Pemex published extraction figures for December 2018, achieving a slight increase compared to previous month However, the NOC’s production decreased compared to December 2017.
Pemex’s Bicentenario and Centenario Platforms stopped operations. S&P Global talks about what this implies for the sector.
Andres Manuel Lopez Obrador (AMLO) expressed his rejection of Pemex’s decision to import light crude, when he was a presidential candidate. However, AMLO began its term as president in December 2018, and the NOC continued to import oil.
Andres Manuel Lopez Obrador (AMLO) promised to reduce fuel prices in Mexico and these reported a slight drop in his first month as president. However, analysts consider it unlikely that this trend will continue during his administration.
The NOC chose to invite companies to perform drilling activities in the Gulf of Mexico, as part of its plan to reactivate production metrics.
The NOC has been facing serious cyber security issues, compromising some of its most valuable information. Here are the details.
Pemex announced financial measures to improve its performance during this year. The NOC will increase its level of indebtedness and realize a capitalization in 2019.
Pemex’s directives and members of the Ministry of Finance (SHCP) visited Wall Street to talk about their plans for this year. Investors were not impressed.
Pemex reported its trade balance for November 2018 and this metric stays in the red without a clear solution in the short and medium term. The company has poor operational metrics, forcing it to keep high import levels to supply local demand.
The National Hydrocarbons Commission (CNH) spoke about Pemex’s promising E&P plans for this year. Here are the details.
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