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Eye on Pemex

Pemex’s new move

Pemex’s new move

The government of Andres Manuel Lopez Obrador (AMLO) continues to be optimistic about Pemex’s behavior in coming years, as a result of the firm’s new exploratory plan.

Thursday, January 16th, 2020
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New exploration plans

The National Hydrocarbons Commission (CNH) approved investments for three of Pemex’s exploration plans. Here are the details.

 

Thursday, January 16th, 2020
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Cost of Pemex “idle” areas

Cost of Pemex “idle” areas

Pemex has most oil areas in Mexico, but it has failed to harness their potential, and instead has several ‘idle’ blocks, representing unnecessary costs.

Wednesday, January 15th, 2020
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Pemex’s fuel oil

The NOC will have to sell its fuel oil to countries like China or the US, due to the product’s high sulfur content.

 

Wednesday, January 15th, 2020
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Pemex wants a monopoly again?

The NOC sent a letter to the Energy Regulatory Commission (CRE), requesting the creation of a monopoly in the energy sector.

 

Wednesday, January 15th, 2020
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Issues at Quesqui field?

Issues at Quesqui field?

Pemex plans to achieve a peak production in the Quesqui field by 2021. Analysts spoke about the risks of accelerating the development of this area.

Tuesday, January 14th, 2020
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Moody’s talks investments in Mexico

The Rating Agency spoke about how Mexico’s panorama will look like, investment wise, during this year.

 

Tuesday, January 14th, 2020
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Who will lead the STPRM?

Former president of the Mexican Republic Oil Workers Union (STPRM), Carlos Romero Deschamps, left the union three months ago. Eight ‘worker representatives’ are now trying to take control of the STPRM. These and other stories in our periodic summary of labor-related issues.

 

Tuesday, January 14th, 2020
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Cheiron Holdings’ investments

Egypt’s Cheiron Holdings will invest in the Cádernas-Mora area, as a result of its farm-out with Pemex, the National Hydrocarbons Commission (CNH) said.

 

Monday, January 13th, 2020
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Pemex promises to increase 1P reserves

Pemex promises to increase 1P reserves

Pemex continues to announce optimistic plans for the short term. This time, the NOC announced its proven reserves (1P) goal for 2020.

Monday, December 16th, 2019
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