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Foreign Direct Investment in Energy Sector grows

Foreign Direct Investment (FDI) during the first half of 2016 increased 93% compared to the same period last year.

Friday, August 26th, 2016
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Government refutes gas distributors

After the reduction announcement to the price of Liquefied Petroleum Gas (LPG), some suppliers threatened that they would stop importing some of the domestic demand volume. It could create a shortage.

Friday, August 26th, 2016
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Pemex’s current situation could get worse

The continuing decline in production could aggravated Pemex┬┤s financial situation. According to a report in El Financiero, the company production could fall to 1.6mmbbl in 2020, due to the company does not have the resources or technology to modernize the oldest fields.

Thursday, August 25th, 2016
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Few Private equity firms are looking to invest in Latin American oil sector

Only 26% of 100 operational managers and private equity firms worldwide (who have invested in oil during the last two years), showed interest to invest in the next 12 to 24 months, in the Latin America oil sector, according to a survey of the consulting agency Ernst & Young (EY).

Thursday, August 25th, 2016
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Pemex is close to 100 thousand pensioners

Pemex is close to 100 thousand pensioners

The oil company reported 97.474 retirees during 2015, representing a 12% increase compared to previous year, according to the sustainability report 2015. The graph shows the pensioners distribution over the past 5 years.

Wednesday, August 24th, 2016
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Liquefied Petroleum Gas Price reduction

Mexican authorities have decided to reduce the maximum price of Liquefied Petroleum Gas (LPG) by 10%. This percentage is equivalent to a MXN$1.28 reduction.

Wednesday, August 24th, 2016
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