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22 discoveries, 12 wells, Refinery production – HCM for 2021 03 12

22 discoveries, 12 wells, Refinery production – HCM for 2021 03 12

CNH reported 22 discoveries in 2020; CNH authorized 12 more wells in 4Q20; and Pemex refineries hit best level since April 2018

Friday, March 12th, 2021
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PC-Carigali and Shell, Renewables sector sues, Scam at the pump – HCM for 2021 03 11

CNH approves PC-Carigali (Petronas) and Shell plans; Electrical industry going to court over the ‘Counter-Reformation’; and A new way to cheat Mexican drivers at the pump

Wednesday, March 10th, 2021
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Flat February, Gasoline declines, Nakasawa Resources – HCM for 2021 03 10

Private production rises but Pemex falls; Gasoline production declined 8.9% to 2.2mmbd; and Nakasawa Resources opens office in Mexico

Wednesday, March 10th, 2021
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Supplier debt, Fuel Oil, Retail losses – HCM for 2021 03 09

Pemex debts with suppliers approaching US$15B; When all you have is a hammer…(a Fuel Oil story); and Pemex lost 1,125 gas stations in 2020

Tuesday, March 9th, 2021
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Sovereign unproductive, Fake news, Pemex anomalies – HCM for 2021 03 08

“Unproductive but sovereign”; Pemex distorting the figures to skew the story; and ASF says Pemex’s management presents “anomalies”

Sunday, March 7th, 2021
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Pemex bankrupt? – HCM for 2021 03 05

This time for real? A number of stories have accumulated pointing to a severe financial crisis in Pemex. Maybe the press is just figuring it out or maybe something real is happening.

Thursday, March 4th, 2021
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