Carlos Morales

Perry Pressured by Texas Businesses Over Medicaid Refusal

Chambers of commerce representing companies such as Exxon Mobil Corp. and Kimberly-Clark Corp. are challenging Texas Governor Rick Perry and lawmakers to expand health care for the poor in the state with the highest percentage of uninsured people.

Petroleos Mexicanos to Raise $9.8 Billion in Debt This Year

Petroleos Mexicanos, the world’s fourth-largest crude producer, plans to borrow as much as $9.8 billion this year, according to a quarterly presentation filed by the state-owned company.

Pemex to Drill 175 Shale-Gas Wells in 4 Years, Morales Says

Petroleos Mexicanos plans to drill 175 shale-gas wells in the next two to four years, said Carlos Morales, the head of exploration and production of the company, at an event in Mexico City.

Pemex May Boost Output to 2.8 Million Barrels a Day by 2013, Morales Says

Petroleos Mexicanos, the state-owned oil company, may increase output to as much as 2.8 million barrels a day by 2013, said Carlos Morales, the head of the company’s exploration and production unit.

Pemex Seeks Foreign Partners to Develop Offshore Oil Fields for First Time

Petroleos Mexicanos, Latin America’s largest oil producer, expects to hire foreign oil companies for the first time to explore and produce in the Gulf of Mexico as it seeks to arrest a five-year decline in output.

Pemex Postpones Drilling to Test Deep-Water Equipment

Petroleos Mexicanos, Latin America’s largest oil company, will postpone drilling a well in the Gulf of Mexico that would be its deepest ever while it tries out new equipment in a shallower project, a company executive said.

Pemex to Include Offshore Gulf Fields in Contract Proposals

Petroleos Mexicanos, Latin America’s biggest oil producer, is preparing a pair of offshore contracts allowing companies such as Exxon Mobil Corp. and BP Plc to gain access to the Mexican side of the Gulf of Mexico.

Pemex to Award $5 Billion for 50 Offshore Oil Platforms

Petroleos Mexicanos, Latin America’s largest oil producer, plans to award contracts worth $5 billion in the next two years to build 50 platforms to boost output in the Bay of Campeche in the Gulf of Mexico.

Pemex Plans to Increase Offshore Oil Drilling Capacity to 60 Rigs From 52

Petroleos Mexicanos, Latin America’s largest oil producer, plans to increase the number of leased offshore drilling rigs to 60 from 52 as the state-owned company requests a bigger budget to arrest output declines.

Pemex Increases Production Forecast for Chicontepec by 15% for Next Year

Petroleos Mexicanos, Latin America’s largest oil producer, increased its estimate for Chicontepec’s 2011 production to “around 70,000” barrels a day, 15 percent higher than the previous forecast.

"The reality is that we expect small increases in many of our projects, including Cantarell."

- Carlos Morales on Mar 07, 2012

Mexico

Latin America

Juan Jose Suarez Coppel

Washington

Aston Sets $4.85 Million Record, Mouse Nest DB5 $486,469

North Korea Test-Fires 3 Missiles as U.S. Sees Further Isolation

Commuter Train Wreck Injures Dozens, Curbs Amtrak Service

Republicans Unsatisfied by IRS Answers Press for More

U.S. Stocks Advance on Leading Indicators, Sentiment Data