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End the Huachicol, Poor Exploration Outlook, Pemex buys out Shell in Deer Park – HCM for 2021 05 26

AMLO continues on his crusade to return the fuel monopoly to Pemex claiming it is necessary due to corruption, the exploration strategy of Pemex is creating risks for public finances in the future and Pemex will now buy the 50% stake of Shell in the Houston based Deer Park refinery. 

Tuesday, May 25th, 2021
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Trade Agreements; Pemex SEC conflict brewing; Pemex Copali Well — HCM for 2021 05 25

Northern neighbors called on Mexico to respect investments, Pemex’s lax reporting standards could be creating a conflict with the SEC, the NOC has a green light for its Copali well.

Monday, May 24th, 2021
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Returning to Chicontepec; Bunker Oil Production; Pemex to Reacquire Plants — HCM for 2021 05 24

Despite a need for Fracking, Pemex is planning to resurrect its attempts at producing the Chicontepec resource; the NOC’s bunker oil production is hitting new highs: and Pemex also plans to reacquire two hydrogen plants.

Friday, May 21st, 2021
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Deer Park subsidiary; Pemex US$ 100M claim; NOC Refining Grows — HCM for 2021 05 21

Pemex will absorb its subsidiary which participates in the Deer Park Refinery alliance with Shell, Pemex faces another claim from a US service provider, 15% refinery growth in March for Pemex.

Thursday, May 20th, 2021
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Pemex claims Zama, Capricorn Exploration, NOC Debt – HCM for 2021 05 20

Pemex claims it has a study on the Zama reserve which gives it a majority of the oil, Capricorn Energy discloses plans for two exploratory wells while Pemex’s debt continued to climb in 2020.

Wednesday, May 19th, 2021
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Hydrocarbons Law Court Showdown; Legal Uncertainty Impact; Fuel Import Licenses – HCM for 2021 05 19

AMLO defended his Hydrocarbons Law after its suspension and promised to take it to the Supreme Court; Legal uncertainty is halting investment, says an industry leader; and the government has slashed the number of fuel import permits by 93%.

Tuesday, May 18th, 2021
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