Recent investigations show that Mexico’s oil producing regions have the highest rates of poverty and violence levels. Here is why.
Andrés Manuel López Obrador (AMLO) promised to change the serious financial and operational situation of Pemex quickly. The Ministry of Finance and Public Credit (SHCP) talked about this issue and measures to change the NOC crisis.
Pemex continues to report poor operational metrics, without a possible solution in the short or medium term. This situation has created many debates and the country continues to look for alternatives to help the NOC. A former Pemex executive spoke on this subject, giving some recommendations.
AMLO’s government announced the purchase of 671 new tanker trucks that represent an important investment for the country. The development of these and more stories in our periodic Infrastructure summary.
The President of the Mexican Republic Oil Workers Union (STPRM), Carlos Romero Deschamps, was accused of oil theft. These and other stories in our periodic summary of labor-related issues.
The National Hydrocarbons Commission (CNH) approved an agreement between PC Carigali (subsidiary of Petronas) and China Offshore Oil Corporation (NYSE: CEO) on a block awarded in Round 1.4.
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