oil exploration
Coverage of oil exploration in the Nexus archive.
- Pemex Has All but Stopped Looking for New Oil, and That Should Worry Investors
Pemex's exploratory drilling in early 2026 reached a 29-year low, with only one exploratory well completed in the first quarter compared to 24 development wells. This decline in exploration raises concerns for investors as it may impact future oil reserves.
- Colombia’s left gripped by fear: Cepeda refuses to concede after De la Espriella claims victory
Colombia's left-wing political figures express fear over Abelardo De la Espriella's claimed victory in the presidential runoff election, with rival candidate Iván Cepeda refusing to concede. De la Espriella, who supports oil exploration and fracking, faces criticism from environmentalists, while Cepeda and President Gustavo Petro remain skeptical of his projected win.
- Kenya cancer cluster sparks ‘environmental genocide’ claims over oil waste
Residents of Kargi in Kenya believe that rising cancer cases are linked to toxic waste left behind during oil exploration in the 1980s, sparking claims of 'environmental genocide'. The community is concerned about the potential health impacts of the oil waste. Cancer cases have been increasing in the area.