The Energy Regulatory Commission (CRE) is now reporting propane prices in the country. These increased substantially last year, causing much dissatisfaction and other economic consequences. This metric has been showing a decrease in recent months, but these are still high compared to previous year.
Sierra Oil & Gas announced an agreement with Deutsche Erdoel AG (DEA AG) with the aim of integrating Sierra’s business with the German firm. This pact includes the well-known Zama field.
Tabasco’s governor, Arturo Nuñez, said that the state is meant to be the “epicenter of Mexico’s oil recovery.”
AMLO officially took office and spoke about ‘huachicoleo’ (oil theft) during his speech in Mexico City. The development of these and other stories in our periodic Security summary.
Pemex reported the number of clandestine taps in its pipelines during September and the cumulative figure during this year. This problem decreased compared to previous month, but it is still at high levels.
AMLO officially took office and his team is taking over Mexico’s main entities. The new Secretary of Energy (Sener), Rocio Nahle, spoke about the process.
Enrique Peña Nieto (EPN), former president of Mexico, liberalized the gasoline market, with the promise of a reduction of prices. However, the opposite happened, causing social unrest. In addition, the Mexican Energy Council (Comener) gave its perspectives on the behavior of prices for the coming months.
CEO Carlos Morales spoke about the firm’s plans in Mexico with AMLO as the new president.
Enrique Peña Nieto (ENP) ended his term as president of Mexico recently, leaving Energy Reform as his main achievement in the oil sector. The EPN government established very challenging goals that it could not fulfill.
AMLO officially took office and spoke about his plans for Mexico. Here are the details.
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