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Mexican oil company Hokchi Energy starts producing hydrocarbons in Tabasco
Hokchi Energy has invested over USD $1 billion in the project
Repsol discovers two deepwater oil fields in Gulf of Mexico
The oil fields were discovered in the Polok-1 and Chinwol-1 wells, located in Block 29 of the Salina Basin
Mexico’s oil prices hit negative for the first time ever as the COVID-19 crisis surges
Pemex revealed it sold Mexican oil in USD -$2.37 per barrel
As oil prices collapse, is this the right time for Mexico to build a refinery?
The collapse of oil prices in the U.S. also affected Mexico and its oil is now priced at USD $-2.37
OPEC: Mexico agrees to cut its oil output by 100,000 barrels per day starting in May
Trump announced his country will help Mexico to fulfill an agreement that established all countries must cut their oil output to stabilize the market
How will Mexico overcome the global markets crash?
International crude oil prices suffered the biggest rout in nearly 30 years on Monday, after top producers Saudi Arabia and Russia began an oil price war
Pemex faces a grim scenario
Pemex has been affected by several corruption cases, declining oil prices, and currency depreciation
Pemex under stronger pressure after crash in oil prices
Mexico’s state oil company sank 31.7% on Monday following the worst international falling of crude prices since 1991
World markets pummel amidst coronavirus fears and falling oil prices
Global stock markets plunged on Monday and oil prices tumbled by as much as a third after Saudi Arabia launched a price war with Russia
Saudi oil price cuts seen reigniting market share war with Russia
Prompt prices are also expected to fall more than those in future months, widening a market structure known as contango that will encourage traders to store oil