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Contract revision: an update

President Andrés Manuel López Obrador (AMLO) continues to review the contracts Pemex signed with companies. Here is what has happened so far.

Thursday, March 14th, 2019
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Private oil investment

Private oil investment

Andres Manuel Lopez Obrador (AMLO) has argued that private companies are not investing in the oil sector and he decided to indefinitely freeze new rounds because of this situation. However, foreign companies have made large investments in the sector in recent years.

Monday, March 11th, 2019
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New Amexhi General Director

The Mexican Association of Hydrocarbon Companies (Amexhi) announced Merlin Cochran as its new General Director. The association pointed out his experience in the oil sector. Cochran sent a message to the government.

Monday, March 11th, 2019
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Alpek’s plan

Alpek developed a block with gas potential in Burgos (Tamaulipas), seeking to integrate wet gas into its production.

Monday, March 11th, 2019
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Private companies oil production

Private companies oil production

The National Hydrocarbons Commission (CNH) reported private (non-Pemex) oil production in December 2018. The companies have been producing for a two years and a half in the country and current figures represent a small portion compared to Pemex metrics, but they have increased considerably in recent months.

Tuesday, March 5th, 2019
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Amexhi backs up Mexico’s energy entities

The Mexican Association of Hydrocarbon Companies (Amexhi) said that regulatory bodies should keep their autonomy.

Wednesday, February 27th, 2019
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New oil projects in Tamaulipas

New oil projects in Tamaulipas

Pemex operational and financial crisis affected the economy of producing regions in Mexico. However, Energy Reform allowed new players to enter the sector, and they are helping to recover the industry metrics and local economies.

Monday, February 25th, 2019
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Repsol projects in Mexico

Repsol (MSE: REP) announced new infrastructure projects to develop in Mexico. The company expects to increase the total storage and distribution capacity for hydrocarbons in the country.

 

Monday, February 18th, 2019
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BHP to invest in Trion

BHP to invest in Trion

BHP Billiton, in alliance with Pemex, is carrying out activities to develop the well-known Trion block. The company announced new investments in this important area located in the Gulf of Mexico.

Thursday, February 14th, 2019
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Pemex and oil companies to drill in Tamaulipas

The operational and financial crisis of Pemex has affected the producing regions of Mexico in recent years. However, the National Hydrocarbons Commission (CNH) said that the sector’s activities are recovering bit by bit and the industry is going to drill many wells in Tamaulipas.

Thursday, February 14th, 2019
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