After months of dropping oil prices with no end in sight, it seems that the commodity has finally come to its senses, with Brent, the international reference, rising up from approximately US$30 to around US$40 in less than one month. The itching question on everyone’s mind is “will it last?”.
Let us recall in brief […]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 →
Change is on the horizon according to PEMEX’s latest news; a transformational step that aims to boost efficiency and maximize profitability. Its Administrative Council has just approved the company’s corporate restructuring this week enabling it to reach new markets and become what Emilio Lozoya calls a stronger and bolder PEMEX. Following this paradigm shift to […]Continue Reading →
The following is the seventh in a series of summaries of each presentation and panel that took place during the Mexico Oil and Gas Summit last Tuesday, July 1st in the Sheraton María Isabel in Mexico City. To download the speaker’s presentations which have been approved for public distribution so far, […]
by Pedro Alcalá
The Sheraton Maria Isabel’s Bugambilias Room was the setting for the first Mexico Oil & Gas Procurement Forum on Monday June 2nd, just days ahead of the Congreso Mexicano del Petróleo. The event held 120 key executives involved with the procurement of products and services in the Mexican oil and gas industry, eager to share […]Continue Reading →