Pemex and companies keep reporting economic losses due to oil theft.
Dario Celis spoke about Pemex’s financial and corruption issues, in his most recent Op-ed for El Financiero.
The NOC reduced its security budget, cutting down its payments to the Army and the Marine Secretary (Semar). The development of these and other stories in our periodic Security summary.
Italy’s ENI announced a new discovery on the coast of Mexico, with positive preliminary estimates.
The NOC spoke about the investments it made in some of its areas during 2019, where the firm did not meet 100% of its commitments.
Pemex got the green light from the National Hydrocarbons Commission (CNH) to invest in two wells off the coast of Tabasco.
The government of Andrés Manuel López Obrador (AMLO) has worked to improve Pemex’s prospects. The petrochemical sector is one of the NOC’s biggest challenges at the moment.
The NOC started signing contracts with service companies to develop new priority fields, CEO Octavio Romero said.
Lack of infrastructure still has companies in the retail sector relying on Pemex. This is what firms like IEnova are doing to fix the issue.
The President of Mexico’s Energy Commission, Manuel Rodríguez, made a request to companies that won oil rounds in the past.
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