{"id":8030,"date":"2017-07-10T16:50:51","date_gmt":"2017-07-10T21:50:51","guid":{"rendered":"http:\/\/nrgibroker.com\/?p=8030"},"modified":"2017-07-10T16:50:51","modified_gmt":"2017-07-10T21:50:51","slug":"mexico-expects-four-more-oil-auctions-before-by-end-of-2018","status":"publish","type":"post","link":"https:\/\/nrgibroker.com\/en\/mexico-expects-four-more-oil-auctions-before-by-end-of-2018\/","title":{"rendered":"Mexico expects four more oil auctions before by end of 2018"},"content":{"rendered":"<h4><span style=\"font-size: 8pt;\"><a href=\"https:\/\/www.reuters.com\/article\/mexico-energy-idUSL1N1JX27T\">Reuters<\/a>\u00a0<span class=\"article-section\"><a href=\"https:\/\/www.reuters.com\/news\/archive\/marketsNews\">MARKET NEWS<\/a><\/span><a href=\"https:\/\/www.reuters.com\/article\/mexico-energy-idUSL1N1JX27T\"> <span class=\"divider\">|<\/span> <span class=\"timestamp\">Thu Jul 6, 2017 | 8:26pm EDT<\/span><\/a><\/span><\/h4>\n<h4><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;Mexico expects to launch four more oil and gas auctions before the current president&#8217;s term concludes in November 2018, Energy Minister Pedro Joaquin Coldwell said at a conference on Thursday.&#8221;<\/span><\/h4>\n<h4><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;The government had previously said three more tenders were planned, but Coldwell said a fourth would be a mix of fields including some deep water areas.&#8221;<\/span><\/h4>\n<h4><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;The tender could also include shallow water fields as well as gas-rich shale areas, he said.&#8221;<\/span><\/h4>\n<h4><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;A constitutional energy overhaul in 2013 paved the way for the auctions by ending the decades-long monopoly enjoyed by national oil company Petroleos Mexicanos, better known as Pemex.&#8221;<\/span><\/h4>\n<h4><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;A champion of the energy opening, President Enrique Pena Nieto was elected in 2012 to a six-year term and is by law prohibited from seeking reelection&#8221;<\/span><\/h4>\n<h4><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;The front-runner to succeed Pena Nieto in Mexico&#8217;s 2018 election is Andres Manuel Lopez Obrador, a vocal opponent of the oil opening who could put a halt to future auctions.&#8221;<\/span><\/h4>\n<h4><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;Coldwell said bid terms for the next deep water oil auction should be published by the end of this month, with contracts awarded by early January.&#8221;<\/span><\/h4>\n<h4><span style=\"font-size: 12pt; font-family: Helvetica;\">&#8220;An onshore oil auction covering 24 blocks will take place next week, following a shallow water tender last month.&#8221;<\/span><\/h4>\n<h4><a href=\"https:\/\/nrgibroker.com\/wp-content\/uploads\/2017\/07\/court-510750_1920.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-8032\" src=\"https:\/\/nrgibroker.com\/wp-content\/uploads\/2017\/07\/court-510750_1920-1024x768.jpg\" alt=\"court-510750_1920\" width=\"1024\" height=\"768\" \/><\/a><\/h4>\n<h4><span style=\"font-size: 12pt; font-family: Helvetica;\">(Reporting by Adriana Barrera; Editing by Andrew Hay)<\/span><\/h4>\n<h4><span style=\"font-size: 8pt;\"><a href=\"https:\/\/www.reuters.com\/article\/mexico-energy-idUSL1N1JX27T\">Reuters<\/a>\u00a0<span class=\"article-section\"><a href=\"https:\/\/www.reuters.com\/news\/archive\/marketsNews\">MARKET NEWS<\/a><\/span><a href=\"https:\/\/www.reuters.com\/article\/mexico-energy-idUSL1N1JX27T\"> <span class=\"divider\">|<\/span> <span class=\"timestamp\">Thu Jul 6, 2017 | 8:26pm EDT<\/span><\/a><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Reuters\u00a0MARKET NEWS | Thu Jul 6, 2017 | 8:26pm EDT &#8220;Mexico expects to launch four more oil and gas auctions before the current president&#8217;s term concludes in November 2018, Energy Minister Pedro Joaquin Coldwell said at a conference on Thursday.&#8221; &#8220;The government had previously said three more tenders were planned, but Coldwell said a fourth [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8032,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1017],"tags":[],"class_list":["post-8030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/posts\/8030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/comments?post=8030"}],"version-history":[{"count":0,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/posts\/8030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/media\/8032"}],"wp:attachment":[{"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/media?parent=8030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/categories?post=8030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nrgibroker.com\/en\/wp-json\/wp\/v2\/tags?post=8030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}