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.
Energy Reform created several entities to ease the sector’s growth and the process of change in the country. The Mexican Petroleum Fund for Stabilization and Development (FMP) is one of these new entities and this has a very important role for the industry.
This, after Cenegas’ first Open Season, also known as “Round 0”, or Round EPE (State Productive Companies) results were published.
There is much uncertainty in Mexico since the arrival of Donald Trump to the White House for his radical positions. Pemex talked about the possible impact of the renegotiation of the North American Free Trade Agreement (NAFTA) on its finances.
Representatives of the 13 countries of the Operational Network for Regional Cooperation of Maritime Authorities of the Americas (Rocram) participated in a workshop about the implementation of anti-pollution treaties.
For years, Tamaulipas was the state with the most clandestine taps in Mexico. However, Puebla now leads the ranking and authorities are concerned that criminal gangs dedicated to oil theft have the communities’ support.The development of these and other stories in our periodic Security Summary.