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Infrastructure

New website for investment projects

New website for investment projects

Mexico wants to take advantage Energy Reform opportunities. Mexican authorities created a web page to display infrastructure investment projects.

Wednesday, March 15th, 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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Pemex pipeline monopoly comes to an end

Pemex’s monopoly is definitely over. Britain’s BP (LON: BP) was the big winner of the first auction tendering the NOC’s pipeline capacity.

Monday, March 13th, 2017
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Cofece asks Pemex to liberalize its ports

The Federal Economic Competition Commission (Cofece) recommendedthat the NOC release some of its ports so that they can made be available to companies that are about to compete in the Mexican market.

Thursday, March 9th, 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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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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Government to build a new refinery

In the middle of the fuel price debate and questioning of Mexico’s heavy dependence on fuel imports, the government is considering the construction of a new refinery, either financed by private capital, or in partnership with Pemex.

Tuesday, February 28th, 2017
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Tabasco operators ready to work

The Mexican Employers’ Association (Coparmex) said that local oil-service companies are prepared to work with winning bidding corporations.

Thursday, February 23rd, 2017
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Will Pemex be responsible for fuel theft from its pipelines?

Pemex announced it would be responsible in case fuel theft takes place in its transportation infrastructure. However, according to the CRE, if the NOC proves it did everything to prevent it from happening, companies would not be compensated.

Thursday, February 16th, 2017
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Gas pipeline investment moves quickly

One of Energy Reform goals was to attract investment to improve the sector’s infrastructure in Mexico. The Energy Regulatory Commission (CRE) announced that gas pipeline investments have advanced satisfactorily.

Thursday, February 16th, 2017
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