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INEGI on oil sector

Monday, June 18th, 2018

The Mexican government promoted Energy Reform with the goal of recovering the oil sector metrics in Mexico. The National Institute of Statistics and Geography (INEGI) analyzed the behavior of the sector in recent years, with worrying results, despite the implementation of the reform.

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Pemex rig count

Pemex rig count

Pemex published the number of drill rigs in operation during April 2018. This important metric is still at historically low levels, but the company reported an improvement.

Thursday, June 14th, 2018
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Barclays on controlling fuel prices

Mexico has been discussing fuel prices since early last year when the government decided to let the market set them freely. This generated the well-known ‘Gasolinazo’, affecting Mexicans’ pocketbooks and some presidential candidates have proposed returning to a regulated system. The British Bank Barclays spoke about this possibility and its possible consequences in the country.

Thursday, June 14th, 2018
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Pemex investments in Tabasco, at risk?

According to industry experts, during the last 5 years, Pemex stopped investing in Tabasco, mainly in E&P activities, which create the most jobs.

Thursday, June 14th, 2018
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Bittersweet feeling for CSR projects this month

Pemex reported positive results in some of the projects that is currently developing in Hidalgo and Potosí, but communities blocked the NOC’s facilities in Guerrero and Tabasco. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

Thursday, June 14th, 2018
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Number of clandestine taps increase

Number of clandestine taps increase

Pemex reported the number of clandestine taps in its pipelines during April and the cumulative figure during this year. This problem is breaching all records, affecting Pemex finances and operations.

Wednesday, June 13th, 2018
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Petrobal ready to produce in Mexico

Oil rounds carried out by the National Hydrocarbons Commission (CNH) continue to produce results for the country. Petrobal, a subsidiary of Grupo Bal, announced its investment plan for the fields won in Round 1.2.

Wednesday, June 13th, 2018
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