Russia’s Lukoil started drilling of an exploration well in Block 12; A court has granted an injunction to allow a private company to continue to import fuels; Pemex’s covid cases continue to grow.
In order for Pemex to meet its annual goals it needs to nearly double average daily production from its 20 newest fields; the CNH approves two new wells in Tabasco and Tamaulipas; Pemex opens two tender offers for work associated with offshore areas.
Environmental critics put a lens on the financial institutions backing the NOC’s carbon intensive activities; AMLO’s need for Pemex to operate Zama is at the expense of Mexico; Even with agreements and payments Pemex still owes a significant sum to its suppliers.
The Mexican Association of Hydrocarbons Companies (Amexhi) highlights the role of private firms and rounds; Pemex has a significant amount of debt that is set to mature this year; Cofece will investigate alleged propane monopolies in Baja California.
Pemex received approval to start drilling its Sikte-1EXP well; Mexican authorities say 80% of LNG distributors respected AMLO’s recently installed price cap on the fuel; Pemex has suffered three fires in just one week
A press report alleges Pemex counts its production at a higher temperature which helps inflate the overall number; BHP approves an investment related to the Trion project; Sener publishes a list of companies with standing fuel permits after its recent purge.
Pemex’s failing record on sustainability and the environment make it less attractive to today’s investor; The NOC’s heavily oil production dropped in 2Q21; LNG distributors strike highlights a fractured and informal market.
The CNH announced cuts for its 2022 budget; Coparmex warns LNG price caps will affect investment; Sener shows advances at Dos Bocas refinery.
Pantera prepares evaluation for its Round 2 contract; The CRE is clearly expediting the licensing process for AMLO’s Gas Bienestar; Pemex suffered a fire at the Dos Bocas terminal.
Hokchi Energy launched production at a new well in it Hockhi offshore field; Pemex gasoline production fell to the lowest level of 2021 in June; The CRE publishes its methodology for setting price caps on LNG, overstepping current regulations.