The President of the Energy Commission at the Chamber of Deputies halted approval of the PEMEX Law. In addition, the Superior Audit of the Federation determined that PEMEX Exploración y Producción and PEMEX Transformación subsidiaries could go bankrupt if they were autonomous and independent companies. According to the report, there was a decrease in […]Continue Reading →
On Wednesday, the Superior Audit of the Federation (ASF), an independent institution recommended the government review the proposals and strategies of the Energy Reform to meet the expectations raise d in 2013. The recommendation was given in the third installment of the ASF’s Public Account Report 2017. This document specifies that during the period 2013-2017 […]Continue Reading →
This week’s interview of the week is with Carlos Sandoval, Commercial Vice President of Arendal, an offshore and onshore engineering procurement and construction company.
Q: How is Arendal taking advantage of the opportunities brought about by the new environment in the oil and gas industry?
A: It has taken a few years for the Energy Reform’s […]Continue Reading →
The Week in Oil and Gas is all about finances, M&As and investment. While the volume of the industry’s M&A market decreased in 2018, its value grew compared to the previous year, reports EY. As for investment, Saudi Arabia will boost the figures internationally. In Mexico, civil concerns over poisonous gases produced by hydrocarbon wells […]Continue Reading →
Mexico’s energy sector faced more challenges this week as President Andrés Manuel López Obrador continued to cast doubts over contracts signed during the previous administration. However, citizens will have been happy to hear about his intentions to keep electricity bills low.
Here is a rundown of the big news in the energy sector this week.
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IEnova, one of the first private companies to invest in the Mexican energy sector, has made significant investments in the country’s infrastructure for hydrocarbon transportation, distribution and storage, as well as electricity generation. Present in Mexico since 1996, the company’s mission is to contribute to the country’s development by constructing and operating energy infrastructure. Check […]Continue Reading →