The agreement maintains the NAFTA agreement, facilitates the promotion of Human Rights, and continues the security cooperation strategy between the two countries.
Members of the National Hydrocarbons Commission (CNH) spoke about Pemex’s method to calculate oil reserves during 2016; the conclusions are negative for the NOC.
Fuel theft is the topic of the moment in Mexico. Many people blame Pemex for this situation and demand that the company assume the cost of damage caused by this illegal activity. The Supreme Court of Justice of the Nation (SCJN) ruled on this.
The Ministry of Finance and Public Credit (SHCP) published the minimum and maximum values for state participation in the operating profit of Round 2 contracts. Mexican authorities plans to do three tenders this year.