PEMEX named Armando Palacios Director General of PEMEX Logística and David Ruelas as CFO.
A PEMEX duct exploded in the state of Mexico due to illegal fuel tapping.
The prospective energy minister of presidential frontrunner Andrés López, Rocio Nahle, said that in a López Obrador presidency the country would focus […]Continue Reading →
Mexico became the 30th member of the IEA, thereby becoming the organization’s first Latin American member.
BHP Billiton will start drilling an appraisal well and an exploratory well later this year as part of a plan approved by the CNH Feb. 15
PEMEX reported no damages after the 7.2 […]Continue Reading →
PEMEX is on the point of sealing a US$2.6 billion deal with a consortium headed by Japanese conglomerate Mitsui & Co for a coking plant in its ailing Tula refinery.
Mexico’s second deepwater licensing Round 2.4 was a great success with 19 of 29 blocks being awarded. Shell won 9 […]Continue Reading →
Geopolitics was the main item on the agenda at Energy Mexico 2018’s oil and gas related conferences at (location) this week. Among the topics were President Trump, NAFTA, North American energy integration, shale oil, OPEC production cutting agreements and their underlying effect on prices. The event was presided over by Jesús Reyes Heroles, former […]Continue Reading →
Many of the world’s most important IOC’s are lining up for licensing round 2.4 with 21 companies participating among which ExxonMobil, Shell and Chevron.
Mexican crude oil price reached Dec. 2014 levels, reaching US$59.58 per barrel last Wednesday Jan. 24.
Mexico will auction 37 onshore blocks the 25th of […]Continue Reading →
PEMEX and the Ministry of Finance assured that there would be no change to the policy of gradual fuel price adjustments which has been implemented during the last year, emphasizing that there would be no sudden price rises.
Inflation in 2018 will be driven by exchange rates, gas lp prices and […]Continue Reading →