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Regulations & Policy

Next Round will require insurance policies

The process of change in the hydrocarbon sector has opened interesting debates and concerns of different actors. Oil accidents are one of the biggest concerns, especially in offshore areas.

Monday, April 3rd, 2017
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When will this end?

Tamaulipas Mayor Andres Zorrilla, called for Pemex to invest in its infrastructure, which he described as “critical.”

Wednesday, March 29th, 2017
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Untypp sues contract of Round One

The National Union of Petroleum Technicians and Professionals (Untypp) sued a contract signed by the National Hydrocarbons Commission (CNH) and Diavaz Offshore in the Round One.

Wednesday, March 29th, 2017
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Senator proposes strategic oil reserves for Mexico

Mexico is working to improve regulation in the industry. Several proposals have been heard, and from the Senate comes a new one to modify the Hydrocarbons Law.

Wednesday, March 22nd, 2017
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Corruption scandals overshadow Mexico’s oil nationalization anniversary

Seventy-nine years ago, Union leaders fought for Mexico to nationalize its oil resources, but far from being a reason to celebrate, this year Mexicans question Pemex’s financial situation and corruption scandals.

Tuesday, March 21st, 2017
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Mexico’s oil revenues decreased 66% in four years

The industry’s financial contribution to government revenues was 8.6% in 2016, but in 2013 it was almost 32%.

Tuesday, March 21st, 2017
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SENER delays energy projects

The Secretariat of Energy (SENER) is having problems approving the start of energy projects. The deadlines for making prior public consultations arenot beingmet. Companies are ready to work; the problem is gettinglicenses.

Tuesday, March 21st, 2017
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ASEA reveals standards for fracking

ASEA reveals standards for fracking

The environmental regulator entity issued guidelines for the use of fracking technology in Mexico, and promised strict controls to avoid contamination and tremors.

Monday, March 20th, 2017
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Royalties for Tamaulipas fund reduced by 50%

Royalties for the Tamaulipa’s Hydrocarbon Extraction Fund were cut by 50% as a result of lower production in the State.

Monday, March 20th, 2017
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Oil fund lacking resources

After two years of being implemented, the Mexican Oil Fund (FMP), an entity that manages and distributes revenues derived from the oil industry, has not generated long-term financial reserves.

Tuesday, March 14th, 2017
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