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Eye on Pemex

Pemex reduces its workforce

Pemex has had to face difficult times with several budget cuts and its workforce is one of the most affected. The NOC reported a large staff reduction in the area of exploration and production.

Tuesday, July 25th, 2017
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Pemex recommended to make PACMA details public

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.

Tuesday, July 11th, 2017
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Fitch on Mexican oil industry

Fitch on Mexican oil industry

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.

 

Wednesday, July 5th, 2017
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Fuels prices liberalization benefits Pemex

Fuels prices liberalization benefits Pemex

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.

Friday, June 30th, 2017
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Altamira to boost energy projects

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.

 

Friday, June 30th, 2017
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Pemex expectations on Round 2.1 agreements

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.

Thursday, June 29th, 2017
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CCE demands greater legal certainty

The Business Coordinating Council (CCE) referred to the current situation of the energy sector and proposed improvements to boost the industry’s development.

 

Wednesday, June 28th, 2017
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“Round 2 results open new opportunities”: Pemex

Pemex Exploration Director, José Antonio Escalera, said that the awarding of two contracts to Pemex allows the expansion of its exploration portfolio and decreases the NOC’s investment risk.

Friday, June 23rd, 2017
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Pemex CEO cited to explain irregularities

Mexican authorities want to clarify the irregularities in the purchase of the AgroNitrogenados Company in 2013. José Antonio González Anaya, Pemex CEO, must provide information on this transaction.

Friday, June 16th, 2017
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Gas crisis could continue until 2021

Gas crisis could continue until 2021

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.

Thursday, June 15th, 2017
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