The government announced more measures to help Pemex face the current economic crisis. The Center for Economic and Budgetary Research (CIEP) spoke on the matter.
President Andrés Manuel López Obrador (AMLO) ‘shielded’ contractors from Pemex and other entities, allowing them to work despite the health emergency.
The Ministry of Finance and Public Credit (SHCP) spoke about measures to help Pemex during tough times.
Low prices will lead President Andrés Manuel López Obrador (AMLO) to create a new Business Plan for Pemex, experts said.
President Andres Manuel Lopez Obrador (AMLO) spoke about Pemex’s first measures to face the fall in oil prices.
This is what Russian representatives had to say about the current drop in oil prices.
CEO Octavio Romero said that the NOC will not stop operating activities due to the Covid-19 pandemic, yet announced precautionary measures on the matter.
The ‘oil war’ between Russia and Saudi Arabia has Latin American producers struggling to cover their extraction costs, increasing pumping cuts and delaying much needed investments.
Experts explained why Pemex crisis might strengthen oil theft in Mexico.
The National Hydrocarbons Commission (CNH) fined a consortium for breaching its commitments in an offshore contract.
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