Mexico’s elected government has stayed true to President-elect’s campaign promise to review all oil contracts sealed by the previous administration and has started the review process for a contract with a consortium led by U.S. Talos Energy, Reuters reports . Talos Energy holds 45 percent in the venture, which also involves Premier Oil with 10 percent and Mexican independent Sierra Oil & Gas, with 45 percent. The chief executive of the Mexican company welcomed the review. “They should check everything,” Ivan Sandrea told Reuters. “Along with the entire industry, I’m most interested that they clear up all of their thoughts that there was manipulation.” The consortium was among the winners of exploration rights to Mexican oil and gas blocks in the first tender of Enrique Pena Nieto’s government. It won the rights to two blocks and later announced a discovery that could hold 1.2 to 1.8 billion barrels of […]