Victor Gao, president of the China Energy Security Institute, said the arrival of China’s National Offshore Oil Corporation- CNOOC (NYSE: CEO) to Mexico, after winning two blocks in Round 1.4 is a good start for both countries regarding future alliances in the energy sector.
Bribery, oil theft, document falsification, crimes against health and ‘vote buying’ are some of the misdeeds the Attorney General’s Office (PGR) is investigating inside the Federal Electricity Commission (CFE) and Pemex.
In total, the PGR has 22 open files for an undefined number of employees from both companies. All of them are in progress
According to Pemex reports, the NOC invested MXN$24.7B in unsuccessful wells as of September 30, 2016, representing an increase of approximately 78.4% over that reported in the same month of 2015 (MXN$13.9B.)
Governor of Chiapas Manuel Velasco, and President Enrique Peña Nieto, will inaugurate Pemex’s new Storage and Distribution Terminal (TAR) in Puerto Chiapas, after years of managing its relocation.
Mexico has been left alone in the difficult negotiation it will soon have with Donald Trump’s government on the Keystone XL pipeline’s construction that will be developed by Canada’s TransCanada (NYSE: TRP).