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By MBN Staff - Tue, 09/30/2025 - 12:18

Grupo Carso signed a US$1.99 Billion drilling contract with PEMEX to drill up to 32 wells at Ixachi, boosting oil and gas production in Mexico.

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https://mexicobusiness.news/tag/mexico-oil-production

More Oil & Gas

By Andrea Valeria Díaz Tolivia - Tue, 08/19/2025 - 08:30

IEA trims 2025 oil demand forecast on weak consumption in key economies, while OPEC+ and non-OPEC+ ramp up supply.

By Andrea Valeria Díaz Tolivia - Fri, 07/04/2025 - 16:03

Mexico’s oil production is falling as active rig counts drop sharply. Experts say boosting drilling is key to reversing the country's output decline.

By MBN Staff - Wed, 07/02/2025 - 16:54

Sheinbaum’s administration will present PEMEX’s structural reform plan in three weeks, focusing on integration, debt control, and transparency.

By MBN Staff - Thu, 12/26/2024 - 16:00

Mexico's oil production reached 1.747MMb/d, marking an 8.5% decline compared to November 2023.