On March 21, 2018 Juan Carlos Zepeda, President Commissioner of CNH, highlighted the importance of allowing PEMEX to place a minority stake of the company on the Mexican stock exchange (BMV) through an Initial Public Offering (IPO) with the objective of rising capital and to give the company the financial strength it needs to […]Continue Reading →
PEMEX is seeking to form joint ventures with existing partners for two deepwater blocks which the NOC won in January 2018.
Talks are taking place between PEMEX and the consortium formed by Talos Energy, Premier Oil and Sierra Oil & Gas regarding the drilling of an appraisal well of the […]Continue Reading →
PEMEX announced that CEO Carlos Treviño would be meeting with investors in New York in the next week to promote the companies business plans and international focus.
PEMEX registered a US$19 billion loss in 4Q17 due to foreign exchange losses and higher financial costs.
Mexico has announced licensing round […]Continue Reading →
PEMEX is on the point of sealing a US$2.6 billion deal with a consortium headed by Japanese conglomerate Mitsui & Co for a coking plant in its ailing Tula refinery.
Mexico’s second deepwater licensing Round 2.4 was a great success with 19 of 29 blocks being awarded. Shell won 9 […]Continue Reading →
Geopolitics was the main item on the agenda at Energy Mexico 2018’s oil and gas related conferences at (location) this week. Among the topics were President Trump, NAFTA, North American energy integration, shale oil, OPEC production cutting agreements and their underlying effect on prices. The event was presided over by Jesús Reyes Heroles, former […]Continue Reading →
Shell awarded nine contracts, PC Carigali six, Qatar Petroleum five and PEMEX four
Round 2.4 Main Winners Company Assigned Areas As consortium As lone-player Total awarded areas Shell 2, 3, 4, 6, 7, 20, 21, 23, 28 2, 3, 4, 6, 7 20, 21, 23, 28 9 PC Carigali 10, 12, 14, 25, 26, 29 […]Continue Reading →