Mexico's finance ministry has revised its crude oil production forecast for the year, lowering it by 129,000 barrels per day from the initial target set by President Sheinbaum.

The state of New Mexico is expected to overtake Mexico’s crude oil production in the current month, according to commodity analysts projected report at Standard Chartered. New Mexico’s ...

Mexico lowered its estimate for average crude oil production for this year by 129,000 barrels per day (bpd), citing a "prudent approach" that takes into account the trajectory of the first months of ...

Shell Offshore Inc., has recently begun production at Dover, a high-potential development in the Gulf of Mexico (Gulf of America), further strengthening Shell’s position as a deepwater oil and ...

The area accounted for 46% of U.S. oil production in 2023, according to the Federal Reserve Bank of Dallas. New Mexico deposits royalty payments from oil and gas development in a multibillion ...