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CNOOC Discovers Deepwater Oil Field
By MBN Staff - Wed, 03/13/2024 - 12:33
China National Offshore Oil Corporation (CNOOC) unveils a significant discovery in the South China Sea, with estimated reserves of 729MMboe.
https://mexicobusiness.news/tag/reserves
More Mining
New Lithium Deposit Could Be Worth US$600 Billion
By Paloma Duran - Mon, 09/26/2022 - 09:54
The Ministry of Finance reported that the discovery could significantly improve the country's development and economy.
Mexico’s Deepwater: The State of Play
By Conal Quinn - Thu, 09/15/2022 - 09:48
If the government’s promise of energy autonomy is to become a reality, the vast resources of the Gulf must be harnessed.
Mexico Has 64.5 Billion Boe in Unconventional Reserves
By Conal Quinn - Wed, 08/17/2022 - 18:57
The CNH’s latest findings put unconventional gas resources at 141.5tcf.
Meetings Begin to Develop a Lithium Value Chain in Latin America
By Paloma Duran - Tue, 07/26/2022 - 17:50
Experts believe that in addition to Argentina, Chile and Bolivia, other key countries such as Mexico will also be part of the new lithium cooperation.
Torex Gold Sees Steady Production for Years to Come
By Paloma Duran - Mon, 11/29/2021 - 11:52
Torex Gold has the necessary elements to optimize and extend production from its ELG complex while ramping up Media Luna to deliver first ore by 1Q24.
Costs for Miners Increase Between 4-7 Percent
By Paloma Duran - Thu, 11/11/2021 - 17:09
Rise in fuel prices and other suppliers have increased operational costs and lithium is not the new oil, among this week’s top news.
Mexico’s Lithium Potential Is Average: CIMMGM
By Paloma Duran - Tue, 11/09/2021 - 13:19
Lithium is not the country’s new oil, as the mineral does not produce energy and its potential has yet to be confirmed, say experts.
SGM’s New Program Aims at Official Data on Lithium Reserves
By Paloma Duran - Tue, 10/26/2021 - 18:02
SGM announced a new exploration program to have hard data on lithium reserves to know their viability
AMLO: Mexico Will Not Grant Lithium Concessions
By Paloma Duran - Wed, 10/13/2021 - 08:43
The president announced that even if his electricity reform is not approved, no lithium concessions will be granted.