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.
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.
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.
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.
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.
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.