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Eye on Pemex

Micro-refineries: a viable option for Tamaulipas

Developed with private capital that often comes from Texas, micro- refineries have been seen as a viable project to be set in Tamaulipas.

Wednesday, January 25th, 2017
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Pemex gives priority to exports

Pemex gives priority to exports

The oil-company has many problems in its refineries, and so Pemex is giving priority to exports. Refining has fallen to historically low levels.

Tuesday, January 24th, 2017
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Cantarell production keeps falling

Cantarell production keeps falling

One of the main causes crude production fall is the decrease in the Cantarell field. This asset that, some years ago, was the most important in the country, today has a very low production.

Thursday, January 19th, 2017
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American companies seek to invest in Mexico’s oil industry despite economic and political risks

US oil companies such as Riverstone Holdings LLC want to take advantage of Mexico’s oil market recent liberalization hoping that issues such as the drop of the Mexican peso will not have a negative impact on the business.

Thursday, January 19th, 2017
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Mexico oil production keeps falling

The country’s production continues to fall. Although production data for December 2016 is not available, it is clear that oil extraction will be lower than in 2015.

Tuesday, January 17th, 2017
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Pemex fuel imports come from US

Pemex fuel imports come from US

Pemex has problems refining gasoline and to meet this lack of capacity the company has had to increase its importations. In recent years, fuel imports have grown substantially.

Wednesday, December 21st, 2016
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“Pemex logistics” will begin to operate next year

One of the great challenges that the private sector has to face in the gasoline market is transportation and storage. To help this, Pemex will rent part of its infrastructure to privates.

Monday, November 28th, 2016
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Pemex accidents rate increase

Bad news for the State-Company keeps popping up. Pemex workers and contractors accidents are growing. With the accidents rate rising, it is harder to face the current financial crisis.

Wednesday, November 23rd, 2016
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Pemex will lay off more workforce

Pemex will lay off more workforce

Bad news keeps popping up for the State-Company staff. Production is still in free fall and the Mexican Government keeps announcing budget cuts. As a result, Pemex will lay off large numbers of workers in 2017.

Wednesday, November 23rd, 2016
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Pemex will partner with international oil companies

Pemex will partner with major international oil companies to operate gas stations in Mexico and other parts of the world, with the foreign brands or with its own brand (Pemex franchise).

Wednesday, November 16th, 2016
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