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Pemex will invest in gas

The Mexican firm has had to adapt to the new environment of low oil price. This process has not been easy for the company; it has faced large budget cuts. Due to the cuts, the company could not meet the goal to achieve a 98% of gas use. Pemex hopes to achieve it in coming years.

Wednesday, November 16th, 2016
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Mexico becomes the main supplier of oil to Spain

According to statistics from the Corporation for Strategic Reserves of Petroleum Products (Cores), Mexico produced 6.576 kilotonnes (kt) of oil for Spain in 2016.

Wednesday, November 16th, 2016
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Mexican economy boosted by oil stability

Mexico’s oil production represents only a third of its actual potential. With the new explorations that are taking place in Campeche, this state will occupy an important place in the oil industry.

Tuesday, November 15th, 2016
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Gasoline Price liberalization begins in February

Mexican authorities have talked a lot about the gasoline price liberalization. They planned to begin it in 2018. The government advanced the program to start the liberalization next year. The process will be by regions and begins in February.

Tuesday, November 15th, 2016
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Mexican peso dropped as Trump became US President

Mexican peso fell by more than 13% after Trump’s victory in the US elections.

Thursday, November 10th, 2016
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Fuel prices will increase, says Citibanamex

Mexican authorities has said that liberalization of fuels market will help to reduce prices in Mexico. It would beneficiate the final consumer, they highlighted. However, Citibanamex believes the opposite.

Tuesday, November 8th, 2016
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Mexico faces a new Energy Reform

Jesús Padilla Zenteno, President of Coparmex in Mexico City, said Mexico’s Energy Reform is hurting the productive and social sectors.

Friday, November 4th, 2016
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Mexican economy affected by the fall in oil prices and production

The main domestic risks faced by the Mexican economy in terms of growth and stability are the fall in oil production and the lack of a strong fiscal adjustment, because the difference between income and expenses is large, warned Bank Of America.

Friday, November 4th, 2016
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A New Natural Gas market in Mexico

The Federal Government has launched an infrastructure plan to import and transport the natural gas in Mexico. The authorities believe it would help to make a gas market based on free competition, according to a report in Expansión.

Thursday, October 27th, 2016
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Gasoline brands in Mexico

The gasoline market has been opening gradually to competition. The sector expects that the Government authorizes a free completion next year.

Wednesday, October 26th, 2016
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