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 →
Tabasco, Tamaulipas, Campeche and Veracruz make up Mexico’s key oil and gas states due to their significant onshore and offshore resources. But at Mexico Oil & Gas Summit 2018 on Wednesday at the Sheraton Maria Isbabel hotel in Mexico City, Alejandra Bueno, CEO of R&I Solutions and Strategic Advisor to Access to Energy, said the […]Continue Reading →
As the effects of the continuous implementation of the Energy Reform continue to be felt throughout the Mexican oil and gas industry, it becomes important for Mexico to define the role that it wants to play within its international energy paradigm. However, in order to answer this question one must first […]
by Pedro Alcalá
Pemex’s success of exploration in deepwater in the last twelve months set a high international standard. Carlos Morales Gil, Director of Pemex Exploration and Production, puts it down to the company’s budget flexibility and patience to allow the expertise to develop in order to execute its deepwater programme. This is but one of several examples […]Continue Reading →
One of the biggest conundrums that the Mexican oil industry poses for the expert analysts that follow it closely is the obligation that Pemex has to operate by itself. This has always presented an added challenge to all of the already existing technical and red tape obstacles that the company has to overcome on a […]Continue Reading →
Between 2007 and 2010, Pemex spent around $1.8 billion USD on deepwater exploration, accounting for roughly 24% of the company’s total exploration investment during the period. Much of this money was spent on acquiring seismic data and drilling wildcat wells. As a result of its ramped up seismic acquisition programme, Pemex now collects […]Continue Reading →