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Tenaris 2Q19 results

The steel company Tenaris announced its operational and financial results for the second quarter of 2019. The company reported increased revenues thanks to Pemex’s new strategy of offering service contracts and to Energy Reform.

Wednesday, August 14th, 2019
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IIF talks Pemex

The Institute of International Finance (IIF) published a document saying that a more productive Pemex could help reduce Mexico’s fiscal deficit.

Wednesday, August 14th, 2019
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Pemex is losing the gasoline market

Pemex is losing the gasoline market

Energy Reform allowed the entry of new competitors to the Mexican energy market, through free competition. Several brands announced their plans for the gasoline sector and the results have been satisfactory, while Pemex has lagged behind in this new scenario.

Tuesday, August 13th, 2019
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CNH on Pemex farm-outs

The National Hydrocarbons Commission (CNH) spoke about investments in Pemex’s existing farm-outs. Here are the details.

Tuesday, August 13th, 2019
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New Collective Labor Agreement

Pemex and President Lopez Obrador signed the Mexican Republic Oil Workers Union’s (STPRM) new Collective Labor Agreement, leaving a bitter sweet feeling among Mexicans. These and other stories in our periodic summary of labor-related issues.

Tuesday, August 13th, 2019
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Pemex is close to losing the Round Zero fields

Pemex is close to losing the Round Zero fields

Energy Reform allowed the entry of new players to the Mexican oil sector, but authorities awarded the best areas to Pemex in Round Zero anyway. The NOC promised to make large investments in these blocks, but the time is running out to achieve them.

Monday, August 12th, 2019
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