Change is on the horizon according to PEMEX’s latest news; a transformational step that aims to boost efficiency and maximize profitability. Its Administrative Council has just approved the company’s corporate restructuring this week enabling it to reach new markets and become what Emilio Lozoya calls a stronger and bolder PEMEX. Following this paradigm shift to [...]Continue Reading →
The hype surrounding the release of the exploration areas and production fields in Mexico’s hydrocarbon assets that will be available for the private sector to bid has finally simmered to a reality. The general terms that will be applicable to all contracts were just released by SENER this week and even though Round One’s first set [...]Continue Reading →
The significant changes the Energy Reform will bring may already be envisaged in events like Mexican Oil & Gas Opportunities Post-Reform II, a three- day summit that took place at the Hyatt Regency in Mexico City which compiled the opinion of some of the main leaders of the industry.
Following the resolution of Round Zero [...]Continue Reading →
Leaders within PEMEX and the overall public sector of the energy industry have been busy granting interviews and offering statements in the wake of Wednesday’s announcements. These declarations have sought to explore the way in which the Energy Reform will impact PEMEX’s future strategy. For example, a piece in newspaper Reforma titled “PEMEX Evaluates importing [...]Continue Reading →
The results of the Round Zero and the content of Round One were announced today by a contingent of public sector leaders in the Mexican oil & gas industry that included SENER heads Pedro Joaquin Coldwell and Lourdes Melgar, PEMEX CEO Emilio Lozoya Austin, PEMEX E&P Director General Gustavo Hernández and CNH Commissioner Juan Carlos [...]Continue Reading →
As the final steps leading up to the transformation of Pemex into a productive enterprise of the state draw near thanks to upcoming industry landmarks such as the announcement of the Round Zero results in September and the complete passing of the Secondary Laws at some indeterminate point in the next month, it [...]Continue Reading →