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Proteca drill time record; ICC-M: Changes in import rules amount to expropriation, Pemex gasoline sales — HCM for 2021 07 23

Mexican services firm Proteca set a new record for completing a Pemex offshore well; ICC-M: Changes restricting hydrocarbons imports amount to an expropriation of private infrastructure; Pemex gasoline sales in May 2021 continue to recover compared to 2020

Thursday, July 22nd, 2021
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Senators call for Biden to protect US investments in Mexico; LNG terminal launch; Gas Bienestar already exists — HCM for 2021 07 22

A bipartisan group of US Senators called on Biden to protect US energy investments in Mexico; New Fortress Energy launches a new LNG terminal; Gas Bienestar already exists and has operated for two years,

Thursday, July 22nd, 2021
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82 firms stripped of fuel import license; New OPEC production limits for Pemex; CNG delivery at ECA terminal — HCM for 2021 07 21

82 companies have been stripped of fuel import licenses without any explanation by authorities; Pemex’s production will be limited by OPEC mandated quotas; BP delivers the first shipment of CNG to the Energía Costa Azul (ECA) terminal.

Wednesday, July 21st, 2021
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USMCA case timeline; Pemex supplier debt; Institute: Gas Bienestar not the answer to LNG price issues — HCM for 2021 07 20

In six months to a year hydrocarbons disputes could make it to tribunales associated with the USMCA; Pemex owes more than MXN 51B to suppliers; Gas Bienestar to create pressure on public finances and will not solve high prices

Monday, July 19th, 2021
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Constitutional reforms harder to halt; Optimistic view on Deer Park; Supreme Court accepts filing against Hydrocarbons Reform — HCM for 2021 07 19

An eventual constitutional reform would be much harder to halt; An optimist’s view of Pemex’s purchase of the Deer Park refinery; The Supreme Court has accepted a challenge to the Hydrocarbons Reform

Friday, July 16th, 2021
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Talos prepares for Zama legal battle; AMLO electrical constitutional reform; Pemex retail gasoline market in 2021 — HCM for 2021 07 16

Talos Energy has retained a legal firm in a sign it is gearing for a legal battle over the Zama field; AMLO seeks to change the constitution to hand over control of the electrical energy market to CFE; Pemex’s brand control of the gasoline retail market has dropped in 2021.
Talos Energy lawyers up over Zama dispute

Thursday, July 15th, 2021
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