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Private oil contracts benefits

Private oil contracts benefits

Andrés Manuel López Obrador (AMLO), President of Mexico, has  rejected Energy Reform and the oil rounds. He criticized the contracts signed in past auctions, but his government is benefiting from these processes.

Thursday, August 15th, 2019
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Pemex will receive new areas

The National Hydrocarbons Commission (CNH) confirmed that the NOC will receive 64 additional exploration assignments.

Thursday, August 15th, 2019
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Pemex is close to losing the Round Zero fields

Pemex is close to losing the Round Zero fields

Energy Reform allowed the entry of new players to the Mexican oil sector, but authorities awarded the best areas to Pemex in Round Zero anyway. The NOC promised to make large investments in these blocks, but the time is running out to achieve them.

Monday, August 12th, 2019
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Will firms trust the government from now on?

The National Hydrocarbons Commission (CNH) approved Pemex’s plan to explore an onshore field and develop unconventional resources. Here is what the government had to say.

Monday, July 1st, 2019
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More areas for fracking?

The possible development of unconventional projects has generated controversy in the country due to the concerns about these techniques. Andrés Manuel López Obrador (AMLO) has ruled out the implementation of fracking in Mexico. However, the Secretary of Energy (Sener) published its five-year plan, increasing the areas available for these projects.

Saturday, March 23rd, 2019
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Pemex auctions

Andres Manuel Lopez Obrador (AMLO), President of Mexico, continues to announce measures to solve the financial and operational crisis of Pemex. Octavio Romero Oropeza, CEO of Pemex, spoke about the awarding of new oil contracts.

Wednesday, February 27th, 2019
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First oil contracts in AMLO’s administration

Andrés Manuel López Obrador (AMLO) began its strategy to recover the oil sector metrics with a closed auction of oil services. Authorities announced the first winners in this process.

 

Thursday, February 7th, 2019
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New agreement on offshore block

New agreement on offshore block

The National Hydrocarbons Commission (CNH) approved an agreement between PC Carigali (subsidiary of Petronas) and China Offshore Oil Corporation (NYSE: CEO) on a block awarded in Round 1.4.

Tuesday, February 5th, 2019
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Oil contracts

Enrique Peña Nieto (EPN), former President of Mexico, promoted Energy Reform with the promise of reactivating oil production in a short time. His government made three Rounds signing several contracts, but few agreements have given results so far.

Thursday, January 17th, 2019
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AMLO: “Everyone behave well”

Andrés Manuel López Obrador (AMLO) gave a major oil and gas policy speech (in Campeche of course) where he set the goals for his presidency and suggested private investment might have a role, but only if it ‘behaved well’.

Tuesday, December 18th, 2018
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