After the election of Donald Trump as President of the USA, Mexico is living an period of uncertainty. Executives from both countries have to be prudent.
Mexico is in a process to develop its offshore zone in the Gulf of Mexico. The first step was Round 1.4, which drew good participation by the heavyweights. Authorities want to avoid environmental tragedies.
The Federal Government seeks to create a competitive energy market in the country and the gasoline industry will be open to free competition next year.
The alliance between Pemex and the Australian company BHP Billiton will bring many benefits to develop the Trion field. The main one will be the reduction of production costs.
Pemex made a bond issue for US$5.5B. International investors received it with enthusiasm. The good news for the company continues.
The Oil-Company is working to improve its operations and be more efficient. Pemex began training in the transportation area to reduce the number of accidents and infractions.
2019, Hydrocarbons Mexico, All Rights Reserved.
