Cantarell is the largest oil field ever discovered and exploited in Mexico's history; its impressive dimensions placed it in sixth place in the very reduced category of supergiants known in the orb. Its reserves transformed the country's history and proposed new routes for Pemex to position it among the main oil-producing and exporting companies.
The sea was a promise and Pemex was so clear about it that, since the second decade of its existence, it broke the barrier of land to develop the first marine seismological study in 1949, carried out in the northern portion of the Isthmus of Tehuantepec, on the continental platform of the Gulf of Mexico, with successful results that led...
The world oil industry continues to be submerged in the crisis in which it was involved in the first months of 2020 due to the coronavirus pandemic, and Petróleos Mexicanos (Pemex) is no exception.
The President Andrés Manuel López Obrador signed a decree and an agreement with the banking institutions HSBC, J.P. Morgan, and Mizuho Securities, to strengthen the finances of Petróleos Mexicanos (Pemex) for up to eight billion dollars.