During press interviews for the ‘We all want energy for Mexico’ project, industry association Amexhi said that its members had “no reservations” about a review of signed contracts if Andrés Manuel López Obrador (AMLO) is elected President. But they want it done quickly.
Pemex continues to report low oil production, with no signs of a recovery in the short term. Oil prices have risen to attractive levels, but the NOC has not been able to take advantage of them.
The Reform has brought plenty of benefits to the Mexican economy, but it is now facing an important challenge.
The Mexican Association of Hydrocarbon Companies (Amexhi) sent a message to the government about the upcoming rounds, and spoke about the country’s energy future.
The National Hydrocarbons Commission (CNH) has made several auctions with great success and one of the most attractive was Round 1.4. The CNH approved several exploration programs for the winning companies of this auction, committing large investments for the coming years.
All eyes are on Mexico’s upcoming elections, and even though investors are worried about a potential AMLO presidency, Fitch Ratings does not see the leftist politician as that big of a threat.
Mexico keeps increasing its dependence on US exports and so again, we analyze the gap between natural gas figures by the Secretariat of Energy (Sener) and the Energy Information Administration (EIA) on. However, gas imports decreased in February and both entities are showing a similar path.
Some proposals on the sector by presidential candidates have generated many concerns among investors and companies. Associations of the Mexican energy sector sent a letter to the presidential candidates.
Campeche and Tabasco, two of Mexico’s most important oil producing states, reported improvements in their finances due to an increase in industry transfers.
Jose Antonio Meade Kuribreña, presidential candidate, made some promises related to the oil sector, but it seems like his proposals are very difficult to meet compared to the government’s projections.
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