Juan Carlos Zepeda, president commissioner of CNH, announced a third bidding round dedicated to conventional onshore resources during an industry event Thursday Oct. 19. The terms of this onshore bidding round will be established this year or early in 2018, said Zepeda to Reuters, and contracts will probably be signed during the summer of 2018.
Pemex’ Salina Cruz refinery continued its suspension of activities after the earthquake of Sept. 7, according to the NOC. In order to guarantee safety at the plant two new turbo generators are to be integrated to the plant. The Salina Cruz refinery has a capacity to process 330,000 barrels of crude per day.
Fishermen […]Continue Reading →
Veracruz’s Chamber of Commerce held a Fracking and Renewable Energy Forum on Sept. 24 to discuss the controversial method of hydrocarbon’s extraction.
Mexican oilfield services company Oro Negro filed for insolvency protection to gain time and protection against creditors as it restructures its US$961 million debt.
According to PEMEX, […]Continue Reading →
PEMEX is racing against time to further open up the use of its pipelines and storage infrastructure for the private sector, before the nationwide liberalization of gasoline prices set for Nov. 30, 2017. To that end, CRE is preparing a capacity cession project for private players, readily available in COFEMER. […]Continue Reading →
Mexico’s licensing rounds, spearhead of the country’s Energy Reform, provided new life for the oil and gas industries’ upstream and midstream sectors. What of the downstream sector? PEMEX’s role remains preponderant, yet there is confusion about its involvement with this segment in the coming years, as the reform crystallizes and a wide array of […]Continue Reading →
The Energy Reform has expanded PEMEX’s horizons and will permit it to look for participation opportunities outside Mexico, José Antonio Escalera Alcocer, Director of Exploration at PEMEX E&P, told the Mexico Oil & Gas Summit 2017 on Wednesday at the Mexico City Hotel Sheraton María Isabel.
“As a company, PEMEX had been invited to participate […]Continue Reading →