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 →
This week’s Interview of the Week is with Stefan Lepecki, CEO of Braskem IDESA. Braskem IDESA is an association of Brazil’s Braskem and Mexico’s IDESA and was created in 2010. The association leads the Etileno XXI petrochemical complex for the production of polyethylene and other chemical derivatives in the state of Veracruz.
Q: What are your […]Continue Reading →
It was another mixed week for Mexico’s oil and gas industry as the financial woes of PEMEX were once again laid bare, with the company reporting heavy losses for 2018 and causing concern in the market. The IMF waded into the fray and called for Mexico’s most important company to come up with a clear […]Continue Reading →
On Wednesday, the Superior Audit of the Federation (ASF), an independent institution recommended the government review the proposals and strategies of the Energy Reform to meet the expectations raise d in 2013. The recommendation was given in the third installment of the ASF’s Public Account Report 2017. This document specifies that during the period 2013-2017 […]Continue Reading →
IEnova, one of the first private companies to invest in the Mexican energy sector, has made significant investments in the country’s infrastructure for hydrocarbon transportation, distribution and storage, as well as electricity generation. Present in Mexico since 1996, the company’s mission is to contribute to the country’s development by constructing and operating energy infrastructure. Check […]
by Brenda Salas
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, […]