U.S. company New Fortress Energy expects to sign an agreement next week with the Mexican government for the development of a liquefied natural gas (LNG) project associated with Mexico's Lakach offshore gas field, a company executive said on Wednesday…
Colombian state oil company Ecopetrol on Tuesday reported its third-quarter net profit more than doubled to 9.51 trillion pesos ($1.90 billion), rising 150% from a year earlier, as production returned to levels not seen since before the coronavirus pandemic…
In late 2016, to avoid racking up fines for burning too much natural gas, Mexico's state oil company Pemex struck a deal with the regulator to invest over $3 billion to fix its flaring problem at its most productive set of oil fields.But five years on…
Mexico's oil regulator approved on Monday a revamped plan for developing the once-abandoned Lakach deepwater natural gas project, presented by state oil company Pemex, in the first public session chaired by its newly appointed head.The Gulf…
German oil and gas company Wintershall Dea has agreed to acquire a 37% non-operated participating interest in the Hokchi Block, offshore Mexico, from Hokchi Energy, a subsidiary of Pan American Energy.Wintershall Dea will have an option to…