a total investment of 23 billion dollars that will generate more than 60,000 direct jobs. At the...
Pemex Invests Projects with $23b
12/8/2015 - In the presence of the President, Enrique Pena Nieto, Petroleos Mexicanos announced projects representing a total investment of 23 billion dollars that will generate more than 60,000 direct jobs. ...
Mexico to Postpone Deepwater Auction, Adjust Next Oil Tender Terms
7/29/2015 - Mexico, which has started to open its nationalized oil industry to additional private investment, will postpone auctions for deep-water oil exploration and production contracts and adjust the terms of...
Shell Takes FID for the Appomattox Deep-Water Development in GOM
7/1/2015 - Royal Dutch Shell plc (Shell) announces the final investment decision (FID) to advance the Appomattox deep-water development in the Gulf of Mexico. This decision authorises the construction and instal...
Pemex & First Reserve Provides Substantial $1b Cooperation Agreement
4/7/2015 - Petroleos Mexicanos and First Reserve, the largest global private equity and infrastructure investment firm exclusively focused on energy, announced a US$1 billion agreement to mutually invest in ener...
Mexico's Pemex inks $10 bln credit line with China's ICBC for oil projects
11/13/2014 - Mexico's state-owned oil company Pemex has inked an initial line of credit for exploration and production projects as well as offshore acquisitions with Chinese bank ICBC, the company said in a statem...
ALFA Will Seek Shareholder Approval for a Potential Capital Increase
10/20/2014 - ALFA, S.A.B. de C.V., one of Mexico’s leading diversified industrial and energy companies, announced it has called a General Extraordinary Shareholders’ Meeting to approve a potential capital increase...
Mexico to Merge Tenders and Joint Venture for Oil Opening
9/26/2014 - Mexico will seek joint ventures for state oil company Pemex at the same time it invites bidding from companies on oil fields during a historic opening of the industry to private investment, the govern...
Mexico's Round Zero and Round One Oil Projects
8/14/2014 - Mexico's energy ministry announced that the country expects to attract $50.5 billion in new private and foreign investment by 2018 as part of a historic oil sector opening next year that will begin wi...
President Signs Mexican Energy Reform Legislation
8/11/2014 - MX Oil plc, is pleased to note that President Enrique Pena Nieto has approved legislation required to reopen Mexico's vast energy industry to the private sector. This follows approval by both the Lowe...
Mexico to Accelerate Deals with Big Oil Firm
8/7/2014 - After a months-long delay in passage of a landmark overhaul of Mexico's state-run energy sector, the government now plans to accelerate the timetable for inking joint ventures with private oil firms t...
Mexico Senate Approved Final Changes to Energy Reform
8/5/2014 - Mexico's Senate gave final approval to the backbone of a landmark energy reform as the government prepares to lure investment by major oil companies to stem the country's declining oil production. ...
Joint Venture Secured with Geo Estratos Joint Venture Secured with Geo Estratos
8/1/2014 - MX Oil plc is pleased to provide an update on its activities in line with the Company's strategy to explore investment opportunities in Mexico's energy industry, which is being reopened to the private...

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