From the monthly archives: September 2019

It has been a week defined by motion for PEMEX. Investors fear the NOC’s plans to turn around its fate will not be enough even as the government contributes US$5 billion in capital and the king of the Mexican oil companies launched a tender offer to prepay a chunk of their US$14,7 billion in […]

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The global energy demand is growing exponentially and there seems to be no stopping it. In 2018, this demand rose at its highest rate in the last decade, increasing 2.3 percent year-on-year. Global use of crude oil, which in 2018 averaged 99.2 MMb/d, should hit 100.6MMb/d by the end of 2019. Yet the energy […]

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President Andrés Manuel López Obrador’s opposition to the country’s Energy Reform and his determination to position PEMEX at the center of Mexico’s energy strategy is set to result in many policy amendments. The government will continue to support the national oil company to resume their private oil ventures.

It was a good week for the […]

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