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Canadian companies want to invest in pipelines

Canadian companies want to invest in pipeline´s construction in Mexico. They also believe that renewable energy sector is a good option.

Tuesday, November 8th, 2016
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Layoff continues in the hydrocarbons industry

Mexico’s oil industry continues to suffer problems with low oil prices. Thousands of people have lost their jobs. The Mexican government has created plans to address this situation but they have not been enough.

Wednesday, November 2nd, 2016
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Pemex bad performance is affecting the chemical industry

The continued drop in oil and natural gas production has caused supply shortages in the Mexican chemical sector, according to a report in El Mañana.

Tuesday, November 1st, 2016
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Texaco will operate in Mexico

Chevron is looking to enter in the Mexican fuels market with its subsidiary Texaco in the second quarter of 2017. The US Company will do it through the Mexican chain Fullgas.

Friday, October 28th, 2016
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Pemex will submit an “aggressive” business plan, says Peña Nieto

The Mexican President, Enrique Peña Nieto said the State-Company would release an aggressive business plan for 2017 in coming weeks. This plan aims to turn Pemex into a viable and profitable company.

Friday, October 28th, 2016
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Pemex news

The Federal Competition Commission (Cofece) could fine to Pemex industrial transformation (Pemex TRI) for making monopolistic practices, according to a report in Expansión.

Thursday, October 27th, 2016
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Privates´ crude production

The Oil-Companies, who started working in the country after Round 1.3, are beginning to report their production data. Twelve contracts are providing oil to the country.

Tuesday, October 25th, 2016
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Pemex could not have resources for offshore projects

If the authorities approve the Draft Federal Expenditure, Pemex could run out of budget to work in the Gulf of Mexico next year, according to a report in Entorno Inteligente.

Monday, October 24th, 2016
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Companies form alliances to create own gasoline brands

The Energy reform will allow full liberalization of the gas market in Mexico. Business groups of gasoline are formalizing agreements to create their own brands, according to El Sol de México. They also want to create sales schemes across the whole logistics chain of fuels.

Monday, October 24th, 2016
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Pemex seeks to refinance a credit

The State-Company is seeking to refinance a US$250M. It could cost 1% higher than current interest rate, according to a report in El Financiero. An anonymous person, who is working in the operation, gave the information.

Friday, October 21st, 2016
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