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Eye on Pemex

Pemex’s Ixachi: a ‘star’ field

Pemex’s Ixachi: a ‘star’ field

Pemex and Mexican authorities announced the development of 20 priority fields to change the negative trend in oil production. Ixachi is one of the areas that generates higher expectations. The government talked about the current production of this field.

Wednesday, September 4th, 2019
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Are Pemex farm-outs back?

President Andres Manuel Lopez Obrador (AMLO) re-opened the door to private investment, after cancelling upcoming oil rounds.

 

Wednesday, September 4th, 2019
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Pemex is producing contaminated natural gas

Pemex continues to face a difficult situation, despite the aid announced by President Andrés Manuel López Obrador (AMLO). This is what the NOC will have to deal with now.

Wednesday, September 4th, 2019
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September starts with a bittersweet report on CSR matters

Pemex announced positive results for its social investment projects in Salamanca, but authorities of Coahuila and Tabasco claim that the NOC’s CSR projects are ‘stuck.’ These and other Corporate Social Responsibility (CSR) stories in our periodic summary.

 

Tuesday, September 3rd, 2019
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Does Pemex inflate its production metrics?

Does Pemex inflate its production metrics?

The Mexican government has taken several measures to change the negative trend in oil production. However, there are inconsistencies between the figures that Pemex publishes and what is reported to the National Hydrocarbons Commission (CNH).

Monday, September 2nd, 2019
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Experts on priority fields

Experts spoke about Pemex’s ‘priority fields’, after authorities set a challenging production goal for coming years.

Monday, September 2nd, 2019
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Pemex trade balance

Pemex trade balance

Pemex reported its trade balance for the second quarter of 2019. This metric gave a surprise in the first quarter, changing from red to green. However, the trade balance returned to normal (red) in 2Q19.

Thursday, August 29th, 2019
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Premier Oil and the Zama field

The company started the process of selling its stake in the Zama field, off the coast of Mexico.

Tuesday, August 27th, 2019
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“We still want to help in anything we can”: Romero

Pemex CEO, Octavio Romero, explained why the NOC cannot enter an area with an oil discovery.

Tuesday, August 27th, 2019
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Pemex reduces its workforce

Pemex reduces its workforce

Pemex has faced an operational and financial crisis in recent years, and its huge workforce was one of the main criticisms. The NOC has had to make staff cuts in recent years.

Monday, August 26th, 2019
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