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Tax burden in priority fields

Tax burden in priority fields

The Mexican government has announced several measures to help Pemex, starting with a lower tax burden. However, it seems like this will not happen in priority fields.

Thursday, August 22nd, 2019
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Companies and renewable energies

Top global firms have started to show interest in the development of renewable energies, while Pemex keeps focused on boosting oil production.

 

Thursday, August 22nd, 2019
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Pemex retail contradiction

Higher gasoline prices increased Pemex’s revenues, but the NOC keeps paying more for imports. The development of these and more stories in our periodic Retail summary.

 

Thursday, August 22nd, 2019
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Huachicol statistical controversy

Huachicol statistical controversy

Fuel and oil theft have affected the performance of the Mexican oil sector. Pemex and the Attorney General’s Office (FGR) disagree on how big the problem really is.

Wednesday, August 21st, 2019
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SHCP’s plan

This is how the Ministry of Finance and Public Credit (SHCP) is working to boost Pemex’s production.

 

Wednesday, August 21st, 2019
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New development plans

Pemex wants to change the negative trend in its oil production as soon as possible, and expectations are focused in 20 priority fields. The National Hydrocarbons Commission (CNH) ruled on the development plan for two of these areas.

 

Wednesday, August 21st, 2019
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Pemex exports decreased

Pemex exports decreased

Pemex is reporting poor oil production, affecting its exports. The firm reported oil export figures for June this year and these showed a negative behavior compared to previous month. The firm is exporting less than 1,000mbd. Shipments decreased to all regions.

Tuesday, August 20th, 2019
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More investments by private players

The government was heavily criticized after presenting Pemex’s Business Plan. The National Hydrocarbons Commission (CNH), however, announced important upcoming investments.

 

Tuesday, August 20th, 2019
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Conditions for Dos Bocas

Mexico’s Security, Energy and Environmental Agency (ASEA) granted Pemex a license to develop the Dos Bocas refinery, so long as the firm complies with these requirements. The development of these and more stories in our periodic Eco summary.

 

Tuesday, August 20th, 2019
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Pemex main producing blocks

Pemex main producing blocks

Pemex is facing a crisis in its oil production, as the company has been producing below 2,000mbd and it has many operational problems. The NOC announced a plan to develop 22 fields, generating little enthusiasm among experts. Concerns continue because its production is concentrated in only a few blocks.

Tuesday, August 20th, 2019
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