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Regulations & Policy

Budget for Pemex without ‘earmarks’

The Mexican government announced the national budget for 2020, and Pemex plays an important role in this matter. Mexican authorities have a “saved budget” for the NOC, generating several speculations about the fate of this money.

 

Monday, September 16th, 2019
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Pemex keeps losing gas stations

Although it has had a tough time letting go of its monopoly, Pemex is no longer Mexico’s main player in the energy market, and figures prove it. The development of these and more stories in our periodic Retail summary.

 

Monday, September 16th, 2019
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“Pemex is a profitable business”: SHCP

The Secretary of Finance and Public Credit (SHCP), Arturo Herrera, explained why, according to him, investing in the NOC is the way to go.

Thursday, September 12th, 2019
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CCE on next year’s budget

Mexico’s Business Coordinating Council (CCE) spoke about what it expects from next year’s budget, days before the Ministry of Finance and Public Credit (SHCP) presents its proposal to the Congress.

Thursday, September 12th, 2019
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Mexico’s Profit Sharing Rights (DUC) with Pemex

This is the measure with which the government seeks to lower Pemex’s tax burden.

Wednesday, September 11th, 2019
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Government sets budget for fracking

Andres Manuel Lopez Obrador (AMLO), President of Mexico, has shown his rejection of the implementation of unconventional techniques such as fracking in the country. However, his government will give budget to develop unconventional projects in 2020.

Wednesday, September 11th, 2019
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AMLO’s permits

Andrés Manuel López Obrador (AMLO) took office at the begging of this year. How many permits has he granted to the private sector?

Tuesday, September 10th, 2019
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Experts on partnerships

Experts on partnerships

Energy Reform created the model of associations and free competition in the Mexican oil sector, creating high expectations and optimism about Pemex’s future. However, Andres Manuel Lopez Obrador (AMLO), President of Mexico, changed this scenario, returning to a service contract model. Experts gave recommendations on what Pemex and the government should do now.

Monday, September 9th, 2019
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AMLO’s report

The government of Andrés Manuel López Obrador (AMLO) is about to present its first accountability report for the January-August 2019 period. This is what experts have to say.

 

Thursday, September 5th, 2019
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Pemex will pay for Romero’s lawyers

This regulation assures that the NOC will pay for the legal defense of union leader Carlos Romero Deschamps, if arrested for one of the charges against him. These and other stories in our periodic summary of labor-related issues.

 

Thursday, September 5th, 2019
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