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Chicontepec block has been expensive to Pemex

Chicontepec block has been expensive to Pemex

The state oil-company has been struggling to stem the production decline. It has been mainly due to the drop of its main blocks, especially Cantarell, which was the most important of Mexico, some years ago.

Thursday, August 11th, 2016
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Solar Energy will increase in Mexico

Energy reform seeks that alternative energies have an important role in the country. The reform stipulates that at least 5% of energy supply must come from renewable resources, in 2018.

Wednesday, August 10th, 2016
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Companies interested in Trion

Last week, we mentioned that the National Hydrocarbons Commission (CNH) approved the bases for the block tender. After the CNH´s announced, speculations has grown about which companies would work with Pemex.

Wednesday, August 10th, 2016
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States oil-revenues drop

States oil-revenues drop

Low oil prices have made a difficult year for the oil industry. Recently the daily Express mentioned that the profit margin in the first half of the year was US$7.73 per barrel, 12.2% lower than last year (US$8.81 per barrel). The new is not a surprise due to oil price fluctuations.

Tuesday, August 9th, 2016
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Changes for Round Two were released

Secretary of Energy (Sener), the Secretary of Finance and Public Credit (SHPC) and the National Hydrocarbons Commission (CNH) in a statement made public the modifications of the model contracts and the bidding bases for exploration and extraction of hydrocarbons in the Gulf of Mexico.

Wednesday, August 3rd, 2016
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Credit plan for Pemex´s suppliers

BBVA-Bancomer Financial Group has established a program to defer payments without exceeding the original loan period. This support program will benefit 26 credits granted to natural or legal persons who are related to Pemex

Wednesday, August 3rd, 2016
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