The situation as it stands in Mexico today is that PEMEX refineries are unable to return to the levels of efficiency and production they saw 10 years ago when they averaged 303,400 million barrels per day of refined hydrocarbons.
During 2014, PEMEX about 35% of the distillation capacity of Mexico went unused, mainly […]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 →
These are exciting but challenging times for the refining branch of Pemex; the question of what to do with Pemex’s refineries is often a controversial one, as low efficiency and consistent loss making (US$6.9 million in 2012) have given the branch the unwanted label of black sheep. However, the approved budget for 2014 shows a […]Continue Reading →