Currently viewing the tag: "Pemex"

Last week brought good news to Mexico’s LNG business as IEnova signed a preliminary agreement with Mitsui, Total and Tokyo Gas to export LNG to global markets. Meanwhile, CFE and PEMEX are called to become the main players of Mexico’s upcoming carbon market and refining and fracking are boosting the global oil and gas […]

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Last week, CNH approved stock ownership transfers from the Talos Energy, Sierra Oil & Gas and Premier Oil consortium to the benefit of Hokchi Energy and approved the exploration plans for the joint production contract between PEMEX and DEA Deutsche Erdoel. Meanwhile, the US is planning to waive eight countries to be allowed to […]

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After filing for insolvency in Sept. 2018, Oro Negro’s creditors attempted to take over five oil platforms. Mexico’s private sector defended industry’s regulators, CRE and CNH against a parliamentary initiative to integrate both commissions to the Ministry of Energy. Meanwhile, IEA adjusts Venezuela crude oil production on the low end and ExxonMobil and Shell […]

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MORENA’s legislative body is looking to install CRE and CNH under the Ministry of Energy, effectively endangering their technical, operative and administrative autonomy and President-elect López Obrador is conditioning future licensing rounds to the success of Mexico’s 107 already signed contracts. Meanwhile, ExxonMobil and Shell are betting on natural gas while the US is […]

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PEMEX announced a crude discovery equivalent to an additional 180 million boe and is importing gasoline from South Korea while fracking is defended by CCE, CNH and the Ministry of Energy. Meanwhile, IEA’s head, Fatih Birol, is expecting a complicated 4Q18 in terms of macroeconic growth due to rising crude oil prices and […]

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On Oct. 9, Carlos Treviño, Director General of PEMEX, announced important activity updates in six Mexican shallow waters fields. The fields are: Xikin and Esah, which are about to enter into production phase; Kinbe and Koban which are being delimited; and Manik and Mulach, where seven exciting plays were discovered. To see PEMEX’s press release […]

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