Search for your article of interest

Recent News

Pemex seeks to refinance a credit

The State-Company is seeking to refinance a US$250M. It could cost 1% higher than current interest rate, according to a report in El Financiero. An anonymous person, who is working in the operation, gave the information.

Friday, October 21st, 2016
Usefulness:
Rigs keeps falling

Rigs keeps falling

Pemex reported only fifteen rigs working during 3Q16. Compared to the same period last year, it means a 75% decrease, according to Pemex database. The State-Company used 5 rigs for exploration and 10 to development wells.

Friday, October 21st, 2016
Usefulness:

Pemex seeks to increase interest in Trion

Pemex with Mexican Authorities have been working to create an attractive Joint Operation Agreement (JOA) to big Oil-Companies, with the aim of developing the Trion field. There are only two months to the bid.

Thursday, October 20th, 2016
Usefulness:

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
Usefulness:

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
Usefulness:

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
Usefulness: