Tag Results for "Oil Discovery Mexico"
State-owned oil giant Petroleos Mexicanos, or Pemex, said it found reserves of up to 500 million barrels of crude in southern Mexico, a discovery that President Felipe Calderon hailed as the "biggest find" of petroleum on land in the past decade. continue reading »
Mexican President Felipe Calderon on Friday said another significant crude discovery has been made at a well in deep waters of the Gulf of Mexico, hailing the find as confirmation of a "huge oil system" in that region. continue reading »