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Pemex plan to increase reserves

Pemex plan to increase reserves

Pemex is facing a difficult financial and operational situation, but has shown its optimism about the future, thanks to recent help from the government. The NOC announced its goals for proven reserves for the next five years.

Monday, June 10th, 2019
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Pemex’s new field

The National Hydrocarbons Commission (CNH) approved Pemex Exploración y Producción’s (PEP) plans to develop a new area. Here are the details.

 

Monday, June 10th, 2019
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IEnova investment plan in Mexico

Energy Reform allowed new players to enter the energy market and private companies have big investment plans for the country. IEnova announced its investment budget for its gas pipeline network in Mexico.

 

Monday, June 10th, 2019
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Discussion about new refinery continues

Discussion about new refinery continues

The government of Andres Manuel Lopez Obrador (AMLO) continues to insist on the construction of a new refinery in Dos Bocas. Rocio Nahle, Secretary of Energy (Sener) and the private sector talked about this issue.

Thursday, June 6th, 2019
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Zepeda’s plan for Pemex

Juan Carlos Zepeda, President of the National Hydrocarbons Commission (CNH), suggested that Pemex to create a new subsidiary, following the Chinese model, to leverage the results of round zero.

Thursday, June 6th, 2019
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“Pemex lacks structure against corruption”: Arzate

In her most recent Op-Ed for Forbes, Esther Arzate spoke about how the detention of former CEO, Emilio Lozoya, explains irregularities within Pemex.

Thursday, June 6th, 2019
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CNH on Pemex’s plans

CNH on Pemex’s plans

The National Hydrocarbons Commission (CNH) spoke about Pemex’s plans to develop the 20 fields considered key to achieving the production goals of the Andrés Manuel López Obrador (AMLO) government. The conclusions are not very encouraging.

Wednesday, June 5th, 2019
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Pemex reduces infrastructure investment

As if the NOC did not have enough problems, authorities recently reported that what they catalogued as “physical investment” was drastically reduced this year.

Wednesday, June 5th, 2019
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Banxico comments

The government of Andrés Manuel López Obrador (AMLO) has shown his optimism about Pemex’s future, thanks to the assistance announced in recent months. However, experts and entities do not share his optimism. The Bank of Mexico (Banxico) spoke about the NOC’s situation and its effects on the Mexican economy.

Wednesday, June 5th, 2019
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Expert opinion on AMLO’s plans

Expert opinion on AMLO’s plans

Andrés Manuel López Obrador (AMLO), President of Mexico, has announced several measures to solve the Pemex crisis, but many of these have generated some concerns among experts in the sector. Gabriela Soni, Investment Manager of UBS Asesores, spoke about Pemex, the government aid effects and the new refinery project.

Tuesday, June 4th, 2019
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