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Government seeks to improve tax regime

The Finance and Credit Commission of the Deputies Chamber mentioned that it is working on a new tax regime for private oil-companies.

Thursday, October 20th, 2016
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The Union budget will increase

While Pemex is facing a period of austerity and budget cuts, the Petroleum Workers´ Union will receive more resources next year. Pemex will pay MXN$321M in 2017, according to a report in El Financiero.

Wednesday, October 19th, 2016
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The Government would pay US$268M to Pemex

The Mexican Government will pay part of Pemex investments made in selected areas. Those zones are going to be tender. According to a report in Expansion, the government would pay US$268M.

Wednesday, October 19th, 2016
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Mexico invests in clean energies

The country will invest more than US$400M in renewable energies, according to Minister of Energy Pedro Joaquín Coldwell. Investments will focus particularly on solar energy. Guanajuato is the Mexican State is the most benefited.

Tuesday, October 18th, 2016
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Pemex will extract unconventional oil

Pemex will invest US$54.3M to extract unconventional oil in five onshore areas, in Veracruz. The National Hydrocarbons Commission (CNH) authorized it, in an extraordinary session, according to Forbes México.

Tuesday, October 18th, 2016
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Sierra Oil & Gas wants to have large reserves

The first Oil-Company to win contracts to explore and produce hydrocarbons in Mexico, after the opening of the sector, has big goals in the country. Sierra Oil & Gas seeks to have no less than 500mmbbl in reserves, according to a report in Expansión.

Friday, October 14th, 2016
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