Monday, November 11th, 2019
President Andres Manuel Lopez Obrador (AMLO) has been optimistic about Pemex’s situation, but the NOC’s results seem to prove him wrong.
CEO Octavio Romero met with Clay Neff, president of Chevron E&P (NYSE:CVX) for Africa and Latin America, to explore investment alternatives in Mexico.
Pemex and the government have been working on their security strategy to fight oil theft, but their efforts do not seem to be enough to stop this crime. The development of these and other stories in our periodic Security summary.
Pemex is in the middle of a crisis, despite aids announced by the government. Bad news seems to keep coming, this time, regarding fuel oil production.
Pemex Exploracion y Produccion (PEP) reported red numbers, after two years of reporting earnings.
Pemex reported its 3Q19 results, and one of the main surprises was a decrease in its debt. The Superior Audit of the Federation (ASF) spoke about this issue and the behavior of this metric during the past administration.
The Energy Regulatory Commission (CRE) reported propane prices for September 2019. This metric showed a small increase compared to August, but remained low compared to 2018 figures.
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