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CNOOC Discovers Deepwater Oil Field
By MBN Staff - Wed, 03/13/2024 - 12:33
China National Offshore Oil Corporation (CNOOC) unveils a significant discovery in the South China Sea, with estimated reserves of 729MMboe.
https://mexicobusiness.news/tag/exploitation
More Oil & Gas
PEMEX Receives Approval for Exploration Well Xale-101EXP
By MBN Staff - Fri, 02/16/2024 - 06:58
PEMEX is set to invest in the Xale-101EXP exploratory well in shallow waters, hoping to discover gas and condensates in the Gulf of Mexico.
Interest Rates, Geopolitics to Drive Gold Demand: WGC
By Fernando Mares - Mon, 02/05/2024 - 09:00
Persisting conflicts, trade tensions, and over 60 elections around the world could encourage investors to look at gold.
Lithium Demand Shows Signs of Deceleration: Wood Mackenzie
By Fernando Mares - Fri, 02/02/2024 - 11:52
Wood Mackenzie forecasts a 33% increase in electric vehicle sales, down from the previous 71%, potentially affecting lithium demand.
Concession Cancellation Delays Ganfeng Lithium's Extraction Plans
By Fernando Mares - Mon, 11/13/2023 - 15:48
Ganfeng Lithium said that the construction of its plant in Sonora will take 18 months to finish.
Law Firm Secures Amparo Against Mining Law Reform
By Fernando Mares - Tue, 11/07/2023 - 09:58
EC Rubio sees this ruling as a commitment to safeguarding the mining industry's interests and setting a precedent for future legal challenges.
SAT Collects 561% More Taxes From Larger Mining Contributors
By Fernando Mares - Tue, 11/07/2023 - 09:47
The tax authority said the increase is one of the expected results of its 2019-2023 master plan.
Mining Essential to Harness Nearshoring
By Fernando Mares - Tue, 10/31/2023 - 10:10
Mining associations ask for legal certainty as the sector is a supplier for at least 70 productive sectors.
Newmont Officially Announces the End of Peñasquito Strike
By Fernando Mares - Wed, 10/18/2023 - 10:35
The company said the strike brought significant hardship to its employees, contractors, hosting communities, suppliers and customers.
Risk Management Starts With Building Trust: CEO Strategos
By Fernando Mares - Thu, 09/28/2023 - 08:55
Gabriel Ruiz emphasizes the importance of building trust among stakeholders in mining projects to reduce the negative impact of harmful actors.