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Regulations & Policy

Budget cuts in Mexican fields

Pemex is facing a difficult financial situation and low oil prices do not help. Now, the NOC and Mexican authorities will reduce the Capex budget of several important oil fields.

Wednesday, April 12th, 2017
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China and Mexico to strengthen commercial bonds

Tamaulipas’ governor, Francisco Garcia,said that bilateral relations between the two countries are growing.

Tuesday, April 11th, 2017
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Experts say shale needs special treatment

Mexico needs to take advantage of its natural resources. The government created the Energy Reform to achieve it. This opens the possibility of using unconventional techniques in the country, such as those used with shale resources. The debate over the exploration and development of shale is just beginning.

Tuesday, April 11th, 2017
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It is accountability time

The Senate Energy Commission asked the Energy Secretariat (Sener) and Pemex to provide information on the Gulf Tertiary Oil project (ATG).

Monday, April 10th, 2017
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They better get it together

Mexican Oil Workers’ Union (STPRM) president, Carlos Romero Deschamps, said he will not leave the Union despite having criminal charges against him

Monday, April 10th, 2017
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Pemex could be affected by budget cut

Pemex CEO, José Antonio González, said he is currently analyzing if 2018’s national budget could affect the NOC.

Thursday, April 6th, 2017
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Mexico proven reserves fell in 2016

Mexico proven reserves fell in 2016

The National Hydrocarbons Commission (CNH) reported Mexico oil reserves for 2016. As expected, they fell compared to 2015.

Wednesday, April 5th, 2017
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CRE on fuel liberalization

Guillermo Ignacio García, president of the Energy Regulatory Commission (CRE) told the Congress that there are 10 companies that currently import fuel in Mexico.

Wednesday, April 5th, 2017
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US congratulates Mexico on Energy Reform

The White House Commercial Representative (USTR) highlighted the fact that Mexico completed the necessary regulations to implement Energy Reform.

Wednesday, April 5th, 2017
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Authorities want to avoid a (re)monopolization of gasoline market

Mexico is creating a competitive and open market of gasoline. A first step was price liberalization but authorities have a great challenge: to prevent a Pemex from re-establishing its monopoly in the sector.

Wednesday, April 5th, 2017
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