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Pemex increases refining, but sales fall

President Andres Manuel Lopez Obrador (AMLO) is betting on refining as a strategy to deal with low oil prices. Pemex’s results, however, do not seem to match the government’s plans.

Wednesday, May 13th, 2020
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Pemex producing cost

Pemex producing cost

President Andres Manuel Lopez Obrador (AMLO) promised to change the Pemex’s bad numbers in the short term, yet the NOC made little to no positive progress during his first year as President.

Tuesday, May 12th, 2020
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Pemex’s debts

The NOC’s issues keep growing, and so do its debts to suppliers. Here are the details.

Tuesday, May 12th, 2020
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Pemex’s franchise in 2020

This is how the NOC’s retail sector has changed, ever since Energy Reform was approved.

Tuesday, May 12th, 2020
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Pemex 1P reserves

Pemex 1P reserves

The NOC increased its oil and gas proven reserves (1P) during 2019.

Monday, May 11th, 2020
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Zama well: an update

The National Hydrocarbons Commission (CNH) confirmed that the shared reservoir of the Zama field has hydraulic connectivity between the Pemex and Talos Energy contracts.

Monday, May 11th, 2020
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Production goal

Pemex Exploración y Producción (PEP) announced changes to its production plans for this year.

Monday, May 11th, 2020
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Repsol’s new discovery

Repsol’s new discovery

Repsol announced the discovery of two deep water oil deposits in the Gulf of Mexico.

 

Thursday, May 7th, 2020
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The Financial Times talks Pemex

The newspaper criticized the energy policy of President Andrés Manuel López Obrador (AMLO).

 

Thursday, May 7th, 2020
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Pemex on plans for 2020

Pemex said that every decision made in 2019 was necessary to keep its operational activities going, but it does not rule out changes for its 2020 Business Plan. Here are the details.

Thursday, May 7th, 2020
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