Pemex announced its financial and operational results for the first quarter of this year, highlighting positive performance its refining operations. However, the company had poor overall performance in its financial results.
The Secretary of Energy (Sener) reported data of refined products imports in February 2019. Finally, the entity included imports of private companies, but their participation has been null in the last two months.
Experts said that the country will not replace Iran’s nor Venezuela’s crude for Asia.
According to President Andrés Manuel López Obrador (AMLO), foreign firms’ production is so limited that it makes it impossible to restart the country’s oil rounds. Here is why.
The Ministry of Finance and Public Credit (SHCP) spoke about the NOC’s new Business Plan, which includes important topics like the recovery of oil production and modifications to the firm’s tax burden.
Pemex reported its production for February 2019, and it started to recover some of the lost ground in previous years. In addition, Chevron (NYSE: CVX) talked about the fuel market future with the new government and its plans in the country.