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Pemex is looking for its first partnership

The National Hydrocarbons Commission (CNH) approved the bases for the announcement of Trion block tender.

Tuesday, August 2nd, 2016

Pemex´s strategy to generate cash

Pemex is developing a strategy to get money with the aim to pay debts and increase exploration and production investment. It is a strategy to face the oil-crisis.

Friday, July 29th, 2016

Privates could have up to 80% of Natural Gas trading market

Market liberalization in Energy Sector Continues, and now it is time for Natural Gas. Pemex has up to four years to give to private companies 70% of the Natural Gas commercialization.

Thursday, July 28th, 2016

Pemex and the Petroleum Union reached an agreement

Pemex and the Oil Workers Union of the Mexican Republic (STPRM) arranged a 3.17% salary increase. This new agreement was made within the framework of the 2016 salary review, the social benefits also increased.

Tuesday, July 26th, 2016

Sierra Oil & Gas will begin to explore

The National Hydrocarbons Commission (CNH) recently approved the Sierra Oil & Gas´ exploration plan in blocks 2 and 7. The firm acquired the blocks during the first tender in Round One.

Tuesday, July 19th, 2016

Energex has big ambitions

The company Energy Group (Energex) plans to invest MXN$500M (approx. US$27.1M) to create a logistics and distribution system in different parts of Mexico.

Thursday, July 14th, 2016

FEMSA enters Mexico’s private fuel market

Last week FEMSA opened its first gas station in the city of San Pedro Garza García (Nuevo León). “Oxxo Gas” is the name that the company has chosen for its new strategic business unit.

Tuesday, July 12th, 2016

Renaissance suggests a new royalty structure for future rounds

Renaissance Oil, which feels proud to be the first private company to extract oil in Mexico after 70 years, considers that the royalty fee structure that it will pay to the state for oil production in the three blocks acquired in the Round One, generates too much pressure on the investments required to extract oil at great depths.

Friday, July 8th, 2016

Pemex keeps looking for partners

Pemex under José Antonio González Anaya seeks to continue opening to the world and, for the first time in the state-oil company’s history, is looking to join forces with foreign partners to explore oil both deep water fields and onshore.

Tuesday, July 5th, 2016

Pemex independents directors’ salaries

Being one of the five persons who advise Petróleos Mexicanos (Pemex) is a great benefit for their pockets. According to El Universal, during the past fifteen months, Pemex’s disbursed around MXN$ 14.4 million (Approx. US$ 791.1 thousand) to the Independent Directors for their services.

Friday, July 1st, 2016