Pemex has reported little exploratory activity in recent years, affecting its reserves and oil production metrics. However, the NOC recently announced a large light crude oil discovery . Experts talked about this announcement.
During his visit to Guanajuato, the president-elect spoke about his oil-theft concerns and sent a clear message to the NOC’s directors. The development of these and other stories in our periodic Security summary.
Mexico is facing a difficult situation in the refining sector, creating a high dependence on imports. The country is analyzing different alternatives to solve this problem such as sending more crude to the National Refining System (SNR). The consulting firm KPMG talked about this situation and the effects of these alternatives.