The global energy demand is growing exponentially and there seems to be no stopping it. In 2018, this demand rose at its highest rate in the last decade, increasing 2.3 percent year-on-year. Global use of crude oil, which in 2018 averaged 99.2 MMb/d, should hit 100.6MMb/d by the end of 2019. Yet the energy […]Continue Reading →
Pajaritos Petrochemical Complex (Photo credit: liberal.com.mx)
Admitting that excessive public financing of certain sectors in the energy industry, such as petrochemicals, would generate unnecessary debt, AMLO finalized an agreement last Wednesday for private investment with industry leaders in the Business Coordinating Council (CCE).
The agreement stipulates that the majority of petrochemical investment will be privatized […]
by Pedro Alcala
This week’s Interview of the Week is with Juan Pablo Vega, CEO of Naviera Integral. We discussed how Naviera Integral has reshaped its business lines to maintain its advantages in a competitive market. Juan Pablo Vega, CEO of Naviera Integral
Q: How would you evaluate Naviera Integral’s development over the past year?
A: Last year […]Continue Reading →
PEMEX set a major milestone for the future of the country’s energy vision with the release of its Business Plan. And the Mexico Oil & Gas Summit took place, with industry leaders offering exclusive insights into the industry’s future. Read about it all here, on this week’s oil and gas weekly roundup!
Luis Vera, Executive […]Continue Reading →
Just one day after the publication of the eagerly awaited PEMEX Business Plan, Miguel Ángel Maciel Torres, Deputy Minister of Hydrocarbons at the Ministry of Energy, opened Mexico Oil & Gas Summit 2019 on Wednesday at the Mexico City Sheraton María Isabel Hotel.
In his presentation, titled The New Government’s Energy Vision, Maciel Torres highlighted […]Continue Reading →
Positive news for Mexico this past week as PEMEX reported the federal government’s anti-fuel-theft measures had produced positive results. But the AMLO government’s tactics that led to shortages in some areas of northern Mexico also played a part in lower gasoline sales, which hit a 13-year low in January. AMLO also delivered on a promise […]Continue Reading →