Currently viewing the tag: "prices"

This week, the Mexican Petroleum Fund for Stabilization and Development (FMPED) announced it had exceeded its income expectations by MX$84.9 billion, taking in MX$541.7 billion in 2018. This is the second consecutive year that this has occurred. 2018 revenues were 16.6 percent higher in real terms than those in 2017, and represented 2.4 percent of […]

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There is no denying that shallow waters are Mexico’s forte. At the height of its production boom, the Cantarell complex was producing 2.1 million b/d, ranking it the second-fastest producing field in the world. The knowledge and experience of the service providers that worked with PEMEX in shallow waters will be invaluable to the new […]

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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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