According to the National Institute of Transparency, Access to Information and Protection of Personal Data (INAI) Pemex must disclose data about those benefiting from the Program of Support to the Community and Environment (PACMA), between January 2016 and May 2017.
The country has signed many exploration and production contracts to boost the oil sector, since it is facing tough times. Pemex production has fallen and will continue this tendency in the short and medium term. Fitch talked about the sector and its perspectives.
The Mexican government started the process of liberalizing gasoline prices this year. Officials argued that it would benefit the final consumer mainly, but Pemex has been the winner, at least in terms of revenues.
Oil rounds have attracted international companies to Mexico and there are many projects to carry out around the country. Mexican States and municipalities are working to bring investments to their territories. Alma Laura Amparán Cruz, Mayor of Altamira talked about this topic.
The past tender was a success for Mexico and authorities are expecting positive results from the agreements signed. Pemex won two blocks and it hopes that these projects will help to recover deteriorating results.
Pemex is facing difficult times in many metrics. Its gas production has been decreasing in recent years and the outlook is negative for coming years. Pemex was present at the Mexican oil congress 2017 and talked about this issue.