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Tuesday, August 31st, 2021

Our last Hydrocarbons Mexico newsletter was delivered on Tuesday, August 31st, 2021. The web site will stay open for existing subscribers until we see it is no longer being used. Here is why.

Recent News

Equinor to exit Mexico; Pemex assignments reduced in size; Pemex gas compression contract — HCM for 2021 08 26

Norway’s Equinor will transfer the two blocks it won in the Round 1 and exit Mexico; Pemex gets approval to reduce the size of two assignments; The NOC is holding a tender offer for work on its gas compressors.

Wednesday, August 25th, 2021

Accident shutters 25% of Pemex production; Valero expands in Mexico; Pemex Uchukil exploration investment — HCM for 2021 08 25

The fatal accident and explosion on an oil platform of Pemex will have a big impact on its production figures in the short term; Valero expands with a fuel terminal; Pemex gets approval for changes to its Uchukil exploration program

Wednesday, August 25th, 2021

Hokchi inaugurates new plant; IEnova terminal still moving forward; Pemex suffers another accident in Campeche– HCM for 2021 08 24

Hokchi Energy inaugurates a new processing plant in its namesake field and looks to grow production through 2023; Despite rumors it had been cancelled, IEnova confirms its plans to build a fuel storage terminal Colima is still on track; Pemex suffers a fatal accident in the Campeche sound.

Tuesday, August 24th, 2021

Jaguar exploratory well; Pemex supplier halts operations over debt; Natural gas growth requires storage — HCM for 2021 08 23

Jaguar E&P has received approval from the CNH to drill an onshore exploratory well; One of Pemex main offshore drilling services firms has halted operations over the NOC’s unpaid bills; To sustain projected natural gas growth more storage is needed.

Monday, August 23rd, 2021

Eni boundary well approval; Talos Energy development plan for Zama; Propane delivery union ready to negotiate — HCM for 2021 08 20

Italy’s Eni gets approval for a boundary well; Talos Energy has prepared a development plan for the Zama field; Propane delivery workers are willing to negotiate to work directly with Gas Bienestar.

Thursday, August 19th, 2021

Propane profits cut; Pemex gets a handout; AMLO natural gas policy failures — HCM for 2021 08 19

Propane margins are down significantly after instituting price caps; Pemex gets a multi-billion dollar infusion for its loss-laden refining business; AMLO policies do nothing to address historical natural gas flaws.

Wednesday, August 18th, 2021