Pemex published production figures for October, reporting a new decrease in this month. The firm had reported an increase in September, but the firm lost the ground gained this month, reaching historical low levels.
President-elect Andres Manuel Lopez Obrador (AMLO) wants to reactivate and boost the growth and development of the Mexican energy sector. He has announced his working group for this sector, which is characterized by having unusual profiles for the positions.
An investigation by Mexico’s Naval Secretariat (Semar) and the Secretary of Public Security (SSP) says that one of the country’s biggest ‘oil theft’ lords has the NOC’s protection. The development of these and other stories in our periodic Security summary.
Once again, polarizing opinions are being taken as facts. This time, Deputy Gerardo Fernández spoke about why fracking needs to be banned in Mexico. The development of these and more stories in our periodic Eco summary.
The election of Andres Manuel Lopez Obrador (AMLO) created much concern between investors due to his proposals against private investment, especially in the oil industry. Total Foreign Direct Investment (FDI) decreased during the third quarter of 2018, but this metric showed a positive behavior in the oil sector, despite concerns.