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, […]
by Sara Warden
Last week, President-Elect López Obrador confirmed the first days of its administration would oversee the execution of a drilling round for December 2018, ASEA inaugurated its digital platform, CRE merged the Contract Transfer Phases and CENAGAS has a natural gas storage asset ready to tender. Meanwhile, OPEC reached its highest production levels in 2018 […]Continue Reading →
Between successful project conclusions, natural gas storage facilities in the pipeline and a counter-monopolistic investigation, Mexico’s natural gas market had contrasting news last week. Meanwhile, US Treasury Secretary Steven Mnuchin dented IOCs’ stock market value, while ExxonMobil is facing business difficulties and OPEP members agreed to increase crude oil production.
Ready to drill […]Continue Reading →
Mexico is paving the way for natural gas to become the country’s standard, cost-competitive and environmentally friendly fuel source for bolstered economic activity, panelists told the audience at the Mexico Oil & Gas Summit 2018 at the Hotel Sheraton Maria Isabel in Mexico City on Wednesday. Representatives from CENAGAS, CRE, the Ministry of Energy and […]Continue Reading →
PEMEX is working around the clock to remain at the top of Mexico’s oil and gas industry, new entrants stake their foothold in their country to capitalize on the unlocked opportunities and licensing rounds may come up against some hurdles in 2019. Meanwhile, the Arctic’s underground treasures are set to surface by 2019 and […]Continue Reading →
The classic demand and supply dynamic will determine how quickly Mexico develops its natural gas pipeline, panelists said at the Mexico Oil & Gas Summit 2017 as they reflected on the challenges and opportunities that Mexico’s fast-growing pipeline network entails.
“We are experiencing a transformation. From having a government controlled industry, we are now going […]Continue Reading →