It has been six years since the implementation of the Energy Reform and for Sergio Pimentel, Commissioner at CNH, it is time to stop talking about it. “A reform implies something new, which is not the case for this legal framework anymore,” he said during the closing speech of Mexico Oil & Gas Summit 2019 […]Continue Reading →
This week the oil industry faced a mixed bag. While Russian and Mexican entrepreneurs pledge investment in Mexico’s energy sector, the country continues to experience drops in production and fuel continues to be stolen. Meanwhile, CFE is evaluating the transfer of its pipelines to CENAGAs and investigations are underway in LPG theft.
In Latin America, […]
by Sara Warden
Venezuelan oil prices reached US$86/b, their highest value in five years and US$7 more than Brent crude on the back of political tensions caused by Wednesday’s self-appointment of Juan Guaidó as interim President of the Caribbean country and Nicolas Maduro’s refusal to concede power. One of the causes of this price increase is the possibility […]Continue Reading →
Last week, President-Elect López Obrador confirmed the first days of its administration would oversee the execution of a drilling round for December 2018, ASEA inaugurated its digital platform, CRE merged the Contract Transfer Phases and CENAGAS has a natural gas storage asset ready to tender. Meanwhile, OPEC reached its highest production levels in 2018 […]Continue Reading →
In July 2012, Mexico will go to the ballot box to choose its next president. The constitution of the country only allows ruling presidents one six-year term, with no chance of consecutive re-election, and therefore current Mexican President Felipe Calderón must be replaced. Of the three main parties, only the PRD has announced its presidential […]Continue Reading →