Andres Manuel Lopez Obrador (AMLO) has shown his dissatisfaction with the results of foreign investment in the oil sector. However, a large part of the committed investment will be developed during his term as president.
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.
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.
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.