This week the oil industry faced a mixed bag. While Russian and Mexican entrepreneurs pledge investment in Mexico’s energy sector, the country continues to experience drops in production and fuel continues to be stolen. Meanwhile, CFE is evaluating the transfer of its pipelines to CENAGAs and investigations are underway in LPG theft.
In Latin America, […]Continue Reading →
This week, the Mexican Petroleum Fund for Stabilization and Development (FMPED) announced it had exceeded its income expectations by MX$84.9 billion, taking in MX$541.7 billion in 2018. This is the second consecutive year that this has occurred. 2018 revenues were 16.6 percent higher in real terms than those in 2017, and represented 2.4 percent of […]Continue Reading →
Shell, founded in 1907, looks to satisfy society’s energy needs in an economic, social and environmentally responsible way. Present in Mexico since 1954, the company has a strong participation in every Mexican oil and gas segment, from upstream to retail. Mexico Oil & Gas Review 2018 sat down with Director General Alberto de la Fuente […]Continue Reading →
There is no denying that shallow waters are Mexico’s forte. At the height of its production boom, the Cantarell complex was producing 2.1 million b/d, ranking it the second-fastest producing field in the world. The knowledge and experience of the service providers that worked with PEMEX in shallow waters will be invaluable to the new […]Continue Reading →