Energy Reform allowed the entry of new players to the Mexican oil sector and companies have been announcing their plans. PC Carigali spoke about its investment plans in the Mexican part of the Gulf of Mexico.
The NOC just announced its most recent investment, to develop a project in Tabasco. Here are the details.
Pemex announced its financial and operational results for the second quarter of this year, highlighting actions to stabilize production, thanks to its business plan. However, the company had poor overall performance in its financial results.
The Center for Economic Studies of the Private Sector (CEESP) described the recent governmental Agreement to boost the energy sector as a “good sign”, but called for clear rules in the sector.
President Andrés Manuel López Obrador (AMLO) said that Pemex’s donations to NGO’s would stop during his government. Investigations show the opposite.
Pemex is facing a difficult operational and financial situation, which has affected its oil and natural gas production metrics. However, the NOC plans to offer service contracts to develop natural gas projects in the State of Nuevo Leon.
Pemex presented its business plan for the coming years, generating different reactions among experts, investors and political parties. The National Action Political Party (PAN) gave its opinion on this strategy and made a request.
Members of the Mexican Republic Oil Workers Union (STPRM) endorsed the expulsion of President Carlos Romero Deschamps. These and other stories in our periodic summary of labor-related issues.
Energy Reform allowed the entry of new players to the Mexican oil sector, but authorities awarded the best areas to Pemex in Round Zero anyway. The NOC promised to make large investments in these blocks, but has not been able to meet its commitments.
Italy’s Eni announced investments to develop offshore projects in the Gulf of Mexico. Here are the details.
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