As it has been the case with the presentation of its quarterly results for the last year and a half or so, PEMEX began its conference call announcing its 3Q14 results with a brief overview of matters surrounding the Energy Reform and the way in which they will impact the NOC. A calendar [...]Continue Reading →
Leaders within PEMEX and the overall public sector of the energy industry have been busy granting interviews and offering statements in the wake of Wednesday’s announcements. These declarations have sought to explore the way in which the Energy Reform will impact PEMEX’s future strategy. For example, a piece in newspaper Reforma titled “PEMEX Evaluates importing [...]Continue Reading →
The following is the second part of our translation of Emilio Lozoya Austin’s speech during yesterday’s announcement.
The second pillar in PEMEX’s strategy is the most important in the short term regarding partnerships and associations for the development of the fields assigned to it in Round Zero. We are talking about 10 projects that are [...]Continue Reading →
The following is an extract of Emilio Lozoya Austin’s speech during yesterday’s announcement. Part 2 will cover the remaining “pillars” of Pemex’s strategy.
The exploration areas and productive fields assigned to PEMEX guarantee the viability in the short and medium term for it to operate, while also setting the foundation for its expansion in the [...]Continue Reading →
The results of the Round Zero and the content of Round One were announced today by a contingent of public sector leaders in the Mexican oil & gas industry that included SENER heads Pedro Joaquin Coldwell and Lourdes Melgar, PEMEX CEO Emilio Lozoya Austin, PEMEX E&P Director General Gustavo Hernández and CNH Commissioner Juan Carlos [...]Continue Reading →
After PEMEX sent its petition to SENER to keep 83% of 2P Reserves and 71% of its total productive assets on March 21st of this year, President Enrique Peña Nieto has now pushed forward the announcement of the final decision based on the now productive enterprise of the state’s technical, financial, and operational capabilities. According [...]Continue Reading →