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By Fernando Mares - Fri, 08/14/2026 - 13:27
Venezuela awarded a Phase II license for the offshore Loran gas field to a consortium of BP, XRG, and UCC to develop 4Tcf of gas.
https://mexicobusiness.news/oilandgas
More Oil & Gas
By Fernando Mares - Mon, 08/03/2026 - 13:50
PEMEX posted a 2Q26 net profit of MX$18 billion, down 69.8% from 2Q25, despite total sales rising 30.3% to MX$510.4 billion.
By Fernando Mares - Thu, 07/30/2026 - 12:52
Talos Energy buys a 50% working interest in Repsol's Block 29 development offshore Mexico. This is the week in oil and gas!
By MBN Staff - Thu, 07/30/2026 - 12:34
The Strait of Hormuz returned to crisis, in one of the most turbulent sequences the global energy market has seen since the war began in February.
By MBN Staff - Thu, 07/30/2026 - 12:20
Mexico's energy industry has entered the most consequential period of private sector repositioning since the 2013 reform.
By Fernando Mares - Wed, 07/29/2026 - 12:55
Talos Energy acquired a 50% interest in Repsol's Block 29 offshore, targeting deepwater discoveries Polok and Chinwol in the Salinas Basin.
By Fernando Mares - Mon, 07/27/2026 - 15:50
Global crude drops below US$90/b as a pause in US-Iran strikes opens room for diplomatic talks, easing recent supply fears.
By Duncan Randall - Mon, 07/27/2026 - 11:18
Mexico will add new urea and ammonia capacity through US$3.2 billion in Fermachem and GPO investments
By Fernando Mares - Fri, 07/24/2026 - 16:02
A Cosmo Oil tanker delivered 1MMb of Mexican crude to Japan via the Cape route. This is the week in oil and gas!
By Jose Fernandes - Wed, 07/22/2026 - 08:00
Modular design and integrated automation help mid-scale LNG projects bypass execution risks to secure global supply, writes Jose Fernandes.
By Luis Miguel Labardini - Wed, 07/22/2026 - 07:30
Brazil's royalty-focused model outperforms Mexico's rigid state monopoly in capturing critical subsoil oil economic rent, writes Luis Labardini.
