This week Pemex sent a letter of intent to shipyard Hijos de J. Barreras (HJB) in Galicia, Spain, as a means to acquire 51% of the company’s stock. According to the letter signed by Pemex directors, the main goal behind the acquisition of the Spanish shipyard is to “transfer the technological knowledge of [...]Continue Reading →
The Petroleum Exhibition and Conference of Mexico (PECOM) was inaugurated yesterday. It is one of the most important events of the oil and gas industry in Mexico.
The congress has been happening every year since 1994 in Villahermosa, Tabasco. “Every year it attracts more than 125 companies, representing over eight countries, that are presenting and [...]Continue Reading →
“The oil and gas industry in Mexico is poised for substantial growth,” says Sandy Basler, vice-president of events at AtComedia, the company that has been organizing PECOM since 1994. As new opportunities within the oil and gas industry are emerging in the country with the upcoming energy reform, some conferences and meetings are vital tools for [...]Continue Reading →
One of the biggest conundrums that the Mexican oil industry poses for the expert analysts that follow it closely is the obligation that Pemex has to operate by itself. This has always presented an added challenge to all of the already existing technical and red tape obstacles that the company has to overcome on a [...]Continue Reading →
In the last few years, Pemex has made a lot of progress in catching up with certain trends in the international oil and gas landscape. It all started in 1992, with the introduction of corporate governance rules and splitting internally into four independent organisms: Exploration and Production, Refining, Gas and Basic Petrochemicals, and Petrochemicals. After [...]Continue Reading →