As US President Donald Trump locks in his ascension to power at Friday’s inauguration, analysts studying the outlook of Mexico’s oil and gas industry face a complex task. While the IMF predicts “US-related uncertainty” will sap Mexico’s economic growth in 2017, the country’s opening oil and gas sector is still celebrating the resounding […]Continue Reading →
PEMEX imported diesel by train for the first time ever in January 2017, said the head of the NOC’s trading branch PMI Comercio Internacional, Isaac Volin. The development marks a milestone in Mexico’s opening energy industry, since the country previously received fuel imports by pipelines and seaports only.
Volin’s comments, made in a recent interview […]Continue Reading →
Mexico’s state-owned oil company PEMEX was denied a request to migrate its huge Ku-Maloob-Zaap asset to a single Exploration and Extraction Contract without a partner, in a move that could have lowered the tax burden attached to the Gulf of Mexico field, media reports said.
The proposal, presented to CNH by SENER, was found to […]Continue Reading →
From Nov. 7 to 11 a German Trade Delegation of oil & gas technology and services providers will be welcomed by the German Chamber of Commerce in Mexico (CAMEXA), with the objective of strengthening the relation between the most relevant German companies and players and evaluate bilateral collaboration in the oil & gas industry. […]Continue Reading →
On September 29, the Mexican Association of Hydrocarbon Companies (AMEXHI) announced that Alberto de la Fuente, President and Director General of Shell México, was unanimously elected as President of the association for the 2016-2018 term.
In an excerpt from an exclusive interview with El Financiero Review, Alberto de la Fuente, President and Director General of […]Continue Reading →
Mexico’s oil regulator announced that PEMEX’s agreed stake in the upcoming Trion farm-out is to be reduced to 40 percent, down from the original 45 percent. The Trion block, located in the Perdido Fold Belt, is set to become the first area in Mexico’s deep waters involved in a joint venture between PEMEX and […]Continue Reading →