Pemex wants to change the negative trend in its oil production as soon as possible, and expectations are focused in 20 priority fields. The National Hydrocarbons Commission (CNH) ruled on the development plan for two of these areas.
Mexico’s Security, Energy and Environmental Agency (ASEA) granted Pemex a license to develop the Dos Bocas refinery, so long as the firm complies with these requirements. The development of these and more stories in our periodic Eco summary.
Andrés Manuel López Obrador (AMLO), President of Mexico, has rejected Energy Reform and the oil rounds. He criticized the contracts signed in past auctions, but his government is benefiting from these processes.
Pemex announced the development of 22 oil fields over the coming years as the main strategy to reverse the downward tendency in its oil production. The NOC has high expectations in these areas for the short term.