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Eye on Pemex

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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AkzoNobel wants to collaborate with Pemex

Pemex is implementing a strategy of partnerships with private companies to boost the development of the sector and begin to recover its financial and operational metrics. AkzoNobel is interested in working with the NOC.

Wednesday, June 14th, 2017
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Pemex goes for 74 oil clusters

Javier Hinojosa Puebla, CEO of Pemex Exploration and Production (PEP) said that the NOC will seek to form 74 oil clusters, of which 11 are already being developed through farm outs.

Tuesday, June 13th, 2017
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Reserves Life Index life is 9 years in Mexico

Reserves Life Index life is 9 years in Mexico

Mexico’s oil industry is facing a challenging moment at present. The Federal Government created many structural reforms to boost the sector, but the country needs positive exploration news to reduce concern about sustainability.

Monday, June 12th, 2017
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