Jose Antonio González Anaya, CEO of Pemex, was present at the Infrastructure Seminar of the Pacific Alliance. He talked about the NOC’s plans and about investment opportunities in Mexico more generally. Representatives of Chile, Peru and Colombia were at the event.
The Mexican government created the Energy Reform to boost the oil industry and seize the potential in hydrocarbons resources. Oil production could reach historically high levels in a positive scenario in 2030, despite bad extraction metrics at present.
The National Hydrocarbons Commission (CNH) issued an invoice to Argentina’s Hokchi consortium for the value of US$183,084, corresponding to a test production of 4.2mbbl of medium oil in a block the companies won in Round 1.2.
The company’s production metrics continue to decline. Pemex announced an additional drop in its oil production during April. The firm’s production target is 1,944mbd, according to its business plan for 2017-2021.
Pemex’s Board of Directors pronounced on the company’s situation and gave recommendations for advancement in the coming years. The Board analyzed the firm’s performance during 2016.