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Mexico Cuts Oil Exports: The Week in Oil and Gas
By Perla Velasco - Thu, 04/11/2024 - 10:07
PEMEX’s oil export cuts add to OPEC’s efforts and other factors that have made oil prices increase. This and more in your weekly roundup!
https://mexicobusiness.news/tag/opec
More Oil & Gas
New Year, New Administration: The Year in Oil and Gas
By Perla Velasco - Wed, 12/20/2023 - 16:13
The industry left behind logistics and financial challenges brought by the pandemic. However, the high prices that marked 2022 stayed behind, as well.
COP28 Agenda Overrun by Fossil Fuels Deal
By Perla Velasco - Thu, 12/14/2023 - 15:50
Negotiations at COP28 over the future of fossil fuels finally reached an end.
Crude Exports Revenue Increases; Light Oil Exports Cease
By Perla Velasco - Tue, 11/07/2023 - 15:10
Exports of Olmeca light crude ceased in September, after two months being resumed.
Israel-Hamas Conflict’s Impact on Oil Prices
By Perla Velasco - Wed, 10/11/2023 - 08:45
Oil experts remain attentive to the Israel-Palestinian conflict as it is expected to affect oil supply and prices due to geopolitical implications.
CRE Delays Ultra-Low Sulfur Diesel Adoption
By Perla Velasco - Thu, 09/21/2023 - 10:36
SENER claims that PEMEX does not have the infrastructure to carry out the adoption of ULSD.
Oil Prices on the Rise
By Perla Velasco - Wed, 09/20/2023 - 12:48
Oil prices are on the rise months after OPEC announcements of production cuts and speculation about Chinese and global demand.
Mexico's Oil Production Faces Steep Decline: IEA
By Karin Dilge - Wed, 09/20/2023 - 03:01
IEA predicts a decline in Mexico's oil production over the next five years, driven by reduced state investments and limited private sector activity.
Mexico Will Not Meet Its Oil Production Targets: SHCP
By Perla Velasco - Fri, 09/15/2023 - 10:38
Mexico's average production for the current presidential term will likely fall below the initial goal, forecasts SHCP.
Russian Lukoil to Open Operations in Mexico
By Perla Velasco - Wed, 09/13/2023 - 17:04
Lukoil has faced challenges due to sanctions imposed on Russian oil. In this context, the company seeks to open operations in the Mexican market.