The Ministry of Finance and Public Credit (SHCP) spoke about the NOC’s new Business Plan, which includes important topics like the recovery of oil production and modifications to the firm’s tax burden.
Three members of the Pemex Board of Directors announced their departures due to differences with the current government. Andres Manuel Lopez Obrador (AMLO), president of Mexico, announced his candidates to fill these positions.
Andres Manuel Lopez Obrador (AMLO) wants to recover Pemex’s metrics quickly, and he has showed his confidence in the NOC’s short-term performance. The Ministry of Finance and Public Credit (SHCP) announced oil production and export expectations for 2020.
Carlos Romero Deschamps, the controversial leader of Pemex’s Mexican Republic Oil Workers Union (STPRM) since 1993, now has competition. Here are the details. These and other stories in our periodic summary of labor-related issues.
Aside from dealing with financial issues, the NOC is now faced with the ‘anger of communities’, who argue that the firm has not complied with its social responsibilities in rural areas. These and other Corporate Social Responsibility (CSR) stories in our periodic summary.