Thursday, January 9, 2025

Offshore Oil and Gas Auction Brings in $758M for Newfoundland and Labrador

From The Canadian Press JOHN’S, N.L. – Newfoundland and Labrador has pulled in $758 million in work commitments for offshore oil and gas development in a licence auction that ended Wednesday. The figure is down from the $1.2 billion in commitments the province received in last year’s auction in the same region a few hundred kilometres off the east coast of

Mexico

PEMEX: We will be Profitable in 2019-2020

“Things are moving, and it is hard, but we are on the right track” – PEMEX CEO Jose Antonio Gonzalez Anaya During a conference call outlining the company’s five-year plan Wednesday, PEMEX CEO Jose Antonio Gonzalez Anaya said the company will meet its financial targets for the year, and that he believes they are on the right track to make