Search for your article of interest

Eye on Pemex

Pemex’s financial debt

Pemex’s financial debt

Pemex’s financial debt continues growing and it seems that nothing could stop it. Pemex reported a total debt of US$YS$96.2B in 2Q16.

Wednesday, September 14th, 2016
Usefulness:
Oil exports value increase

Oil exports value increase

According to recent Pemex´s reports, the oil company sold abroad a total of US$1.360M during July. Crude exports value had a small increase of 2.8% over the previous month.

Thursday, September 1st, 2016
Usefulness:
Pemex difficult financial situation

Pemex difficult financial situation

The state-oil company is facing a difficult financial situation aggravated by the oil crisis of recent years. According to a report in Zocalo, Pemex´s external auditors believe that the oil firm does not have the ability to continue as a business, if the operating losses continues.

Tuesday, August 30th, 2016
Usefulness:

Pemex has not imported crude from USA

Mexico a year ago obtained a permit to import crude from the United States. Pemex has not brought a single barrel.

Friday, August 19th, 2016
Usefulness:
Pemex Crude Exports Volume

Pemex Crude Exports Volume

Pemex exports stood at 1.09 mmbbl/d in June, representing an 8.83% decrease over the previous month, according to Pemex reports. The graph shows the monthly performance since 2015.

Wednesday, August 17th, 2016
Usefulness:

Pemex will receive MXN$3B

One of the first measures of the Energy Reform was that the National Centre for Natural Gas (CENGAS) took control of about 9,000km of pipelines. It belonged to Pemex.

Tuesday, August 16th, 2016
Usefulness:
Chicontepec block has been expensive to Pemex

Chicontepec block has been expensive to Pemex

The state oil-company has been struggling to stem the production decline. It has been mainly due to the drop of its main blocks, especially Cantarell, which was the most important of Mexico, some years ago.

Thursday, August 11th, 2016
Usefulness:

Pemex remains in red

Pemex does not show any improvement sign, the latest crude export report for June, notes that it fell 8.8% respect to May.

Tuesday, August 2nd, 2016
Usefulness:

Pemex´s long-term debt

Pemex had to borrow money to remain operating. Last week, the state-oil company issued 10-year bonds, increasing significantly its long-term debt. The bonds worth US$771M.

Monday, July 25th, 2016
Usefulness:

Pemex keeps shutting-in wells

In the past three years, 946 wells producing oil and gas have been shut-in. Pemex reported 9.043 wells operating last May. It means a 9.47% reduction compared to 2013, when it were operating 9.989 wells.

Monday, July 25th, 2016
Usefulness: