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FEMSA enters Mexico’s private fuel market

Last week FEMSA opened its first gas station in the city of San Pedro Garza García (Nuevo León). “Oxxo Gas” is the name that the company has chosen for its new strategic business unit.

Tuesday, July 12th, 2016
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Mexico keeps strengthening its international relations

Last week we wrote about the International Cooperation Agreement between Mexico and France that took place in Merida (Yucatán). Now it is time to talk about the relations between Mexico, Norway and Italy.

Monday, July 11th, 2016
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Pemex has had a bad semester

Pemex has revealed production data and these are not positive. According to El Financiero, in the first half of 2016, crude oil extraction fell 2.5% compared to the same period last year.

Monday, July 11th, 2016
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Renaissance suggests a new royalty structure for future rounds

Renaissance Oil, which feels proud to be the first private company to extract oil in Mexico after 70 years, considers that the royalty fee structure that it will pay to the state for oil production in the three blocks acquired in the Round One, generates too much pressure on the investments required to extract oil at great depths.

Friday, July 8th, 2016
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OECD believes that Mexico has a strong macroeconomic framework

The Organization for Economic Co-operation and Development (OECD), believes that Mexico has a solid macroeconomic framework to address “very troubled waters” in the current economic situation.

Friday, July 8th, 2016
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Bacteria could help in case of oil spills

Facing the imminent development of hydrocarbons in the Gulf of Mexico, studies are underway to create contingency plans in case of oil accidents. A research group at the Institute of Biotechnology at the Autonomous University (UNAM) is performing metagenomics studies, seeking to identify the bacteria that degrade hydrocarbons.

Thursday, July 7th, 2016
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