Mexican oil production at a crossroads
April 01, 2007
Category: International
Tags: Mexico, oil & gas, PEMEX, US
No Comments →
As newly-elected conservative Mexican President Felipe Calderón and U.S. President George W. Bush searched in Mexico City for some kind of grand bargain on oil and immigration this past March, the governments of Alberta and Mexico signed an energy cooperation agreement that could well position Alberta’s private and public sectors at the forefront of efforts to revitalize Mexico’s energy industry – particularly if both Calderón and Bush deliver on their joint commitments More →
But surging natural gas production, beyond depressing prices in the US$3 per mcf range, has companies such as Encana Corp. and Shell Canada racing to tap into a market that has long been ignored. 
Entries