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Downstream & Pricing

Big US gas firms to go after Pemex customers

America’s IE Nova is one of the companies interested in replacing Pemex as a gas marketer; however, according to IE Nova’s vice president, competition with the NOC cannot be underestimated.

Thursday, February 2nd, 2017
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Propane prices also increased

Propane prices also increased

Mexican authorities promised price reductions this year, but instead, prices have increased considerably. The ‘gasolinazo’ caused widespread rioting. The price of propane also increased after market liberalization.

Wednesday, February 1st, 2017
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Mexico’s new oil wealth will go to the USUS Gulf Coast

Williams Cos oil and gas pipelines are expected to transportMexican oil from the Gulf of Mexico because they have available capacity.

Thursday, January 26th, 2017
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Pemex increases exploration budget

The Mexican company expects to improve its operating performance this year. Pemex has increased the budget for exploration activities, with the aim of restoring reserves and improving its production in the medium term.

Friday, January 20th, 2017
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Natural Gas Fenosa will invest in Mexico

Natural Gas Fenosa wants to consolidate itself as the main gas supplier in the country. To achieve this, the company plans to invest in the next four years in different areas of Mexico.

Friday, January 20th, 2017
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There is a risk of fuel shortages

Mexico began the year with the liberalization of gasoline prices and an increase of these. Authorities have recognized that the industry has major shortcomings.

Thursday, January 19th, 2017
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Mexico oil production keeps falling

Mexico oil production keeps falling

The country’s production continues to fall. Although production data for December 2016 is not available, it is clear that oil extraction will be lower than in 2015.

Tuesday, January 17th, 2017
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Price liberalization will bring investment funds

In recent days, the main topic in Mexico, has been the liberalization of fuel market. Mexican authorities optimistic about this process and have high expectations. It will start in January.

Thursday, December 22nd, 2016
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Fuel market liberalization will assure supply, says Secretary Coldwell

Some areas of Mexico are suffering from gasoline shortages, because Pemex has been unable to guarantee the supply.

Wednesday, December 21st, 2016
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Fuel production keeps falling

Fuel production keeps falling

Pemex has serious problems in fuel production. This keeps falling and there are no signs of a possible solution in the short term.

Tuesday, December 20th, 2016
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