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Big companies agreed to bid together to drill in Mexico

Upcoming tenders to explore in Mexico´s deepwater areas will be held very soon (Dec. 5). There are beginning to emerge some rumours about the companies concerned and possible alliances.

Thursday, September 1st, 2016
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Pemex has international plans

Pemex is planning to open service stations with its image in other countries. It has the aim of diversifying its markets and start having new revenue resources. Pemex is seeking alternatives to face its difficult financial situation to remain economically viable.

Wednesday, August 31st, 2016
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Pemex’s current situation could get worse

The continuing decline in production could aggravated Pemex´s financial situation. According to a report in El Financiero, the company production could fall to 1.6mmbbl in 2020, due to the company does not have the resources or technology to modernize the oldest fields.

Thursday, August 25th, 2016
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Few Private equity firms are looking to invest in Latin American oil sector

Only 26% of 100 operational managers and private equity firms worldwide (who have invested in oil during the last two years), showed interest to invest in the next 12 to 24 months, in the Latin America oil sector, according to a survey of the consulting agency Ernst & Young (EY).

Thursday, August 25th, 2016
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Pemex is close to 100 thousand pensioners

Pemex is close to 100 thousand pensioners

The oil company reported 97.474 retirees during 2015, representing a 12% increase compared to previous year, according to the sustainability report 2015. The graph shows the pensioners distribution over the past 5 years.

Wednesday, August 24th, 2016
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Geothermal Energy an attractive but risky option

Within the growing interest in the alternative energies use, Geothermal Energy has attracted attention for its benefits if it is properly used.

Friday, August 19th, 2016
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Pemex reduces polluting gases´ emissions

In 2015, Pemex reduced Greenhouse gases emissions by 6.3% compared with 2014.

Wednesday, August 17th, 2016
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Pemex receives help from the SHCP

The Secretariat of Finance and Public Credit (SHCP) will provide to Pemex MXN$184.2B (US$10B), as an aid of the Federal Government. The organization will destine this amount to reduce labour liabilities.

Tuesday, August 16th, 2016
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Solar Energy will increase in Mexico

Energy reform seeks that alternative energies have an important role in the country. The reform stipulates that at least 5% of energy supply must come from renewable resources, in 2018.

Wednesday, August 10th, 2016
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Companies interested in Trion

Last week, we mentioned that the National Hydrocarbons Commission (CNH) approved the bases for the block tender. After the CNH´s announced, speculations has grown about which companies would work with Pemex.

Wednesday, August 10th, 2016
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