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Sener hands Zama to Pemex; AMLO gets a win on electrical reform; Pemex 2020 emissions — HCM for 2021 07 07

Sener ruled that Pemex, not Talos Energy, should be in charge of the operation of the Zama discovery; AMLO got some relief on his electrical reforms after an injunction was lifted; Pemex greenhouse gas emissions grew in 2020

Tuesday, July 6th, 2021
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Pemex “Eye of Fire”; AMLO Energy Policies Stagnated; US pressure to reject Deer Park purchase — HCM for 2021 07 06

Pemex got attention for all the wrong reasons as a fire on its gas pipeline in the Campeche Sound garnered attention and questions about the NOC and its operation from around the world, Three years into AMLO’s term and energy policy looks halted; A US congressman called on US authorities to deny Pemex’s planned takeover of the Deer Park Refinery.

Monday, July 5th, 2021
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CRE favors Pemex; NOC Covid cases; Audit snags Pemex irregularities — HCM for 2021 07 05

A tally of projects presented to the CRE shows a regulator approving everything from Pemex and denying permits to private companies; Pemex Covid-19 cases and deaths; A state audit finds Pemex failed to apply fines on the contractor of an offshore pipeline project.

Friday, July 2nd, 2021
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Pemex priority fields not delivering; Pemex crude sales up; Moody’s warns on Deer Park, Dos Bocas — HCM for 2021 07 02

Pemex’s strategy to increase production at a list of priority fields is not delivering the needed results; Pemex’s crude sales soar in May on better oil prices; Deer Park, Dos Bocas could continue to tank Pemex financial position says Moody’s

Thursday, July 1st, 2021
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Pemex fuel business; the impact of AMLO — HCM Monthly for 2021 07 01

We have moved into the second half of 2021, and looking back on June, the debate over Pemex’s fuel policies and ambitions and the impact of AMLO’s ideology on the NOC’s business stood out.

Wednesday, June 30th, 2021
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Illegal fuel taps grow on Pemex lines; Pemex gasoline production grows in May; Pemex, IMP working on joint project to reduce fuel emissions — HCM for 2021 06 30

The number of illegal interventions in Pemex’s fuel pipelines grew through April; Pemex gasoline production also grew in May; Pemex and the Mexican Petroleum Institute work on a joint project for transportation fuels.

Tuesday, June 29th, 2021
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Talos accepts Pemex ownership of Zama; Supreme Court throws out challenge of AMLO’s reform; New Wintershall manager — HCM for 2021 06 29

Talos Energy has accepted Pemex’s majority ownership of its Zama discovery; Mexico’s Supreme Court tossed out a challenge of AMLO’s Hydrocarbons Law over how the signatures of the presenting Senators were handled; Wintershall Mexico taps a new general manager.

Monday, June 28th, 2021
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Crude exports lowest in 20 years; Pemex’s excessive, unspecialized headcount; Refining Divestment — HCM for 2021 06 28

Crude exports out of Mexico have fallen to their lowest level in 20 years; Pemex lacks specialists and has too many workers; the NOC is missing an opportunity to divest its refining assets.

Friday, June 25th, 2021
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Private E&P investments reach US$ 7.49B through May 2021; Slight recovery of fiscal contributions from hydrocarbons; Association says export/import changes unfairly benefit Pemex, CFE — HCM for 2021 06 25

Private investments in E&P have reached nearly US$7.5B between 2015 and May 2021; Signs of improvement in the fiscal intake of hydrocarbon contributions as of March 2021; A business association warns changes to import/export rules unfairly benefit the NOC.

Friday, June 25th, 2021
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Natural gas import costs soar; Pemex to invest in priority field; Pemex: Deer Park to help avoid shortages– HCM for 2021 06 24

Natural gas shortages in Texas contributed to substantial cost increases for importing natural gas; Pemex will invest in a well in one of AMLO’s priority fields; Pemex’s chief says the Deer Park purchase will help avoid fuel shortages in Mexico.

Wednesday, June 23rd, 2021
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