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.
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.
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).
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.
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.
BBVA-Bancomer Financial Group has established a program to defer payments without exceeding the original loan period. This support program will benefit 26 credits granted to natural or legal persons who are related to Pemex