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Tag Archives: Pemex

Massacres leave 16 dead in neighboring Mexican states

pemex pipeline theft, massacres

MEXICO CITY (AP) — Two massacres have left at least 16 people dead in the neighboring Mexican states of Michoacan and Guerrero. A statement from the Michoacan state prosecutors’ office said nine burned bodies were found inside an SUV in the municipality of Cuitzeo in an area with pipelines run by state oil company Petroleos Mexicanos. Prosecutors said there were ...

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Mexico to offer farm-out on deep water field in Gulf

Mexico, Pemex

MEXICO CITY (AP) — Mexico’s state-owned oil company announced Friday it will offer a farm-out arrangement to private firms to join in the exploration of a deep-water field in the Gulf of Mexico. It would be the first time that Petroleos Mexicanos has formed an association with a private firm for deep-water drilling. Pemex Director Jose Antonio Gonzalez called it ...

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Mexico gets first non-Pemex gas station in almost 8 decades

MEXICO CITY (AP) — For the first time in nearly eight decades, the ubiquitous Pemex gas stations have competition along Mexico’s highways and city streets. Two companies have opened three gas stations under their own brands, breaking one of the state-owned petroleum company’s last monopolies. Opening the retail sector to competition was part of energy reforms passed in 2014. Mexico’s ...

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24 dead in Mexico petrochemical plant blast, 8 still missing

24 dead in Mexico petrochemical plant blast, 8 still missing

COATZACOALCOS, Mexico (AP) — The death toll from an explosion that ripped through a petrochemical plant on Mexico’s southern Gulf coast is now 24, state oil company Petroleos Mexicanos reported. Pemex raised the toll late Thursday from the 13 fatalities previously known and said eight workers remained missing. It also said 19 people remained hospitalized, with 13 of them in ...

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Oil majors show interest in Mexico’s offshore auction

Oil majors show interest in Mexico's offshore auction

Mexico’s forthcoming auction of offshore oil and gas fields is drawing significant interest, according to a report by Fuel Fix. So far, 21 companies have asked to review data on fields within Mexico’s territorial waters in the Gulf of Mexico. Major oil companies, such as ExxonMobil, BP, and Chevron, have expressed interest in the available fields. The country will auction ...

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