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73 projects focused on transportation and logistics would be enacted in Southern Mexico

The Mexican government together with private sectors has made a big investment to start more than 73 projects in the southern part of the country. However, government officials have shown their dissatisfaction towards the plan.

Friday, November 11th, 2016
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US elections do not have an immediate impact, says Secretary of Finance

The election of Donald Trump as president of the United States has generated much debate and concerns. Some positions of the elect president could affect Mexico, but local politicians want to send a message of tranquility to the different economic sectors and the population.

Friday, November 11th, 2016
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Pemex is asked to provide maintenance services for its plants

The National Chamber of the Transformation Industry (Canacintra) demanded Pemex Industrial Transformation (PTI) and Pemex Etileno to release their budget and provide maintenance services for its plants in Cangrejera and Morelos petrochemical complexes.

Friday, November 11th, 2016
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Azerbaijan to sign Trade Agreement with Mexico

Azerbaijan’s oil fund sees a great investment opportunity in the Mexican oil sector. However, the fall in oil prices presents a challenge for the consolidation of an agreement.

Thursday, November 10th, 2016
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Municipal workers threaten to block Pemex´s offices if they are not paid

Municipalities of southern Veracruz filed for bankruptcy because of the lack of federal fund payments which led them to close all municipal offices and suspended their services.

Thursday, November 10th, 2016
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Mayors of Veracruz want a direct delivery of resources

Veracruz has been one of the most affected States by low oil prices. The zone is facing an economic crisis because of this. The mayors of municipalities argue that the situation has been tougher due to the Veracruz State government´s irresponsibility.

Thursday, November 10th, 2016
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Mayor of Moloacán wants to displace oil-workers

Omar Ricárdez Chong, Mayor of Moloacán, wants to move oil-workers from Villa Cuichapa next December. On this date, the Oil-Company Lifting will start operating. The firm has a contract to drill for the next thirty years.

Thursday, November 10th, 2016
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Mexican peso dropped as Trump became US President

Mexican peso fell by more than 13% after Trump’s victory in the US elections.

Thursday, November 10th, 2016
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Oil-Companies will face a difficult oil environment

Companies that obtained contracts in Round 1 have great challenges to face in the Mexican hydrocarbons sector. They reach a market that had a monopoly of decades and every change is tough to face.

Wednesday, November 9th, 2016
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Pan American Energy started to drill in the Hokchi-2 well

Mexico’s Energy Reform achieved a milestone this week; for the first time, Argentina-based Pan American Energy (PAE) — a non-Pemex operator– started to drill in the Hokchi-2 well.

Wednesday, November 9th, 2016
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