The Energy Regulatory Commission (CRE) is now reporting propane prices in the country. These increased substantially last year, causing much dissatisfaction and other economic consequences. However, it seems like this metric is changing its trend, at least in 1Q18, but prices are still high compared to previous years.
Mexico has great potential in the exploration and production of hydrocarbons, but there are many areas that have not been sufficiently explored, especially in the Gulf of Mexico. The National Polytechnic Institute (IPN) announced work on this subject.
Pemex has significantly increased its dependence on imports of refined-products due to the operational and financial problems in its refineries. Pemex Board of Directors made a report on the effects of this situation.