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Eye on Pemex

Pemex problems increase

Pemex continues to face several problems in almost all its business areas, without a possible solution in the short term. The NOC now faces a new problem with transporters caused by its refining crisis.

Thursday, July 26th, 2018
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Petrochemicals production

Petrochemicals production

Pemex reported its petrochemicals production in May, and this metric has shown good behavior during this year. However, current levels are low compared to previous years, generating an increase in imports.

Tuesday, July 24th, 2018
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Pemex alliances at risk?

Pemex main strategy to recover its operational and financial metrics is to sign alliances with private companies. However, the arrival of Andrés Manuel López Obrador (AMLO) could affect the NOC’s plans.

Tuesday, July 24th, 2018
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AMLO will receive an indebted Pemex

AMLO will receive an indebted Pemex

President-elect, Andrés Manuel López Obrador (AMLO) has big plans for the energy sector and Pemex especially. However, the NOC is facing a difficult situation in operational and financial terms. Pemex debt is one of the main challenges for the next government.

Thursday, July 19th, 2018
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Low production will continue

Low production will continue

Pemex has reported poor metrics in terms of production over the past years and it seems like this tendency could continue in coming years. The rating agency Standard & Poor’s (S&P) spoke about this situation.

Monday, July 16th, 2018
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Plan to reduce gasoline imports

Mexico has increased its dependence on gasoline imports in recent years due to Pemex’s operational problems in its refineries. Andrés Manuel López Obrador (AMLO) wants to end this problem and has several plans to achieve it.

Monday, July 16th, 2018
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Number of clandestine taps in May

Number of clandestine taps in May

Pemex reported the number of clandestine taps in its pipelines during May and the cumulative figure during this year. This problem decreased compared to previous month, but it is still at high levels, affecting Pemex finances and operations.

 

Thursday, July 12th, 2018
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Energy regulation moves to Tabasco?

President-elect, Andrés Manuel López Obrador (AMLO) has many plans and proposals for the energy sector and Pemex. Adán Augusto López, Governor-elect of Tabasco, spoke on this topic and possible changes in the industry.

 

Thursday, July 12th, 2018
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Fuel imports coming to an end?

Fuel imports coming to an end?

President-elect, Andres Manuel Lopez Obrador (AMLO) spoke about his plans in the downstream sector for the coming years. He is quite optimistic about the results of his strategy in the short term.

Wednesday, July 11th, 2018
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Pemex trade balance is positive

Pemex trade balance is positive

Pemex reported its trade balance for May this year and its metrics changed from red to green. The company has poor operational metrics, forcing it to increase imports to supply local demand. However, the company has reduced its deficit in recent months.

Monday, July 9th, 2018
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