Thursday, July 18th, 2019
The Mexican government has shown its intention to support Pemex to solve its current crisis. The Latin American Committee of Financial Affairs (CLAAF) spoke about the government’s priorities to help Pemex.
Andrés Manuel López Obrador (AMLO), President of Mexico, has generated much controversy for his policies for the energy sector. However, some companies have shown their support for his positions.
Members of Mexico’s National Guard (GN) will be in charge of monitoring the NOC’s onshore and offshore infrastructure, CEO Octavio Romero said.
Pemex announced the National Hydrocarbons Plan (PNH) with challenging goals. However, the NOC has reported few advances in its drilling plans.
The government of Andrés Manuel López Obrador (AMLO) is making Pemex’s rescue a priority; something that, although will help improve the NOC’s finances, might have a negative effect on the national economy.
Pemex will invest US$58M to drill a new exploratory well in Tabasco, the National Hydrocarbons Commission (CNH) said.
Arturo Herrera was appointed as the new Secretary of Finance and Public Credit (SHCP), after the resignation of Carlos Urzúa. Herrera faces several challenges and Pemex stands out as one of the most relevant.
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