CNH approves Jaguar E&P’s Miguel Hidalgo field transition program, Pemex has plans to develop the Octli field and IEnova targets regasification for growth despite Mexico’s slow energy transition.
AMLO continues on his crusade to return the fuel monopoly to Pemex claiming it is necessary due to corruption, the exploration strategy of Pemex is creating risks for public finances in the future and Pemex will now buy the 50% stake of Shell in the Houston based Deer Park refinery.
Northern neighbors called on Mexico to respect investments, Pemex’s lax reporting standards could be creating a conflict with the SEC, the NOC has a green light for its Copali well.
Despite a need for Fracking, Pemex is planning to resurrect its attempts at producing the Chicontepec resource; the NOC’s bunker oil production is hitting new highs: and Pemex also plans to reacquire two hydrogen plants.
Pemex will absorb its subsidiary which participates in the Deer Park Refinery alliance with Shell, Pemex faces another claim from a US service provider, 15% refinery growth in March for Pemex.
Pemex claims it has a study on the Zama reserve which gives it a majority of the oil, Capricorn Energy discloses plans for two exploratory wells while Pemex’s debt continued to climb in 2020.