The following is the seventh entry in a series of brief pieces focused on the speakers that will be participating in the Mexican Oil and Gas Summit on July 1st in the Sheraton Maria Isabel in Mexico City. To see the full list of speakers, click here. To register to attend, click here.
Vinicio [...]Continue Reading →
The following is the first part of an abridged transcription of the Round Zero Conference Call with PEMEX investors that took place this morning. We have tried to limit the text to everything that is not directly read off the accompanying presentation, which you can download in Spanish from PEMEX’s website here, and which [...]Continue Reading →
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Earlier this week, the Heavy Oil Latin America Conference and Exhibition (HOLA) was held at the International Convention Center in the coastal city of Puerto Vallarta, located in the Mexican state of Jalisco. The event took place over three days of commercial and technological conferences that were given quite a [...]
Pemex just announced its financial results for the second quarter of 2013. As it has been widely reported throughout the day, the news was not good: the NOC reported losses of US$3.8 billion, the highest since the third quarter of 2011. Most of these losses were generated by a steady decline in crude [...]Continue Reading →
This week, Pemex announced that thanks to its 170 producing wells, Ku-Maloob-Zaap is for the third year the NOC’s best producing field, with an average daily production of 865,000 b/d and 349 Mcf of gas in December, a record breaking month for the field in terms of production. However, Pemex might not be quite as [...]Continue Reading →
Now that Enrique Peña Nieto has been confirmed as the next Mexican President elect, it seems like a good moment to revisit the question of energy reform, based on conversations conducted with key players in the oil and gas industry over the last few weeks, and see what this means for the upstream sector in [...]Continue Reading →