The beginning of a new era is approaching Saudi Arabia as it officially presents its “Vision 2030”, a plan for a post-oil economy. It will dedicate a whopping US$2 trillion toward a Public Investment Fund, which will be the largest sovereign wealth fund in the world and will help the country […]Continue Reading →
Early in the morning of 29 February 2016, José Antonio González Anaya, PEMEX’s Director General voiced a message to investors in the Mexican oil and gas industry, delineating PEMEX’s new Adjustment Program. He began by placing this seemingly drastic measure into a global context of low oil prices, highlighting the fact […]Continue Reading →
Although the rumors have been around for a few days now, just a few minutes ago, it was made official: Emilio Lozoya Austin renounced his position as Director General of PEMEX. José Antonio González Anaya, now the former Director General of the Mexican Institute of Social Security (IMSS) will be replacing Lozoya as head of […]Continue Reading →
As taboo as this idea may be, analysts and professionals from the oil and gas industry would be lying if they said it had never popped into their head that maybe the solution to PEMEX’s problems would be to privatize the company and float some of its shares. The NOC is crumbling in debt, with […]Continue Reading →
The Energy Mexico 2016 Oil Gas Power event took place in Mexico City from January 26-28. We hope you learned as much as we did and were able to enjoy some of the lovely Dutch waffles at our stand in the exhibition room!
n case you missed some of the talks or could not attend […]Continue Reading →
PEMEX’s struggles are no news for the Mexican oil and gas industry, but things are getting worse as the oil prices keep dropping, pulling down with them the global oil and gas industry. For now, it seems, there is no way out. On the 21st of January, when Brent Crude stood at US$28.38 per […]Continue Reading →