(Ft.com, Jude Webber, 9.May.2019) — AndrĂ©s Manuel LĂłpez Obrador, Mexico’s president, has stepped up his commitment to an $8bn refinery project, rejecting three private sector […]
Tag: Pemex
Pemex’s Net Income Falls 132.9% In 1Q:19 Vs 1Q:18, EBITDA Falls 16.6%
(Energy Analytics Institute, Pietro D. Pitts, 25.Apr.2019) — Mexico’s state oil company Petroleos Mexicanos (Pemex) reported a net loss of 35.1 billion pesos ($1.8 billion) […]
Mexico’s State Oil Entity Pemex Swings To Loss In First Quarter
(Reuters, Ana Isabel Martinez, 30.Apr.2019) — Petroleos Mexicanos swung to a 35.7 billion peso ($1.84 billion) net loss during the first quarter as revenues and […]
Pemex Results Swing To Loss In First Quarter
(Reuters, 30.Apr.2019) — Mexico’s Pemex swung to a 35.7 billion peso ($1.8 billion) loss during the first quarter, as sales at the heavily-indebted state oil […]
LatAmNRG Mexico Briefs: Odebrecht Contracts, FMP Transfer, Oil Slide Halted
(Energy Analytics Institute, Jared Yamin, 27.Apr.2019) — Heard on the street and LatAmNRG briefs related to Mexico reviewing Odebrecht contracts, FMP transferring 115 billion pesos […]
Pemex Head Says Fuel Theft In April 2019 Down 98% Since November 2018
(Energy Analytics Institute, Jared Yamin, 22.Apr.2019) — The illegal theft of combustible in Mexico is down 98% since November, announced Pemex General Director Octavio Romero […]
Mexico’s Oil Production In April 2019 Down 1% M-O-M, Down 10% Y-O-Y
(Energy Analytics Institute, Jared Yamin, 22.Apr.2019) — Mexico’s oil production continues to trend downward, according to recent data revealed by government officials. Oil production is […]
7 Oil & Gas Problems That Mexico Must Solve
(Forbes, Jude Clemente, 21.Apr.2019) — 1. Since peaking in 2004, Mexico’s oil production has been sliced in half to below 2 million b/d Although nearly […]
Indian Refiners Turn To OPEC, Mexico, U.S. To Make Up Iran Oil Gap
(Reuters, 18.Apr.2019) — All four Indian state-owned refiners that buy Iranian oil are confident of securing additional barrels from other producers, officials from the companies […]
Talos Energy Provides Update On Zama-2 STI Well Offshore Mexico
(Talos, 15.Apr.2019) — Talos Energy Inc. provided an additional update on the Zama appraisal program in Block 7, located in the offshore portion of Mexico’s […]
CNH Reports 6.9% Drop In Mexico’s Combined 1P Reserves
(Energy Analytics Institute, Jared Yamin, 12.Apr.2019) — Mexico’s National Hydrocarbons Commission (CNH by its Spanish acronym) announced the country’s combined proved (1P) natural gas and […]
To Halt Energy Slide, Mexico Turns To A Trusted Provider: Mexico
(NYT, Elisabeth Malkin, 11.Apr.2019) — President AndrĂ©s Manuel LĂłpez Obrador envisions a future in which Mexico produces more oil, gasoline and electricity. But his strategy […]
Mexico Would Consider State Gas Stations In Push For Fair Prices
(Reuters, 9.Apr.2019) — Mexico’s President Andres Manuel Lopez Obrador said on Tuesday he would consider creating a chain of government gas stations if existing fuel […]
Mexican President Warns Retailers: Keep Gas Prices In Check
(Oilprice.com, Tsvetana Paraskova, 9.Apr.2019) — The Mexican government may consider creating a small network of gas stations that would sell gasoline at lower, “fair prices”, […]
Pemex Said Not To Issue Debt Over the Medium-Term
(Energy Analytics Institute, Jared Yamin, 30.Apr.2019) — PetrĂłleos Mexicanos (Pemex) will not return to financial markets to issue debt over the medium term because spreads […]
Q&A: Mexico Oil Regulator Says Slow Wins The Race
(Argus, 4.Apr.2019) — Mexico’s oil regulator CNH administers more than 100 contracts for oil and natural gas exploration and production (E&P) that will attract $161bn […]
Sempra Gets Licenses To Export US LNG Out Of Mexico
(Argus, 2.Apr.2019) — The US Department of Energy (DOE) has authorized the Energia Costa Azul (ECA) LNG export project in northwest Mexico to re-export US […]