Thursday, September 19th, 2019
President Andres Manuel Lopez Obrador’s (AMLO) government has shown optimism about Pemex. The NOC’s metrics, however, do not support this optimism.
TC Energy and IEnova are developing one of the most important infrastructure projects for Mexico; the Texas-Tuxpan gas pipeline. The companies announced important news about this project.
The government’s lack of clear environmental policies led to a cut in Pemex’s and the Energy Secretariat’s (Sener) budget.
President Andres Manuel Lopez Obrador (AMLO) announced the development of 20 priority fields as the main strategy to increase the country’s oil production. Pemex confirmed the investment budget for 16 of these areas.
An important segment of Pemex’s tanker truck fleet, which transports fuels like gasoline and diesel, is currently out of operation.
Pemex opened the door to mixing ethanol with Magna fuel, as of next year.
President Andres Manuel Lopez Obrador (AMLO) is committed to solving the Pemex crisis and his government has taken several steps to achieve it. The President announced a new aid, and rating agencies spoke about this action.
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