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Clandestine Oil Taps Fall

Clandestine Oil Taps Fall

The cumulative number of clandestine oil taps showed an 8.09% fall in January-September compared to the same period last year. It was reported a total of 4,183 attacks at Pemex´s pipelines during the nine months of 2016. While last year, the sum was 4,551 assaults, according to a statement of the oil-company.

Tuesday, October 11th, 2016
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ASEA and BOEM sign a letter of intent

The Agency for Safety, Energy and Environment (ASEA) and the Bureau Ocean Energy Management (BOEM) signed a letter of intent to strengthen “cooperation, coordination and information exchange on environmental issues related to hydrocarbon activities offshore in the Gulf of Mexico”, according to a press release.

Monday, October 10th, 2016
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Magna production plummets

Magna production has had a steady decline during 2016. According to Pemex data, it was produced 279mmbpd of magna gasoline in August, which means a 20% fall compared to the same period last year. Magna gasoline is the most consumed fuel in Mexico.

Monday, October 10th, 2016
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Mexico could reduce its methane content in Oil and Gas

The country has great potential to reduce greenhouse gases. But Mexican authorities must create more public policies. Mexico could reduce up to 50% methane content in oil and natural gas, according to Terra.

Friday, October 7th, 2016
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IMF highlights structural changes in Mexico

At the Eighth Meeting of Finance Ministers of the Americas and the Caribbean, Christine Lagarde, Managing Director of the International Monetary Fund (IMF) acknowledged that Mexico has made great advance in structural reforms and financial inclusion terms, according to Dinero en Imagen.

Friday, October 7th, 2016
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IMF reduces growth prospects for Mexico

The International Monetary Fund (IMF) has reduced Mexico´s growth expectations for the next two years. The oil crisis and the poor performance of the United States were the main reasons to make this decision.

Thursday, October 6th, 2016
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