Global politics made an impact on Mexico’s oil prices this week as the US-China trade war was reignited. Nationally, SENER announced that Dos Bocas will bring a financial return to Mexico with five of six construction packages awarded.
Don’t miss this week’s Interview of the Week with Michael Ross, Vice President and Country Manager Mexico […]Continue Reading →
Although exploratory activities in the 1970s strengthened Tabasco’s position as an oil-producing state, the end of the oil boom in the 1990s relegated the state to a neglected position in the federal development plan. Now, Tabasco seeks to regain its position and become Mexico’s energy capital mainly through one of President López Obrador’s flagship projects: […]Continue Reading →
Although the Dos Bocas refinery project continues to attract the most attention within the new administration’s portfolio of flagship infrastructure and development projects, this initiative can only be understood within the larger context that calls for a massive reactivation of Mexico’s National Refining System, Director General of IMP Marco Antonio Osorio said today in Mexico […]
by Pedro Alcala
In line with the social vision championed by President López Obrador’s administration, ASEA has revamped its strategy to ensure environmental integrity, justice for communities and safety in operations. On the first day of Mexico Oil & Gas Summit 2019, held at the Sheraton Maria Isabel hotel in Mexico City, Luis Vera, Executive Director of ASEA, […]Continue Reading →
Further clarity was given to the government’s plans for the construction of the Dos Bocas refinery last week, as Secretary of Energy Roció Nahle explained the thinking behind the government’s decision to have PEMEX take project lead.
The administration gave further tax breaks to PEMEX to aid its precarious financial situation, and more good news […]Continue Reading →
It was another mixed week for Mexico’s oil and gas industry as the financial woes of PEMEX were once again laid bare, with the company reporting heavy losses for 2018 and causing concern in the market. The IMF waded into the fray and called for Mexico’s most important company to come up with a clear […]Continue Reading →