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Government to increase oil production and exports

Government to increase oil production and exports

Andres Manuel Lopez Obrador (AMLO) wants to recover Pemex’s metrics quickly, and he has showed his confidence in the NOC’s short-term performance. The Ministry of Finance and Public Credit (SHCP) announced oil production and export expectations for 2020.

Thursday, April 4th, 2019
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Pemex Board of Directors vs AMLO?

Three members of the Pemex Board of Directors plan to present their resignations in the coming weeks, and this situation generated speculation about their possible reasons for quitting.

 

Thursday, April 4th, 2019
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Pemex has a new union

Carlos Romero Deschamps, the controversial leader of Pemex’s Mexican Republic Oil Workers Union (STPRM) since 1993, now has competition. Here are the details. These and other stories in our periodic summary of labor-related issues.

 

Thursday, April 4th, 2019
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Pemex revenues decrease

Pemex revenues decrease

Andrés Manuel López Obrador (AMLO) has announced several measures to help Pemex and solve the crisis in the oil sector. However, the situation of the NOC remains critical, without signs of a recovery.

Wednesday, April 3rd, 2019
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Marathon Petroleum arrives in Mexico

The firm announced investments in the country, aimed at boosting the national retail industry.

 

Wednesday, April 3rd, 2019
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Communities complain about Pemex

Aside from dealing with financial issues, the NOC is now faced with the ‘anger of communities’, who argue that the firm has not complied with its social responsibilities in rural areas. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

 

Wednesday, April 3rd, 2019
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CNH on natural gas reserves

CNH on natural gas reserves

The National Hydrocarbons Commission (CNH) spoke about the potential of natural gas reserves in the country and the role of the oil rounds to leverage it.

Tuesday, April 2nd, 2019
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“Pemex will be more efficient than foreign firms”: AMLO

President Andrés Manuel Lopez Obrador (AMLO) said that the neoliberal policies implemented by previous administrations negatively affected the industry, but called on Mexicans not to worry about it because he came to ‘save Pemex.’

 

Tuesday, April 2nd, 2019
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The oil sector’s future

The government of Andrés Manuel López Obrador (AMLO) has proposed reactivating the energy sector due to the country’s great potential in this area. However, the announced plans have not convinced the market, creating concerns about the industry’s future.

 

Tuesday, April 2nd, 2019
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Pemex fuel production in February

Pemex fuel production in February

Pemex reported its production for February 2019, and it started to recover some of the lost ground in previous years. In addition, Chevron (NYSE: CVX) talked about the fuel market future with the new government and its plans in the country.

Monday, April 1st, 2019
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