MercoPress, en Español

Montevideo, August 15th 2018 - 12:37 UTC

Tag: Joaquin Coldwell

  • Monday, June 11th 2018 - 08:20 UTC

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

    Energy Minister Joaquin Coldwell said that two further auctions planned before the handover would go ahead, as would tenders for seven joint ventures

    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.

  • Tuesday, September 1st 2015 - 23:52 UTC

    Mexico announces postponement of deep-water oil exploration auction

    Coldwell said the government will change rules that scared off potential bidders earlier last month, when it only managed to auction only 2 of 14 blocks

    Mexico, which has started to open its nationalized oil industry to additional private investment, will postpone auctions for deep-water oil exploration and production contracts and adjust the terms of upcoming tenders after an inaugural oil auction failed to meet the government's modest expectations.