(Shell, 24.May.2021) — Shell Oil Company, a subsidiary of Royal Dutch Shell plc, reached agreement for the sale of its interest in Deer Park Refining […]
Tag: Pemex
US Oil Service Group Seeks $100mn From Mexico In Arbitration Claim
(Reuters, 18.May.2021) — A U.S. oil service group introduced a $100 million claim before a World Bank arbitration court alleging Mexico violated investor protections under […]
BHP Awards McDermott FEED Contract for Trion FPU
(McDermott, 11.May.2021) — McDermott International, Ltd has been selected by BHP Petróleo Operaciones de México, S. De R.L. De C.V., in partnership with Pemex, to […]
Pro-Pemex Bill Clears Mexico’s Lower House
(Bloomberg, 22.Apr.2021) — Mexico’s lower house of congress on Wednesday approved a reform to the country’s hydrocarbon law that removes one of the linchpins to […]
Pemex Says Minatitlan Refinery Repair To Take 90 Days
(Argus, 14.Apr.2021) — Full repairs after a major fire at Pemex’s 285,000 b/d refinery in Minatitlan, Veracruz, will likely take 90 days, although some production […]
Pemex’s Lazaro Cardenas Refinery Off-line
(Reuters, 13.Apr.2021) — Petroleos Mexicanos (Pemex) said on Tuesday the Lazaro Cardenas oil refinery it operates in the eastern city of Minatitlan is out of […]
How Pemex’s Wings Got Clipped
(Reuters, 30.Mar.2021) — Shortly before taking office late in 2018, President Andres Manuel Lopez Obrador vowed to boost crude oil production at Mexican giant Pemex […]
Sener To Decide On Zama Unitization
(Talos, 26.Mar.2021) — Talos Energy Inc. announced that the unitization process of the Zama field will enter its next phase, as established in Mexican regulation. […]
Lopez Obrador Eyes Oil Permits
(Reuters, 26.Mar.2021) — Lopez Obrador argues previous administrations skewed the energy market in favor of business interests and were intent on carving up national oil […]
Mexico Seeks Better Terms From Vitol
(Reuters, 22.Mar.2021) — Mexico is looking to renegotiate some of its hundreds of millions of dollars-worth of contracts with Vitol SA after the global energy […]
LatAm Briefs: Pemex Costs, Ecuador Output
(Energy Analytics Institute, 18.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Banco do Brasil CEO resigning under pressures from Brazil’s President […]
Mexico To Absorb Pemex Amortization
(Reuters, 18.Mar.2021) — Mexico’s government will absorb the debt amortization payments as of this year of state oil firm Pemex, the world’s most indebted national […]
Mexico Taunts Dzimpona-1 Oil Find
(Energy Analytics Institute, 18.Mar.2021) — Mexican officials announced discovery of a new giant oil field called Dzimpona-1 in the state of Tabasco. Reserves at the […]
![Pemex’s 4Q:20 Results [PDF Downloads]](https://energy-analytics-institute.org/wp-content/uploads/2021/03/header-2021-03-05-Resultados-preliminares-al-31-de-marzo-de-2020-Webcast-4Q20-pdf.png)
Pemex’s 4Q:20 Results [PDF Downloads]
(Energy Analytics Institute, 26.Feb.2021) — Mexico’s state oil and gas entity Pemex provided operational and financial details related to its fourth quarter 2020. What follows […]
Pemex To Host 4Q Conference Call
(Energy Analytics Institute, 25.Feb.2021) — Mexico’s state oil giant Petróleos Mexicanos (Pemex) will host its fourth quarter and year-end 2020 conference call on 26 February […]
Mexico Looks to Strengthen Energy Sector
(Energy Analytics Institute, 18.Feb.2021) — Mexico’s President Andrés Manuel López Obrador said the recent Texas freeze that saw many residents in the state lose power […]
Mexico Plans To Help Pemex But Limit Covid Spending
(Bloomberg, 17.Feb.2021) — Mexico is preparing a significant tax break for its state-owned oil firm while the constitution blocks it from taking on debt to […]
Mexico Presses US To Guarantee Gas Supplies
(Reuters, 17.Feb.2021) — The Mexican government called the top U.S. representative in Mexico on Wednesday to press for natural gas supplies after the Texas governor […]
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Work At Dos Bocas Continues [PHOTOS]
(Energy Analytics Institute, 23.Jan.2021) — Construction work at the Dos Bocas refinery in Mexico continues to move forward, announced Mexico’s Energy Secretariat Rocio Nahle. Nahle […]
Pemex Investigates Offshore Pipeline Fire
(Argus, 2.Jan.2021) — Mexico’s state-run Pemex is investigating the cause of a fire that broke out yesterday on a pipeline that carries hydrocarbons from an […]
20 Companies: The Biggest Polluters In The World
(Insider Monkey, 2.Jan.2021) — In this article we are going to list the 20 companies that are the biggest polluters in the world. Click to […]
AMLO’s Nationalism Casts Energy Projects Into Limbo
(Bloomberg, 22.Dec.2020) — Mexican President Andres Manuel Lopez Obrador’s hardball tactics against foreign energy companies are halting projects and reversing a process that until recently […]
Pemex, Talos To Keep Talking Over Shared Oil Find
(Reuters, 22.Dec.2020) — Mexico’s energy ministry has approved a 60-day extension for talks between state oil company Pemex and a private consortium led by U.S.-based […]
Moody’s Warns Of Pemex Downgrade
(Reuters, 15.Dec.2020) — Mexican state oil giant Pemex could sink deeper into junk territory if Mexico’s sovereign credit rating is downgraded, ratings agency Moody’s said […]
Heard Mexico: Braskem Ideas Shuts PE Complex
(Energy Analytics Institute, 3.Dec.2020) — Brazilian-based Braskem Idesa has shut down its Ethylene XXI polyethylene (PE) complex in the city of Coatzacoalcos, after a Mexican […]
Mexico Wins Over $2bn On Oil Hedge
(Bloomberg, 1.Dec.2020) — Mexico will cash in its oil price insurance policy this year for the fourth time only in the last two decades, receiving […]
Pemex To Begin 2021 Oil Hedge Contracting Soon
(Reuters, 26.Nov.2020) — Mexican oil giant Pemex is about to start the process of contracting an oil hedge for 2021, a senior source at the […]
Mexico Oil Executive Asked To Resign
(Bloomberg, 26.Nov.2020) — A director at the trading arm of Mexico’s state oil company was asked to resign after authorizing payments under a profit-sharing plan, […]
Talos Energy Provides Operational Results
(Talos, 4.Nov.2020) — Talos Energy Inc. announced its financial and operational results for the third quarter of 2020. Key Highlights: — Production of 48.6 thousand […]
Mexico Unveils Investment Plan Worth Nearly $14 bln
(Reuters, 5.Oct.2020) — Mexico’s government and business leaders on Monday presented a series of planned investments worth over 297 billion pesos ($13.83 billion) which President […]
Pemex Head Visits Sonda de Campeche
(Energy Analytics Institute, 11.Sep.2020) — Pemex head Octavio Romero Oropeza visits workers on the Ayatsil-C y Akal-B platforms in Sonda de Campeche. See these stories […]
Mexico Slashes Crude Targets In 2021 Budget
(Argus, 9.Sep.2020) — Mexico’s government slashed its crude oil output forecast for the next four years, with next year’s target down by 11pc from the […]
Mexican Oil Union Hints At Strike On Safety Concerns
(Argus, 1.Sep.2020) — Mexico’s oil workers union (STPRM) called on state-owned Pemex to resolve serious operational, safety and security concerns. “We demand our concerns are […]
Mexico’s Lopez Wants Plan To Execute Energy Vision
(Reuters, 11.Aug.2020) — Mexico’s president has given officials until late September to craft a plan to reassert state control over the energy industry as an […]
Work Continues At Dos Bocas In Mexico
(Energy Analytics Institute, 3.Aug.2020) — Construction work at the Dos Bocas refinery continues, according to recent details from Mexico Energy Secretariat published on Twitter. __________ […]
Mexico To Launch World’s Largest Oil Hedge – Sources
(Reuters, 24.Jul.2020) — Mexico has asked top Wall Street banks to submit quotes for its giant oil hedging program, sources familiar with the matter said […]
Talos Instructed To Unitize Zama Field Within 120 Days
(Talos, 9.Jul.2020) — Talos Energy Inc. announced that on 7 July 2020, that it received a notice from Mexico’s Ministry of Energy (SENER) instructing the […]
Sener Authorizes Unification Of Zama Shared Deposit
(Energy Analytics Institute, 8.Jul.2020) — Mexico’s Energy Secretary (Sener) instructed the unification of a shared reservoir between the Zama field discovered through Contract CNH-R01-L01-A7 / […]
Mexico’s Lopez Says He’d Sell Fuel To Venezuela
(Reuters, 15.Jun.2020) — Mexican President Andres Manuel Lopez Obrador said on Monday his country would, for “humanitarian” reasons, sell gasoline to Venezuela if asked to […]
Mexico’s Oil Hedge To Be Pricier
(Reuters, 15.Jun.2020) — Mexico will have to pay more for less coverage under its giant oil revenue insurance policy for 2021, but will likely go […]
Pemex Continues With Tula Refinery Contingency
(Energy Analytics Institute, 3.Jun.2020) — Pemex’s “Miguel Hidalgo” refinery in Tula carried out preventive measures to mitigate the risks of the Covid-19 pandemic among its […]
Mexico To Remain In Opec+, No Output Cuts Planned
(Argus, 22.May.2020) — Mexico will remain within the Opec + group but has no plans for further production cuts, the energy ministry told Argus today. […]
NOCs To Slash Exploration Budgets
(WoodMac, 20.May.2020) — National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie. […]
Energy Dispute Deepens Between In Mexico
(Reuters, 16.May.2020) — The European Union and Canada have formally raised concerns to Mexico about rules they say endanger renewable energy projects, escalating tensions with […]
Pemex’s Oil Reserves Replacement Rate Jumps
(Reuters, 11.May.2020) — The replacement rate of proven oil and gas reserves estimated by Mexican national oil company Pemex soared in 2019 compared to the […]
Pemex Files 2019 Annual Report, Form 20-F
(Pemex, 11.May.2020) — In compliance with the Disposiciones de Carácter General aplicables a las Emisoras de Valores y a Otros Participantes del Mercado de Valores, […]
Pemex’s $44/bl Hedge Floor Adds Ps30bn To Deficit
(Argus, 7.May.2020) — The hedge contracted by Mexico’s state-owned Pemex has a floor of $44/bl, leaving the company exposed to losses below that following the […]
Pemex Presents Audited Stmts As Of 31 Dec. 2019
(Pemex, 4.May.2020) — In compliance with the Disposiciones de Carácter General aplicables a las Emisoras de Valores y a Otros Participantes del Mercado de Valores, […]
Pemex Posts Massive $23.6bn 1Q:20 Loss
(Reuters,30.Apr.2020) — Mexican state oil company Pemex on Thursday said it had posted a $23.6 billion (562.13 billion peso) loss in the first quarter due […]
Pemex To Prioritize Lower-cost Production
(Reuters, 27.Apr.2020) — Mexico’s state oil firm Pemex on Monday detailed measures aimed at mitigating the effects of a steep drop in oil prices, saying […]