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 →
The last quarter of the year seems to evidence the exhaustion of a PEMEX model that no longer holds itself, no matter which angle it is looked at. The fact that the price of Mexican crude oil has dropped below the barrier of US$50 per barrel is just another factor of concern for the […]Continue Reading →
As the effects of the continuous implementation of the Energy Reform continue to be felt throughout the Mexican oil and gas industry, it becomes important for Mexico to define the role that it wants to play within its international energy paradigm. However, in order to answer this question one must first […]Continue Reading →
During the last day of April 2014, which was coincidentally also the last day of the first ordinary legislative session of the year, President Enrique Peña Nieto submitted the packages of secondary laws of the energy reform. Legislators claimed to not have any sort of opinion or analysis ready in support or in opposition to […]Continue Reading →
For further reading on the subject of yesterday’s post, you can check out this article on Romero Deschamps’ reaction to his exclusion from the Pemex Board of Directors in El Occidental, or this comparison between “La Quina” and Deschamps put together by ADN Político.
Energy reform has passed in […]Continue Reading →
Last Tuesday, Energy Day 2013 took place in the Hotel Camino Real Polanco in Mexico City; industry leaders and prominent public officials listened to and participated in several discussions and debates regarding the most pressing issues that affect Mexico’s energy future. The event, organized by the British Chamber of Commerce, commenced with some […]Continue Reading →