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Pemex independents directors’ salaries

Being one of the five persons who advise Petróleos Mexicanos (Pemex) is a great benefit for their pockets. According to El Universal, during the past fifteen months, Pemex’s disbursed around MXN$ 14.4 million (Approx. US$ 791.1 thousand) to the Independent Directors for their services.

Friday, July 1st, 2016
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ABB Group is looking to growth in Mexico

Asea Brown Boveri (ABB) is very interested in improving its market share in the automotive and energy sectors in Mexico.

Friday, July 1st, 2016
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Lakach project could start again

Pemex has delayed the project in the Lakach gas field for various difficulties over the last years but according to a report in Imagen del Golfo, Mayor of Alvarado, Octavio Ruiz Barroso said that the company could restart this important plan in coming months.

Thursday, June 30th, 2016
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Pemex Trade Balance

Pemex Trade Balance

After six consecutive months with a negative trade balance, in May Pemex registered a surplus in its trade balance of US$ 24 million, according to Pemex reports.

Thursday, June 30th, 2016
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Pemex is selling 20 gas stations

Last Monday in our article about fuel industry liberalization in Mexico, we said that in 5 years that most of the fuel distribution market (60%) expects to pass to private hands.

Wednesday, June 29th, 2016
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Mexico’s natural gas imports

Mexico’s natural gas imports

Last week we mentioned the 1.5% growth in propane (LPG) imports, after falling five consecutive years, now we look at natural gas.

Wednesday, June 29th, 2016
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