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Eye on Pemex

Will Talos share oil with Pemex?

Currently, the Mexican government is advancing on a legal framework to establish how Talos Energy’s discovery off the Mexican coasts will be shared with Pemex.

Thursday, October 5th, 2017
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Pemex wants to continue its monopoly

One of the goals of Energy Reform is to create a new and free energy market in Mexico. It seems like Pemex does not understand, and its doing things to keep its monopoly, at least in the fuel market.

Wednesday, October 4th, 2017
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Gap between EIA and Sener gas figures increases again

Gap between EIA and Sener gas figures increases again

Pemex lack of capacity to supply local gas demand is converting Mexico into an importer country of this fuel and its dependence on US is increasing. Private importers keep increasing their market share.

Tuesday, October 3rd, 2017
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Pemex refining production

Pemex refining production

Pemex continues to report low refining production month after month. The NOC had to close the Salina Cruz refinery, its most important in terms of production.

Monday, October 2nd, 2017
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New corruption scandal

The Secretariat of Civil Service (SFP) announced measures against some companies that may have committed irregularities to get contracts. The SFP unveiled a new corruption scandal at Pemex.

Monday, October 2nd, 2017
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Pemex trade deficit narrowed in 2Q17

Pemex trade deficit narrowed in 2Q17

Pemex reported its trade balance for 2Q17 and its metrics stayed in red, as expected. The company has poor operational metrics, forcing it to increase imports to supply local demand.

Thursday, September 28th, 2017
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Pemex on consequences of natural disasters

Mexico has suffered several natural disasters recently. These events complicated Pemex operations in the country, questioning the production oil target for this year. The NOC spoke about the consequences of the earthquakes and hurricanes.

Thursday, September 28th, 2017
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Pemex international strategy

Pemex international strategy

Pemex has poor operational performance and the Company aims to recover its metrics as soon as possible. The NOC plans to expand its international presence in association with several companies.

Wednesday, September 27th, 2017
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Pemex oil production by type

Pemex oil production by type

Pemex continues to report low oil production. The company published extraction figures for August and these follow the trend of recent years. This time we analyze production by type of crude produced.

Tuesday, September 26th, 2017
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“Pemex is stronger with Energy Reform”: González Anaya

According to its CEO, with a business plan that focuses on profitability, the NOC achieved stable finances profits that amount to US$38.2M.

Tuesday, September 26th, 2017
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