Articles tagged pemex

At the end of August, Cenagas will celebrate its 10th anniversary. Its creation was based around it becoming the central player in the Mexican natural gas market. It would be a firm-based capacity manager for the strategic pipeline network, the Sistrangas, an economic agent capable of...

Spain’s Repsol SA hopes to take a final investment decision (FID) to develop a recently announced oil and gas discovery offshore Mexico within the next two years, according to CEO Josu Jon Imaz San Miguel.

The continuation of Mexico’s current energy policies into the next administration could put a heavy strain on public finances, according to new research by local think tank Centro de Investigación Económica y Presupuestaria (CIEP).

Mexico’s recent widespread blackouts serve as a warning in failed policies for the current and incoming governments, but solutions are available, experts said Thursday. 

A recent ruling by Mexico’s Supreme Court to uphold the constitutionality of the 2021 Hydrocarbons Law could further limit the ability of private companies to obtain regulatory permits and heighten risks of government intervention in midstream and downstream operations, industry experts told NGI’s Mexico GPI. 

Mexico’s state oil and gas giant Petróleos Mexicanos, or Pemex, reported a 7.5% year/year drop in natural gas production in the first quarter as the country's aging offshore oil fields showed weaker output.

Mexico’s state oil company Petróleos Mexicanos (Pemex) said a fire Saturday at the Akal-B offshore platform in Campeche Bay left one worker dead and nine injured, including two in critical condition.

Mexico’s Petróleos Mexicanos (Pemex) has “gained unprecedented help from the government during this administration,” CEO Octavio Romero Oropeza said in an earnings call.

Mexican President Andrés Manuel López Obrador said last week that the government waived four months of tax obligations for state oil and gas producer Petróleos Mexicans (Pemex) in an effort to free up cash flow for the debt-saddled company following a downgrade by the credit agency Moody’s. 

Mexico President Andrés Manuel López Obrador, or AMLO, is ending his term the way he started it – by lambasting the nation’s regulators and accusing them of being in cahoots with private business interests.