The National Institute of Natural Resources and Governance (NRGI) highlighted the National Hydrocarbons Commission’s (CNH) transparency measures, although other Mexican entities fell 11 places in four years in 2017’s NRGI Index of Governance.
The National Institute for Access to Information and Protection of Personal Data (INAI) asked Pemex for information on its subcontracted employees, but the NOC declared most of the required information as “non-existent.”
Mexican authorities are celebrating the excellent results of the past rounds, but it seems that they have neglected an important aspect of the sector, Research and Development (R&D). The number of people working in this area has declined considerably in recent years.
Enrique Peña Nieto, President of Mexico, spoke about the Mexican oil sector and its prospects for the future. He is optimistic and stressed the importance of Energy Reform to boost the industry.
The deadline given to Pemex to develop the fields that the government granted it in 2014 will expire in August. However, the Energy Secretariat (Sener) is considering giving the NOC more time to achieve its commitments.
The Federal Government has high expectations for the results of Energy Reform implementation in the country. The oil sector was very important for the State finances, but low oil prices and Pemex problems affected it. The Mexican Association of Hydrocarbons Companies (Amexhi) talked about the sector’s needs.