Investment News in Mexico

Mexico's Pemex Prepares to Sell 9 pct Repsol Stake
5/5/2014 - Mexican state-run oil company Pemex has hired Credit Agricole to sell its stake of just over 9 percent in Spanish oil major Repsol , Spanish online newspaper El Confidencial reported, citing financial...
Mexico Seeks Quick Investment with Energy Reform Rules
4/30/2014 - Mexico will force investors in its oil and gas industry to use a certain amount of labor and materials from Mexican firms but will give them a decade to comply with the rules, the government said. ...
The Government Expected to Present Long-Awaited Energy Laws
4/29/2014 - Mexico's government is expected to present long-awaited legislation to flesh out an energy reform that is the central pillar of President Enrique Pena Nieto's plan to ramp up growth in Latin America's...
Mexico National Content Debate Risks Turning Off Oil Majors
4/1/2014 - Mexico is considering rigid rules that would ensure a hefty cut of the spoils of a landmark energy overhaul go to Mexican firms, but that could jeopardize billions of dollars in investment from oil ma...
Pemex Asks to Keep 83% of 2P Reserves
3/24/2014 - Mexico's state oil company Pemex has asked to keep 83 percent of its proven and probable reserves under a landmark energy overhaul that will open the way to more private investment, the government's o...
Sandridge Sell its Gulf of Mexico Business
1/7/2014 - Prompted by ongoing drilling success in its onshore operations and a more focused Mid-Continent strategy,SandRidge Energy, Inc. ("SandRidge") announced the sale of its Gulf of Mexico business, which c...
Exxon Upbeat on Mexico Oil Reform, BHP Sees Potential
12/12/2013 - Opening Mexico's oil sector to foreign investors would be a "win-win" for all involved, an Exxon Mobil Corp executive said. ...
Mexico's Landmark Energy Bill Nears Final Approval
12/12/2013 - Mexico's Congress was poised to complete approval of the biggest overhaul of its oil industry since nationalization 75 years ago, opening the door to investment by oil majors in a bid to reverse falli...
Mexican Senate Gives General Approval to Historic Energy Bill
12/11/2013 - Mexico's Senate has given general approval to a landmark energy reform that seeks to attract private capital to the state-run oil and gas industry in the biggest overhaul of the sector since it was na...
Mexican Senate Committees Debate Revamped Energy Reform
12/8/2013 - Mexican Senate committees debated an energy bill that would open up the world's 10th-biggest oil producer to private investment by allowing new types of contracts, marking the industry's most dramatic...
Pemex Inks $2 bln Credit Line Deal with Korea Eximbank
10/16/2013 - Mexican state oil producer Pemex said it had signed a memorandum of understanding with Korea Eximbank to open a $2 billion credit line for financing a range of projects. ...
Petrofac Sees Opportunities in Mexico Reforms
8/27/2013 - British energy services firm Petrofac Ltd (PFC.L) said it was well placed to capitalise on increased investment in oil and gas projects in Mexico as the country opens up its energy industry, even if t...
Mexico's Pemex Fined $50 mln for Market Abuse
8/25/2013 - Mexico's state-owned oil monopoly, Pemex, must pay a $50 million fine for forcing gas stations to transport fuel in tankers operated by its own unionized staff, the country's competition regulator sai...
Mexico Party Proposes Limited Energy Reform
8/19/2013 - Mexico's largest left-of-center political party has proposed a plan that would revamp state-oil monopoly Pemex, but without amending the constitution to permit more private investment in the oil, gas ...
Mexico Proposes Energy Reform
8/12/2013 - President Enrique Pena Nieto proposed an overhaul of Mexico's energy industry to offer private companies profit-sharing contracts, but investors said it might be too cautious and some sold Mexican ass...
Mexico's Conservatives Propose Deep Energy Reform
7/18/2013 - Leaders of Mexico's opposition conservatives unveiled an outline for a market-friendly energy reform, saying it would lure billions of dollars in private investment to the country's struggling oil and...

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