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Global Oil Prices Flat as Iran Negotiations Stall
By Fernando Mares - Mon, 08/17/2026 - 13:19
Global oil prices remained steady as diplomatic talks regarding the Iran conflict stalled and transit through the Strait of Hormuz slowed.
https://mexicobusiness.news/tag/oil-production
More Oil & Gas
PEMEX 2Q26 Net Profit Reaches MX$18 Billion
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.
Administrative Certainty Also Produces Oil
By Rafael Espino - Mon, 07/13/2026 - 07:00
Regularizing PEMEX's COPADE system prevents oil production risks by allowing oilfield service invoicing, writes Rafael Espino.
Declining Global Oil Inventories Threaten Summer Supply: IEA
By Fernando Mares - Thu, 05/21/2026 - 14:01
IEA warns that declining inventories and rising seasonal demand collide with the ongoing Strait of Hormuz transit shutdown.
Fracking: A Pragmatic Turn for Energy Security
By Fernando Cruz Galvan - Fri, 03/13/2026 - 08:00
Mexico is pivoting toward fracking and unconventional resources to ensure long-term energy security and self-sufficiency, writes Fernando Cruz.
SICT Publishes Consultation on Hazardous Cargo Draft NOM
By MBN Staff - Wed, 02/11/2026 - 08:00
SICT opened a consultation on PROY-NOM-011 to regulate limited-quantity hazardous goods on federal roads, as Mexico City tightens local rules.
Woodside Reports 50% Progress at Trion
By MBN Staff - Tue, 02/03/2026 - 08:38
Woodside Energy reported that the Trion ultra-deepwater oil project in Mexico reached 50% completion by the end of 2025.
Cuba Oil Aid Under Scrutiny: The Week in O&G
By Perla Velasco - Thu, 01/29/2026 - 12:19
PEMEX has reportedly reviewed planned crude oil shipments to Cuba, a move that underscores mounting geopolitical pressures.
PEMEX Hydraulic Fracturing Investment in Chicontepec
By MBN Staff - Tue, 01/27/2026 - 08:53
PEMEX is planning a significant ramp-up of investment in hydraulic fracturing activities in the Chicontepec Basin.
Grupo Carso Extends O&G Portfolio: The Week in Oil and Gas
By Perla Velasco - Thu, 01/22/2026 - 13:03
Grupo Carso has taken another decisive step in the sector with the acquisition of Fieldwood México, a subsidiary of Russia-based Lukoil.
Resilience, Leadership in Floating Production Systems: MODEC
By Perla Velasco - Mon, 11/24/2025 - 17:32
MODEC discusses its strategy for Mexico's potential market opening, pioneering FPSO designs for extreme weather, and non-CAPEX AI-driven solutions.