Tag: barrels per day (bpd)

• Monday, June 11th 2018 - 08:20 UTC

  Mexico's future closely linked to oil development no matter who's the next president

  

  Mexican oil output could return to 2 million barrels per day by about 2022 if the next government pursues plans to auction off development blocs to private investors, Energy Minister Pedro Joaquin Coldwell announced. Mexico will elect a new president on July 1 but the front-runner in opinion polls, leftist Andres Manuel Lopez Obrador, has threatened to delay opening up the energy sector to private investment.