Andres Manuel Lopez Obrador (AMLO) wants to reactivate the metrics of the refining sector quickly, awakening the interest of several investors and companies. Oscar Scolari Romero, CEO of Rengen, spoke about the firm’s plans in this sector.
Energy Reform has brought countless benefits for the Mexican economy. However, small companies in southern Tamaulipas are complaining about the reform not being fair for all.
The discovery of the field Zama field generated high expectations in the Mexican oil sector. Talos Energy announced an important measure in this important area for the country.
Renaissance Oil Corp. (TSX-V: ROE) announced its third quarter 2018 results. The company reported record revenue and operating netback. The firm highlighted advancement in the development of its projects in the country.
ExxonMobil’s (NYSE:XOM) E&P President, Enrique Hidalgo, said that the firm will participate in Mexico’s upcoming tenders, so long as AMLO decides to continue with them.
Sierra Oil & Gas announced an agreement with Deutsche Erdoel AG (DEA AG) with the aim of integrating Sierra’s business with the German firm. This pact includes the well-known Zama field.
CEO Carlos Morales spoke about the firm’s plans in Mexico with AMLO as the new president.
Pemex crisis has affected the Mexican oil regions, but local companies are preparing to take advantage of the opportunities offered by the new exploration and production contracts signed in past oil rounds. The Secretary of Economic and Port Development of Veracruz (Sedecop) is playing a key role in this process.
Pemex has 255 managers in strategic positions in the company, and several of them have recently resigned. This situation has created concerns within the NOC.
The National Hydrocarbons Commission (CNH) signed a contract with Pemex and its operating partner, Operadora de Campos DWF, from the Diavaz Group.
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