Crude output from Mexico's Cantarell, the world's third-largest oil field, is falling at the fastest pace in 12 years as investment limits keep state-owned Petroleos Mexicanos from fully ...

MEXICO CITY, June 26 (Reuters) - Crude oil output at Mexico's huge but aging Cantarell offshore field declined in May, according to data published on the energy ministry's Web site on Tuesday.

Mexico's state oil company Pemex said on Friday there were "some signs" the rapid rate of decline of its giant Cantarell oil field had stabilized. "There are some indications of stabilization but ...

The platform operates in the company’s Cantarell Field, once one of the world’s most productive. Earlier in the day, Pemex said six people had been injured in the fire, which it said started ...

Mexico s state-owned ... capacity was 1.54 million b/d at Cantarell at the beginning of this year but is expected to reach 1.85 million b/d by yearend as field pressure rises.

Petroleos Mexicanos, the world’s fifth-largest oil producer, lowered a year-end 2013 output goal after failing to maintain crude from its Cantarell field. While Mexico’s state-owned company ...

The move underscores Pemex's need to develop higher-cost oil projects as its traditional fields run dry, such as the giant Cantarell field where ... into the Gulf of Mexico to date, the company ...

Pemex is seeking to maintain output levels at Cantarell, the country's principal ... a joint-venture of Mexico's Empresas ICA (ICA) and Fluor Corp. (FLR) of the U.S., and Grupo Carso SA's (GPOVY ...

In 2003, Mexico's Cantarell oilfield was the second most productive field in the world, yielding more than 2.1 million barrels a day, behind only Saudi Arabia's Ghawar field. But as with many of ...

The move underscores Pemex's need to develop higher-cost oil projects as its traditional fields run dry, such as the giant Cantarell field where ... into the Gulf of Mexico to date, the company ...