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Eye on Pemex

Pemex production prospects

Pemex production prospects

Pemex has been reporting declines in its oil production during several years, but the company hopes to overcome this slump as soon as possible. Javier Hinajosa Puebla, General Director of Pemex Exploration and Production (PEP) spoke about the NOC production prospects.

Tuesday, April 24th, 2018
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Pemex CEO in Europe

The main strategy of Pemex is to sign alliances with several companies around the world to recover its operational and financial metrics. Carlos Treviño, CEO of Pemex, announced several meetings with heavyweights to strengthen the company’s relations.

Thursday, April 19th, 2018
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Pemex strategy in the fuel market

The liberalization of the gasoline retailing industry began a year ago, attracting the interest of large companies to this market. These have announced their plans and strategies, but Pemex does not want to be left behind on this issue.

Wednesday, April 18th, 2018
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Oil exports benefits

Oil exports benefits

Low oil prices affected the revenues of Pemex and the Mexican State in recent years. However, prices have recovered, and the NOC has taken advantage of this situation.

Tuesday, April 17th, 2018
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Jet fuel sector

Jet fuel sector

Mexico has talked a lot about the future of the jet fuel industry recently. There could be great changes in the industry, thanks to Pemex’s operational problems. Mexican authorities are working on new regulation for the industry.

Monday, April 16th, 2018
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NOC wants to withhold clandestine tap data

Theft is one of the main problems that affects Pemex performance. The number of clandestine taps has increased considerably in recent years, but the NOC made a controversial decision about the information on this problem.

Thursday, April 12th, 2018
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Number of clandestine taps increase

Number of clandestine taps increase

Pemex reported the number of clandestine taps in its pipelines during the first two months of this year. This problematic continues to increase and affecting Pemex finances and operations.

Tuesday, April 10th, 2018
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Pemex (virtually) stopped producing Premium fuel

Pemex (virtually) stopped producing Premium fuel

Pemex refining crisis is getting worse every day, as the company keeps reporting poor metrics. The company reported its fuel production during February and that of  premium fuel is practically at zero.

Monday, April 9th, 2018
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Pemex March preliminary oil production

Pemex March preliminary oil production

Pemex reported its preliminary production figures for March this year and the results are negative. Production is getting far from the 2,000mbd exit target.

Thursday, April 5th, 2018
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Pemex to find new markets to export oil

Pemex to find new markets to export oil

The country is analyzing different markets to diversify its oil exports. The instability of its commercial relations with the United States and the production increase in that country, have forced a market diversification strategy.

Wednesday, April 4th, 2018
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