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Private oil production increases

Privates companies that are extracting oil on Mexican soil, have increased their production around 22.5% in just two months.

Thursday, September 15th, 2016
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Mexico and Brazil sign cooperation agreement

The National Hydrocarbons Commission (CNH) and the National Petroleum, Natural Gas and Biofuels Agency (ANP) of Brazil signed a technical cooperation agreement, according to a press release of the CNH.

Wednesday, September 14th, 2016
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Pemex receives Platform Support Vessel

Pemex received a ship called “Pemex Reform”, recently in a private ceremony in Vigo, in the community of Galicia (Spain), a report in El Financiero mentions. It will be used to accommodate oil platforms workers.

Monday, September 12th, 2016
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Federal Government will cut Pemex´s budget in 2017

The Federal Government is seeking to reduce public spending. The new Secretariat of Finance and Public Credit, José Antonio Meade, said that the economic package for 2017, envisages a reduction of MXN$100B for Pemex budget.

Monday, September 12th, 2016
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It’s been seven months since González Anaya came to Pemex

José Antonio González Anaya became director of Pemex seven months ago and he says that during this time in charge of the state-company, he fells proud to have succeeded in launching the first farm-out for Trion field.

Wednesday, September 7th, 2016
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Pemex must prove that it is self-sufficient

It is not a secret that Pemex is in a delicate moment in financial and operational terms. Some rating agencies say the company should prove that it can be viable economically in the coming years.

Tuesday, September 6th, 2016
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Pemex performs security operations to recover stolen hydrocarbon

In a press release, Pemex assures that recovered almost 200,000 litres of hydrocarbon stolen. This was the result of a joint effort with federal, state and municipal authorities and the Secretariat of National Defence. The oil-firm highlights eight people who were involved in this kind of crime were capture.

Monday, September 5th, 2016
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Arab investors are interested in Mexico

Arab investors are looking to sectors like Energy and Tourism. According to a report in Forbes Mexico, private funds and sovereign capital of United Arab Emirates (UAE), Qatar, Kuwait and Saudi Arabia are interested in the country.

Friday, September 2nd, 2016
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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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