The Ministry of Energy (Sener) and the National Council of Science and Technology (Conacyt) launched a strategic program that aims to train human resources personnel, highlighting a human capital drilling and well-control certification process.
Ministry of Finance and industry experts anticipated that lower revenues from the Special Tax on Products and Services (IEPS) on fuel will be offset by the oil industry’s surplus that would be obtained during 2017.
The process of opening up the Mexican hydrocarbons sector is under way. The industry has many shortcomings and lacks experience after decades of monopoly. The Organization for Economic Co-operation and Development (OECD) made some recommendations to Mexican hydrocarbons entities
The National Hydrocarbons Commission (CNH) denied Canada’s Renaissance Oil ‘force majeure’ request for the Pontón field on the grounds of environmental damage. The agency said the company lacked a base-line study that proved the damage was caused by Pemex.
Mexican authorities are working to hold several oil bids this year. The country wants to avoid any problem with indigenous communities and to achieve this authorities are negotiating with them. A report in El Financiero said that the government is discussing with the indigenous community Zoque about the bidding of two onshore blocks in Chiapas. The blocks are number 10 and 11 of Round 2.2. Twelve exploratory wells are planned in these areas.
Fuel market liberalization has generated much debate, controversy and uncertainty in Mexico. Voters disagree (sometimes violently) with high fuel prices. Enrique Peña Nieto, President of Mexico, spoke on the subject.