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Diavaz signs over Ebano contract; Hokchi Evaluation Approval; Pemex refining down — HCM for 2021 06 17

Diavaz signs over its participation in the Ébano with Pemex for a Banorte loan; Hokchi Energy gets approval for an offshore evaluation program; Pemex posted the lowest refining output of 2021 in April.

Wednesday, June 16th, 2021

Deer Park subsidiary; Pemex US$ 100M claim; NOC Refining Grows — HCM for 2021 05 21

Pemex will absorb its subsidiary which participates in the Deer Park Refinery alliance with Shell, Pemex faces another claim from a US service provider, 15% refinery growth in March for Pemex.

Thursday, May 20th, 2021

Hydrocarbons Law Court Showdown; Legal Uncertainty Impact; Fuel Import Licenses – HCM for 2021 05 19

AMLO defended his Hydrocarbons Law after its suspension and promised to take it to the Supreme Court; Legal uncertainty is halting investment, says an industry leader; and the government has slashed the number of fuel import permits by 93%.

Tuesday, May 18th, 2021

Indefinite Halt to AMLO Law, Rule of Law, State Pemex Spending – HCM for 2021 05 18

Judge Gómez Fierro issued another blow to AMLO’s Hydrocarbons Law, A trade union blasts reform, Pemex tops state spending in Q1

Monday, May 17th, 2021

Pemex axing contracts; Exploration approval; Imported fuel rising – HCM for 2021 05 17

Cancel culture in Pemex as it moves on more private contracts, CNH approves Pemex exploration changes, Private fuel imports growing in 2021.

Saturday, May 15th, 2021

CRE Readies Title Grab, Pemex Proven Reserves, Tula Plant – HCM for 2021 05 14

The CRE has readied another round of title snatching from private firms, Pemex grew its proven reserves in 2020 and AMLO plans to resurrect Pemex’s Tula Coker plant

Thursday, May 13th, 2021

AMLO Blasts Judge, Targets Pemex-Shell agreement, Pemex Finance Risk – HCM for 2021 05 12

AMLO goes after the judge who has accepted injunctions against his Hydrocarbons Law, questioned a Pemex-Shell refinery agreement, and a report concluded Pemex’s drag on public finances will be reduced in 2021. 

Tuesday, May 11th, 2021

Good private investment, Pemex neutral, Immoral pensions – HCM for 2021 05 03

How about that! Private investment is good for Mexico; Moody’s says “Pemex no longer compensates the government for the support received”; and Pemex and CFE’s “immoral” pensions

Tuesday, May 4th, 2021

Inefficiency and pollution, Pozo Rico, Pemex disciplined – HCM for 2021 04 12

Pemex admits to inefficiency; CNH approves Pemex plans for Pozo Rico…; and Pemex to hold debt to US$105B in real terms

Monday, April 12th, 2021

Private production, February gas, Hokchi – HCM for 2021 04 07

Ok. We know. Non-Pemex production is still small; Gas consumption down in February but up in value; and Hokchi ups the ante

Wednesday, April 7th, 2021