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Eye on Pemex

NOC wants to withhold clandestine tap data

Theft is one of the main problems that affects Pemex performance. The number of clandestine taps has increased considerably in recent years, but the NOC made a controversial decision about the information on this problem.

Thursday, April 12th, 2018
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Number of clandestine taps increase

Number of clandestine taps increase

Pemex reported the number of clandestine taps in its pipelines during the first two months of this year. This problematic continues to increase and affecting Pemex finances and operations.

Tuesday, April 10th, 2018
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Pemex (virtually) stopped producing Premium fuel

Pemex (virtually) stopped producing Premium fuel

Pemex refining crisis is getting worse every day, as the company keeps reporting poor metrics. The company reported its fuel production during February and that of  premium fuel is practically at zero.

Monday, April 9th, 2018
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Pemex March preliminary oil production

Pemex March preliminary oil production

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

Thursday, April 5th, 2018
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Pemex to find new markets to export oil

Pemex to find new markets to export oil

The country is analyzing different markets to diversify its oil exports. The instability of its commercial relations with the United States and the production increase in that country, have forced a market diversification strategy.

Wednesday, April 4th, 2018
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Pemex to bid for unconventional areas

The National Hydrocarbons Commission will offer unconventional areas in Round 3.3, awakening the interest of several companies. Pemex does not want to be left behind in this tender.

Wednesday, April 4th, 2018
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Pemex February fuel production

Pemex February fuel production

Pemex reported its fuel production for February of this year. As expected, this metric decreased and it is reaching historically low levels. The Company continues to increase its dependence on imports to serve local demand.

Monday, April 2nd, 2018
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Pemex could reduce its workforce by 27%

According to the representative of the National Union of Oil Workers and Professionals (UNTyPP), Pablo López, the NOC’s decisions would violate the Federal Labor Law. These and other stories in our periodic summary of labor-related issues.

Tuesday, March 27th, 2018
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Pemex in the stock market?

Pemex in the stock market?

Juan Carlos Zepeda, President of the National Hydrocarbons Commission (CNH), proposed that the government make a transcendental decision on Pemex.

Thursday, March 22nd, 2018
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Pemex open season fails

Pemex has expectations to make alliances and open seasons this year. However, the NOC started on the wrong foot this year, at least on the issue of pipeline and storage auctions.

Thursday, March 22nd, 2018
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