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From Oil&Gas People / 1 de Diciembre de 2017 Mexico spent some 24.1 billion pesos ($1.26 billion) on contracts to hedge its 2018 oil exports, Finance Ministry Chief Economist Luis Madrazo said on Tuesday, part of government’s efforts to stabilize its budget. Madrazo did not specify the number of barrels of export production that […]
From CNBC / Tom DiChristopher / 28 de noviembre de 2017 Market watchers see few opportunities for oil prices to rally — but plenty of room for them to fall — after a critical meeting of energy ministers later this week. About two dozen oil exporters, including top producers Saudi Arabiaand Russia, meet on Thursday in […]
From Renaissance Oil Corp. / Craig Steinke / 27 de Noviembre de 2017 VANCOUVER, Nov. 27, 2017 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V: ROE) is pleased to announce the Comisión Nacional de Hidrocarburos (the “CNH”) has approved drilling permits for the Chicontepec multi well drilling program on the Amatitlán block in Veracruz, Mexico. In conjunction […]
From: Bloomberg / Joseph Carson / 21 de noviembre The difference between the federal funds rate and economic growth is unusually wide, consistent with a positive outlook. The rapid flattening of the U.S. Treasury yield curve is raising concern about the economy’s prospects. That’s to be expected, since the slope of the curve has gained […]
From: Financial Times / Nick Butler / 19 de noviembre Can China transform its energy economy? For the last 30 years rapid economic growth – based on heavy industry, manufacturing and construction – has been sustained by hydrocarbons. Coal remains dominant; what has changed is the volumes involved. In 1990, China used some 446m […]
From: Bloomberg / Nathan Cattan / 31 de octubre de 2017 Mexico spent about 24 billion pesos ($1.25 billion) to lock in prices of oil exports for next year, or more than 21 percent what it paid to hedge crude a year ago, according to Finance Ministry data. The cost for buying put options […]
From: Rigzone Staff / Monday, October 30, 2017 2016/17 was a record year for Europa Oil & Gas (Holdings) plc in terms of corporate activity, according to the company’s CEO Hugh Mackay. During this time, Europa achieved a successful farm-out to Cairn of a 70 percent interest in one of the company’s South Porcupine […]
From: TASS / MEXICO CITY, October 23 Trade between Russia and Mexico demonstrates a positive trend in 2017, Russian Export Center CEO Petr Fradkov said on Monday at the opening of a business mission in Mexico City. “In 7 months of 2017, the trade turnover between our countries has grown quite actively,” said Fradkov, adding […]
From: Reuters.com / OCTOBER 19, 2017 / 2:04 PM / Mariana Parraga HOUSTON (Reuters) – Mexico’s oil regulator will likely add another auction in 2018 featuring conventional onshore oil and gas blocks, the head of the National Hydrocarbons Commission (CNH) said on Thursday, potentially teeing up a third tender in an election year. The bid […]
From Bloomberg / By Nacha Cattan / 16 de octubre de 2017 13:05 GMT-5 “Mexico has completed its annual oil hedge for 2018, which will lock in an average export price of $46 per barrel of crude, Deputy Finance Minister Vanessa Rubio said in an interview.” “In addition to the put options bought on the market, […]
