The “death-blow” for Energy Reform; Pemex abandoning its targets; and The rating is the same but read the notes
Octavio Romero might let Talos operate Zama; The law is such a pain! – II; and Bondholders unhappy with plan to bail out Pemex
A few more details on the Pemex / CFE deal; Romero Deschamps no longer Pemex employee but still well paid; and AMLO still owes Campeche y Carmen
Pemex debts with suppliers approaching US$15B; When all you have is a hammer…(a Fuel Oil story); and Pemex lost 1,125 gas stations in 2020
“Unproductive but sovereign”; Pemex distorting the figures to skew the story; and ASF says Pemex’s management presents “anomalies”
ASF says the NOC is technically bankrupt; AMLO paying Pemex’s bills; and Let’s make a deal – Braskem, Pemex and Cenegas
Record loss for Pemex in 2020 but 4Q20 was better; Federal judge reverses Sener decisions to ‘slow roll’ the energy sector; and CFE expands thermo-generation capacity
While we devoted our usual space to the problems of Pemex and CNH approvals of investment plans, this month was dominated by two related stories: the ‘Great Texas Blackout’ and its consequences for northern and even central Mexico and Andrés Manuel López Obrador’s grand ‘Counter-Reformation’ of the electrical industry.