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Petrochemical production problems

Pemex reported its petrochemical production during the second quarter of this year, showing a poor performance. This metric has been steadily declining since 2017.

Tuesday, August 20th, 2019
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CCEC on Service Contracts

The Carmen Business Coordinating Council (CCEC) spoke about the benefits that Pemex’s Service Contracts will bring.

Tuesday, August 20th, 2019
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Private oil contracts benefits

Private oil contracts benefits

Andrés Manuel López Obrador (AMLO), President of Mexico, has  rejected Energy Reform and the oil rounds. He criticized the contracts signed in past auctions, but his government is benefiting from these processes.

Thursday, August 15th, 2019
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Pemex will receive new areas

The National Hydrocarbons Commission (CNH) confirmed that the NOC will receive 64 additional exploration assignments.

Thursday, August 15th, 2019
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AMGN warns about gas shortage

Business owners and communities of 12 Mexican states live without access to natural gas, the Mexican Association of Natural Gas (AMGN) said.

Thursday, August 15th, 2019
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Expectations for development plans

Expectations for development plans

Pemex announced the development of 22 oil fields over the coming years as the main strategy to reverse the downward tendency in its oil production. The NOC has high expectations in these areas for the short term.

Wednesday, August 14th, 2019
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Tenaris 2Q19 results

The steel company Tenaris announced its operational and financial results for the second quarter of 2019. The company reported increased revenues thanks to Pemex’s new strategy of offering service contracts and to Energy Reform.

Wednesday, August 14th, 2019
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IIF talks Pemex

The Institute of International Finance (IIF) published a document saying that a more productive Pemex could help reduce Mexico’s fiscal deficit.

Wednesday, August 14th, 2019
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Pemex is losing the gasoline market

Pemex is losing the gasoline market

Energy Reform allowed the entry of new competitors to the Mexican energy market, through free competition. Several brands announced their plans for the gasoline sector and the results have been satisfactory, while Pemex has lagged behind in this new scenario.

Tuesday, August 13th, 2019
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CNH on Pemex farm-outs

The National Hydrocarbons Commission (CNH) spoke about investments in Pemex’s existing farm-outs. Here are the details.

Tuesday, August 13th, 2019
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