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Eye on Pemex

IDB talks Pemex transparency issues

The Inter-American Development Bank (IDB) warned that Mexico faces “great challenges” when it comes to Pemex’s transparency. Here is how the entity plans to help the firm.

 

Tuesday, May 14th, 2019
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AMLO presents Pemex’s financial support plan

Once again, the government announced new measures to improve Pemex’s finances. Here are the details.

 

Tuesday, May 14th, 2019
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Ethanol imports increased

Ethanol imports increased

The Energy Secretariat (Sener) reported ethanol imports during this year; this metric increased considerably compared to the previous year. This behavior is the result of Pemex’s current crisis.

Monday, May 13th, 2019
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The tender for the refinery of Dos Bocas was declared null and void

After announcing a ‘restricted model’ invitation for the development of the new refinery in Dos Bocas (Tabasco), authorities said the facility will not be built by international firms.

 

Monday, May 13th, 2019
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Mexican oil companies’ role

Pemex continues to face a difficult operational and financial situation, affecting the entire Mexican energy sector. Sergio Suarez, Managing Director of Strategies at Marinsa, spoke about companies’ role in the NOC’s recovery process.

Monday, May 13th, 2019
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Pemex chose onshore

Pemex’s Business Plan was an enigma for investors, until the NOC’s director of Resources, Reserves and Associations, Ulises Hernández, came out to talk about it. Here are the details.

 

Thursday, May 9th, 2019
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Fuel theft and Pemex sales

The NOC’s sales dropped in the first quarter of the year, due to the anti fuel theft strategy of Andrés Manuel López Obrador’s (AMLO) government. The development of these and other stories in our periodic Security summary.

 

Thursday, May 9th, 2019
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AMLO to ‘save’ Pemex

President Andrés Manuel López Obrador (AMLO) said rescuing Pemex was going to be the main thrust of his government. Here is how he plans to make that happen.

Wednesday, May 8th, 2019
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AMLO’s budget cut to help Pemex

President Andrés Manuel López Obrador (AMLO) announced additional financial help to ‘rescue’ Pemex. Here is where some of the budget cuts to benefit the NOC will come from, and what experts have to say about it.

Tuesday, May 7th, 2019
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Pemex IPO: yes or no?

The head of the the Ministry of Finance’s (SHCP) Public Credit Unit, Gabriel Yorio, spoke about the viability of issuing  an Initial Public Offering (IPO) for Pemex.

Tuesday, May 7th, 2019
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