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Eye on Pemex

Ecopetrol and Pemex to develop projects together

Ecopetrol (NYSE:EC) and Pemex recently signed a document to study joint ventures in E&P

Wednesday, March 15th, 2017
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CNH signs last Round One contracts

CNH signs last Round One contracts

The National Hydrocarbons Commission (CNH) announced the signature of the last of the Round One contracts . These agreements are the product of the fourth tender and are the most profitable signed so far.

Tuesday, March 14th, 2017
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MMEX Resources Corp plans to build a refinery in Texas

Texas-based MMEX Resources Corp aims to gather US$450M to build a refinery in Pecos County in Texas, to export diesel and gasoline to western Mexico.

Tuesday, March 14th, 2017
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Possible corruption in Pemex 

Mexican officials have suspended some Pemex officials for potential corruption. The company reported on this issue.

Tuesday, March 14th, 2017
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Madero refinery loses competitiveness

Madero refinery loses competitiveness

Pemex has many problems in its refineries. Several of them have operational problems. The Madero refinery is one of the most affected in the country.

Monday, March 13th, 2017
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Pemex cuts investment in natural gas

The National Hydrocarbons Commission (CNH) said that the NOC reduced its natural gas investment by 15% .

Wednesday, March 8th, 2017
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Pemex to improve infrastructure in Veracruz

The lack of infrastructure is one of Mexico’s greatest weaknesses. Pemex is aware of this and wants to start developing projects to improve infrastructure in the country.

Tuesday, March 7th, 2017
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Everything is set to develop Trion

Pemex signed its first farm-out contract with Australia’s BHP Billiton to develop the Trion field.

Monday, March 6th, 2017
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Oil theft increases 187% annually

Federal deputy Eukid Castañón, said prison sentences and sanctions for those involved in oil theft networks are not enough to fight the crime.

Thursday, March 2nd, 2017
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Pemex improves its finances

Pemex improves its finances

The NOC published the results for 2016. The company reported a substantial improvement in operating profit and reduced its net loss.

 

Wednesday, March 1st, 2017
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