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Tuesday, August 22nd, 2017

The Ministry of Finance and Public Credit (SHCP) announced fiscal measures to boost the oil sector, benefiting Pemex and its partners.

Recent News

“Now we are going for the mining and geothermal industries”: Zoque community

The Zoque indigenous group spoke on the fact that the Energy Secretariat (Sener) requested contractual areas 10 and 11 to be excluded from the Round 2.2.

Friday, August 18th, 2017
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Cotemar to invest in oil projects

Mexico’s oil services company Cotemar announced its plans for coming years in Mexico. Alejandro Villarreal, Executive President of Cotemar, talked about the firm’s projects and its goals.

Friday, August 18th, 2017
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STPRM is accused of corruption

The controversial Mexican Republic of Oil Workers Union(STPRM) made headlines again. This time, the union refused to make public its contracts and agreements with Pemex, and it became known that its president Carlos Romero Deschamps receives MXN$16.8M from Pemex every month. These and other stories in our periodic summary of labor-related issues.

Friday, August 18th, 2017
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Pemex fails to meet Round Zero goals

Pemex fails to meet Round Zero goals

The Mexican government granted several blocks in Round Zero to Pemex to guarantee that the company continued to be the main player in the oil sector after Energy Reform. The company also acquired goals for these blocks but the firm has failed to meet most of them.

Thursday, August 17th, 2017
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Competition in the Latin American oil industry is increasing

Latin American countries aim to boost their oil industry, and they are making changes to achieve it. Many heavy weights have shown their interest in the region. Competition is increasing, governments are planning their strategies and companies are analyzing the most attractive alternatives.

Thursday, August 17th, 2017
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Pemex wants to exchange oil

Mexico needs lighter oil to increase processing and distillation levels at a number of plants that are struggling to increase their profitability, said Pemex Industrial Transformation Manager Carlos Murrieta.

Thursday, August 17th, 2017
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