Pemex continues to face a difficult operational and financial situation, affecting the entire Mexican energy sector. Sergio Suarez, Managing Director of Strategies at Marinsa, spoke about companies’ role in the NOC’s recovery process.
Shell announced its deep-water drilling plans in the Mexican part of the Gulf of Mexico. Martin Stauble, Vice President of Exploration for North America, spoke on this topic and the investment budget of the firm in Mexico.
Andres Manuel Lopez Obrador (AMLO), President of Mexico, suspended the oil rounds indefinitely, arguing that private companies were not investing in the country. Representatives of the sector talked about the private investment figures since the beginning of Energy Reform.
Andrés Manuel López Obrador (AMLO), President of Mexico, decided to indefinitely suspend the oil rounds and Pemex farm outs, arguing that private companies had not shown sufficiently interesting production results. However, the government is turning to private companies to carry out oil projects.
Andres Manuel Lopez Odrador (AMLO) and the Energy Secretary (Sener), Rocío Nahle, published a list of the fuel retailers that offer the highest and lowest gasoline prices in Mexico. Chevron (NYSE: CVX) talked about this list and the reasons for price levels in Mexico.
The firm spoke about the current investment situation in Mexico. Here are the details.
Andres Manuel Lopez Obrador (AMLO) asked oil companies to increase their investments and give quick results in the country. The private sector has responded positively to this request, and Cotemar Group announced its investment plans in Mexico, through its subsidiary Servicios de Extraction Petrolera Lifting de Mexico.