Currently viewing the tag: "Opinion"

 It has been over six months since the basement of Pemex Tower B2 was torn apart by a ball of fire that ended the life of thirty-seven people and injured over a hundred and twenty. What was once surrounded by mystery and speculation (the basement housed a part of Pemex’s archives) has now […]

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“The purpose of an energy bill is to have more energy at lower prices and cleaner energy. You can see what is happening in the US with the shale gas revolution, and the reduction in the use of coal and fuel oil: electricity prices have come down. I think that sets the precedent […]

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“Since the energy reform of 2008, the biggest challenge for Mexican service companies has been working out how to add value to their offering, and match the current and future requirements of Pemex,” said Eduardo Andrade Iturribaría, Corporate Director for Iberdrola in Latin America and Director of Amespac, an association dedicated to boosting […]

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On Tuesday, Repsol announced that it would be buying 10% of its own shares back from Sacyr, the Spanish construction company that in August entered into an agreement with Pemex to syndicate their voting rights. The deal brought an end to the agreement between Sacyr and Pemex, following the problems Sacyr had in refinancing its […]

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Despite announcing a $6.2 billion USD loss at its earnings call today, its largest loss since 2008, Pemex could not have said it better in its investor presentation today when it announced that “the technological and operational efforts carried out in the ATG Project […]

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