Oil in History By NormanBorquez Period: 2007 BCE to 2008 BCE México was increasing its production of crude oil. Period: 2001 BCE to 2004 BCE The resources of PEMEX were used top ay déficits. 1997 BCE Was the Cantarell complex consolidated by important parts of México. 1990 BCE Many civilizations, were included in the international trade of petroleum. Period: 1971 BCE to 1973 BCE 5 gas fields were located in Sonora and Zacatecas. 1965 BCE Mexican oil institutes were not created. 1963 BCE Time magazine confirms that PEMEX was the first company to opérate without losses. 1961 BCE The pesos were not Mexican coins. 1951 BCE Was Jose Colomo the one who discovered the most important gas deposits. 1940 BCE PEMEX were not those who were in charge of the oil industry. 1921 BCE México was the one that occupied the second position as an oil producer. 1892 BCE James Watt was the one who promulgated the mining code. 1864 BCE It was attempted to promote oil activities for the exploitation of natural oil deposits by Maximilian of Habsburg. 1862 BCE Was directed one of the first drilling in México to obtain oil for Antonio del Castillo. 1783 BCE Were issued the Royal Ordinances for Mining of New Spain.