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Eye on Pemex

For the first time, Pemex receives imported diesel by rail

As a result of the permits granted by the Energy Regulatory Commission (CRE) during the last two years, for the first time, Pemex will receive imported diesel via rail.

Monday, April 17th, 2017
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Easter week operations were a success

Even though fuel theft is still one of Pemex’s biggest problems, Mexican authorities and Pemex’s personnel are acting to stop it. So far, Easter week operations were successful and led to the seizure of more than one thousand liters of illegal fuel.

Monday, April 17th, 2017
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Budget cuts in Mexican fields

Pemex is facing a difficult financial situation and low oil prices do not help. Now, the NOC and Mexican authorities will reduce the Capex budget of several important oil fields.

Wednesday, April 12th, 2017
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Pemex to apply Ecopetrol technology to fight oil theft

Pemex will apply international technologies such as “Gasoline Tracers” to eradicate fuel theft, a problem that causes losses of more than MXN$25B per year.

Wednesday, April 12th, 2017
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Oil firms announce investments in Mexico

Oil firms announce investments in Mexico

Energy Reform continues to produce results. Oil firms, which won contracts in round 1.3, announced investments for the next two years. The National Hydrocarbons Commission (CNH) approved their initial evaluation and development plans.

Tuesday, April 11th, 2017
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It is accountability time

The Senate Energy Commission asked the Energy Secretariat (Sener) and Pemex to provide information on the Gulf Tertiary Oil project (ATG).

Monday, April 10th, 2017
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Pemex oil exports increase

Pemex oil exports increase

The NOC reported growth in its total oil exports compared to January. The main destination is the United States, but its participation in the pie is decreasing. Far East is the second buyer of Mexican oil.

Thursday, April 6th, 2017
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Pemex could be affected by budget cut

Pemex CEO, José Antonio González, said he is currently analyzing if 2018’s national budget could affect the NOC.

Thursday, April 6th, 2017
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Mexico proven reserves fell in 2016

Mexico proven reserves fell in 2016

The National Hydrocarbons Commission (CNH) reported Mexico oil reserves for 2016. As expected, they fell compared to 2015.

Wednesday, April 5th, 2017
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Mitsui and SK: potential partners to operate the Tula refinery

Pemex will ask interested investors and operators to make formal offers in the next weeks.

Thursday, March 30th, 2017
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