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By Fernando Mares - Mon, 09/14/2026 - 13:16
Global oil prices surged past US$100/b following infrastructure strikes in Saudi Arabia and Middle East shipping disruptions.
https://mexicobusiness.news/tag/upstream
More Energy
By Rafael Espino - Mon, 09/14/2026 - 05:30
PEMEX improves finances but must accelerate field capital deployment and supplier payments to ensure oil production, writes Rafael Espino.
By Fernando Cruz Galvan - Fri, 09/11/2026 - 06:30
Mexico's upstream oil sector is realigning amid PEMEX debt, new contracts, and global capital competition, writes Fernando Cruz.
By Fernando Mares - Thu, 09/10/2026 - 17:16
OPEC lowered its 2026 demand growth forecast for a fifth straight month as oil markets tighten. This is the week in oil and gas!
By Fernando Mares - Thu, 09/10/2026 - 16:59
OPEC lowered its 2026 global oil demand growth forecast to 400Mb/d in its fifth consecutive monthly revision, while raising 2027 to 2.4MMb/d.
By Fernando Mares - Thu, 08/20/2026 - 17:05
PEMEX and Petrobras partner to evaluate 160-million-year-old pre-salt formations off Campeche. This is the week in oil & gas!
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.
By MBN Staff - Mon, 07/13/2026 - 10:08
Mexico plans to intensify oil exploration at Cantarell using deepwater techniques developed by Brazil's Petrobras.
By MBN Staff - Tue, 07/07/2026 - 16:40
The proven reserves of PEMEX have tumbled approximately 40% over the past eleven years.
By MBN Staff - Tue, 07/07/2026 - 09:28
Carlos Slim expressed strong optimism for Mexico's oil future, predicting production could rebound to 2 or 2.5MMb/d in the coming years.
By MBN Staff - Tue, 07/07/2026 - 09:26
OPEC+ has agreed to a further increase in output targets from August, adding to global supply at a time when oil prices are falling.
