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Eye on Pemex

Pemex Business Plan: the risks

Pemex identified 10 potential risks included in its 2019-2023 Business Plan, that can jeopardize its goals.

Wednesday, July 24th, 2019
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Pemex on Dos Bocas refinery

President Andres Manuel Lopez Obrador (AMLO) insisted on the need to build a new refinery in the country, even though experts have shown the inconvenience and high costs of this project. This week, Pemex made headlines, after talking about the project’s risks.

Wednesday, July 24th, 2019
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Pemex’s Abkatún field

The National Hydrocarbons Commission (CNH) approved the modification to the Development Plan for the Abkatún field (Campeche).

 

Tuesday, July 23rd, 2019
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Pemex’s move

Pemex left farm-outs out of its Business Plan. This is what the firm will do instead.

 

Tuesday, July 23rd, 2019
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Pemex reduces its contributions to the Mexican state

Pemex reduces its contributions to the Mexican state

The Mexican government has announced fiscal reductions to help solve the Pemex crisis. The company reported a reduction in its contributions to the state, but this behavior has been explained by internal factors.

Monday, July 22nd, 2019
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Experts on Pemex Business Plan

The government announced the much awaited Business Plan that the NOC will follow in the coming years. Here is what experts had to say.

 

Monday, July 22nd, 2019
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Pemex to increase its production portfolio

Pemex has announced the development of 20 “star fields”, and the firm expects to substantially increase its oil production in the medium term. However, the company plans to develop more fields this year.

 

Monday, July 22nd, 2019
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Pemex business plan

Pemex business plan

Mexico has been waiting for Pemex’s business plan for a long time, and this has generated much speculation. Finally, Andres Manuel Lopez Obrador (AMLO), President of Mexico, presented the business plan. This news had an impact on Pemex bonds.

Wednesday, July 17th, 2019
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Pemex delayed in its drilling goals

Pemex delayed in its drilling goals

Pemex announced the National Hydrocarbons Plan (PNH) with challenging goals. However, the NOC has reported few advances in its drilling plans.

Tuesday, July 16th, 2019
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Pemex’s new field

Pemex will invest US$58M to drill a new exploratory well in Tabasco, the National Hydrocarbons Commission (CNH) said.

Tuesday, July 16th, 2019
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