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Montevideo, November 5th 2024 - 23:45 UTC

Tag: Tamaulipas State - Mexico

  • Tuesday, July 1st 2014 - 23:16 UTC

    Could gang violence end Mexico's shale dream?

    Mexican President Enrique Peña Nieto's goal is a production of 3 million barrels of oil per day by 2018

    Violence in Mexico could thwart hopes of a budding shale boom, as oil and gas companies operating in Texas may think twice about moving south of the border.
    Mexico holds an estimated 545 trillion cubic feet of technically recoverable shale gas and 13 billion barrels of shale oil, but progress in developing those resources has been slow.