MEXICO CITY, MEXICO (By Pietro D. Pitts, Energy Analytics Institute, 17.Dec.2024, Words: 2,164) — International oil companies (IOCs) in Mexico’s oil and gas sector have […]
Tag: Pemex
Fitch Affirms Pemex’ IDRs at ‘B+’; Outlook Stable
(Fitch, 16.Dec.2024) — Fitch Ratings has affirmed Petroleos Mexicanos’ (Pemex) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘B+’ with a stable outlook. […]
US piped-gas exports to Mexico up 5% week-over-week
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 12.Dec.2024) — US piped exports of natural gas to Mexico averaged 6.4 billion cubic feet per day […]
Fact sheet: Harbour Energy in Mexico
MEXICO CITY, MEXICO (By editors at Energy Analytics Institute, 7.Dec.2024, Words: 438) — Harbour Energy is one of the leading international upstream companies in Mexico, […]
EAI’s NRGBriefs Nov.2024: GranMorgu iEPCI, Sempra PALNG1, Energy Transfer ammonia hub
HOUSTON, TEXAS (Energy Analytics Institute, 30.Nov.2024) — Energy briefs as well as others related to finance and projects during Nov. 2024 including Woodside Energy saying […]
LatAm NRG Matters: Highlights, Heard for the Week Ended 29 Nov. 2024
(Energy Analytics Institute, 29.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 29 Nov. 2024. —Argentina: YPF has put […]
Pemex seeks to maintain liquids+condensates production
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 29.Nov.2024) — A key feature of the business plan for state-owned Petróleos Mexicanos (Pemex) during the sexenio of […]
Pemex Denies “Freezing” Contracts with Service Providers
(Energy Analytics Institute, 28.Nov.2024) — Petróleos Mexicanos (Pemex), in response to local media reports, said it is not “freezing” contracts with service providers. Pemex said […]
Pemex Credit Metrics Continue to Weaken, Moody’s Warns
(Pietro D. Pitts, Energy Analytics Institute, 27.Nov.2024) — The credit metrics for state-owned Petróleos Mexicanos or Pemex (B3 negative) continue to weaken, according to Moody’s […]
LatAm NRG matters: highlights, heard for the week ended 22 Nov. 2024
HOUSTON, TEXAS (Energy Analytics Institute, 22.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 22 Nov. 2024. LATIN AMERICA […]
![“LatAmNRG matters” podcast: Roberto Salinas León on narco candidates, El Chapo [audio]](https://energy-analytics-institute.org/wp-content/uploads/2024/10/ss521559409-citgo.jpg)
“LatAmNRG matters” podcast: Roberto Salinas León on narco candidates, El Chapo [audio]
MEXICO CITY, MEXICO (Pietro D. Pitts, Energy Analytics Institute, 20.Nov.2024, Words: 148) — Mexico Business Forum head Roberto Salinas León spoke with Pietro D. Pitts—for […]
LatAm NRG matters: Mexico launches hydrocarbon sector strategy
HOUSTON, TEXAS (By Energy Analytics Institute, 15.Nov.2024, Words: 329) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 15 Nov. […]
Mexico to Present Long-term Pemex Plan
(S&P, 14.Nov.2024) — Mexico’s new government is expected Nov. 13 to present its long-term plan for Pemex as it prepares to modify the state oil […]
Woodside’s Trion development cuts first steel for fabrication of FPU
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 14.Nov.2024) — Australian energy giant Woodside Energy announced the start of steel fabrication for the semi-submersible floating […]
Pemex lays out strategic lines for 2024-2030
MEXICO CITY, MEXICO (Pemex, 13.Nov.2024, Words: 833) — During the morning conference “las mañaneras del pueblo”, held by Mexican President Dr. Claudia Sheinbaum Pardo, Petróleos […]
LatAm NRG Matters: Highlights, Heard for the Week Ended 8 Nov. 2024
(Energy Analytics Institute, 8.Nov.2024) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 8 Nov. 2024. —Argentina: YPF execs. met […]
Commentary: Mexico and Canada Step Up LNG Efforts
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 5.Nov.2024, Words: 750) — It’s another landmark moment for North American energy. That is, after Mexico shipped […]
LatAm NRG matters: highlights, heard from Pampa Energia to Ecopetrol and Petrobras
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 1.Nov.2024, Words: 489) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 1 […]
Mexico’s Sheinbaum looks to reduce costs at state-owned energy giant Pemex
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 30.Oct.2024) — Mexico’s President Claudia Sheinbaum Pardo said the main plan for state-owned Pemex was to make […]
Pemex Reveals 3Q:24 Results, 1.8 MMb/d Output Goal (PDF Downloads)
(Pemex, 29.Oct.2024) — During the third-quarter 2024 (3Q:24) Petróleos Mexicanos (Pemex) maintained its commitment to provide timely support for operations, employing resources responsibly and efficiently. […]
Pemex’ 3Q:24 production averaged 1.76 MMb/d, while debt falls to $97.3bn
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 29.Oct.2024) — Mexico’s state-owned Pemex reported average liquids and condensate production of 1,764 Mb/d in the third-quarter […]
Constitutional reform to strengthen Pemex and CFE, Sheinbaum says
MEXICO CITY, MEXICO (By Piero Stewart, Energy Analytics Institute, 28.Oct.2024, Words: 185) — Mexico’s constitution reform is very important as it represents returning Pemex and […]
Pemex Looks to Boost Reserves During Sheinbaum Presidency
(Reuters, 23.Oct.2024) — Mexican state oil company Pemex aims to increase its hydrocarbon reserves and ensure their restitution during the government of new President Claudia […]
PEP Reveals Goals and Actions for 2024-2030
(Energy Analytics Institute, 19.Oct.2024) — Pemex Exploration and Production (PEP) announced actions and goals it will pursue during the 2024-2030 timeframe under Mexico’s new President […]
LatAm NRG matters: highlights, heard from Brazil and Cuba to Mexico and Venezuela
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 18.Oct.2024, Words: 494) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 18 […]
Deadly Houston Fire Highlights Pemex’s Grim Safety Record
(Bloomberg, 14.Oct.2024) — A fatal accident last week at a Houston-area refinery was another reminder of the risks posed by the oil industry that dominates […]
Pemex Deer Park Scales Back Operations after Accident
(Reuters, 12.Oct.2024) — Mexican national oil company Pemex‘s Deer Park oil refinery near Houston will operate this weekend at a low level following a deadly chemical leak a […]
LatAm NRG matters, highlights, heard: YPF partner search, Woodside acquires Tellurian
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 11.Oct.2024, Words: 520) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 11 […]
Pemex’ general director Padilla provides Deer Park accident update
MEXICO CITY, MEXICO (Energy Analytics Institute, 11.Oct.2024) — Petróleos Mexicanos (Pemex) general director Víctor Rodriguez Padilla provided an immediate briefing related to the 10 Oct. 2024 […]
CSB to Probe Fatal Release at Pemex Refinery in Deer Park
(CSB, 11.Oct.2024) — The U.S. Chemical Safety and Hazard Investigation Board (CSB) announced that it is launching an investigation into a fatal release of hydrogen […]
New Pemex refinery at about 80% of capacity: Sheinbaum says
MEXICO CITY, MEXICO (Reuters, 10.Oct.2024, Words: 220) — Mexico’s state-owned Pemex’s new oil refinery is processing crude at about 80% of its capacity, the country’s president said […]
Mexico’s New President Promises to Resume Fight Against Climate Change
(AP, 5.Oct.2024) — In her first days as Mexico’s new president, Claudia Sheinbaum made a point of distancing herself from the fossil fuel reliance promoted […]
LatAmNRG matters, highlights, heard: Argentina LNG, $7.3bn Amber-Citgo deal
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 4.Oct.2024, Words: 423) — LatAm NRG highlights, headlines and “heard on the street,” for the week ended 4 […]
Pemex Posts Drop in Oil Output as AMLO Exits
(Reuters, 27.Sep.2024) — Crude output by Pemex fell in August as Mexico’s national oil company failed to reduce fuel imports in line with company targets, […]
Sheinbaum taps first woman to lead state power firm CFE
(Reuters, 12.Aug.2024) — Mexican President-elect Claudia Sheinbaum on Monday named Emilia Esther Calleja to lead state power firm Comision Federal de Electricidad (CFE), making her […]
Pemex Reports 2Q:24 Financial, Operational Results
(Pemex, 26.Jul.2024) — Regarding financial results, Pemex reported a net loss of MXN 255.9bn was obtained in 2Q:24, MXN 281.4bn lower than the net profit of […]
Experts Call for ‘Serious’ Debate About Fracking in Mexico
(S&P, 16.Jul.2024) — Given the large amount of unconventional hydrocarbon resources found in Mexico and how much fracking technology has advanced, the country cannot afford to […]
US-Mexico Energy Trade Value Fell in 2023
(EIA, 15.Jul.2024) — The value of all energy trade between the United States and Mexico decreased almost 15% from $77.8bn in 2022 to $66.5bn in […]
Mexican Billionaire Carlos Slim Wants to Join Pemex in Deepwater Natural Gas Project
(Reuters, 17.Jun.2024) — Mexico’s President Andres Manuel Lopez Obrador said on Friday that businessman Carlos Slim is interested in participating in the country’s first deepwater […]
Mexico’s Sheinbaum seen Tapping Political Heavyweights for State Energy Jobs
(Reuters, 12.Jun.2024) — Mexico’s former foreign minister, the scion of a legendary political family, and a party boss are in contention for top energy-related jobs […]
PEMEX Concludes Working Sessions with Suppliers
(PEMEX, 23.May.2024) — The CEO of Petróleos Mexicanos (PEMEX), Octavio Romero Oropeza, concluded a three-day round of working sessions held in Villa Hermosa, Tabasco, and […]
PEMEX reaffirms commitment to pay suppliers
MEXICO CITY, MEXICO (PEMEX, 22.May.2024, Words: 291) — The CEO of Petróleos Mexicanos (PEMEX), Octavio Romero Oropeza, currently on a working tour of the southeastern […]
AMLO’s ‘Dream’ Pemex Refinery Hits Another Delay
(Reuters, 17.May.2024) — Mexican state energy company Pemex started sending 16,300 barrels per day (bpd) of crude oil to its new Olmeca refinery this week, less than […]
Interest Remains in Mexico’s Oil and Gas
(S&P, 15.May.2024) — There is still a lot of private and international interest in developing the oil and natural gas resources in Mexico despite the […]
PEMEX Continues Path to Transformation
(PEMEX, 3.May.2024) — During the morning press conference held by the President of Mexico, Andrés Manuel López Obrador, the CEO of Petróleos Mexicanos (PEMEX), Octavio […]
Potential Sour Crude Deficit Looming in the Gulf
(BTU Analytics, 23.Apr.2024) — Historically, more than half of Mexico’s heavy sour crude oil exports, mostly Maya blend, end up in the U.S., which is […]
Pemex to Remain A Fiscal Challenge for Next President of Mexico
(S&P Global Ratings, 15.Apr.2024) — Mexico’s relationship with state-owned oil giant Pemex will remain a fiscal challenge for the country’s next presidential administration, said S&P […]
Mexico’s Zama Project Undergoing Changes in Engineering Design
(Offshore staff, 12.Mar.2024) — The Zama offshore oilfield development project operated by state company Pemex has been “delayed for the right reasons,” according to Talos […]
Woodside Gets Social Impact Assessment Approval for Trion
(Woodside Energy, 13.Feb.2024) — Woodside announced the Trion oil and gas project has received approval for its Social Impact Assessment from the Mexican Ministry for […]
![Pemex’ ESG Outlook [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/04/pemex-1078x808-1-870x522-mexico.jpg)
Pemex’ ESG Outlook [PDF Download]
(Pemex, 31.Jan.2024) — Pemex‘ sustainability plan will focus on the most material components related to the oil and gas industry. And, the three main areas […]