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Mexico’s 2024 Eco Losses Hit MX$1.3 Trillion, Equal to 4.1% GDP
By Duncan Randall - Thu, 12/11/2025 - 10:54
INEGI estimates Mexico lost over MX$1.38 trillion in 2024 to resource depletion and environmental damage, equal to 4.1% of GDP.
https://mexicobusiness.news/tag/hydrocarbon-extraction
More Oil & Gas
PEMEX Extends Agreement With UNAM for Hydrocarbon Extraction
By MBN Staff - Thu, 08/07/2025 - 08:01
The agreement, originally established in December 2023, focuses on characterization studies of rock and fluids for PEMEX.
Donald Trump Reshapes US Policies With 42 Executive Orders
By Paloma Duran - Wed, 01/22/2025 - 14:57
Trump signed 42 executive orders on his first day in office, reshaping policies on immigration, energy, and international relations.

New Guidelines for Wells: The Week in Oil and Gas
By Perla Velasco - Fri, 12/27/2024 - 11:34
ASEA introduced new safety guidelines for oil wells. This and more in this week’s roundup!
ASEA Issues New Safety Guidelines for Oil Wells
By MBN Staff - Tue, 12/24/2024 - 11:59
ASEA's guidelines replace previous regulations, including those from 2016 and 2017.
Grupo Carso Increases Stake at Talos: The Week in Oil and Gas
By Perla Velasco - Thu, 12/19/2024 - 10:23
This move accelerates the development of the Zama field while Talos retains a 20% stake in Talos México and an indirect 17.4% stake in Zama.
Moody’s Sees Risk for PEMEX With New Government Strategies
By MBN Staff - Thu, 11/28/2024 - 13:35
Moody’s has identified significant credit risk for PEMEX under the new administration of Claudia Sheinbaum, highlighting two potential scenarios.
CNH Approves Drilling of Dieciocho de Marzo-35DEL Well
By MBN Staff - Fri, 07/12/2024 - 08:54
Pantera Exploración y Producción 2.2 gets CNH approval to drill the Dieciocho de Marzo-35DEL well to evaluate Miocene Anáhuac formation reservoirs.
Oil Revenues Surpass Forecasts
By Sergio Taborga - Mon, 05/27/2024 - 08:42
Oil revenue surpasses forecasts; PEMEX receives fiscal support, manages debt, and defers tax payments
CNH Approves Modification of Diavaz's Development Plan
By MBN Staff - Thu, 02/15/2024 - 08:10
CNH approved modifications to Diavaz's development plan for Miquetla field, enabling them to update their extraction strategy and production targets.