Mexico

  • Natural Gas
    Mexico Burdened Under Tourism Want to Make a New Natural Gas Pipeline

    Mexico Burdened Under Tourism Want to Make a New Natural Gas Pipeline

    Mexico plans to shortly launch a young for the development of a pure gasoline pipeline between the Tuxpan port on the eastern coast to Cancun and Merida on the Yucatan peninsula, Mexican President Andrés Manuel López Obrador said at his common information convention on Wednesday. The brand new pure fuel pipeline is aimed toward enhancing the electricity era within the…

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  • News
    Mexico Petroleum Is Fuelling Kansas City Southern Profits

    Mexico Petroleum Is Fuelling Kansas City Southern Profits

    Railroad operative Kansas City Southern on Friday reported a greater-than-anticipated quarterly revenue, helped by a rise in refined gasoline shipments to Mexico and ongoing price cuts. Shares of the corporate, which derives one-third of its income from Mexico, jumped 5.2% to $142.41 in early buying and selling. “We have now an optimistic outlook for the remainder of the year,” Chief…

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  • Power And Energy
    Mexico's Budget Assumes Oil Production Rise Not Seen in 1982

    Mexico’s Budget Assumes Oil Production Rise Not Seen in 1982

    Mexico’s balanced budget for next year depends partially on its oil firm boosting production by around 17%, something that the country hasn’t achieved in nearly four decades. Pemex, as the Mexican national oil generator is known, is predicted to increase its production to 1.951 MMbpd on average in 2020, according to the next year’s budget plan that Mexican President Andres…

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  • News
    Murphy Exploration to Offshore Vietnam and Mexico

    Murphy Exploration to Offshore Vietnam and Mexico

    Murphy Oil has made discoveries offshore Vietnam and Mexico; the corporate has reported. The invention in Mexico was Murphy’s first exploration test on Block 5 within the Salinas Basin. The Cholula-1EXP exploration properly was drilled in about 2,300 feet water depth, and found hydrocarbons within the higher Miocene goal objectives, encountering about 185 feet of net pay. Murphy, which is…

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  • Crude Oil
    Trelleborg Receives Major Oil Transportation Contract in Mexico

    Trelleborg Receives Major Oil Transportation Contract in Mexico

    Trelleborg’s offshore activities have been awarded a significant multi-million-greenback deal by Mexican state-owned petroleum firm, Pemex, for Elastopipe. This shall be put in onboard the Abkatun A complex in the Bay of Campeche in the Gulf of Mexico. Morten Kristensen, enterprise group director at Trelleborg’s offshore center in Norway, says: “That is our first contract made directly with Pemex and…

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