This week, the Mexican Petroleum Fund for Stabilization and Development (FMPED) announced it had exceeded its income expectations by MX$84.9 billion, taking in MX$541.7 billion in 2018. This is the second consecutive year that this has occurred. 2018 revenues were 16.6 percent higher in real terms than those in 2017, and represented 2.4 percent of […]Continue Reading →
Shell, founded in 1907, looks to satisfy society’s energy needs in an economic, social and environmentally responsible way. Present in Mexico since 1954, the company has a strong participation in every Mexican oil and gas segment, from upstream to retail. Mexico Oil & Gas Review 2018 sat down with Director General Alberto de la Fuente […]Continue Reading →
The sudden and severe drop in global oil prices has led to difficulties for a vast majority of oil companies, and PEMEX is far from being spared from disaster. Production at the parastatal is at its lowest level in six years, and adding to its intrinsic challenges comes a decline in drilling activities.
In 2014, […]Continue Reading →
The following is the fifth in a series of summaries of each presentation and panel that took place during the Mexico Oil and Gas Summit last Tuesday, July 1st in the Sheraton María Isabel in Mexico City. To download the speaker’s presentations which have been approved for public distribution so far, […]
by Pedro Alcalá
Pemex has continuously worked with various chambers, institutions and associations at national and international level through workshops, seminars or conferences to jointly identify the latest trends and most pressing requirements of the oil and gas industry. This has ensured competition, innovation and evolution of the state company and the industry. It has also led to […]Continue Reading →
Once the 2013 edition of the Mexican Petroleum Congress (CMP) has been left behind, it is important that all its participants carry on with the spirit of innovation that it conveyed: “Talent to innovate: today’s commitment for tomorrow’s Mexico.” The industry’s recent developments have left the country with a huge trial up front: to continue […]Continue Reading →