The National Hydrocarbons Commission (CNH) wants to boost oil production in the short term and the development of unconventional projects is one of the main tools to achieve it. Lewis Energy Mexico is looking for these projects in the state of Coahuila.
This week AMLO gets the numbers wrong, Meade shoots for 3mmbd and Anaya says he would punish those involved in Odebrecht. These stories and others as we review what the Presidential candidates said this week about the industry.
The business community’s fading hopes have been placed in PRI candidate, José Antonio Meade Kuribreña, but he has been accused of involvement in the Odebrecht scandal.
The government created Energy Reform to promote the development of the oil sector through Foreign Direct Investment (FDI) and private investors. Expectations about the growth of FDI were high, but this metric has not fulfilled the forecasts.
Energy Reform generated high expectations in Mexico about its benefits in fiscal, financial and operational terms. The Center for Analysis and Research Fundar made a report on the reform’s results since its implementation and made some recommendations.
Pemex continues to report oil production below 2,000mbd, but the company managed to increase this metric compared to previous month. The company published extraction figures for April and this time we analyze production by type of crude produced.
One of the main goals of Energy Reform is to boost the country’s oil reserves. The National Hydrocarbons Commission (CNH) announced oil reserves in 2017 and the participation of new market players in this issue played a key role in this issue.
The National Hydrocarbons Commission (CNH) recently published total hydrocarbons reserves during 2017. As expected, these decreased, but the commission highlighted that private companies contributed reserves.