The Mexican side of the Gulf of Mexico has generated high expectations in terms of oil exploration and production. However, offshore projects represent major environmental, operational and economic challenges, but the industry is progressing satisfactorily on these issues.
Even though the president-elect promised to increase Mexico’s production, experts explained the factors that would make the proposal unviable.
Mexico opened the doors to foreign and private investment in the energy sector and the National Hydrocarbons Commission (CNH) has carried out several actions to promote the development of the industry. Transparency has been a key issue for the entity, awakening global interest.
According to official figures, the NOC lost part of Mexico’s retail market, but launched its new franchise plan. The development of these and more stories in our periodic Retail summary.
Pemex has faced an operational and financial crisis for several years, seriously affecting the metrics of the oil sector. Recovering oil reserves will be one of the main challenges of Andres Manuel Lopez Obrador (AMLO).
Italy’s ENI spoke of its plans in Mexico for next year, announcing promising results.
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