In six months to a year hydrocarbons disputes could make it to tribunales associated with the USMCA; Pemex owes more than MXN 51B to suppliers; Gas Bienestar to create pressure on public finances and will not solve high prices
An eventual constitutional reform would be much harder to halt; An optimist’s view of Pemex’s purchase of the Deer Park refinery; The Supreme Court has accepted a challenge to the Hydrocarbons Reform
Talos Energy has retained a legal firm in a sign it is gearing for a legal battle over the Zama field; AMLO seeks to change the constitution to hand over control of the electrical energy market to CFE; Pemex’s brand control of the gasoline retail market has dropped in 2021.
Talos Energy lawyers up over Zama dispute
AMLO’s focus on energy sovereignty over energy security is a risky path for the country, analysts say; Gas Bienestar is welcomed in some parts of Mexico even by other LNG distributors; Pemex’s petrochemical business has shrunk to half of its production in the last five years.
A detailed opinion on what is instore for Mexico’s energy sector through the end of AMLO’s term; the CRE suspends fuel transshipments at the IEnova train terminal; the Cofece commission says government could do more to counter LNG market concentration rather than launch a state run distributor
A number of industry associations warn that new rules vastly limiting options for importing and exporting hydrocarbons will affect the greater energy sector; A US commercial representative says the awarding of the Zama field to Pemex does not violate the USMCA treaty; Pemex has 180 days to file a report and faces an investigation into its offshore fire.
A state run LPG distributor will cause more market disruptions and increase costs for Pemex and Mexican public finances, analysts say; Under AMLO the number of Pemex oil spills have increased; A Texas gas supplier has filed for arbitration against the state utility CFE.
The energy sector is a cause of concern as representatives from the United States, Canada and Mexico met in Mexico City to mark a year of the trade agreement between the three nations; Lukoil purchases 50% of the operation in Area 4; Pemex gets approval for its Miztli-1EXP onshore exploration well.
AMLO’s newest idea to curb increasing gas prices is a state run LPG distributor; Pemex gets approval for the Tlense-1EXP well; AMLO assures an analysis and repair of any eco damage from Pemex’s “eye of flame”.
Sener ruled that Pemex, not Talos Energy, should be in charge of the operation of the Zama discovery; AMLO got some relief on his electrical reforms after an injunction was lifted; Pemex greenhouse gas emissions grew in 2020