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Mexico Approves Fracking to Reverse Sagging Oil and Gas Production

Summary by Oil Price
In a major U-turn in energy policy, Mexico has unveiled a 10-year plan to reverse a years-long decline in oil and gas production by tapping more unconventional resources through fracking.  Petroleos Mexicanos, or Pemex, the world’s most indebted energy firm, has seen declines in its output in recent years as old shallow-water conventional fields mature.   Now the government and its state-controlled energy giant want to revitalize production via …

8 Articles

Claudia Sheinbaum's government has launched a decade-long plan to rescue Pemex.This strategy consists of 13 actions that seek to guarantee the economic viability of the oil company.THE MAY INTEREST: They foresee that Pemex no longer needs government support for the 2027 TE MAY INTEREST: Fracking and gas Shale: Is the controversy for the 4T over?

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Oil Price broke the news in London, United Kingdom on Friday, August 8, 2025.
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