Hokchi Energy will start oil and gas production in Mexico during the second half of 2020.
Pemex announced a new reduction to its oil production goal for 2019.
Top global firms like Chevron (NYSE:CVX), Exxon Mobil (NYSE:XOM) and Shell (LON:RDSB), argued that they have complied with committed investments, calling on authorities to resume oil rounds.
The National Hydrocarbons Commission (CNH) made recommendations to Pemex on the implementation of fracking in an onshore field.
These are the forecasts of the Mexican Association of Hydrocarbon Companies (Amexhi) for oil production metrics in 2020.
This is what companies that invested in Mexico had to do, now that President Andres Manuel Lopez Obrador (AMLO) decided to stop oil rounds.
Pemex announced the discovery of an important oil deposit with high reserves levels. CEO Octavio Romero spoke on the matter.
Energy Secretary (Sener), Rocío Nahle, said that Pemex lacks budget to develop deepwater fields, so it will not do it, at least during the administration of Andres Manuel Lopez Obrador (AMLO).
The National Hydrocarbons Commission (CNH) published extraction figures for October 2019, reporting a poor behavior during this month.
President Andres Manuel Lopez Obrador (AMLO) has been optimistic about Pemex’s situation, but the NOC’s results seem to prove him wrong.
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