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PEMEX to Acquire Servitux Terminal in Tuxpan
By Karin Dilge - Thu, 02/29/2024 - 17:27
PEMEX is in talks with KKR to acquire the Servitux terminal in Tuxpan, following its closure in 2021 due to deficiencies.
https://mexicobusiness.news/tag/oilgas
More Oil & Gas
CRE Issues Cross-Ownership Regulations for Hydrocarbons Sector
By MBN Staff - Thu, 02/29/2024 - 17:20
CRE has introduced agreement A/047/2022, which outlines regulations for cross-ownership in the hydrocarbons sector in Mexico.
Diesel: Dos Bocas’ First Product
By Karin Dilge - Thu, 02/29/2024 - 17:14
Dos Bocas is set to initiate crude processing for commercial purposes in the coming weeks, with diesel expected as the primary output.
Shell Receives Green Light to Terminate Contract
By Karin Dilge - Thu, 02/29/2024 - 05:37
CNH approved the initiation and processing of the Early Termination Procedure (PTA) for the return of the entire contractual area notified by Shell.
Murphy Sur Abandons Offshore Exploration in Mexico
By MBN Staff - Wed, 02/28/2024 - 05:27
Murphy Sur has decided to fully abandon its offshore exploration contract in Tabasco, Mexico, following unsuccessful drilling at the Tulum-1 well.
Mexican Crude Exports to America Hit 29-Year Low
By Karin Dilge - Tue, 02/27/2024 - 16:05
In January, Mexican crude oil exports to the Americas hit a 29-year low, averaging 279Mb/d, with total exports reaching 951Mb/d.
Ek-Balam Contract Key in Hydrocarbon Production
By MBN Staff - Tue, 02/27/2024 - 16:00
Ek-Balam emerges as a crucial player, commanding 50% of the nation's private and migrated contract hydrocarbon production.
PEMEX Downsizes Workforce Amid Operational Challenges
By Karin Dilge - Mon, 02/26/2024 - 11:33
PEMEX has reduced its workforce by 18.4% since 2018, amid operational challenges in its refining network.
Mexico's Oil Production Hits Year Lowest
By Karin Dilge - Fri, 02/23/2024 - 10:58
Mexico's oil production began falling at the start of 2024, hitting its lowest point in a year.
CNH Approves PEMEX's Santiago 101-EXP Well Exploration Plan
By MBN Staff - Fri, 02/23/2024 - 10:46
CNH approves PEMEX’s Santiago 101-EXP well exploration plan, targeting commercial light oil in fractured limestones.