Over a week ago, the state of Michoacán was subjected to several attacks on Pemex and CFE installations; a total of 24 gas stations and electrical installations in towns like Uruapan, Zamora and Apatzingán were targeted with Molotov cocktails and gunfire. No one was hurt, but 420,00 energy consumers were affected; the attacks [...]Continue Reading →
It has been over six months since the basement of Pemex Tower B2 was torn apart by a ball of fire that ended the life of thirty-seven people and injured over a hundred and twenty. What was once surrounded in mystery and speculation (the basement housed a part of the Pemex’s archives) has [...]Continue Reading →
The combination of low gas prices and a growing economy has boosted natural gas demand in Mexico, but in spite of the state’s best efforts to quench the nation’s ever growing thirst for energy through a mixture of LNG and natural gas imports, there is an urgent need for development and extension of pipeline networks. [...]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 →
When Felipe Calderón Hinojosa became President of Mexico in 2006, he appointed Jesús Reyes-Heroles as Pemex CEO. One of the main objectives with the changes made was for the NOC to become more competitive. The strategic decisions made with this idea in mind included fighting for an energy reform that would allow more participation from [...]Continue Reading →
Jaws dropped; rumours confirmed; verification received: Pemex is doing a great job in deepwater exploration.
Five and a half weeks ago, people involved [...]Continue Reading →