Six relevant oil discoveries, for an estimated 339 million barrels, have been made in Mexico during the first months of 2020. One of these discoveries was from the Italian-based, multi-national company, ENI.
ENI’s deposit amounts to 143 million barrels of oil and 68 thousand square feet of gas.
The other five discoveries have been made by PEMEX, for a total of 102 million barrels of oil…
Eni, a multinational oil and gas company headquartered in Italy, has been granted 3 of 10 offshore blocks awarded by Mexico’s National Hydrocarbon Commission (CNH) in the Sureste Basin, in the Gulf of Mexico. This result boosts Eni’s presence in a market that only opened up to foreign investments in 2014, in line with the country’s Energy Reform, and which has huge growth potential.
The award is…
march 26, 2014 - In these times of tensions between Russia and Europe, the importance of gas supply infrastructure has once again become a hot topic. Therefore, the 500 million euro tender won by the Italian company Sicim de Parma for the construction of more than one thousand kilometers of gas pipelines in Mexico is very relevant.
After the construction of a 230-kilometer section of the…
MEXICO CITY - The Secretary of Economy, Ildefonso Guajardo, highlighted that this year alone, in the steel industry alone, six billion dollars of investment were consolidated with the generation of almost five thousand jobs.
During his participation in the Inauguration of the Ternium Mexico Steel Complex, the official pointed out that this work is thanks to the fact that we have achieved a…
PESQUERÍA, Nuevo León (09/18/2013) - President Enrique Peña Nieto inaugurated Ternium's new plant, located in this municipality, which will have a capacity of one and a half million tons of cold rolled products and 400,000 tons of galvanized products. It will also employ 600 people.
With this plant, which began construction in 2011, the automotive industry will stop importing cold-rolled steel…