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Gulf Mexico asks to bring forward gasoline´s prices liberation

The Mexican subsidiary of Gulf calls upon the Government to accelerate fuel´s prices liberation for the next year, and the firm argues that this would not mean an explosion of gasoline imports, according to Millennium.

Friday, September 16th, 2016
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Three oil-companies could join forces to bid together

Murphy Oil, Petroliam Nasional (Petronas) and Sierra Oil & Gas would be in talks to form a group and participate together in coming tender that will take place next December, to operate in deep-waters of Gulf of Mexico, mentions El Financiero.

Thursday, September 15th, 2016
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Private oil production increases

Privates companies that are extracting oil on Mexican soil, have increased their production around 22.5% in just two months.

Thursday, September 15th, 2016
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Mexico and Brazil sign cooperation agreement

The National Hydrocarbons Commission (CNH) and the National Petroleum, Natural Gas and Biofuels Agency (ANP) of Brazil signed a technical cooperation agreement, according to a press release of the CNH.

Wednesday, September 14th, 2016
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Pemex’s financial debt

Pemex’s financial debt

Pemex’s financial debt continues growing and it seems that nothing could stop it. Pemex reported a total debt of US$YS$96.2B in 2Q16.

Wednesday, September 14th, 2016
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Federal Government releases economic conditions for Trión

The Secretariat of Finance and Public Credit (SHCP) announced the additional royalty values for the Trión block. According to Reuters, the maximum and minimum values are 4% and 3% respectively. On 5 December the bidding of this field will take place.

Tuesday, September 13th, 2016
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