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Eye on Pemex

Pemex’s plan for Round Zero

The NOC is focusing on an investment strategy to avoid returning the areas that were assigned to it in the initial round.

Thursday, May 3rd, 2018
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Pemex does not rule out an IPO

Carlos Treviño, CEO of Pemex, spoke about the possibility of carrying out an Initial Public Offering (IPO) to generate resources. He said that the company does not rule out this possibility.

Thursday, May 3rd, 2018
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Pemex oil production in March

Pemex oil production in March

Pemex reported its production figures for March this year and the results are (again) negative. Production is getting far from the 2,000mbd exit target.

Wednesday, May 2nd, 2018
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Pemex results in 1Q18

Pemex results in 1Q18

Pemex announced its financial and operational results for the first quarter of the year, highlighting that the firm has started recovering key metrics in 2018. The firm expects to consolidate its alliance and farm-out strategy this year.

Tuesday, May 1st, 2018
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Pemex seeks partners

The National Hydrocarbons Commission (CNH) approved the tender to develop seven farm-out processes with Pemex in fields that mostly contain oil, but also some gas.

Tuesday, May 1st, 2018
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Pemex production prospects

Pemex production prospects

Pemex has been reporting declines in its oil production during several years, but the company hopes to overcome this slump as soon as possible. Javier Hinajosa Puebla, General Director of Pemex Exploration and Production (PEP) spoke about the NOC production prospects.

Tuesday, April 24th, 2018
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Pemex CEO in Europe

The main strategy of Pemex is to sign alliances with several companies around the world to recover its operational and financial metrics. Carlos Treviño, CEO of Pemex, announced several meetings with heavyweights to strengthen the company’s relations.

Thursday, April 19th, 2018
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Pemex strategy in the fuel market

The liberalization of the gasoline retailing industry began a year ago, attracting the interest of large companies to this market. These have announced their plans and strategies, but Pemex does not want to be left behind on this issue.

Wednesday, April 18th, 2018
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Oil exports benefits

Oil exports benefits

Low oil prices affected the revenues of Pemex and the Mexican State in recent years. However, prices have recovered, and the NOC has taken advantage of this situation.

Tuesday, April 17th, 2018
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Jet fuel sector

Jet fuel sector

Mexico has talked a lot about the future of the jet fuel industry recently. There could be great changes in the industry, thanks to Pemex’s operational problems. Mexican authorities are working on new regulation for the industry.

Monday, April 16th, 2018
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