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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

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

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

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

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

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

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

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

Pemex facilities in danger

Pemex’s oil and gas processing in Tabasco are at risk of being suspended because of blockades started by workers two weeks ago.

Since the beginning of the year, Construcciones Tapia workers have allegedly carried out violent blockades at Pemex’s Cárdenas-Norte processing plant. The company that has been executing the NOC’s modernization contract since 2016.

Tuesday, February 14th, 2017

Fieldwood Energy to invest MXN$107M in the Ichalkil field in Campeche

As one of Round 2.1 winners, America’s Fieldwood Energy LLC signed a contract with the National Hydrocarbons Commission (CNH) to start a project in consortium with Petrobral S.A.P.I in the Southeast Basin, where the Ilchakil and Pokoch fields are located.

Preparations for the project that will begin next month are underway, and so far,MXN$107M have been invested in Isla del Carmen Port.

Monday, February 13th, 2017