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Oil Trades Near US$89/b Amid Hormuz Transit Drop
By Fernando Mares - Wed, 08/12/2026 - 11:08
Oil trades near US$89/b as Hormuz shipping drops, exacerbating long-term supply limits from a decade of underinvestment, industry inisders say.
https://mexicobusiness.news/tag/production
More Oil & Gas
De la Espriella Vows to Revive Colombia's Oil and Gas Sector
By Fernando Mares - Tue, 08/11/2026 - 07:52
President De la Espriella vowed to revive Colombia's oil sector, authorize fracking, rebuild Ecopetrol, and strengthen energy security.
The Government Evaluates Fracking Pilots in Tamaulipas, Coahuila
By Fernando Mares - Wed, 08/05/2026 - 13:03
The federal government evaluates pilot fracking projects in Coahuila and Tamaulipas, according to sources familiar with the subject.
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.
Oil Falls Below US$90/b as US-Iran Pause Calms Energy Markets
By Fernando Mares - Mon, 07/27/2026 - 15:50
Global crude drops below US$90/b as a pause in US-Iran strikes opens room for diplomatic talks, easing recent supply fears.
Cosmo Oil Tanker Delivers First Mexican Crude to Japan
By Fernando Mares - Fri, 07/24/2026 - 16:02
A Cosmo Oil tanker delivered 1MMb of Mexican crude to Japan via the Cape route. This is the week in oil and gas!
Global Aluminum Output Slips 1.5% as War Tightens Supply
By Paloma Duran - Mon, 07/20/2026 - 11:54
Global aluminum output fell 1.5% in June as a Gulf outage cut supply by a third.

PEMEX Cancels Four Mixed Contracts, Modifies Framework
By MBN Staff - Thu, 07/16/2026 - 09:27
PEMEX cancelled four mixed contracts, citing force majeure due to insufficient timelines to address concerns raised by participating companies.
PEMEX Denies Fracking in San Luis Potosi
By MBN Staff - Tue, 07/14/2026 - 11:56
PEMEX issued a formal clarification on July 11 denying that it is conducting hydraulic fracturing operations in San Luis Potosi.
Torex Gold Posts 96,297oz AuEq Production in 2Q26
By Fernando Mares - Fri, 07/10/2026 - 12:26
Torex Gold's 2Q26 production reached 96,297oz AuEq. Rising grades in 2H26 keep the firm on track to meet its annual 420,000-470,000oz guidance.
PEMEX's Proven Reserves Have Fallen 40% in 11 Years
By MBN Staff - Tue, 07/07/2026 - 16:40
The proven reserves of PEMEX have tumbled approximately 40% over the past eleven years.